SoftBank Vision Fund, Saudi Arabia to create world’s biggest solar power firm
NEW YORK (Reuters) – SoftBank Group Corp’s Vision Fund will invest in creating the world’s biggest solar power project in Saudi Arabia, it said on Tuesday, stepping up its involvement in the kingdom and expanding beyond technology.
China Anbang’s former chairman Wu contests all charges against him
SHANGHAI/BEIJING (Reuters) – The former chairman of Anbang Insurance Group Co Ltd [ANBANG.UL], Wu Xiaohui, contested all charges against him in a high-profile trial that began in Shanghai on Wednesday, adding he was unaware whether his activities had v…
Shares skid on specter of tighter tech regulation, U.S.-China trade spat
TOKYO (Reuters) – Asian shares fell on Wednesday after Wall Street was knocked hard by concerns about tighter controls on the tech industry, denting a brief global equities recovery driven by hopes that the risk of a U.S.-China trade war was easing.
Asian shares skid as U.S. tech firms face more scrutiny
TOKYO (Reuters) – Asian shares fell on Wednesday after Wall Street was knocked hard by concerns about tighter controls on the tech industry, denting a brief global equities recovery driven by hopes that the risk of a U.S.-China trade war was easing.
In South Korea, U.S. cars are rare, and often German or Japanese
SEOUL (Reuters) – The United States and South Korea have agreed to revise a trade pact with a side deal to deter competitive currency devaluation by Seoul and with concessions for U.S. autos and pharmaceutical companies, Trump administration officials …
On China trade clash, Wall Street embraces Trump’s poker face
SAN FRANCISCO (Reuters) – To Wall Street money managers who make bets for a living, U.S. President Donald Trump’s aggressive stance against China on trade looks like a high-stakes poker hand – but they believe they can play it for all it’s worth.
China preparing list of retaliatory tariffs on U.S. imports: Global Times
BEIJING (Reuters) – China will soon announce a list of retaliatory tariffs on United States exports to China to counter an expected announcement from the United States of proposed new tariffs on Chinese imports, the Global Times said Wednesday.
NXP Semiconductors sells China JV stake as Qualcomm takeover awaits Beijing nod
BEIJING (Reuters) – U.S. chipmaker NXP Semiconductors NV , the target of a $44 billion takeover by Qualcomm Inc that is awaiting approval by Chinese anti-monopoly regulators, has sold its stake in a Chinese chip-design joint venture.
Asian shares skid as US tech firms face more scrutiny
TOKYO (Reuters) – Asian shares fell on Wednesday after Wall Street was knocked hard by concerns about tighter controls on the tech industry, denting a brief global equities recovery driven by hopes that the risk of a U.S.-China trade war was easing.
Trial of Anbang’s former chairman starts in Shanghai
SHANGHAI/BEIJING (Reuters) – The trial of the former chairman of Anbang Insurance Group Co Ltd [ANBANG.UL] Wu Xiaohui for alleged economic crimes started in Shanghai on Wednesday, a court statement said.
