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September 8, 2021 BEIJING (Reuters) – The Chinese tech hub of Hangzhou, home to e-commerce giant Alibaba, topped a Economist Intelligence Unit ranking of Chinese cities with the greatest economic growth potential in the next few years. All the cities in the top 10 are in eastern and southern China, except for the capital Beijing, […]

September 8, 2021 TOKYO (Reuters) – Toshiba Corp said on Wednesday its board has not yet decided on the most appropriate strategic option for the company and is continuing to explore feasible alternatives. The board has determined that its strategic review committee should focus on potential investors’ approach on corporate value including how to resolve […]

September 8, 2021 By Lisa Richwine LOS ANGELES (Reuters) -Jamie Spears, the father of Britney Spears, on Tuesday asked a Los Angeles court to end the pop singer’s 13-year conservatorship, saying circumstances have changed in recent months. In an unexpected development, Jamie Spears, who in 2008 set up the court-sanctioned arrangement that governs the singer’s […]

September 8, 2021 By Tetsushi Kajimoto and Daniel Leussink TOKYO (Reuters) – Japan should strive for a new form of capitalism to reduce income disparity that has worsened under the coronavirus pandemic, says former foreign minister Fumio Kishida who hopes to become leader of the ruling party and next prime minister. Kishida is the only […]

September 8, 2021 ACAPULCO, Mexico (Reuters) -A powerful earthquake struck southwestern Mexico near the beach resort of Acapulco on Tuesday night, causing rock falls and damaging buildings, though there were no immediate reports of casualties. The 7.0 magnitude quake, which struck 11 miles northeast of the resort of Acapulco, Guerrero, shook the hillsides around Acapulco, […]

September 7, 2021 By Rory Carroll LOS ANGELES (Reuters) – Veteran quarterbacks including Tom Brady and Aaron Rodgers will look to maintain their dominance amid an influx of new talent in the sport’s most crucial position when the NFL season kicks off this week. A record eight QBs were taken in the first three rounds […]

September 7, 2021 (Reuters) – Clinton Portis was among three former National Football League players who have pleaded guilty for their roles in a nationwide scheme to defraud a healthcare program for retired NFL players, the U.S. Justice Department said on Tuesday. Portis, a former running back who was drafted by Denver in 2002 and […]

September 7, 2021 LYON, France (Reuters) -Antoine Griezmann played chief tormentor as France sprung back into life to end a five-game winless streak by beating visitors Finland 2-0 in a World Cup Group D qualifier on Tuesday. Griezmann struck in each half after his partnership with Karim Benzema bore fruit in satisfying fashion to put […]

September 8, 2021 By Steve Keating NEW YORK (Reuters) – After the COVID-19 pandemic left the stands empty last year, the U.S. Open has welcomed tennis-starved fans back to Flushing Meadows and Canadian teenager Leylah Fernandez has ridden a wave of support all the way to the semi-finals. Harnessing the energy generated by New York’s […]

September 8, 2021 (Reuters) – The labor union representing American Airlines pilots said it will begin informational picketing in coming weeks at the carrier’s major hubs to protest their work schedule, fatigue, and lack of adequate accommodation over the summer. The Allied Pilots Association will picket at Miami International Airport, Dallas/Fort Worth International Airport, and […]

September 8, 2021 By Richard Cowan WASHINGTON (Reuters) – A U.S. House of Representatives committee this week will attempt to advance sweeping legislation to expand healthcare benefits for the elderly and other social services as part of Democrats’ $3.5 trillion domestic investment plan. The House Ways and Means Committee plans to debate a wide-ranging measure […]

September 8, 2021 By Antoni Slodkowski TOKYO (Reuters) – Former Japanese internal affairs minister Sanae Takaichi is set to announce her bid for ruling party leadership on Wednesday, her office said, which if successful would see her become Japan’s first female prime minister. Takaichi has the backing of former prime minister Shinzo Abe, local media […]

September 8, 2021 ACAPULCO, Mexico (Reuters) -A powerful earthquake struck southwestern Mexico near the beach resort of Acapulco on Tuesday night, causing rock falls and damaging buildings, though there were no immediate reports of casualties. The U.S. Geological Survey (USGS) said a 7.0 magnitude quake struck 11 miles northeast of the resort of Acapulco, Guerrero. […]

September 8, 2021 SYDNEY (Reuters) – New Zealand reported a further fall in locally acquired COVID-19 cases on Wednesday, as the largely coronavirus-free nation looks to eradicate an outbreak of the highly infectious Delta variant. New Zealand reported 15 new locally acquired cases of COVID-19, down from 21 a day earlier, on the first day […]

September 8, 2021 By Kevin Buckland TOKYO (Reuters) – The dollar hovered near a one-week peak on Wednesday against major peers, buoyed by higher Treasury yields and a weaker euro amid caution before a European Central Bank policy decision. The dollar index, which measures the currency against six rivals, was little changed at 92.553, just […]

September 8, 2021 By Joori Roh (Reuters) – The coronavirus pandemic has sparked huge interest in shared virtual environments, or the “metaverse”. Here’s how it works: WHAT IS THE METAVERSE? Metaverse, a term first coined in science fiction, is a combination of the prefix “meta”, meaning beyond, and “universe”. It refers to shared virtual worlds […]

September 8, 2021 By Joori Roh SEOUL (Reuters) – South Korean engineer Shaun has big plans to develop the parcels of land he has snapped up for millions of won (thousands of dollars) in recent years into long-term moneyspinners. “I’m planning to design my building which is suitable to host K-pop live performances and K-drama […]

September 8, 2021 HONG KONG (Reuters) – Hong Kong police on Wednesday arrested the vice-chairwoman of a pro-democracy group that organises the annual June 4 rally to commemorate those who died in the bloody 1989 Tiananmen Square crackdown, in the latest blow to the opposition movement. Activist and barrister Chow Hang Tung of the Hong […]

Cao Cao Mobility, the ride-hailing unit of Chinese automaker Geely Automobile Holdings, has announced a $589 million (RMB 3.8 billion) Series B raise that the company says will help it upgrade its technology and expand its fleet, according to a statement released by the company (in Chinese). The raise, which Cao Cao announced on Monday, […]

Intudo Ventures, the “Indonesia-only” investment firm, announced today it has closed its third fund, totaling $115 million. Called Intudo Ventures Fund III, it was raised in less than three months and oversubscribed. Fund III’s limited partners include Black Kite Investments, the family office of Singaporean businessman Koh Bon Hwee; Wasson Enterprises, the family office of […]