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South Korean team develops ‘Iron Man’ robot that helps paraplegics walk

By Sebin Choi DAEJEON, South Korea (Reuters) – South Korean researchers have developed a lightweight wearable robot that can walk up to paraplegic users and lock itself onto them, enabling them to walk, manoeuvre obstacles and climb staircases. The Exoskeleton Laboratory team at the Korea Advanced Institute of Science and Technology (KAIST) said their goal …

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Former Nissan CEO Ghosn casts doubt on success of Nissan, Honda alliance

TOKYO (Reuters) – Former Nissan chief executive Carlos Ghosn cast doubt on the success of a potential merger between Honda and Nissan, saying the latter’s plans “do not make sense” at a press conference on Monday. Honda and Nissan are expected to announce the start of business integration talks, two people familiar with the matter …

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Trump says it could be worth keeping TikTok in US for a little while

By Gram Slattery (Reuters) – President-elect Donald Trump indicated on Sunday that he favored allowing TikTok to keep operating in the United States for at least a little while, saying he had received billions of views on the social media platform during his presidential campaign. Trump’s comments before a crowd of conservative supporters in Phoenix, …

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South Korea finance minister sees political turmoil weighing on economic growth

SEOUL (Reuters) – South Korea’s finance minister said on Monday some slowdown in economic growth would be unavoidable as the government prepares to revise forecasts for this year and next year due to the country’s ongoing political turmoil. “There are concerns that the sentiment may be weakening due to the recent political situation,” Choi Sang-mok …

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Singapore Nov core inflation at 1.9% y/y, lowest in almost 3 years

By Bing Hong Lok SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 1.9% in November on a yearly basis, lower than economists’ forecasts and the smallest rise in nearly three years, official data showed on Monday. The core inflation rate – which excludes private road transport and accommodation costs – was lower than the …

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Indonesia says Chinese companies commit $7.46 billion in new investment

JAKARTA (Reuters) – Indonesia’s investment ministry said several Chinese companies have expressed commitments to invest a total of $7.46 billion in new projects including factories producing silicon products and fiberglass. The ministry issued the statement late on Sunday, after Investment Minister Rosan Roeslani’s visit to the Chinese cities of Hangzhou, Quzhou and Beijing between Dec. …

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Consortium including World Bank’s IFC to lend $900 million for Yondr’s Malaysian data centre

(Reuters) – A consortium of seven financial institutions, including the World Bank’s private investment arm International Finance Corporation, will lend more than $900 million to Yondr Group to develop its hyper-scale data-centre campus in Malaysia, the IFC said on Monday. The financing comes at a time when investors are eagerly lining up globally to get …

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Japan’s antitrust watchdog to find Google violated law in search case, Nikkei reports

(Reuters) -Japan’s competition watchdog is expected to find Google guilty of violating the country’s antitrust law, Nikkei Asia reported on Sunday, citing sources. The Japan Fair Trade Commission(JFTC) will soon issue a cease and desist order asking Google to halt its monopolistic practices, the report added. Google did not immediately respond to request for comment …

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China’s Nio says new Firefly EV to go on sale in Europe in H1 2025

BEIJING (Reuters) -China’s Nio on Sunday said it would launch its new Firefly electric vehicle brand in Europe early in the first half of 2025, betting that it would help the company overcome European Union tariffs. William Li, Nio’s CEO, told reporters in Guangzhou that the company will work with local partners on the sale …

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