Wednesday, 29 October 2025, 9:16 am

    Reuters

    136 POSTS

    China carmaker BYD buys US firm Jabil’s mobility business for $2.2B

    Electric vehicle maker BYD Co Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc's Singaporean division to buy its mobility business in China for 15.8 billion yuan ($2.17 billion).

    Asia’s worries over currency volatility get in the way of rate cuts

    A spurt in the U.S. dollar and China's defense of the yuan are forcing Asian central banks to step up interventions in their weakening...

    China quietly recruits overseas chip talent as US tightens curbs

    For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to U.S. interests and technological supremacy.

    Just in

    NVIDIA to invest USD1B in Nokia, shares surge on AI-driven telecom push

    NVIDIA, the global leader in artificial intelligence and accelerated computing, is investing USD1 billion in Finnish technology firm Nokia as part of a sweeping strategic partnership to develop artificial intelligence-powered wireless infrastructure, sending both companies’ shares soaring Tuesday.

    Peso weakens to ₱59.13; BSP vows to let market set rate

    The local currency the peso weakened further on Tuesday, closing at ₱59.13 against the US dollar, as investor concerns grew over the country’s economic outlook and government spending slowdown.

    Study finds Filipinos not ready for retirement

    Filipinos are far from fully prepared for retirement, according to the first-ever InLife Retirement Index, which gave the country a score of 47 out of 100.

    APECO, Korean, and Filipino firms sign deal for new Casiguran International Port

    The Aurora Pacific Economic Zone and Freeport Authority (APECO) signed a tripartite memorandum of agreement (MOA) with Yooshin Engineering Corporation of South Korea and Lordsbridge Resources Corporation of the Philippines to develop the Casiguran International New Port, a flagship infrastructure project aimed at establishing Aurora as a key maritime gateway to the Pacific.
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