Author Archives: Syndicated Content
China to adopt ‘positive and prudent’ approach towards fintech regulation, banking regulator says
BEIJING/SINGAPORE (Reuters) - China will adopt a "positive and prudent" approach towards the rapid growth of the country's financial technology industry and will watch over "too big to fail" cases in ...
Dec 07, 2020
Goldman Sachs signs pact to own 100% of China joint venture
HONG KONG (Reuters) - Goldman Sachs Group Inc has signed a pact with its China joint venture partner to wholly own the business, becoming the latest foreign bank to expand in the world's second-larges...
Dec 07, 2020
Taiwan’s Christmas King grapples with a slide in overseas demand for decorations
By Ann Wang TAICHUNG, Taiwan (Reuters) - It's unseasonably quiet at Harlan Tsai's factory, which has been churning out Christmas trees, wreaths and snow angels for more than three decades. Normally, a...
Dec 07, 2020
Japan’s AnGes begins phase 2/3 clinical trial of DNA-based COVID-19 vaccine
TOKYO (Reuters) - Japanese biotech company AnGes Inc said on Tuesday it had initiated a phase 2/3 clinical trial of its DNA-based COVID-19 vaccine candidate. The study is taking place at eight facilit...
Dec 07, 2020
Australia to make Facebook, Google pay news outlets for content
SYDNEY (Reuters) - Australia locked in plans on Tuesday to make Facebook Inc and Google pay its media outlets for news content, a world-first move aimed at protecting independent journalism that has d...
Dec 07, 2020
Rio Tinto may face a fine when Australia cave inquiry reports on Wednesday
MELBOURNE (Reuters) - Rio Tinto may face calls to pay compensation or a fine when an Australian parliamentary inquiry releases an interim report on Wednesday into how the firm legally destroyed ancien...
Dec 07, 2020
Hyundai Motor to recall Kona EV, Nexo hydrogen SUVs to fix brakes
SEOUL (Reuters) - Hyundai Motor Co is planning to recall a total of 50,864 Kona electric cars and Nexo fuel cell vehicles in South Korea due to faulty electronic braking systems, the transport ministr...
Dec 07, 2020
Japan to compile nearly $200 billion third extra budget: government source
TOKYO (Reuters) - Japan's government will compile a third extra budget for the current fiscal year worth around 20.1 trillion yen ($192 billion) as part of steps to fund a fresh economic stimulus pack...
Dec 07, 2020
ANZ, Citi, Deutsche Bank committed for trial in Australian court on criminal cartel charges
(Reuters) - Australia's competition regulator on Tuesday said Citigroup Inc, Australia and New Zealand Banking Group, Deutsche Bank AG and senior executives have been committed to Australian Federal C...
Dec 07, 2020
Japan’s consumer spending recovering but economy not back to pre-pandemic level: econmin
TOKYO (Reuters) - Japanese consumer spending is recovering but the overall economy has not returned to its pre-coronavirus level, Economy Minister Yasutoshi Nishimura said on Tuesday. Nishimura, speak...
Dec 07, 2020
