By David Kirton and Josh Arslan GUANGZHOU (Reuters) -Car enthusiasts browsing Japanese brands at one of China’s biggest annual auto shows shrugged off diplomatic tensions between the two countries on Saturday, saying quality and value for money still trump politics when choosing a vehicle. “Economics is economics, politics is politics, and the two shouldn’t be …
Chinese buyers downplay Japan tensions at auto show Read More »
TOKYO (Reuters) -Japan can actively intervene in the currency market to mitigate the negative economic impact of a weak yen, Takuji Aida, a private-sector member of a key government panel, said in a television programme on public broadcaster NHK on Sunday. “Japan has excessive foreign reserves, so it can become active in tapping them to …
Japan can actively intervene to prop up yen, says govt panel member Aida Read More »
By Sudarshan Varadhan BELEM, Brazil (Reuters) -Pakistan’s rooftop solar generation will for the first time exceed power demand on the country’s electrical grid during daytime hours in some major industrial regions next year, a senior government official told Reuters. The outlook reflects a record boom in the country’s solar panel installations in recent years that …
Pakistan says rooftop solar output to exceed grid demand in some hubs next year Read More »
HONG KONG (Reuters) -Chinese Premier Li Qiang welcomed increased participation from Italian companies in the Chinese market and expressed hope for a fair and non-discriminatory environment for Chinese investors in Italy, the state-run Xinhua news agency said on Sunday. Li’s comments follow his meeting with Italian President Giorgia Meloni on the sidelines of the Group …
China’s Li urges fair investor treatment in Italy Read More »
(Reuters) -China will expand imports of high-quality agricultural products from Tajikistan and encourage Chinese companies to invest in the landlocked country, China’s Foreign Minister Wang Yi said during a visit to the capital, Dushanbe. Wang told his Tajik counterpart, Sirojiddin Muhriddin, that China would remain a “trustworthy and reliable partner” for Tajikistan, according to a …
China to boost trade, investment with Tajikistan, Wang says Read More »
AMSTERDAM (Reuters) -Chinese semiconductor company Wingtech has appealed to the Dutch government to rescind its decision to take control of its Netherlands-based computer chip subsidiary Nexperia, documents seen by Reuters show. Wingtech first challenged the decision on October 21 and broadened its complaints on November 10, the documents showed. In the appeal, lawyers for Wingtech …
Wingtech appeals Dutch decision over Nexperia ownership, documents show Read More »
By Alexandra Alper (Reuters) -The Trump administration is considering greenlighting sales of Nvidia’s H200 artificial intelligence chips to China, people familiar with the matter said, as a bilateral detente boosts prospects for exports of advanced U.S. technology to China. The Commerce Department, which oversees U.S. export controls, is reviewing a change to its policy of barring sales …
US mulls letting Nvidia sell H200 chips to China, sources say Read More »
By Leika Kihara TOKYO (Reuters) -The Bank of Japan is “nearing” a decision to raise interest rates and will not wait until after next year’s spring wage negotiations end, its board member Kazuyuki Masu was quoted in the Nikkei newspaper as saying. The remark follows those by Governor Kazuo Ueda on Friday signalling the chance …
BOJ close to raising rates, board member Masu says -Nikkei Read More »
(Reuters) -Ubisoft said on Friday it has completed Tencent’s investment in Vantage Studios, a new unit built around its Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six franchises. The deal values Vantage at a pre-money enterprise value of 3.8 billion euros ($4.37 billion) and includes a 1.16 billion euro cash injection from Tencent for …
Ubisoft, Tencent agree 4 billion euro Vantage Studios tie-up Read More »
By Karl Plume CHICAGO (Reuters) -The largest U.S. soybean sales to China in more than two years this week could be just the beginning of an accelerated buying program by Beijing after the world’s top importer shunned U.S. supplies for months due to a trade war with Washington. Even if purchases fall short of the …
