By Giulio Piovaccari and Cristina Carlevaro MILAN (Reuters) -Italy’s government said on Monday it was working “constructively” with Pirelli and its investors, as it seeks to help the tyre maker resolve a governance dispute that has weighed on the company in recent years. Rome said it wanted to ensure Pirelli – which has complained that …
Italy working with Pirelli, shareholders over Chinese investor’s role Read More »
JAKARTA (Reuters) -TikTok has been fined 15 billion rupiah ($900,000) for the late reporting of its acquisition of e-commerce platform Tokopedia, Indonesia’s anti-monopoly agency said on Monday. TikTok, which is owned by China’s ByteDance, completed a deal in January 2024 to buy 75.01% of Tokopedia for $840 million from PT GoTo Gojek Tokopedia. A TikTok …
Indonesian anti-monopoly agency fines TikTok for late reporting of Tokopedia deal Read More »
By Eduardo Baptista BEIJING (Reuters) -China’s new visa programme aimed at attracting foreign tech talent kicks off this week, a move seen boosting Beijing’s fortunes in its geopolitical rivalry with Washington as a new U.S. visa policy prompts would-be applicants to scramble for alternatives. While China has no shortage of skilled local engineers, the programme …
Analysis-China’s new K visa beckons foreign tech talent as US hikes H-1B fee Read More »
BEIJING (Reuters) -China’s market regulator on Monday published the country’s first national safety standards for cross-border processing of personal information. The regulation, which takes effect on March 1 2026, sets out principles, core requirements and obligations for protecting personal information rights that relevant parties must follow when processing data across borders. (Reporting by Beijing Newsroom, …
China sets safety standards for cross-border processing of personal information Read More »
BEIJING (Reuters) -Chinese AI developer DeepSeek has released its “experimental” latest model, which it said was more efficient to train and better at processing long sequences of text than previous iterations of its large language models. The Hangzhou-based company called DeepSeek-V3.2-Exp an “intermediate step toward our next-generation architecture” in a post on developer forum Hugging …
China’s DeepSeek releases ‘intermediate’ AI model on route to next generation Read More »
HONG KONG (Reuters) -Chinese electric vehicle maker BYD Co forecast exports will make up about 20% of its global sales this year helped by new model launches, the South China Morning Post reported on Monday. BYD forecasts 800,000 to 1 million deliveries outside mainland China in 2025, compared with projected total sales of 4.6 million …
China’s BYD forecasts exports to top 20% of 2025 sales, SCMP reports Read More »
By Summer Zhen HONG KONG (Reuters) -Global hedge funds recorded their largest weekly selloff in emerging Asia equities in more than five months last week, ahead of a major holiday season, according to a client note from Goldman Sachs seen by Reuters. Market participants attributed the selloff to profit-taking, particularly in technology stocks, as investors …
Hedge funds log biggest weekly selloff in over 5 months in Asia EM stocks, Goldman says Read More »
TOKYO (Reuters) -Japan Iron and Steel Federation Chairman Tadashi Imai said on Monday it was unjust and extremely regrettable that the European Commission concluded that the EU had been injured by imports of certain hot-rolled flat products from Japan. Last week, the Commission decided to impose anti-dumping measures for certain hot-rolled flat products from Japan …
Japan steel group calls EU anti-dumping measures unjust Read More »
TOKYO (Reuters) -Japan’s government said on Monday that the economy was recovering moderately but that impact from U.S. trade policies was particularly evident in the auto industry. Although Tokyo upgraded its views on private expenditure and capital spending, it cautioned about potential downside risks to the economic outlook from Washington’s trade policies. Japan’s economy grew …
Japan says economy recovering but US tariff impact seen in auto sector Read More »
TAIPEI (Reuters) -A senior U.S. Department of Agriculture official is visiting Taiwan this week, the de facto U.S. embassy in Taipei said on Monday, amid ongoing tariff talks with Washington. Taiwan, a major semiconductor producer, runs a large trade surplus with the United States. The island’s exports to the United States are currently subject to …
US agriculture official visits Taiwan amid tariff talks Read More »
