Nidec Corp 6594.T will spend 200 billion yen ($1.9 billion) on a new plant in Serbia to build motors for electric vehicles as it seeks to win more business from automakers turning away from internal …
Japan waives 14-day quarantine after business trips
Japan will exempt qualified business travelers who return after overseas trips lasting one week or less from a 14-day-quarantine requirement starting on Sunday. The change, approved Friday by the …
Stock Markets Start a Big Week on an Upswing: Live Business Updates
Futures for the S&P 500 predicted a 0.9 percent gain at the start of Monday’s session. That would mark a turnaround: Last week was Wall Street’s worst since March, as rising pandemic cases, new …
Japan’s Nidec plans $2 bln EV motor factory in Europe – Nikkei
Nidec Corp 6594.T will spend 200 billion yen ($1.9 billion) on a new plant in Serbia to build motors for electric vehicles as it seeks to win more business from automakers turning away from internal …
China’s factory activity rises to near-decade high in October – Caixin PMI
Activity in China’s factory sector accelerated at the fastest pace in nearly a decade in October as domestic demand surged, a private business survey showed on Monday, adding further momentum to an …
Hong Kong’s Financial Services Secretary explains city’s role in fintech development
Fintech development requires a growing ecosystem and that can be achieved through money, talent and regulation, says Christopher Hui, Secretary for Financial Services and Treasury in Hong Kong.
China’s blue-chip stocks firm on strong factory data; Hong Kong up
HK daily quota used 4.7% SHANGHAI, Nov 2 (Reuters) – China’s blue-chip stocks started the month on a firm note on Monday, with consumer stocks leading gains, as a private survey showing strong factory …
JPMorgan takes 71% in China securities business
JPMorgan will own 71% of its Chinese securities joint venture after completing the transaction to buy a 20% stake from one of its local partners, according to an exchange filing on Monday. The deal, …
Hong Kong mogul Bill Wong looks beyond Covid-19, ready to hire pilots as he prepares Greater Bay Airlines for take-off
Bill Wong Cho-bau, a Hong Kong tycoon who invests heavily over the border, is making a HK$2 billion (US$258 million) bet with his launch of a new city airline that will focus on a region expected to …
Hong Kong fintech startup Statrys nets $5m in angel round
Statrys, a Hong Kong-based digital payment services platform, announced that it has raised US$5 million in a funding round from an angel investor. Founded in 2018, Statrys provides payment solutions …