asia

Samsung leader Lee excused from trial hearing as Biden to tour S.Korea chip plant

Samsung Electronics Vice Chairman, Jay Y. Lee, leaves the Seoul high court in Seoul, South Korea, October 25, 2019. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register SEOUL, May 20 (Reuters) – Samsung Electronics Vice Chairman Jay Y. Lee has been excused from attending an accounting fraud trial hearing on Friday, a …

Samsung leader Lee excused from trial hearing as Biden to tour S.Korea chip plant Read More »

EXCLUSIVE TikTok plans big push into gaming, conducting tests in Vietnam -sources

TikTok app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG/HANOI, May 19 (Reuters) – TikTok has been conducting tests so users can play games on its video-sharing app in Vietnam, part of plans for a major push …

EXCLUSIVE TikTok plans big push into gaming, conducting tests in Vietnam -sources Read More »

Uber launches robot food delivery in California

An Uber Eats delivery bag is seen on a bicycle in Brooklyn, New York City, US, May 9, 2022. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register May 16 (Reuters) – Uber Technologies Inc (UBER.N) on Monday said it launched pilot food delivery services with autonomous vehicles in two California cities, …

Uber launches robot food delivery in California Read More »

LIC shares sink in debut after disappointing, albeit record India IPO

Latest weak share performance from a newly listed Indian firm Company valued at $ 72 billion, a third of initial govt hopes LIC is now India’s fifth biggest company MUMBAI, May 17 (Reuters) – Shares in Life Insurance Corp of India (LIC) (LIFI.NS) slid 6% in their market debut on Tuesday, a fresh setback for …

LIC shares sink in debut after disappointing, albeit record India IPO Read More »

Sri Lanka down to last day of petrol, Prime Minister tells crisis-hit nation

Ranil Wickremesinghe, appointed prime minister on Thursday, said in an address to the nation the country urgently needed $ 75 million in foreign exchange to pay for essential imports. “At the moment, we only have petrol stocks for a single day. The next couple of months will be the most difficult ones of our lives,” …

Sri Lanka down to last day of petrol, Prime Minister tells crisis-hit nation Read More »

Shanghai aims for June 1 return to normal as COVID lockdown batters economy

Shanghai aims to lift COVID lockdown on June 1 City’s residents frustrated with shifting schedules China’s retail sales, industrial output plunge in April SHANGHAI / BEIJING, May 16 (Reuters) – Shanghai set out plans on Monday for the end of a painful COVID-19 lockdown that has lasted more than six weeks, heavily bruising China’s economy, …

Shanghai aims for June 1 return to normal as COVID lockdown batters economy Read More »

IMF lifts weighting of dollar, Chinese yuan in SDR basket

Chinese Yuan and US dollar banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register BEIJING, May 15 (Reuters) – The International Monetary Fund said on Saturday it has increased the weighting of the dollar and Chinese yuan in its review of the …

IMF lifts weighting of dollar, Chinese yuan in SDR basket Read More »

Nomura offers its first bitcoin derivatives, just as crypto markets tumble

Nomura Securities trading floor is pictured at the company’s Otemachi Head Office in Tokyo, Japan, November 18, 2016. REUTERS / Toru Hanai Register now for FREE unlimited access to Reuters.com Register HONG KONG, May 13 (Reuters) – Nomura (8604.T) has started offering bitcoin over-the-counter derivatives to clients, it said Friday, the latest move by a …

Nomura offers its first bitcoin derivatives, just as crypto markets tumble Read More »

Tesla exports first cars from Shanghai since reopening plant -media

A Tesla sign is seen at its factory in Shanghai, China, May 13, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register SHANGHAI, May 11 (Reuters) – Tesla Inc (TSLA.O) on Wednesday made its first exports from China since reopening its Shanghai factory on April 19, as a shipment of 4,767 cars …

Tesla exports first cars from Shanghai since reopening plant -media Read More »

India’s markets regulator probes Axis Asset Management | Business and Economy News

Axis AMC, which is India’s seventh largest asset manager, is being probed for alleged front-running by two officials. Town Suvashree Ghosh spirit Nupur Acharya and Ashutosh JoshiBloomberg Published On 10 May 202210 May 2022 The Indian partner of global money manager Schroders Plc is under investigation by the country’s capital markets regulator for alleged front-running …

India’s markets regulator probes Axis Asset Management | Business and Economy News Read More »