Japan’s labour ministry is working to extend a special employment subsidy to help firms hit by the coronavirus pandemic that would keep furloughed workers on the payroll, the Nikkei business daily reported on Wednesday.
Tencent Holdings Ltd. is driving discussions to merge China’s biggest game-streaming platforms Huya Inc. and DouYu International Holdings Ltd., people familiar with the matter said, in a deal that would allow it to dominate the $3.4 billion arena.
Ant Group, the fintech affiliate of Chinese e-commerce leader Alibaba Group Holding, is looking to raise a record $30 billion in its planned IPO, Chinese financial and business news media group Caixin reported on Monday.
President Donald Trump insisted Monday that shutting down the United States in an attempt to curb the coronavirus would cause more harm than good, doubling down on previous comments that he would not call for a nationwide lockdown.
China’s factory activity expanded at the fastest pace in nearly a decade in July as domestic demand continued to improve after the coronavirus crisis, though export orders and employment remained weak, a private business survey showed on Monday.
Samsung Electronics Co Ltd (005930.KS) is forging a comeback in India’s smartphone market with a new range of budget devices and a ramped-up online presence, aiming to recoup ground ceded to Chinese rivals such as Xiaomi Corp (1810.HK).
Microsoft has posted a statement today on its corporate blog that says it will continue discussions on a potential TikTok purchase in the U.S.. As a part of the statement, it says that it may invite other “American investors” to participate on a minority basis.
Guangzhou-based Xpeng Motors has filed confidentially to list in the US but has not yet chosen between Nasdaq or the New York Stock Exchange, according to a person familiar with the matter.
The Federal Communications Commission has authorized Amazon’s plans for a Project Kuiper constellation of 3,236 satellites that would provide broadband internet access across a wide swath of the globe — but on the condition that it doesn’t unduly interfere with previously authorized satellite ventures.
Banks using Britain as a gateway to the European Union must fully execute their plans for serving the bloc's customers before a Brexit transition period ends in December, the EU's banking watchdog said on Wednesday.