Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants catch up with Chinese rivals and Tesla on electric vehicles.Their collaboration would create the world’s third largest automaker, expanding development of EVs and self-driving tech while coming to the rescue of struggling Nissan.The pair along …
Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants catch up with Chinese rivals and Tesla on electric vehicles.Their collaboration would create the world’s third largest automaker, expanding development of EVs and self-driving tech while coming to the rescue of struggling Nissan.The pair have …
Social media users in Vietnam on platforms including Facebook and TikTok will need to verify their identities as part of strict new internet regulations that critics say further undermine freedom of expression in the communist country.The law, which comes into force on Christmas Day, will compel tech giants operating in Vietnam to store user data, …
‘Draconian’ Vietnam internet law heightens free speech fears Read More »
Asian markets rose Monday after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered worries that the Federal Reserve will take a more hawkish tone with interest rates next year.A holiday-thinned week got off to a healthy start after last week’s sell-off sparked by the US central bank’s outlook that …
Asian markets track Wall St rally as US inflation eases rate worries Read More »
Thousands of selfie-taking Ho Chi Minh City residents crammed into train carriages Sunday as the traffic-clogged business hub celebrated the opening of its first-ever metro line after years of delays.Huge queues spilled out of every station along the $1.7 billion line that runs almost 20 kilometres (12 miles) from the city centre — with women …
‘Finally, we made it!’: Ho Chi Minh City celebrates first metro Read More »
Albanian Prime Minister Edi Rama said Saturday the government would shut down social network TikTok for at least a year from 2025.”We are going to chase this thug out of our neighbourhood for one year”, Rama told a meeting with Albanian teachers, parents and psychologists in Tirana.The government would launch programmes to “serve the education …
Albania announces shutdown of TikTok for at least a year Read More »
Wall Street stocks bounced higher Friday following a pullback in US Treasury yields as markets braced for a looming US government shutdown.Data showed the personal consumption expenditures (PCE) price index rose 2.4 percent in the 12 months to November, up from 2.3 percent in October, the Commerce Department said in a statement.But the reading came …
Wall Street climbs as markets brace for possible govt shutdown Read More »
President Joe Biden’s administration said Friday that it has cemented deals for billions in funding to South Korean semiconductor giant Samsung Electronics and Texas Instruments to boost their chipmaking facilities in the United States.US officials have been working to solidify Biden’s legacy to bolster domestic semiconductor manufacturing ahead of President-elect Donald Trump’s White House return …
US confirms billions in chips funds to Samsung, Texas Instruments Read More »
Wall Street stocks bounced higher Friday despite data showing an uptick in inflation and a looming US government shutdown.Data showed the personal consumption expenditures (PCE) price index rose 2.4 percent in the 12 months to November, up from 2.3 percent in October, the Commerce Department said in a statement.The core reading of PCE price index — …
Wall Street rebounds despite US inflation ticking higher Read More »
Global stock markets slid on Friday as investors grow concerned about the economic outlook for next year and a looming US government shutdown.The latest US data failed to comfort those worries, with a slight increase in the Federal Reserve’s preferred gauge of inflation.The Fed this week trimmed US borrowing costs but signalled fewer cuts than …
