Tag: Asia / Pacific

What turbocharged this week’s crazy cryptocurrency meltdown?

By Joanna Ossinger Liquidations and leverage appear to have turbocharged this week’s cryptocurrency meltdown. Bitcoin dropped as much as 31% Wednesday to near $30,000, and...

COVID-19 pulls down global sourcing market down by 5% in Q2: ISG Index

Mumbai: Global sourcing slowed dramatically in the second quarter, as enterprises sharply reduced managed services spending to contend with the impacts of the COVID-19 pandemic...

India investment body backs incentives for $706 million Samsung display plant: letter

NEW DELHI/LUCKNOW (Reuters) – Samsung Electronics should get tax and other incentives from India’s northern state of Uttar Pradesh as the South Korean company looks...

U.S. companies can work with Huawei on 5G, other standards: Commerce Department

(Reuters) – The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China’s Huawei...

Huawei CFO raises new argument to fight U.S. extradition in Canada court

VANCOUVER/NEW YORK (Reuters) – Huawei Chief Financial Officer Meng Wanzhou is raising a new argument in a Canadian court in a bid to fight extradition...

Exclusive: U.S. companies can work with Huawei on 5G standards – Commerce Department

(Reuters) – The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China’s Huawei...

U.S. to unveil voluntary self-driving testing data-sharing effort

WASHINGTON (Reuters) – U.S. auto safety regulators will unveil on Monday a voluntary effort to collect and make available nationwide data on existing autonomous vehicle...

Crunch time for China’s robot startups as pandemic brings pain and opportunities

SHENZHEN, China (Reuters) – With glowing blue eyes and trusting feline features, a new robot cat by Chinese startup Elephant Robotics seems happily oblivious to...

China set to complete Beidou network rivalling GPS in global navigation

BEIJING (Reuters) – The Chinese Beidou navigation network will be complete this month when its final satellite goes into orbit, giving China greater independence from...

Canada spy agency warned of ‘shock waves’ from arrest of Huawei founder’s daughter

FILE PHOTO: Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to attend a court hearing in Vancouver, British Columbia, Canada May 27, 2020....

U.S. lawmakers ask Zoom to clarify China ties after it suspends accounts

SHANGHAI (Reuters) – Three U.S. lawmakers asked Zoom Video Communications Inc (ZM.O) to clarify its data-collection practices and relationship with the Chinese government after the...

Sony calls on Spider-Man for PS5 year-end launch

TOKYO (Reuters) – Sony Corp on Friday unveiled more than two dozen titles for its upcoming PlayStation 5 console, including a sequel to its hit...

Chinese users saw Zoom as a window through the ‘Great Firewall’

BEIJING (Reuters) – Zoom Video Communications (ZM.O) has gained a following in China in recent months from users ranging from underground churches to feminists who...

Exclusive: Netflix in talks to source Indian content from Reliance affiliate Viacom18 – sources

NEW DELHI (Reuters) – U.S. video streaming company Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries’ media unit Network18, about...

Twitter takes down Beijing-backed influence operation pushing coronavirus messages

SAN FRANCISCO (Reuters) – Twitter (TWTR.N) on Thursday said it removed more than 170,000 accounts tied to a Beijing-backed influence operation that deceptively spread messages...

Twitter suspends Chinese operation pushing pro-Beijing coronavirus messages

SAN FRANCISCO (Reuters) – Twitter (TWTR.N) on Thursday said it was removing hundreds of thousands of accounts tied to a Beijing-backed influence operation that deceptively...

Outside panel to review Samsung heir Lee’s case: Seoul prosecutors

SEOUL (Reuters) – An outside panel will weigh the validity of an investigation into Samsung Group heir Jay Y. Lee over a 2015 merger and...

Zoom suspends U.S.-based activists’ account after Tiananmen event

SHANGHAI (Reuters) – Zoom Video Communications temporarily shut the account belonging to a group of U.S.-based Chinese activists after they held an event to commemorate...

SoftBank’s Arm at loggerheads with Chinese venture over CEO

SHANGHAI/SAN FRANCISCO (Reuters) – SoftBank Group Corp-owned Arm Ltd and its Chinese joint venture on Wednesday publicly disagreed over whether the unit’s chief executive officer...

NATO chief says on Huawei: UK review of 5G security is important

LONDON (Reuters) – The head of the NATO military alliance said on Wednesday that the West could not ignore the rise of China and so...

U.S. student’s app offers roadmap to Singapore contact tracing tech

OAKLAND, Calif. (Reuters) – Singapore kicked off a global rush to develop contact tracing apps for the novel coronavirus when the city-state launched an apparently...

Exclusive: Obscure Indian cyber firm spied on politicians, investors worldwide

LONDON/WASHINGTON (Reuters) – A little-known Indian IT firm offered its hacking services to help clients spy on more than 10,000 email accounts over a period...

German government backs ‘electronics you can trust’

FILE PHOTO: German Minister of Education and Research Anja Karliczek attends a news conference on the 2020 report of the expert commission on research and...

U.S. failed to properly oversee Chinese telecom carriers: Senate panel

WASHINGTON (Reuters) – A U.S. Senate report released Tuesday says the U.S. government failed to properly oversee Chinese-owned telecommunications companies for nearly two decades. FILE...

Chinese telecom firms urge FCC not to revoke ability to operate in U.S.

WASHINGTON (Reuters) – The U.S. units of China Telecom Corp’s (0728.HK) and China Unicom (0762.HK) urged the Federal Communications Commission (FCC) not to revoke the...