Reuters Asia Business

BEIJING (Reuters) – Chinese Developer Yango Group Co Ltd has reached agreement with investors to delay a 40 million yuan ($6.29 million) onshore coupon payment by six months, a source with knowledge of the matter said on Wednesday. The agreement, first reported by online financial news service Cailianshe, came after bondholders last month rejected Yango’s …

China developer Yango, investors agree to delay onshore coupon payment -source Read More »

(Reuters) – China’s Bilibili Inc said late on Tuesday it would hire 1,000 new content moderators and more closely monitor the health of its workers, after the death of an employee prompted accusations that it was overworking its staff. The Alibaba Group-backed company, one of China’s largest video platforms, came under public scrutiny last week …

China’s Bilibili to hire more staff after employee death stokes overtime debate Read More »

TOKYO (Reuters) – The Japanese government is planning to hold a meeting regarding rising crude oil prices on Thursday, Chief Cabinet Secretary Hirokazu Matsuno said on Wednesday. The ministers are expected to discuss the effectiveness of the government’s measures it has implemented so far and possible further actions to curb soaring prices, Matsuno said. The …

Japanese government to hold meeting on crude oil prices Read More »

By Supantha Mukherjee and Foo Yun Chee STOCKHOLM/BRUSSELS (Reuters) – The European Commission’s plan to make the continent more lucrative for investing in semiconductor factories will likely skew the benefits towards larger countries such as Germany, France and Italy, analysts say. With billions of euros of public and private investment, along with covering up to …

Big European nations likely to gain the most from EU chip push Read More »

By Emma Farge and Philip Blenkinsop GENEVA (Reuters) – A WTO panel on Tuesday upheld many of South Korea’s claims against the United States in a Trump-era dispute involving U.S. safeguard measures on washing machine imports and asked Washington to bring those measures into line with global rules. The case involves tariffs that former U.S. …

WTO panel backs many of S.Korea’s claims in washing machine dispute with U.S Read More »

(Reuters) – Apple Inc is introducing a new feature that will allow businesses to accept credit card and digital payments with just a tap on their iPhones, bypassing hardware systems such as Block Inc’s Square terminals. The feature, to be launched later this year, will use near field communications (NFC) technology for making all kinds …

Apple to turn iPhones into payment terminals in fintech push Read More »