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Category: Asia

Wall Street banks cut China’s growth forecast after dull second quarter
AsiaEconomy

Wall Street banks cut China’s growth forecast after dull second quarter

By Aniruddha Ghosh and Roshan Abraham (Reuters) -J.P.Morgan, Morgan Stanley and Citigroup trimmed China’s growth forecast for 2023 after the…

July 17, 2023July 17, 2023
Microsoft says Chinese hackers used code flaw to steal emails from US agencies
AsiaBusinessTechnologyUS

Microsoft says Chinese hackers used code flaw to steal emails from US agencies

By Raphael Satter WASHINGTON (Reuters) -Microsoft said on Friday that Chinese hackers misappropriated one of its digital keys and used…

July 17, 2023July 17, 2023
China’s Xiaomi bets bigger on India retail stores amid Samsung rivalry
AsiaBusinessEconomyEuropePoliticsTechnologyTop News

China’s Xiaomi bets bigger on India retail stores amid Samsung rivalry

By Aditya Kalra NEW DELHI (Reuters) -China’s Xiaomi will focus on boosting its India sales from retail outlets after years…

July 16, 2023July 16, 2023
Yellen ‘eager’ to work with China on debt, other global challenges
AfricaAsiaBusinessEconomyEnvironmentEuropePoliticsTop News

Yellen ‘eager’ to work with China on debt, other global challenges

By David Lawder and Aftab Ahmed GANDHINAGAR, India (Reuters) -U.S. Treasury Secretary Janet Yellen said on Sunday she was “eager”…

July 16, 2023July 16, 2023
China, Russia to start joint air and sea drill in Sea of Japan
AsiaEuropePoliticsTop NewsUS

China, Russia to start joint air and sea drill in Sea of Japan

By Yew Lun Tian BEIJING (Reuters) – A Chinese naval flotilla set off on Sunday to join Russian naval and…

July 16, 2023July 16, 2023
Microsoft under fire after hacks of US State and Commerce departments
AsiaBusinessTechnologyTop NewsUS

Microsoft under fire after hacks of US State and Commerce departments

By Raphael Satter WASHINGTON (Reuters) – In late June, one of cybersecurity expert Steven Adair’s clients got an alert from…

July 13, 2023July 13, 2023
Tesla looking to make about half million EVs annually in India- report
AsiaBusinessTop NewsUS

Tesla looking to make about half million EVs annually in India- report

BENGALURU (Reuters) -Tesla is discussing an investment proposal with the Indian government to set up a factory with an annual…

July 13, 2023July 13, 2023
Yellen raised China’s hopes for tariff cut; U.S. politics will crush them
AsiaEconomyElectionsPoliticsTop NewsUS

Yellen raised China’s hopes for tariff cut; U.S. politics will crush them

By David Lawder and Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen’s trip to China has raised hopes…

July 12, 2023July 12, 2023
Hedge funds grow more cautious on crypto after turmoil
AsiaBusinessEconomyEuropeUS

Hedge funds grow more cautious on crypto after turmoil

(This July 11 story has been corrected to add ‘CoinShares’ in paragraph 2 and ‘funds investing in crypto’ in paragraph…

July 12, 2023July 12, 2023
Top US-China exchanges since Biden took office
AsiaTop NewsUS

Top US-China exchanges since Biden took office

(Reuters) – U.S. Treasury Secretary Janet Yellen said on Sunday she believes China and the U.S. have made some progress…

July 8, 2023July 9, 2023

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