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BEIJING, May 29 (Reuters) – Chinese Commerce Minister Wang Wentao urged Japan to correct its “wrongdoing” of imposing chip export controls, according to a statement from the Chinese commerce ministry on Monday. Wang made the comments during talks with Japanese Trade Minister Yasutoshi Nishimura on May 26 at the Asia-Pacific Economic Cooperation (APEC) conference. Wang… Continue reading Untitled

Technologycategory

Interim stop order for Humm’s BNPL products revoked Australian fintech company Humm Group said on Monday an interim stop order issued by the country’s corporate regulator restricting it from issuing buy-now-pay-later (BNPL) products to new customers had been revoked. Go to Source

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May 29 (Reuters) – Singapore state investor Temasek Holdings (TEM.UL) said on Monday it had cut compensation for the team and senior management that recommended its investment in the now-bankrupt FTX cryptocurrency exchange. “Although there was no misconduct by the investment team in reaching their investment recommendation, the investment team and senior management, who are… Continue reading Untitled

ISS backs Toyota shareholder proposal on climate disclosure

TOKYO, May 28 (Reuters) – Proxy adviser Institutional Shareholder Services (ISS) has recommended that shareholders of Toyota Motor Corp (7203.T) vote in favour of a resolution urging the automaker to improve disclosure of its lobbying related to climate change. The recommendation comes as Japan’s largest company by market capitalisation faces pressure from green investors and… Continue reading ISS backs Toyota shareholder proposal on climate disclosure

U.S.-led Indo-Pacific talks produce deal on supply chain early warnings

[1/5] U.S. Commerce Secretary Gina Raimondo speaks with delegates during the Indo-Pacific Economic Framework meeting in Detroit, Michigan U.S. May 27, 2023. REUTERS/Rebecca Cook DETROIT, May 27 (Reuters) – Trade ministers of 14 countries in the U.S.-led Indo-Pacific Economic Framework (IPEF) talks “substantially completed” negotiations on an agreement to make supply chains more resilient and… Continue reading U.S.-led Indo-Pacific talks produce deal on supply chain early warnings

Technologycategory

Report of Argentina fraud probe sinks shares in dLocal Uruguayan fintech dLocal, the South American country’s first unicorn, saw its shares plummet on Friday, after Argentine news outlet Infobae published an article saying the government was investigating it for a possible fraud of at least $400 million. Go to Source

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BEIJING, May 27 (Reuters) – China’s cyberspace regulator said 1.4 million social media posts have been deleted following a two-month probe into alleged misinformation, illegal profiteering, and impersonation of state officials, among other “pronounced problems”. The Cyberspace Administration of China (CAC) said in a statement on Friday it had closed 67,000 social media accounts and… Continue reading Untitled

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LONDON, May 26 (Reuters) – Microsoft (MSFT.O) is challenging Britain’s decision to block its $69 billion takeover of “Call of Duty” maker Activision Blizzard (ATVI.O) on the grounds of “fundamental errors” in the assessment of Microsoft’s cloud gaming services. Britain’s anti-trust regulator, the Competition and Markets Authority (CMA), vetoed the deal in April, saying it… Continue reading Untitled

Technologycategory

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