Reuters Asia Business

By Leika Kihara TOKYO (Reuters) -Bank of Japan board members discussed how to use estimates on the economy’s neutral interest rate to determine further hikes in borrowing costs, with one saying the BOJ’s policy rate was still far from that level, minutes of their December meeting showed. Another member questioned whether it was appropriate to …

BOJ board signalled intent to keep hiking rates, December meeting minutes show Read More »

ROME (Reuters) -Italy’s data protection authority said on Tuesday it was seeking answers from Chinese artificial intelligence (AI) model DeepSeek on its use of personal data. The Italian regulator, which is also known as the Garante, said it wanted to know what personal data is collected, from which sources, for what purposes, on what legal …

Italy regulator seeks information from DeepSeek on data protection Read More »

By Stephen Nellis (Reuters) – Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has raised $425 million in venture funding from a group of investors including SoftBank Group’s Vision Fund 2. The Everett, Washington-based Helion said the funding will help it speed up the development of its next generation …

Helion raises $425 million from SoftBank’s venture arm, hits $5.4 billion valuation Read More »

By Sinéad Carew, Medha Singh, Amanda Cooper NEW YORK/BENGALURU/LONDON (Reuters) -Technology shares on Tuesday regained some ground lost and AI chip leader Nvidia rose more than 6% after the previous day’s record-breaking wipeout sparked by a low-cost Chinese artificial intelligence model that threatens the dominance of U.S. rivals. On Monday, Nvidia lost about 17% or …

US tech shares recover some losses from steep DeepSeek selloff Read More »

By Eduardo Baptista BEIJING (Reuters) -Chinese startup DeepSeek’s launch of its latest AI models, which it says are on a par or better than industry-leading models in the United States at a fraction of the cost, is threatening to upset the technology world order. The company has attracted attention in global AI circles after writing …

Explainer-What is DeepSeek and why is it disrupting the AI sector? Read More »

By Marc Jones LONDON (Reuters) – Donald Trump’s rapid move to ban a “digital dollar” has left the field wide open, observers say, for China and Europe to make their already-advanced central bank digital currency (CBDC) prototypes into global standard-setters. While the United States has long seemed reluctant to turn the world’s number one reserve …

Analysis-Trump’s digital dollar ban gives China and Europe’s CBDCs free rein Read More »

By Klaus Lauer BERLIN (Reuters) – Volkswagen’s CEO has spoken to the carmaker’s Chinese joint venture partners about their interest in investing in Europe but was not aware of any concrete decisions on their part, a VW spokesperson said on Tuesday. The spokesperson declined to comment on whether any discussions have taken place with joint …

VW CEO says talking to Chinese partners about their Europe expansion plans Read More »