SINGAPORE -Artificial intelligence startup Anthropic will open an office in South Korea, as it ramps up its Asia expansion, a top executive said on Thursday. “Out of the top five (Anthropic) users globally, three are in Asia: Korea, Japan, and India,” Chief Commercial Officer Paul Smith told Reuters in an interview. He said that 25% …
Anthropic to open South Korea office as part of Asia expansion Read More »
By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) -Japan’s nuclear power industry wants greater support for new reactor building, including via state-run capacity auctions, under the government of newly elected pro-nuclear Prime Minister Sanae Takaichi, a lobby head said on Thursday. Just 14 of the 54 nuclear plants operating in Japan before the 2011 Fukushima …
Japan nuclear sector seeks greater support in new reactor builds, lobby head says Read More »
BRUSSELS (Reuters) -Dutch Prime Minister Dick Schoof said he discussed the situation related to Chinese-owned chip supplier Nexperia with German Chancellor Friedrich Merz on the sidelines of the EU summit in Brussels. The Dutch government seized control of Nexperia, an important supplier of basic chips used in cars, on September 30, citing intellectual property concerns …
Dutch PM Schoof says he spoke with Germany’s Merz on Nexperia Read More »
By Leika Kihara TOKYO (Reuters) -The new junior party in Japan’s ruling coalition is likely to give Prime Minister Sanae Takaichi the green light she needs for a big spending package, but will stop short of supporting a revival of Abenomics-style fiscal and monetary policies. Takaichi made history this week becoming the country’s first female …
Japan’s new coalition eyes big spending, but not Abenomics 2.0 Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) -U.S. and world stocks rose on Thursday, boosted by a cooling in U.S.-China trade tensions, while oil prices rocketed 5% after Washington sanctioned two Russian oil giants, raising concern about global supply. More on that below. In my column today, I look at whether the ‘Magnificent 7’ may be …
By Chen Aizhu, Florence Tan and Siyi Liu SINGAPORE (Reuters) -Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow’s two biggest oil companies, multiple trade sources said on Thursday. The move comes as refiners in India, the largest buyer of seaborne Russian …
Exclusive-China state oil majors suspend Russian oil buys due to sanctions, sources say Read More »
By Julie Ingwersen WAUSAU, Wisconsin (Reuters) -The cool woodlands of central Wisconsin boast soils packed with Ice Age mineral deposits that make the area perfect for the cultivation of ginseng, a medicinal root that has been exported to Asia for more than 300 years. Sliced and used in tea or ground into capsules, ginseng root …
China trade spat threatens Wisconsin’s ‘Napa Valley’ of ginseng Read More »
By Neil J Kanatt and Prerna Bedi (Reuters) -Hasbro raised its annual revenue and core profit forecasts on Thursday banking on strong demand for its digital games, including “Magic: The Gathering”, at a time when tariff uncertainty looms over the all-important holiday season. The toy industry, which relies heavily on its manufacturing hubs in regions …
Hasbro lifts annual forecasts on ‘Magic: The Gathering’ demand boost Read More »
By Julia Payne and Florence Tan BRUSSELS/SINGAPORE (Reuters) -The European Union has added two Chinese refiners with combined capacity of 600,000 barrels per day (bpd) as well as Chinaoil Hong Kong, a trading arm of PetroChina, to its Russia sanctions list, its Official Journal showed on Thursday. The two refineries are Liaoyang Petrochemical and Shandong …
EU lists two Chinese refineries, trader Chinaoil in Russia sanctions package Read More »
BEIJING (Reuters) -China’s Communist Party elite vowed on Thursday to build a modern industrial system and make more efforts to achieve technological self-reliance, moves it sees as key to bolstering its position in its intensifying rivalry with the United States. As expected, the Party’s Central Committee also promised more efforts to expand domestic demand and …
China’s new five-year plan sharpens industry, tech focus as US tensions mount Read More »
