Reuters Asia Business

SINGAPORE –  Economists have upgraded their expectations for Singapore’s growth in 2024, according to a survey by the country’s central bank published on Wednesday, with better-than-expected external growth seen as the top upside driver for the economy. The median forecast of 21 economists surveyed by the Monetary Authority of Singapore (MAS) is for the economy …

Economists upgrade Singapore 2024 growth forecast, central bank survey shows Read More »

By Joe Cash BEIJING (Reuters) -European firms in China doubt the government has a credible plan to boost demand in the ailing economy or will carry out long-promised reforms, diminishing their appetite to invest in the country, a European business lobby group said on Wednesday. The European Union Chamber of Commerce in China said in …

European firms doubt China’s appetite to fix economy, lobby group says Read More »

By Tim Hepher and David Shepardson WASHINGTON (Reuters) – The head of aerospace and defense giant RTX sounded the alarm on global supply chains in the wake of the COVID-19 pandemic and warned that finding qualified labor for in-demand jet industry production lines remains a “huge” challenge. “The supply chain has not recovered,” Executive Chairman …

RTX sees labor challenges, exploring alternatives to China suppliers Read More »

By Abigail Summerville NEW YORK (Reuters) -U.S. antitrust regulators have told Seven & i it may probe a potential deal with Canada’s Alimentation Couche-Tard, two sources familiar with the matter said, in an early sign that a merger could face regulatory scrutiny. The Federal Trade Commission sent Seven & i a notice of its intent …

FTC may probe potential Seven & i, Couche-Tard deal, sources say Read More »

By Toby Sterling AMSTERDAM (Reuters) -The Dutch government on Tuesday clarified that ASML needs a licence to provide spare parts and software updates for computer chipmaking equipment it has previously sold to Chinese customers that now falls under export restrictions. That includes the two additional tools that the Dutch government added to its national control …

ASML needs licence to service some equipment in China, Dutch government says Read More »

(Reuters) – Apple unveiled a raft of AI-powered features for its latest iPhone 16 lineup at an event on Monday, as global smartphone makers turn to generative AI to encourage customers to upgrade. Here are the key AI features from Apple and rival Android phone providers such as Alphabet’s Google, South Korea’s Samsung, as well …

Factbox-How AI features of iPhone and rival smartphones stack up Read More »

By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies on Tuesday unveiled a $2,800 tri-foldable phone as it seeks to extend its lead in the world’s biggest smartphone market and steal the spotlight from Apple hours after it debuted a new iPhone. The Chinese tech giant showed off its new Mate XT, which users …

Huawei seeks to steal spotlight from Apple with launch of $2,800 tri-fold smartphone Read More »