Reuters Asia Business

(Reuters) -Chinese autonomous driving solutions maker QCraft said on Monday that it will open its European headquarters in Germany and is partnering with U.S. chip company Qualcomm. “These milestones mark QCraft’s official entry into the EU and global markets,” the company said in a statement. The announcement, made at the IAA Mobility 2025, comes after …

Autonomous Driving Player QCraft to open European Headquarters in Germany Read More »

By Nick Carey, Christoph Steitz and Christina Amann MUNICH (Reuters) -Major automakers will showcase their latest models at Munich’s car show on Monday as Europe’s automotive sector faces crises ranging from U.S. tariff hikes to costly electrification and the expansion of Chinese automakers on their home turf. Aside from a product blitz to counter Chinese …

European automakers confront tariffs, Chinese rivalry at Munich car show Read More »

By Clare Jim HONG KONG (Reuters) -Chinese commercial property developers are seeking to lure tenants with value-added services such as subsidies for charging electric vehicles in addition to lower rents, as they battle record-high vacancy rates across the country. Empty offices are increasingly common even in top cities such as the southern tech hub of …

China office developers offer sweeteners, lower rents to lure tenants Read More »

SEOUL (Reuters) -Hyundai Motor has advised staff who were about to go on business trips next week to the U.S. to delay them unless considered indispensable, a South Korean newspaper reported on Monday. The reports comes after hundreds of South Korean workers were detained at a raid at a Hyundai Motor manufacturing facility in the …

Hyundai Motor advises employees to delay US business trips, newspaper says Read More »

WASHINGTON (Reuters) -President Donald Trump said on Sunday that foreign companies need to hire and train American workers and respect immigration laws, following a raid at a Hyundai Motor manufacturing facility in the U.S. state of Georgia last week. South Korea is moving to pick up some 300 South Koreans who were detained after the …

Trump says foreign companies need to train Americans after Hyundai raid Read More »

MUNICH (Reuters) -Chinese battery maker CATL’s new plant in Hungary is expected to start production by early next year, its general manager for Europe said on Sunday, as the company looks to the region for growth. CATL invested 7.3 billion euros ($8.55 billion) in the plant in the eastern city of Debrecen, seeking to expand …

Chinese battery maker CATL expects Hungarian production to start by early 2026 Read More »