China echoes IMF pledges to avoid using currency as trade war tool
NUSA DUA, Indonesia (Reuters) – China’s top central banker on Saturday pledged to keep the yuan currency’s value “broadly stable,” a sign that Beijing may be trying to prevent a…
Not so happily ever after for Japan’s wedding gown industry?
As Japan’s population ages rapidly, its wedding gown industry has seen shrinking demand. Channel NewsAsia’s Michiyo Ishida speaks to renowned gown … source
Microsoft to invest in Southeast Asian ride-hailing firm Grab
SINGAPORE (Reuters) – Microsoft Corp is investing in Southeast Asian ride-hailing firm Grab as part of a partnership that the two companies said will allow them to collaborate on technology…
Cadillac edges Tesla in semi-automated driving test
(Reuters) – General Motors Co’s (GM.N) Cadillac outscored Tesla Inc (TSLA.O) in a new ranking of partially automated driving systems tested by Consumer Reports and released on Thursday. FILE PHOTO:…
Dollar and global bonds track surge in Treasury yields, stocks sag
LONDON (Reuters) – A rise in U.S. Treasury yields to their highest levels since mid-2011 pulled global bond yields higher across the board and boosted the dollar on Thursday, while…
Honda to invest $2.75 billion in GM’s Cruise self-driving unit
WARREN, Mich (Reuters) – Honda Motor Co Ltd (7267.T) will invest $2.75 billion in General Motors Co’s (GM.N) Cruise Automation, the second outside multibillion-dollar commitment to the self-driving vehicle unit…
Canadian dollar, stocks rise as NAFTA salvaged
LONDON (Reuters) – Optimism about a reconstituted free trade agreement among the United States, Canada and Mexico and what it could mean for trade relations elsewhere helped world markets kick…
Denny Tamaki, critic of US bases on Okinawa, wins election
Denny Tamaki, who campaigned criticizing the American military presence on the southwestern Japanese islands of Okinawa, won the election for governor Sunday, defeating a ruling party-backed candidate pushing the status…
Chimp escape: Primate swings from live power lines, falls from electricity pole
An escaped male chimpanzee was captured by city officials after falling off an electricity pole in northern Japan on Thursday. The chimpanzee escaped from the … source
GM will recall more than 3.3 million vehicles in China: market regulator
BEIJING (Reuters) – General Motors’ joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and Cadillac vehicles from Oct. 20 because of a defect with…