News

European VC Eight Roads is launching its fourth fund of $450 million for European and Israeli tech companies , aiming for another 15-20 across a broad range of consumer, software-as-a-service, fintech and healthtech areas. Cheque sizes wil range from around $5 million to $50 million per company, and as such, it tends to play more […]

October 5, 2021 TOKYO (Reuters) – Japan’s government will take all necessary measures to support the economy, which has been hit hard by the coronavirus pandemic, new economy minister Daishiro Yamagiwa said on Tuesday. Yamagiwa, who is one of 13 fresh faces in the cabinet of new Prime Minister Fumio Kishida, told reporters at his […]

October 5, 2021 LONDON (Reuters) – British new car registrations fell last month by 35% year on year to 214,000 units, according to preliminary industry data on Tuesday that marked the weakest September for at least 23 years. The Society of Motor Manufacturers and Traders said the auto industry continued to be plagued by a […]

October 5, 2021 By Tushar Goenka BENGALURU (Reuters) – India’s economic recovery from pandemic-related shutdowns is at risk of a further delay in the six months that are left of this fiscal year, according to economists in a Reuters poll, who expect elevated inflation to hold or accelerate, not fall. Price pressures in the world’s […]

October 5, 2021 By Clare Jim HONG KONG (Reuters) – As investors were abuzz on Tuesday with cash-strapped China Evergrande Group’s possible sale of a stake in a unit to raise as much as $5 billion, more Chinese property developers grappled with ratings downgrades on worries about their ability to repay debt. Evergrande is facing […]

October 5, 2021 By Matt Spetalnick and Steve Holland WASHINGTON (Reuters) – Top U.S. officials will tell their Israeli counterparts on Tuesday that the Biden administration remains committed to diplomacy with Iran, but if necessary would be prepared to pursue “other avenues” to ensure Tehran does not acquire a nuclear weapon, a senior U.S. official […]

October 5, 2021 WASHINGTON (Reuters) – A U.S. delegation led by White House national security adviser Jake Sullivan brought up the death of journalist Jamal Khashoggi in talks with leading Saudi Arabian officials last week, a senior U.S. official said on Monday. Sullivan, Middle East envoy Brett McGurk and other U.S. officials met in Riyadh […]

October 5, 2021 TAIPEI (Reuters) – A group of French senators including a former defence minister will visit Taiwan this week, the island’s Foreign Ministry said on Tuesday, with the visit coming at a time of soaring tensions between Taipei and Beijing and despite China’s opposition. Their trip comes after China flew almost 150 warplanes […]

October 5, 2021 BEIJING (Reuters) – China risks slower growth if it does not do enough to spur market competition by allowing the private sector to play a bigger role in the economy and greater two-way flow in cross-border investments, a report showed on Tuesday. “Without a market-oriented shift, China will struggle to maintain a […]

October 5, 2021 TAIPEI (Reuters) – Taiwan’s exports likely rose for a 15th straight month in September, a Reuters poll showed, boosted by strong demand for electronics goods as the global economy traces its path back to recovery. Taiwan, a global hub for chip production and a key Apple Inc supplier, is one of Asia’s […]

October 5, 2021 By Trevor Hunnicutt WASHINGTON (Reuters) – Amazon.com Inc, Google and Microsoft Corp are expected to join a Biden administration conference on Tuesday focused on quantum technologies as the U.S. government works to head off hacking threats and corner a burgeoning growth industry. The White House’s Office of Science and Technology Policy (OSTP) […]

October 5, 2021 TAIPEI (Reuters) – Taiwan falling to China would trigger “catastrophic” consequences for peace in Asia, President Tsai Ing-wen wrote in a piece for Foreign Affairs published on Tuesday, and if threatened Taiwan will do whatever it takes to defend itself. Taiwan, which is claimed by China as its sovereign territory, has faced […]

FoundersHK was created to strengthen Hong Kong’s startup community, which has weathered more than two years of political turmoil, along with the COVID-19 pandemic. Today the non-profit, which started as an events and mentoring network, held the first demo day of FoundersHK Accelerate, its equity-free accelerator program, which was created to help prepare Hong Kong […]

A pair of new e-readers from Kobo iterate on the company’s high-end options, adding Bluetooth audiobook and stylus support to the now familiar asymmetrical design of its larger devices. The Sage and Libra 2 also gain a new charging cover so you only have to plug the device in every few months rather than every […]

October 5, 2021 SINGAPORE (Reuters) – Singapore’s parliament has approved a law that gives broad powers to the government to deal with foreign interference that has sparked concern from the opposition and experts about its wide scope and limits on judicial review. The small and open city-state, which says it is vulnerable to foreign meddling, […]

October 5, 2021 (Reuters) – Golden State Warriors’ Steph Curry said he is pleased Andrew Wiggins handled his “responsibilities” as a team member by receiving a COVID-19 vaccination head of the NBA season. Unvaccinated players will have to comply with a long list of restrictions to play this season and the NBA previously denied Wiggins’ […]

October 5, 2021 (Reuters) – World number eight Dominic Thiem said he will not require surgery on a wrist injury that has ruled him out for the rest of the season. The 28-year-old suffered the injury in June at the Mallorca Open and had to skip Wimbledon and was unable to defend his U.S. Open […]

October 5, 2021 (Reuters) – Former Manchester United manager Alex Ferguson said Cristiano Ronaldo should have started last weekend’s 1-1 home draw with Everton instead of being brought on as a second-half substitute by current boss Ole Gunnar Solskjaer. Ronaldo came on just before the hour mark with United leading 1-0 but Everton grabbed an […]

October 5, 2021 TOKYO (Reuters) – Japan’s new chief cabinet secretary Hirokazu Matsuno said on Tuesday the government is watching oil prices as rises would hurt corporate profits and increase the burden on households. He declined to comment on a fall in Japanese stock prices to a one-month low, saying markets move according to daily […]

October 5, 2021 By Anshuman Daga SINGAPORE (Reuters) – Asian shares suffered heavy losses early on Tuesday following a broad sell-off on Wall Street, as markets fretted about the impact of multi-year high oil prices at a time when supply chain disruptions are already putting pressure on economic activity. MSCI’s broadest index of Asia-Pacific shares […]