News

September 28, 2021 By Rocky Swift and Ju-min Park TOKYO (Reuters) -Japan has protested a South Korean court order that assets seized from Mitsubishi Heavy Industries be sold off to pay compensation to two women subjected to forced labour for the company during Japan’s occupation of the Korean peninsula. A support group for the South […]

September 28, 2021 (Reuters) – Lee Westwood said he would restore the number of captain’s picks to four and make other changes to the selection process if chosen to lead Europe’s Ryder Cup team in 2023. Europe were thrashed 19-9 by the United States at Whistling Straits in Wisconsin as the Americans reclaimed the trophy […]

September 28, 2021 By Sonali Paul MELBOURNE (Reuters) – A fire that damaged two Tesla Inc battery units at a huge energy storage project in Australia in July was caused by a coolant leak that went undetected during start-up tests, a state watchdog said in a report released on Tuesday. Safety regulators on Tuesday cleared […]

September 28, 2021 TOKYO (Reuters) – Japan’s Nintendo Co Ltd said on Tuesday that a “Donkey Kong” themed expansion to its “Super Nintendo World” land in the Universal Studios Japan theme park in Osaka will open in 2024. (Reporting by Sam Nussey; Editing by Kim Coghill) Source Link Nintendo says ‘Donkey Kong’ area to open […]

Amazon said on Tuesday it is extending its computer science program Future Engineer to India. Through the program, for which Amazon partners with players such as Code.org, Amazon aims to bring CS education to underserved and underrepresented children and young adults. In India, the company said it expects the program, which will be available in […]

September 28, 2021 By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Finance Minister Taro Aso called on Tuesday for a combination of monetary and fiscal policies to help boost inflation towards the Bank of Japan’s 2% inflation target, saying easy money policy has its limit. “We must utilise both monetary and fiscal policies” to bring inflation […]

Capital Float, an Amazon-backed startup that offers its buy now, pay later service on many popular online platforms in India including that of the e-commerce firm, said on Tuesday it has raised $50 million in a new financing round following a strong growth in recent quarters. Lightrock India led the Bangalore-based startup’s Series D financing […]

For many financial institutions in Southeast Asia, verifying new customers takes a week or two, said the founders of Verihubs. The startup cuts that time down to as little as five seconds, using AI-based identity authentication technology and APIs that let companies continue verifying returning customers through SMS, WhatsApp or flash calls. Verihubs announced it […]

September 28, 2021 (Reuters) – Argentina coach Lionel Scaloni has called up three Premier League players for next month’s World Cup qualifiers despite the South American country remaining on Britain’s COVID-19 travel ‘red list’. Tottenham Hotspur’s Giovani Lo Celso and Cristian Romero along with Aston Villa goalkeeper Emiliano Martinez have been named in the 30-man […]

September 28, 2021 BANGKOK (Reuters) – Thailand’s economy is forecast to grow 1% this year, down from the 2.2% projected in July, hit by a spike in COVID-19 cases and a delayed reopening to visitors, the World Bank said on Tuesday, as the country fights its biggest virus outbreak to date. Southeast Asia’s second-biggest economy […]

September 28, 2021 SHANGHAI (Reuters) – Chinese automaker Zhejiang Geely Holding said on Tuesday its founder Eric Li has launched a new company dedicated to making smartphones. The company, called Hubei Xingji Technology Co Ltd, has signed a strategic cooperation agreement with the Wuhan Economic and Technological Development Zone to establish its headquarters in the […]

September 28, 2021 SHANGHAI (Reuters) – China’s Alibaba Group Holding Ltd has begun offering payment services from Tencent Holdings Ltd’s WeChat on a number of its apps, after the government ordered major tech firms to stop blocking each other’s services and links. Local tech blog 36Kr reported on Tuesday that users of Alibaba’s food delivery […]

Unless you’ve been in a cave over the last week, you’ve likely read a review or some discussion about “The Contrarian,” a new book about billionaire investor Peter Thiel by longtime Businessweek Bloomberg columnist Max Chafkin. It isn’t surprising. Thiel has become an important figure in America over the last 15 years, and Chafkin is […]

September 28, 2021 By Steve Gorman LOS ANGELES (Reuters) – California on Monday became the eighth, and by far the largest, U.S. state to make universal distribution of vote-by-mail ballots permanent, a practice that became more widespread during the COVID-19-plagued 2020 election cycle. The measure requiring mail-in ballots to be routinely sent to every active […]

September 28, 2021 By Sofia Menchu and Enrique Garcia GUATEMALA CITY (Reuters) – Guatemalan authorities will begin efforts on Tuesday to recover the bodies of dozens of Indigenous children believed to have been buried clandestinely at a former military garrison in the 1980s during the country’s civil war. Excavations at the site will be led […]

September 28, 2021 By Kantaro Komiya TOKYO (Reuters) -Japan will lift a coronavirus state of emergency in all regions on Thursday as the number of new cases falls and the strain on the medical system eases, Economy Minister Yasutoshi Nishimura said. The plan, approved by a government advisory panel, takes Japan as a whole out […]

September 28, 2021 By Wayne Cole SYDNEY (Reuters) – Australian retail sales dived for a third straight month in August as half the population were trapped in coronavirus lockdowns, though reopening is in sight as vaccinations race toward world-beating levels. Figures from the Australian Bureau of Statistics on Tuesday showed retail sales fell 1.7% in […]

September 28, 2021 By Joori Roh SEOUL (Reuters) – South Korea’s central bank said on Tuesday it would raise its focus on environmental, social and governance (ESG) issues in managing its foreign currency assets and prepare guidelines to be applied to these assets going forward. To respond to growing demand for socially responsible investing, the […]

September 28, 2021 SHANGHAI (Reuters) – Shares in Hainan Airlines, the flagship carrier of embattled Chinese conglomerate HNA Group, rose as much as 5% on Monday, its maximum level allowed for the day, after it gave an update on its restructuring plans. Sources told Reuters on Monday that China’s HNA Group will receive strategic investment […]

September 28, 2021 By Renju Jose SYDNEY (Reuters) -Sydney residents who are not vaccinated against COVID-19 risk being barred from various social activities even when they are freed from stay-at-home orders in December, New South Wales state Premier Gladys Berejkilian warned on Tuesday. Under a roadmap to exit lockdown in Australia’s biggest city, unvaccinated people […]