Reuters Asia Business

SEOUL (Reuters) – South Korea’s data protection authority said on Thursday that Chinese artificial intelligence startup DeepSeek transferred user information and prompts without permission when the service was still available for download in the country’s app market.  DeepSeek did not immediately respond to a request for comment.  The Personal Information Protection Commission said in a …

South Korea says DeepSeek transferred user data, prompts without consent Read More »

By AJ Vicens, Anton Zverev and James Pearson DETROIT/LONDON (Reuters) – North Korean cyber spies created two businesses in the U.S., in violation of Treasury sanctions, to infect developers working in the cryptocurrency industry with malicious software, according to cybersecurity researchers and documents reviewed by Reuters. The companies, Blocknovas LLC and Softglide LLC were set …

North Korean cyber spies created U.S. firms to dupe crypto developers Read More »

By Emma Farge GENEVA (Reuters) -A World Trade Organization panel rejected on Thursday the European Union’s claims that China had violated the global watchdog’s rules on intellectual property. The WTO panel concluded that the EU had not demonstrated inconsistencies with WTO rules. However, it did say that China had failed to comply with all WTO …

WTO rejects EU claims in intellectual property dispute with China Read More »

By Leika Kihara WASHINGTON (Reuters) -China needs to do more to address its property-sector problems and has scope to provide more stimulus to boost consumption, Krishna Srinivasan, director of the International Monetary Fund’s Asia and Pacific Department, said on Thursday. Srinivasan welcomed measures taken by Beijing so far to fix its property sector as “steps …

China has scope to ramp up stimulus, fix property woes, IMF says Read More »

TOKYO (Reuters) -Nissan Motor sees a record net loss of 700 billion yen to 750 billion yen ($4.91 billion-$5.26 billion) for the financial year that ended in March, it said on Thursday, due to impairment charges as the struggling automaker restructures. That compares with a previous forecast for a loss of 80 billion yen. It …

Nissan sees record loss of up to $5.26 billion as restructuring bites Read More »

TOKYO (Reuters) -Nissan Motor sees a record net loss of 700 billion yen to 750 billion yen ($4.91 billion-$5.26 billion) for the financial year that ended in March, it said on Thursday, due to impairment charges as the struggling automaker restructures. That compares with a previous forecast for a loss of 80 billion yen. It …

Nissan sees record loss of up to $5.26 billion as restructuring bites Read More »

By Neha Arora MUMBAI (Reuters) -Indian miner NMDC is exploring coking coal assets, key ingredient used for making iron ore and steel, in Indonesia and Australia, Chairman Amitava Mukherjee said on Thursday. India, the world’s second-largest producer of crude steel, meets 85% of its coking coal requirements through imports. Australia accounts for more than half …

India’s NMDC exploring coking coal assets in Indonesia, Australia, chairman says Read More »