Huawei hunts for ASEAN talent as part of $50m Asia team building
BANGKOK -- China's Huawei Technologies has pledged to spend $50 million over the next five years to cultivate tech talent in the Asia-Pacific region, kicking off the initiative with a training program in Southeast Asia.
Huawei, the world's biggest telecommunications equipment supplier, will select 200 people between the ages of 15 and 30 for online training starting in 2022. During the second year, it will have 20 people intern at the company.
The Association of Southeast
China's call to stock up sparks Taiwan war rumors and panic buying
BEIJING -- It all began with a call by China's Ministry of Commerce for citizens to stockpile daily necessities, and before long the internet was rife with rumors of war with Taiwan. Now official media are scrambling to put out the fire, reassuring the country that there is no shortage of goods.
On Monday evening, the ministry issued a notice urging people to stock up on goods as part of a plan is to stabilize supply and prices of item such as vegetables from this winter through spring. "We recommend
Malaysia's Smart Glove hit with U.S. import ban over labor issues
SINGAPORE -- American customs authorities have blocked imports of disposable gloves made by Malaysia's Smart Glove in their latest action against the Southeast Asian nation's glove business over alleged worker abuses.
Customs and Border Protection found seven of the International Labor Organization's indicators of forced labor in its investigation of Smart Glove, the agency announced. CBP said it ordered its officers "at all U.S. ports of entry" to detain the gloves, starting Thursday local time.
The move came less than a month after
SCMP scrambles to quell staff fears after report of China SOE bid
HONG KONG/NEW YORK -- The South China Morning Post, the 118-year-old Hong Kong-based English-language newspaper owned by Alibaba Group Holding, sought to dismiss reports about a potential sale to a Chinese government-backed company, saying there were no plans for a change in ownership.
On Friday, Bloomberg reported that Bauhinia Culture (Hong Kong) Holdings, a news publishing company owned by the Chinese government, was "working on an offer" to acquire the paper, citing people
SoftBank plans wireless power grid to charge smartwatches, earbuds
TOKYO -- Japanese cellphone carrier SoftBank Corp. will soon test technology that will charge earbuds, smartwatches and other wearable devices by simply walking near a mobile base station, Nikkei has learned.
The wireless power transmission devices will be installed in 5G base stations being rolled out by SoftBank. The government will soon ease restrictions on wireless technology to allow for the trials
SoftBank is replacing its 200,000 4G base stations across Japan with 5G versions. The wireless charging service will be jointly developed by
Indonesia signs $15bn deal with U.S. company to turn coal into chemicals
JAKARTA -- Indonesia has signed a deal worth $15 billion with an American gas processing and chemical company to develop a coal gasification industry in the country, a government agency said on Friday.
The memorandum of understanding was signed between Indonesia's Investment Coordinating Board (BKPM) and Air Products and Chemicals on Thursday in Dubai, where President Joko Widodo currently is, a statement from BKPM said.
The deal was described as "long-term investment agreement" aimed at converting "low-value coal into high-
China's zero COVID strategy has the support of its people
Zhou Xin is co-founder of Yicai Global; Chief Hong Kong correspondent for Shanghai TV; a business editor with CBN, and associate editor-in-chief of Caixin Media.
Shanghai Disneyland's regular fireworks show illuminated the world's largest theme park sky on Halloween evening.
Sadly, the theme park was closed as those beautiful fireworks burst into flame, creating colorful contortions in the night sky, because a woman, who had amused herself in the theme park the day before, tested positive for COVID-1
Google bows to South Korea law allowing third-party app payments
SEOUL -- Google will allow South Korean users to choose third-party payment methods for purchases made in apps, complying with a recent law that bans tech platforms from forcing developers to use their system.
Wilson White, Google's senior director of public policy, announced the move in a blog post directed at South Korean developers.
"We respect the decision of the National Assembly," White said in Thursday's post, outlining plans to give developers "the option to add an alternative in-app billing system
Xi expands wartime mobilization powers as Taiwan tensions rise
BEIJING -- China has granted the central leadership under President Xi Jinping greater control over mobilization for national defense without having to go through time-consuming legislative processes.
The changes will allow, for instance, the leadership to swiftly amend the National Defense Mobilization Law and broaden the age groups of civilians it would recruit when on a war footing.
While the National People's Congress, China's parliament, is a rubber-stamp body, amendments to such laws typically involve two or three rounds of discussion by the NPC
Honda postpones output recovery forecast to next fiscal year
TOKYO -- Honda Motor is struggling with longer-than-expected chip shortages and says supply bottlenecks will only start to clear early next year, making it hard for the Japanese automaker to make up for recent lost output within this fiscal year through March 2022.
Honda on Friday cut its full-year net profit forecast to 555 billion yen ($4.8 billion), mainly due to supply disruptions. Previously it had expected a net profit of 670 billion yen.
"Last