By Greg Torode HONG KONG (Reuters) – With sleek looks mirroring the U.S. UH-60 Black Hawk, the Chinese military’s advanced Z-20 helicopter packs a punch but may make its biggest impact at sea, analysts said as it was displayed at China’s biggest air show in Zhuhai on Tuesday. The Z-20’s potential at sea to plug …
China military displays upgraded Z-20 helicopter at Zhuhai air show Read More »
BANGKOK (Reuters) – Thailand’s cabinet approved soft loans worth 55 billion baht ($1.58 billion) to boost the property sector, a deputy finance minister said on Tuesday. The loans are for buying, decorating, repairing and building houses, Paopoom Rojanasakul said. ($1 = 34.7100 baht) (Reporting by Chayut Setboonsarng; Editing by Martin Petty)
By Kane Wu TOKYO (Reuters) – Carlyle, Warburg Pincus and a host of global investment firms plan to beef up headcount in Japan as deals here surge, but the country’s relatively low number of buyouts for much of the past two decades has made it tough to find people with expertise. Carlyle, which has been …
Carlyle, Warburg among investment firms hunting talent in Japan as deals boom Read More »
JAKARTA (Reuters) – Indonesia plans to offer to international investors opportunities to build 75 gigawatts (GW) of renewable power in the country in the next 15 years, its climate envoy said on the sidelines of the COP29 summit. The plan is a commitment by Prabowo Subianto, who took office last month as the president of …
Indonesia to build 75 GW of renewable energy in the next 15 years, COP29 envoy says Read More »
SHANGHAI (Reuters) – Global investment banks are rushing to trim their forecasts for the Chinese yuan amid the looming threat of rising trade tensions following Donald Trump’s win in the U.S. presidential election. As part of his pitch to boost American manufacturing during the election campaign, Trump said he will impose tariffs of 60% or …
By Makiko Yamazaki and John Geddie TOKYO (Reuters) – Yuichiro Tamaki, the leader of a small opposition party now able to wield outsized political influence, had long puzzled over how best to revive a moribund deflation-entrapped Japanese economy. A former finance ministry bureaucrat, his early career was steeped in fiscal conservatism but even so, he …
Japan’s political lynchpin Tamaki aims to unleash Yellen-inspired economic boom Read More »
By Liam Mo and Brenda Goh BEIJING (Reuters) – China’s Baidu Inc unveiled a slew of new applications for its artificial intelligence technology on Tuesday, including a text-to-image generator and a tool that enables users to develop software applications without coding expertise. The country’s leading search engine company is among tech firms shifting their focus …
Baidu bolsters AI lineup with text-to-image generator, no-code app builder Read More »
ZHUHAI, China (Reuters) – Chinese planemaker COMAC has rebranded its ARJ21 regional jet as the C909, aligning the plane with the state-owned firm’s naming convention for its other models as it seeks to present itself as an alternative to dominant Western planemakers. The rebrand, which was unveiled at China’s biggest air show in Zhuhai on …
‘Old friend, new look’: China’s COMAC rebrands regional jet to C909 in marketing push Read More »
TOKYO (Reuters) – Japan’s government is not planning any tax hike to finance its 10 trillion yen ($65 billion) plan to support domestic semiconductor and artificial intelligence projects, industry minister Yoji Muto said on Tuesday. Muto’s remarks came a day after Prime Minister Shigeru Ishiba unveiled the aid to boost the country’s technology sector but …
Japan won’t raise taxes to fund $65 billion chips aid, industry minister says Read More »
(This Nov. 8 story has been refiled to drop the repetition of Xi’s title and to correct the spelling of his given name, in paragraph 6) By Marco Aquino LIMA (Reuters) – Peru and China will sign an updated free-trade agreement during President Xi Jinping’s upcoming visit to the Andean nation that would boost commerce …
Peru and China to sign strengthened free-trade agreement in Xi’s APEC visit Read More »
