TOKYO (Reuters) – A domestic flight of Japan’s All Nippon Airways returned to its departure airport on Saturday after a crack was found on the cockpit window of the Boeing 737-800 aircraft midair, a spokesperson for the airline said. Flight 1182 was en route to Toyama airport but headed back to the Sapporo-New Chitose airport …
Japan ANA Boeing 737-800 flight turns back due to cockpit window crack Read More »
By Julie Zhu and Anirban Sen HONG KONG/NEW YORK (Reuters) – Shein is seeking Beijing’s nod to go public in the U.S., two sources with knowledge of the matter said, highlighting the limits of the fashion company’s efforts to present itself as global rather than a Chinese company. The move could further complicate Shein’s listing …
Exclusive-Shein seeks China’s permission for US IPO -sources Read More »
TOKYO (Reuters) – Japan’s financial regulator on Friday ordered SBI Securities to halt part of its business related to initial public offerings (IPOs) for a week through Jan. 18 as a penalty for having manipulated clients’ post-IPO share prices. The Financial Service Agency also ordered the online brokerage unit of financial conglomerate SBI Holdings to …
Japan regulator orders SBI to halt part of IPO business for price manipulation Read More »
(Reuters) – LG Electronics on Friday opened its first factory in the U.S. for assembling electric-vehicle charging stations as the South Korean electronics giant looks to capture a share in the fast-growing market dominated by market leader ChargePoint. Based in Forth Worth, Texas, the company’s 100 thousand square feet new factory has an annual capacity …
LG opens first EV charging station factory in the US Read More »
By Kantaro Komiya and Yuka Obayashi TOKYO (Reuters) -Nippon Steel said on Friday President Eiji Hashimoto will become CEO and chairman effective April 1, remaining at the helm as the top Japanese steelmaker aims to complete a deal to take over U.S. Steel. Executive Vice President Tadashi Imai and head of Nippon Steel’s initiative to …
Nippon Steel’s Hashimoto to take CEO role as he seeks to finalise US Steel deal Read More »
SHANGHAI (Reuters) – China’s securities regulator will strengthen incentives for “countercyclical investment” and guide institutions to practice long-term investment, it said on Friday, seeking to boost the country’s faltering stock market. China’s stock benchmark is down 4.3% since the start of the year, hovering around close to five-year lows amid weak investor sentiment in the …
China securities regulator vows to strengthen long-term investment incentives Read More »
SHANGHAI/BRUSSELS (Reuters) -European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European electric vehicle (EV) makers, three people involved in the process said. The inspectors will visit BYD, Geely and SAIC, two sources said, with one of them saying …
Exclusive-EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source Read More »
By Sarita Chaganti Singh NEW DELHI (Reuters) – Jindal Power has proposed to top a bid by Adani Power, led by billionaire Gautam Adani, for a thermal power plant, two sources with direct knowledge of the matter said, as India looks to drum up investment in coal-fired power. The tussle for the 1,980-megawatt plant in …
India’s Jindal Power proposes to top Adani’s bid for coal-power plant -sources Read More »
BEIJING (Reuters) – China on Friday issued anti-monopoly guidelines stipulating that industry associations should not organise firms to engage in monopoly agreements and should guide them to strengthen antitrust compliance, state media CCTV reported. (Reporting by Beijing newsroom; Editing by Christopher Cushing)
By Xie Yu and Selena Li HONG KONG (Reuters) – Harvest Fund Management, which manages $210 billion in assets, has laid off more than one-third of its staff at its Hong Kong unit as the leading Chinese asset manager pulls back from foreign business, two sources with knowledge of the matter said. The impacted staff …
