Reuters Asia Business

BEIJING (Reuters) -China on Tuesday issued safety guidelines for the use of autonomous vehicles in public transport, the latest in a series of measures preparing for the increased use of driverless cars. The guidelines apply to autonomous vehicles for passengers including taxis as well as for freight, the Ministry of Transport said in a statement. …

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By Ernest Scheyder ALEXANDRIA, Louisiana (Reuters) -Start-up tech firms are racing to transform the way rare earths are refined for the clean energy transition, a push aimed at turbocharging the West’s expansion into the niche sector that underpins billions of electronic devices. The existing standard to refine these strategic minerals, known as solvent extraction, is …

Western start-ups seek to break China’s grip on rare earths refining Read More »

SAO PAULO (Reuters) – South Korea’s Defense Acquisition Program Administration (DAPA) has selected Brazilian planemaker Embraer’s C-390 Millennium military aircraft, according to a statement from the company on Monday. Embraer said it will supply an undisclosed number of the aircraft, which will meet specific requirements for the Korean Air Force. The order is believed to …

South Korea selects Embraer’s C-390 Millennium aircraft in first Asian order Read More »

By Stephen Nellis (Reuters) – International Business Machines on Monday showed a new quantum computing chip and machine that it hopes will serve as the building blocks of much larger systems a decade from now. Researchers around the world are trying to perfect quantum computing, which relies on quantum mechanics to reach computing speeds far …

IBM shows new quantum computing chip, targeting 2033 for large systems Read More »

TOKYO (Reuters) – Nvidia CEO Jensen Huang said on Monday his company would do its best to supply its artificial intelligence processors to Japan amid extremely high market demand. Japan is rushing to rebuild its once world-leading semiconductor infrastructure and catch up on the development of AI technology. The graphics processing units (GPUs) made by …

Nvidia CEO says he will try to prioritise Japan for AI processors Read More »

BEIJING (Reuters) – Sales of U.S. automaker Tesla’s China-made electric vehicles skidded 17.8% in November from the same month a year earlier, to 82,432 cars, China Passenger Car Association (CPCA) data showed on Monday. Deliveries of China-made Model 3 and Model Y cars rose 14.3% from October. Chinese rival BYD, with its Dynasty and Ocean …

Tesla’s China-made EV sales skid 17.8% on year in November Read More »

COPENHAGEN (Reuters) – Danish shipping company Maersk on Monday said it will invest more than $500 million to expand its supply chain infrastructure in South-East Asia. Maersk intends to scale up its warehousing and distribution in the region by up to 50% and expects to add nearly 480,000 square metres of capacity across Singapore, Malaysia, …

Maersk to invest more than $500 million to boost South-East Asia supply chain Read More »