SHANGHAI: China's new energy vehicle (NEV) sales are expected to grow more than 40per cent each year in the next five years, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Friday. Fu Bingfeng, executive vice chairman of CAAM, made the remarks at a ......
SINGAPORE: Fewer residents have been driving to work over the past decade and more have been turning to public transport instead. This was among the findings by the Department of Statistics (DOS) as it released further details on Friday (Jun 18) from the census of population that is conducted...
SHANGHAI: China, the world's biggest auto market, should develop its own unified, open-source operating system for smart vehicles, and auto chips to maintain its advantage in the electric vehicle industry, a former industry minister said on Friday. Miao Wei, former minister for China's ...
REUTERS -Transportation finance and logistics company CAI International Inc said on Thursday it has entered into a definitive agreement to be acquired by Mitsubishi HC Capital Inc for an enterprise value of US$2.9 billion. The Japanese financial company has offered US$56.00 per share in cash ...
INDONESIA-BASED payments and remittance company Dompet Harapan Bangsa (OY!) is looking to take a strategic equity stake in MC Payment, the latter said in a bourse filing on Thursday.
The U.S. House Judiciary Committee will vote on Wednesday on a package of six antitrust bills, including several targeting the market power of Big Tech, the panel said on Thursday.
WASHINGTON: A bipartisan group of U.S. senators on Thursday proposed a 25per cent tax credit for investments in semiconductor manufacturing as Congress works to increase U.S. chip production. The proposal sponsored by Senate Finance Committee Chairman Ron Wyden and the top Republican on the ...
Foreign automakers' hopes of a booming Indian car market are fading fast as a brutal second wave of COVID-19 infections and limited government room for more stimulus spending suggest a recovery could lag far behind China and the United States.
Women make up less than 10 per cent of the management in most Japanese companies, as the country's corporate sector finds it difficult to meet the business lobby's aim of boosting the number of female executives in an ageing society, a Reuters poll showed.
TOKYO, June 18: Japan's core consumer prices rose 0.1 percent in May from a year earlier, government data showed on Friday. The core consumer price index, which includes oil products but excludes fresh food prices, compared with economists' median estimate for a 0.1 percent annual gain. Stripping ...
