By Josh Ye, David Kirton and Chen Lin HONG KONG/SHENZHEN, China (Reuters) – Psst! Where can a Chinese buyer purchase top-end Nvidia AI chips in the wake of U.S. sanctions? Visiting the famed Huaqiangbei electronics area in the southern Chinese city of Shenzhen is a good bet – in particular, the SEG Plaza skyscraper whose…
By Humeyra Pamuk BEIJING (Reuters) -U.S. Secretary of State Antony Blinken said on Monday he had asked China’s government to be vigilant about private companies that may be providing Russia with technology that could be used against Ukraine, although he said he had seen no evidence Beijing is providing lethal assistance to Moscow. “What we…
By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from 19% last year, as they are increasingly left cash-strapped in a cooling economy while dealing with inflationary pressures. Even as the ‘Great Resignation’ continues, around 42% of the employees surveyed by…
By Scott Murdoch and Yantoultra Ngui SYDNEY/SINGAPORE (Reuters) – Asia’s dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in the region’s equity capital markets, after volumes in the first half of the year sank to their lowest in four years. First-half Asia Pacific equity…
By Trevor Hunnicutt and Nandita Bose (Reuters) – President Joe Biden on Monday criticized Republican U.S. Senator Tommy Tuberville for holding up some 200 Pentagon nominees over a Defense Department abortion policy. “It’s just bizarre. I don’t remember it happening before, and I’ve been around,” Biden said of the actions of Tuberville at a fundraiser…
By Takaya Yamaguchi, Makiko Yamazaki and Paritosh Bansal TOKYO (Reuters) -Japan’s financial regulator has sounded out top domestic banks about China risks and whether they have plans in place if Sino-Western tensions escalate, according to multiple sources with direct knowledge of the matter. The Financial Services Agency’s (FSA) request, which has not been previously reported, is to ensure Japan’s megabanks are…
PALO ALTO, California (Reuters) – U.S. President Joe Biden said on Monday he thinks relations between the United States and China are on the “right trail” and suggested progress was made during a rare trip to Beijing by Secretary of State Antony Blinken. “We’re on the right trail here,” Biden said of U.S.-China relations. Asked…
By Humeyra Pamuk BEIJING (Reuters) -China and the United States agreed on Monday to stabilize their intense rivalry so it does not veer into conflict, but failed to produce any major breakthrough during a rare visit to Beijing by U.S. Secretary of State Antony Blinken. Chinese President Xi Jinping welcomed “progress” after shaking hands with…
By Hyunsu Yim SEOUL (Reuters) – When Netflix co-CEO Ted Sarandos visits South Korea this week he will find an entertainment industry that has achieved global fame through hits such as “Squid Game” and “The Glory”, but also growing worries about its effects on the local market. South Korea has created some of Netflix’s biggest…
(Reuters) – The United States regrets a decision by Mali’s interim military authorities to ask a United Nations peacekeeping force to leave the country, the State Department said on Monday, calling for an “orderly and responsible” drawdown of the mission. Mali’s Foreign Minister Abdoulaye Diop made the request during a U.N. Security Council meeting on…
