BEIJING (Reuters) – Chinese state media on Thursday took aim at employers’ discriminatory hiring practices, including a trend among companies seeking younger and cheaper workers that has become widely known as the “Curse of 35”. The Workers Daily newspaper has been at the forefront of a media campaign to draw attention to the iniquities of …
‘Curse of 35’: China’s state media takes aim at ageist hiring policies Read More »
By Josh Ye HONG KONG (Reuters) -China has released its first homegrown open-source desktop operating system, named OpenKylin, state media said, as the country steps up efforts to cut reliance on U.S. technology. Released on Wednesday, and based on the existing open-source Linux operating system, China’s version was built by a community of about 4,000 …
China releases its first open-source computer operating system Read More »
By A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s central bank kept benchmark interest rates unchanged on Thursday, as expected, amid signs of moderating growth and easing inflation, with economists saying it will likely stay on hold for the rest of the year. Growth in the Southeast Asian economy hit a 22-year high of …
Malaysia’s central bank hits pause on rates as price pressures ease Read More »
TOKYO (Reuters) -Toyota Motor plans to suspend operations at a packaging line for export-bound components on Friday, the automaker said on Thursday, after a cyberattack at Japan’s biggest port triggered a system glitch and stalled work for more than two days. The port of Nagoya in central Japan, where Toyota exports most of its cars, …
Toyota to suspend packaging line after cyberattack on Japan port Read More »
By Yoshifumi Takemoto and Martin Quin Pollard TOKYO/BEIJING (Reuters) – Japanese officials are worried that China, the biggest buyer of its seafood exports, may halt purchases of those items after Tokyo begins releasing treated radioactive water from its crippled Fukushima nuclear plant into the sea. The U.N. nuclear watchdog this week gave Japan the greenlight …
Japan may see wider Chinese seafood ban after Fukushima release Read More »
By Yantoultra Ngui, Phuong Nguyen and Khanh Vu HANOI/SINGAPORE (Reuters) – Vietnam’s Saigon–Hanoi Commercial Joint Stock Bank (SHB) is in discussions to bring in a strategic partner that could own up to a 20% stake in the lender, five sources with knowledge of the matter said. The potential deal could value the Hanoi-based bank at …
JAKARTA (Reuters) – Copper miner PT Freeport Indonesia, a unit of Freeport-McMoran, said on Thursday it has not yet obtained a government permit to continue exporting its materials, risking overcapacity at its storage facilities in the eastern region of Papua. Indonesia in June banned exports of raw minerals to attract investment into its metals processing …
Freeport Indonesia awaits export permit as copper concentrate piles up Read More »
BANGKOK (Reuters) – Investor confidence in Thailand’s stock market rose slightly, buoyed by hopes of a smooth formation of a new government and continued recovery in tourism and the economy, a capital markets group said on Thursday. A June survey by the Federation of Thai Capital Market Organisations (FETCO) showed its overall investor confidence index …
Thai stock investor mood improves ahead of formation of new government Read More »
(Reuters) – Volkswagen on Thursday said it was monitoring the situation on the raw materials markets after China announced it would control exports of some metals, adding that it was “ready to take measures together with its partners if necessary”. China’s commerce ministry said earlier this month it would require export permits for eight gallium …
Volkswagen ready to act amid China metal export curbs Read More »
By Brenda Goh, Supantha Mukherjee and Kanishka Singh SHANGHAI/STOCKHOLM/WASHINGTON (Reuters) -China’s decision this week to restrict exports of some strategic metals has prompted more companies to re-think their reliance on the world’s No. 2 economy at a time when mounting geopolitical tensions have fed fears that more curbs could be coming. In a move that …
China’s metal export curbs reignites global companies’ hunt for stable suppliers Read More »
