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U.S. accuses Chinese company of helping ZTE hide business with Iran

By Karen Freifeld WASHINGTON (Reuters) -The U.S. Commerce Department on Tuesday accused Far East Cable, China’s largest wire and cable manufacturer, of violating U.S. export controls related to shipments of telecommunications equipment to Iran. Far East Cable entered into an agreement in 2013 to buy equipment from Chinese telecommunications equipment maker ZTE Corp. and then …

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China watchdog investigates three more execs linked to chip-focused Big Fund

SHANGHAI (Reuters) – China’s corruption watchdog said on Tuesday regulators were investigating three former and current executives linked to a firm that manages the country’s largest state-backed chip investment fund, widening a probe that has rattled the sector. Du Yang, a former director of investment firm Sino IC Capital and Yang Zhengfan, a current deputy …

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Toyota suspends some Japan factory production due to COVID outbreak

TOKYO (Reuters) – Toyota Motor Corp said it would suspend the night shift operation on Tuesday at one production line at its factory in central Japan due to an outbreak of COVID-19, after it suspended operations there also on Monday night. The suspension comes as the Japanese automaker seeks to boost its production in earnest …

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Japan PM says new cabinet members must ‘review’ ties with Unification Church

By Kiyoshi Takenaka and Elaine Lies TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida will reshuffle his cabinet on Wednesday paying attention to politicians’ ties with the Unification Church, seeking to distance his administration from the controversial group and reverse a slump in opinion polls. The reshuffle comes as Kishida’s administration faces tumbling support rates. Public …

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China races to contain COVID outbreaks in tourism hubs Tibet, Hainan

SHANGHAI/BEIJING (Reuters) -China raced on Tuesday to stamp out COVID-19 outbreaks in the tourist hubs of Tibet and Hainan, with the authorities launching more rounds of mass testing and closing venues to contain the highly transmissible Omicron variant. Mainland China reported 828 new domestically transmitted cases across more than a dozen provinces and regions for …

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Issey Miyake, Japan’s prince of pleats, dies of cancer aged 84 – media

By Elaine Lies TOKYO (Reuters) -Japanese designer Issey Miyake, famed for his pleated style of clothing that never wrinkles and who produced the signature black turtleneck of friend and Apple Inc founder Steve Jobs, has died, media said on Tuesday. He was 84. Miyake, whose name became a byword for Japan’s economic and fashion prowess …

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Indonesia defence minister Prabowo signals another run for presidency

JAKARTA (Reuters) – Indonesian Defence Minster Prabowo Subianto has registered his political party for the 2024 national election, signalling what analysts say is a likely third presidential bid for one of the country’s most controversial politicians. Prabowo lost to incumbent Joko “Jokowi” Widodo in 2014 and 2019 elections, but with Jokowi limited to two terms …

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