By Makiko Yamazaki and Daniel Leussink TOKYO (Reuters) – Proxy adviser Glass Lewis has recommended that shareholders of Toyota Motor Corp vote against the re-election of Chairman Akio Toyoda as a board director at an upcoming meeting, citing his responsibility for the lack of a sufficiently independent board. Glass Lewis made the recommendation against the …
Glass Lewis recommends investors vote against Toyota chairman Read More »
HONG KONG (Reuters) -Some offshore users of an official Chinese website providing economic and demographic data on Fujian province across from Taiwan say their access has been restricted, and Beijing said “emergency measures” had been taken to deal with a cyberattack. More than half-a-dozen users with knowledge of the matter said some users outside the …
Exclusive-Offshore access curbed for website of Chinese province facing Taiwan -sources Read More »
By Sophie Yu and Brenda Goh BEIJING (Reuters) -China Eastern Airlines, the initial customer for the country’s homegrown narrow-body jet C919, will launch the plane’s first commercial flight on Sunday, the carrier’s app showed on Friday. The C919 flight will take off as flight number MU9191 at 10:45 a.m. Beijing time (0245 GMT) from Shanghai …
China Eastern set to operate C919’s first commercial flight on Sunday Read More »
TAIPEI (Reuters) -Taiwan’s economy will probably grow more slowly in 2023 than previously forecast, the government’s statistics office said on Friday, as weakening global demand weighs heavily on its key technology exports. Taiwan, home to major tech companies including the world’s largest contract chip maker TSMC, has seen its exports contracting amid interest rate hikes …
Taiwan cuts GDP forecast, export outlook as global demand weakens Read More »
By Raphael Satter, Zeba Siddiqui and James Pearson (Reuters) -The U.S. State Department warned on Thursday that China was capable of launching cyber attacks against critical infrastructure, including oil and gas pipelines and rail systems, after researchers discovered a Chinese hacking group had been spying on such networks. A multi-nation alert issued Wednesday revealed the …
U.S. warns China could hack infrastructure, including pipelines, rail systems Read More »
KUALA LUMPUR (Reuters) – Malaysia’s Anti-Corruption Commission (MACC) on Friday said it is investigating allegations of corruption involving state oil firm Petronas and an international oil and gas company. Petronas has cooperated fully with the commission in the investigation involving a project worth 399 million ringgit ($89.97 million) in the state of Sarawak, the MACC …
Malaysia’s anti-graft agency says probing Petronas, intl oil firm Read More »
BEIJING (Reuters) – China’s self-developed C919 narrow-body jet is expected to take off from Shanghai on Sunday in its first commercial flight for China Eastern Airlines. The plane, which is designed to compete with Boeing’s 737 and Airbus’ 320 family of planes, symbolises Beijing’s efforts to be more technologically self-reliant, which have intensified in the …
TIMELINE- China’s C919 15-year journey to maiden commercial flight Read More »
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka is confident of meeting its September deadline on completing debt restructuring talks with creditors, a top official said on Friday, as the debt-laden country works to emerge from its worst financial crisis in decades. Sri Lanka, which defaulted on its foreign debt for the first time in …
Sri Lanka confident of meeting September deadline for debt talks Read More »
(This May 25 story has been corrected to show only a third of mills were operating at a profit, not more than 30% were operating at a loss, in paragraph 19) By Muyu Xu and Naveen Thukral SINGAPORE (Reuters) – China’s new state iron ore buyer is asserting itself in negotiating deals for the world’s …
China’s state iron ore buyer gets down to business, yet to flex pricing power Read More »
By Naomi Rovnick LONDON(Reuters) – Experienced tech investors are hunting for undervalued opportunities in an over-valued space. At stake is how best to invest in the potential of Artificial Intelligence (AI), which took a leap forward in November when Microsoft-backed OpenAI released its ChatGPT bot, without buying into a bubble. Shares in Nvidia, which …
