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China think tank calls for 'democratic' internet governance

technologyNews reuters.com

WUZHEN, China (Reuters) - China ranks fifth among 38 nations globally in standards of cyber governance, a top state-backed internet think tank said on Monday, calling for a 'democratic' internet governance system to eradicate inequalities it said marginalized developing nations. [Source]

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companyNews reuters.com

China video game craze drives booming e-sports market

WUHU, China/SHANGHAI, Dec 12 (Reuters) - In an industrial park on the edge of Shanghai, a dozen Chinese teenagers are taking a break from battling digital armies to focus on their yoga.

worldNews reuters.com

Prominent Australian opposition lawmaker quits over claims of China links

SYDNEY (Reuters) - Prominent Australian opposition Senator Sam Dastyari said on Tuesday he would resign from parliament after a series of allegations emerged about his links with Chinese-aligned interests in Australia.

companyNews reuters.com

UPDATE 1-China's Tencent plans retail push with Yonghui Superstores stake

HONG KONG/SHANGHAI, Dec 11 (Reuters) - Chinese tech giant Tencent Holdings Ltd plans to buy a 5 percent stake in Yonghui Superstores Co Ltd, the department store operator said on Monday, in the latest push by China's internet giants into offline retail.

Industrial Espionage nytimes.com

Germany Accuses of China of Using LinkedIn to Recruit Informants

A top German intelligence agency said that more than its 10,000 citizens were targeted, including lawmakers and government employees.

technologyNews reuters.com

U.S. agency prepares to hand over internet oversight to FTC

WASHINGTON (Reuters) - The U.S. Federal Communications Commission plans to turn over oversight of internet service providers to another federal agency as it plans to vote on Thursday to revoke the landmark 2015 "net neutrality" rules.

technologyNews reuters.com

'More to come' after bitcoin futures launch: Cboe CEO

NEW YORK (Reuters) - The generally smooth launch of bitcoin futures on Cboe Global Markets could pave the way for other cryptocurrency-related products like options and ETFs, the head of the exchange operator said in an interview on Monday.

technologyNews reuters.com

Apple removes app after MyEtherWallet complaint

(Reuters) - IPhone maker Apple Inc said on Monday it had removed a paid iOS application from its App Store after MyEtherWallet, a free service for storing digital currencies, complained that the program was improperly using its name.

technologyNews reuters.com

SEC halts initial coin offering from restaurant review app

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has stepped in to stop an "initial coin offering" (ICO) from a restaurant review app, after the company failed to register it as a security.

technologyNews reuters.com

U.S. tech firm settles probe of Russian work on defense project

WASHINGTON (Reuters) - Netcracker Technology Corp will not face criminal charges for allowing Russian nationals without security clearance to work on a U.S. defense project after it agreed to adopt enhanced cyber security measures, authorities said on Monday.

companyNews reuters.com

Female directors snubbed, Plummer surprises at Golden Globe nominations

LOS ANGELES, Dec 11 (Reuters) - Women were shut out of the directors race at the 2018 Golden Globe nominations on Monday, while Ridley Scott's scramble to reshoot "All the Money in the World" led to a surprise nod for actor Christopher Plummer, who replaced Kevin Spacey.

technologyNews reuters.com

Apple confirms deal to buy music discovery app Shazam

SAN FRANSICO (Reuters) - Apple Inc on Monday confirmed it had reached a deal to acquire Shazam Entertainment Ltd, the U.K.-based app that lets users identify songs by pointing a smart phone at the audio source.

entertainmentNews reuters.com

'Shape of Water' leads wide ranging Golden Globe nominations

LOS ANGELES (Reuters) - Mexican filmmaker Guillermo del Toro's fantasy romance "The Shape of Water" led nominations for the Golden Globes on Monday, heading a list of dramas and comedies on issues ranging from press freedom, war, racism and the many aspects of love.

technologyNews reuters.com

Elliott says chipmaker NXP worth 23 percent more than Qualcomm's offer

(Reuters) - Activist investor Elliott Management Corp said on Monday NXP Semiconductors NV is worth about 23 percent more than Qualcomm Inc's $38-billion offer to buy the chipmaker.

businessNews reuters.com

WTO losing focus, must rethink development: U.S. trade chief

BUENOS AIRES (Reuters) - U.S. President Donald Trump's trade chief said on Monday that the World Trade Organization is losing its focus on trade negotiations in favor of litigation and needed to rethink how it defines developing economies.

cnn.com

'All the Money in the World,' movie that replaced Spacey, scores 3 Globe nominations

"All the Money in the World" apparently has all the awards momentum in the world, too, despite its proximity to controversy after now former star Kevin Spacey was accused of sexual misconduct.

businessNews reuters.com

Lighthizer says WTO losing focus, must rethink development

BUENOS AIRES (Reuters) - U.S. President Donald Trump's trade chief said on Monday that the World Trade Organization is losing its focus on trade negotiations in favor of litigation and needed to rethink how it defines developing economies.

technologyNews reuters.com

U.S. videogame makers may trounce sales estimates again

(Reuters) - Tepid holiday sales forecasts from two of the three major U.S. videogame producers have not dampened investors' confidence in one of the past decade's major stock market success stories for a simple reason: they almost always beat them.

Refugees and Displaced Persons nytimes.com

Fearing the Worst, China Plans Refugee Camps on North Korean Border

A Chinese county has a blueprint in place if a crisis in North Korea results in thousands of refugees crossing the border.

technologyNews reuters.com

Elliott says chipmaker NXP worth more than Qualcomm's offer

(Reuters) - Activist investor Elliott Management Corp said on Monday that NXP Semiconductors NV is worth $135 per share on an intrinsic standalone basis, more than the $110 Qualcomm Inc has offered to buy the company.

technologyNews reuters.com

Chinese electric car maker to put 'Weltmeister' on road next year

BEIJING (Reuters) - WM Motor Technology Co, one of a new breed of Chinese electric car companies, will use its company name "Weltmeister" as its brand and plans to start taking orders for its first product, a sport-utility vehicle, from April.

businessNews reuters.com

Icahn makes four nominations for Xerox board

(Reuters) - Activist investor Carl Icahn has named four nominees to Xerox Corp's board of directors, the company said on Monday.

technologyNews reuters.com

EU must look at regulating bitcoin, ECB's Nowotny says

VIENNA (Reuters) - The European Union needs to consider regulating bitcoin, European Central Bank ratesetter Ewald Nowotny said on Monday, citing the risk of money laundering.

topNews reuters.com

China's graft watchdog warns officials over 'concealed' extravagance

BEIJING (Reuters) - Chinese officials trying to hide dishonest spending with tricks such as throwing extravagant parties in private will be targeted in a sustained campaign to root out hedonism, the top anti-graft watchdog said on Monday.

technologyNews reuters.com

Exclusive: Hong Kong fund tells Toshiba that chip unit sale to Bain group not necessary

TOKYO (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.

Golden Globes (Awards) nytimes.com

Live Briefing: Golden Globe Nominations: Live Updates

The nominations, which will be announced Monday morning, are often seen as a harbinger of what may come in the Oscar race.

technologyNews reuters.com

Apple, India wrangle over import tax on mobile parts: sources

NEW DELHI (Reuters) - Apple Inc has asked India to defer a planned increase in import taxes on mobile phone parts so it can expand its iPhone manufacturing in the country, but the government is unlikely to accede, people familiar with the matter said.

technologyNews reuters.com

Nokia's COO quits after eight months in the job

HELSINKI (Reuters) - Nokia said its chief operating officer will leave the telecom network equipment maker, which is struggling in the face of a shrinking market and tough competition, after just eight months in the job.

technologyNews reuters.com

China Telecom earmarked as Philippines' 3rd telecoms player: Manila officials

MANILA (Reuters) - State-run China Telecom Corp could become the Philippines' third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services.

technologyNews reuters.com

Mubadala has done 15 to 16 investments in Silicon Valley as part of the Softbank fund

ABU DHABI (Reuters) - Abu Dhabi's state investor, Mubadala [MUDEV.UL], has made 15 to 16 investments in Silicon Valley as part of a partnership with Softbank Group, deputy group CEO, Waleed al-Muhairi, told a conference in Abu Dhabi.

businessNews reuters.com

Ford's November China vehicle sales drop 8 percent year-on-year

(Reuters) - Ford Motor Co's sales in China fell 8 percent in November from a year ago, following a 5 percent decline in October, the U.S. automaker said on Monday.

companyNews reuters.com

Ford's November China vehicle sales drop 8 pct y/y

Dec 11 (Reuters) - Ford Motor Co's sales in China fell 8 percent in November from a year ago, following a 5 percent decline in October, the U.S. automaker said on Monday.

environmentNews reuters.com

China says 8 northern cities failed air quality targets in Oct, Nov

BEIJING (Reuters) - Eight northern Chinese cities failed to meet air quality targets in October and November, even as local authorities launched rigorous steps to cut emissions during the winter, the government said on Monday.

technologyNews reuters.com

Hotly anticipated bitcoin futures surge 21 percent on debut

NEW YORK/SYDNEY (Reuters) - Bitcoin futures jumped more than 20 percent in their eagerly anticipated U.S. debut, which backers hope will encourage wider use and legitimacy for the world's largest cryptocurrency even as critics warn of the risk of a bubble and price collapse.

worldNews reuters.com

China starts formal legal proceedings against disgraced senior politician

BEIJING (Reuters) - China's prosecutor began on Monday formal legal proceedings against disgraced senior politician Sun Zhengcai, once considered a contender for top leadership, who has been accused of corruption and other crimes.

worldNews reuters.com

China, Taiwan spar over Chinese diplomat's invasion threat

BEIJING/TAIPEI (Reuters) - A threat by a senior Chinese diplomat to invade Taiwan the instant any U.S. warship visits the self-ruled island has sparked a war of words, with Taipei accusing Beijing of failing to understand what democracy means.

worldNews reuters.com

China's top paper says Australian media reports are racist

BEIJING (Reuters) - Australian media reports on Chinese interference in Australia are racist and paranoid, China's top newspaper said on Monday, stepping up a war of words over concerns in Australia about Chinese influence in the country.

technologyNews reuters.com

China Telecom earmarked as the Philippines' third telecoms player

MANILA (Reuters) - State-run China Telecom Corp could become the Philippines' third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services.

environmentNews reuters.com

China looks to nuclear option to ease winter heating woes

SHANGHAI (Reuters) - With its smog-prone north desperate to slash coal consumption, China is looking to deploy nuclear power to provide reliable winter heating, raising public safety concerns - though developers say the risks are minimal.

Elderly nytimes.com

Sanya Journal: Welcome to China’s Florida: Sun, Sand and Retired Snowbirds

Rising incomes allow China’s growing numbers of aging people to become snowbirds in the south — enjoying life post-retirement in a way previous generations never imagined.

environmentNews reuters.com

China's Xinjiang halts mining in nature reserve to curb pollution: Xinhua

BEIJING (Reuters) - China's far western Xinjiang region has suspended mining in one of its big nature reserves, the official Xinhua news agency reported, amid rising environmental concerns.

technologyNews reuters.com

France to allow blockchain for trading unlisted securities

PARIS (Reuters) - The French government opened the way on Friday for trading unlisted securities using blockchain digital ledgers with the adoption of new rules aimed at improving Paris' image as a center for financial innovation.

technologyNews reuters.com

Spotify and Tencent Music to buy stakes in each other

STOCKHOLM (Reuters) - Music streaming company Spotify and the music arm of China's Tencent Holdings Ltd will buy minority stakes in each other ahead of the Swedish firm's expected stock market listing next year, the companies said on Friday.

technologyNews reuters.com

NiceHash says attacked probably from non-EU IP address

LJUBLJANA (Reuters) - A Slovenian cryptocurrency mining marketplace, NiceHash, which lost about $64 million worth of bitcoin in a hack on its payment system on Wednesday, said the attack was probably made from a non-EU IP address.

companyNews reuters.com

UPDATE 1-China imposes record fine on Guangfa Bank over guarantees for defaulted bonds

BEIJING, Dec 8 (Reuters) - China's banking regulator has confiscated illegal income and imposed fines on China Guangfa Bank Co totalling 722 million yuan ($109 million) for providing illegal guarantees for defaulted corporate bonds sold through an Alibaba-backed online finance platform, it said on Friday.

technologyNews reuters.com

Ericsson may make Digital goodwill impairment after revamp

STOCKHOLM (Reuters) - Ericsson said on Friday it may have to book a goodwill impairment in its struggling digital services and media businesses, potentially hitting the Swedish mobile network equipment maker's operating income but not its cashflow.

worldNews reuters.com

China warns of imminent attacks by "terrorists" in Pakistan

BEIJING (Reuters) - China on Friday warned its nationals in Pakistan of plans for a series of imminent "terrorist attacks" on Chinese targets there, an unusual alert as it pours funds into infrastructure projects into a country plagued by militancy.

companyNews reuters.com

China Guangfa Bank fined $109 million for rule violation - regulator

BEIJING, Dec 8 (Reuters) - China's banking regulator has fined China Guangfa Bank Co 722 million yuan ($109.12 million) for providing illegal guarantees for defaulted corporate bonds, it said on Friday.

businessNews reuters.com

Asia cheers China trade boost, bitcoin comes off heady heights

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations while bitcoin, the market's new crypto-star, tumbled more than 10 percent after a meteoric ascent in recent weeks.

companyNews reuters.com

METALS-Shanghai copper prices turn positive on China data

SYDNEY, Dec 8 (Reuters) - Shanghai copper futures turned positive on Friday after data showed a jump in imports of the metal into China, the world's top consumer of the commodity.

companyNews reuters.com

GLOBAL MARKETS-Asia cheers China trade boost, bitcoin comes off heady heights

* Sterling twitchy as EU and UK makes breakthrough on border talk

companyNews reuters.com

UPDATE 2-China's HNA pushes back against liquidity concerns, won't sell assets "blindly"

* Group exec says dismisses concerns about "liquidity crisis"

businessNews reuters.com

Asia cheers China trade boost, bitcoin shoots for the stars

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations and investors marveled at the meteoric ascent of bitcoin, the market's new crypto-star.

companyNews reuters.com

BRIEF-‍Air China Launches New Non-Stop Service Between Shenzhen And Los Angeles​

* ‍AIR CHINA LAUNCHES NEW NON-STOP SERVICE BETWEEN SHENZHEN AND LOS ANGELES​ Source text for Eikon: Further company coverage:

companyNews reuters.com

GLOBAL MARKETS-Asia cheers China trade boost, bitcoin shoots for the stars

SYDNEY, Dec 8 (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations and investors marvelled at the meteoric ascent of bitcoin, the market's new crypto-star.

technologyNews reuters.com

SoftBank to invest $300 million in food delivery firm DoorDash: Recode

(Reuters) - SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.

businessNews reuters.com

Asia gets China trade boost, bitcoin shoots for the stars

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations, and investors marveled at the meteoric ascent of the market's new crypto-star, bitcoin.

businessNews reuters.com

HSBC beefs up Asia research team with 15 new hires in China

HONG KONG (Reuters) - HSBC said on Friday that it had expanded its Asian research team by hiring 15 analysts following the launch of HSBC Qianhai Securities, the first Chinese securities joint venture to be majority-owned by a foreign bank.

companyNews reuters.com

GLOBAL MARKETS-Asia gets China trade boost, bitcoin shoots for the stars

SYDNEY, Dec 8 (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations, and investors marvelled at the meteoric ascent of the market's new crypto-star, bitcoin.

companyNews reuters.com

UPDATE 1-China's HNA pushes back against liquidity concerns, wont sell assets "blindly"

* HNA's leverage, ownership under scrutiny after $50 bln in deals (Adds quotes and comments from HNA executive)

companyNews reuters.com

China's HNA says it is not selling assets "blindly"

HONG KONG, Dec 8 (Reuters) - Chinese conglomerate HNA Group is not selling assets "blindly" and has no plans to sell its stakes in Deutsche Bank or Hilton Worldwide in the near future, a senior executive told Reuters on Friday.

companyNews reuters.com

China aims to make IPO application process more transparent

SHANGHAI, Dec 8 (Reuters) - China's securities regulator published a set of guidelines for companies applying to make initial public offerings (IPOs), in a bid to be more transparent and stabilize market expectations.

technologyNews reuters.com

YouTube to launch music subscription service next year: Bloomberg

(Reuters) - Alphabet Inc's YouTube plans to introduce a paid music streaming service in March, Bloomberg reported on Thursday, citing people familiar with the matter.

worldNews reuters.com

China jails 21 people for 2015 nursing home fire: Xinhua

SHANGHAI (Reuters) - China has jailed 21 people for their roles in a deadly fire that killed 39 elderly people at a private nursing home two years ago, state-run Xinhua news agency reported on Friday.

technologyNews reuters.com

Spark NZ expects to roll out 5G in next few years

(Reuters) - New Zealand telecommunications company Spark New Zealand said on Friday its plans for a fifth-generation network (5G) are progressing well and it expects to roll it out within the "next few years."

cnn.com

Majority polled think there was probably improper contact

President Donald Trump's approval rating sits at 32%, according to a new poll released by the Pew Research Center, matching the lowest level in any poll on his approval since he took office in January.

cnn.com

If you think Pence rule is a good idea, think again

technologyNews reuters.com

France's Ubisoft delays three releases, back catalog sales remain strong

(Reuters) - French video game producer Ubisoft said on Thursday it was delaying the release of three games and lowering its 2017/18 sales goals while raising its targeted profit margin.

worldNews reuters.com

North Korea says U.S. threats make war unavoidable, China urges calm

SEOUL (Reuters) - Two American B-1B heavy bombers joined large-scale combat drills over South Korea on Thursday amid warnings from North Korea that the exercises and U.S. threats have made the outbreak of war "an established fact."

technologyNews reuters.com

Deutsche Bank says more regulation of cryptocurrencies needed

BERLIN (Reuters) - More regulation and some degree of security are needed to make cryptocurrencies such as bitcoin a serious new asset class for investors, Deutsche Bank Chief Investment Officer Christian Nolting said.

technologyNews reuters.com

Chinese investor further raises stake in Dialog Semi to 8.15 percent

FRANKFURT (Reuters) - China's top state silicon chipmaker has further raised its stake in Dialog Semiconductor, buying into share price weakness triggered by fears the Anglo-German firm could lose its top customer Apple Inc.

technologyNews reuters.com

Ubisoft delays three releases, lowers 2017/2018 sales outlook

(Reuters) - French video game producer Ubisoft said on Thursday it was delaying the release of three games and lowering its 2017/18 sales outlook.

technologyNews reuters.com

Instagram testing standalone Direct messaging app

(Reuters) - Facebook Inc's Instagram said on Thursday it was testing a standalone messaging app called Direct, making it the company's third chat tool alongside its hugely popular WhatsApp and Messenger.

technologyNews reuters.com

Silicon Valley meets 'Flash Boys' on new corporate listings program

NEW YORK (Reuters) - A new would-be stock exchange based in Silicon Valley is teaming up with IEX Group, the newest U.S. stock exchange and focus of author Michael Lewis's book, "Flash Boys: A Wall Street Revolt," on a corporate listings program, the company said on Thursday.

technologyNews reuters.com

Blockchain network IOTA teams up with Microsoft, others on data marketplace

NEW YORK (Reuters) - (In this version of the Nov. 28 story IOTA corrects partners in the project to remove reference to Cisco in headline and first paragraph and Huawei in fifth paragraph, include Microsoft in headline and text. IOTA clarified that the error was due to the fact that it co-founded the Trusted IoT Alliance with Cisco.)

Hummingbirds nytimes.com

Trilobites: You Should Think of Hummingbirds as Bees With Feathers

Scientists say it will be easier to understand hummingbirds in some cases if we use insights gained from the study of bees.

technologyNews reuters.com

Orange's boss Richard promises investors more of the same

PARIS/LONDON (Reuters) - Orange's boss Stephane Richard told investors on Thursday he will stick with plans to invest heavily in upgrading networks rather than content as he bids for a third term to lead France's biggest telecoms operator.

technologyNews reuters.com

BlackBerry, Qualcomm expand partnership to connected automotive

(Reuters) - BlackBerry Ltd and Qualcomm Inc are expanding their partnership to tap the fast-growing connected automotive market, the companies said on Thursday.

technologyNews reuters.com

Russia calls on OSCE states to ramp up cyber security efforts

VIENNA (Reuters) - Russia's foreign minister called on Organization for Security and Cooperation in Europe (OSCE) countries to strengthen efforts to ensure the safety of the internet on Thursday.

companyNews reuters.com

BRIEF-Huber Capital reports a 5.94 pct passive stake in Teekay Tankers

* HUBER CAPITAL MANAGEMENT LLC REPORTS A 5.94 PCT PASSIVE STAKE IN TEEKAY TANKERS LTD AS OF NOV 29 - SEC FILING Source text: [http://bit.ly/2BTyE6P] Further company coverage:

topNews reuters.com

China's Sinopec sues Venezuela in sign of fraying relations

(Reuters) - Sinopec USA, a subsidiary of Chinese oil and gas conglomerate Sinopec, has sued Venezuela's state oil company PDVSA in a U.S. court, claiming it never received full payment for an order of steel rebar.

environmentNews reuters.com

China scales back northern gas push to avert heating crisis

BEIJING (Reuters) - Beijing scaled back its plan to convert northern cities to cleaner fuel this winter after provinces warned of gas shortages, residents struggled to keep warm and reports of freezing classrooms deepened concerns about a heating crisis.

worldNews reuters.com

North Korea says U.S. threats make war unavoidable as China urges calm

SEOUL (Reuters) - Two American B-1B heavy bombers joined large-scale combat drills over South Korea on Thursday amid warnings from North Korea that the exercises and U.S. threats have made the outbreak of war "an established fact".

environmentNews reuters.com

China eases northern gas push to avert heating crisis

BEIJING (Reuters) - Beijing has eased a push to convert northern cities to gas or electric heating this winter, after two provinces warned of gas shortages and reports of freezing classrooms deepened concerns about a winter heating crisis, local media said on Thursday.

businessNews reuters.com

HSBC has 3-year head start on foreign investment banking rivals in China: Gulliver

HONG KONG (Reuters) - HSBC has a three-year head start on its foreign investment banking rivals in China because of the British bank's unique position of having management control of its securities venture there, chief executive Stuart Gulliver said on Thursday.

companyNews reuters.com

UPDATE 2-China's growth objectives clash with financial stability goal - IMF

* IMF releases report on stability of China's financial system

companyNews reuters.com

METALS-London copper mired near two-month low as China demand growth cools

MELBOURNE, Dec 7 (Reuters) - London copper edged up on Thursday but was still not far two-month lows amid signs that growth in China's property and power sectors, both major copper consumers, is tapering into the year end. FUNDAMENTALS * London Metal Exchange copper edged up by 0.3 percent to $6,571.50 a tonne by 0209 GMT, after closing little changed in the previous session. Prices on Tuesday fell to $6,507.50, the weakest since Oct. 10. Shanghai Futures Exchange copper

companyNews reuters.com

UPDATE 1-China's growth objectives clash with financial stability goal - IMF

* IMF releases report on stability of China's financial system

cnn.com

Trump sniffles, internet pokes back

President Trump seems to sniff a lot and slur a little during big speeches. Jeanne Moos reports it's happened again.

companyNews reuters.com

China's growth objectives clash with financial stability goal - IMF

BEIJING, Dec 7 (Reuters) - China should prioritise financial stability above development goals, as pursuit of regional growth targets and helping firms avoid heavy job losses had led to a surge in debt, particularly at local government level, the International Monetary Fund said.

technologyNews reuters.com

Australia's ASX selects blockchain to cut costs

(Reuters) - Australia's ASX Ltd said on Thursday it would replace its registry, settlement and clearing system with blockchain technology to cut costs for customers.

worldNews reuters.com

Cambodia goes all-in on China in casino port city

SIHANOUKVILLE, Cambodia (Reuters) - Between Sihanoukville's beaches and its multiplying casinos, "Lao Qi" and Bun Saroeun run restaurants barely a hundred dusty meters apart. But their fortunes could not be more different.

technologyNews reuters.com

ASX selects distributed ledger technology to replace CHESS

(Reuters) - Australia's main bourse ASX Ltd on Thursday said it would replace its existing technology used to record shareholdings and manage the clearing and settlement of equity transactions in Australia, with blockchain developed by its technology partner Digital Asset (DA).

Coats and Jackets nytimes.com

What’s Next for Bode Miller After Skiing? Hint: Think Fashion

The newly retired skier teamed up with Aztech Mountain, a sports apparel start-up, and will be an NBC commentator during the Winter Games.

businessNews reuters.com

EU urges internet companies to do more to remove extremist content

(Reuters) - Internet groups such as Facebook , Google's YouTube and Twitter need to do more to stem the proliferation of extremist content on their platforms, the European Commission said after a meeting on Wednesday.

companyNews reuters.com

UPDATE 1-EU urges internet companies to do more to remove extremist content

Dec 6 (Reuters) - Internet groups such as Facebook, Google's YouTube and Twitter need to do more to stem the proliferation of extremist content on their platforms, the European Commission said after a meeting on Wednesday.

environmentNews reuters.com

China fines for environmental violations up 48 percent from Jan-Oct: ministry

SHANGHAI (Reuters) - China firms accused of violating environmental regulations paid fines totaling 1.02 billion yuan ($154 million) in the first 10 months of 2017, up 48 percent from a year earlier, the environment ministry said on Wednesday.

companyNews reuters.com

Internet Association asks for U.S. net neutrality vote delay

WASHINGTON, Dec 6 (Reuters) - The Internet Association, whose more than 40 members include companies like Google and Amazon, urged the Federal Communications Commission on Wednesday to delay a vote to repeal a 2015 order banning internet providers from blocking or throttling online content.

companyNews reuters.com

China's Ofo joins crowded Paris bike-share market

PARIS, Dec 6 (Reuters) - China's Ofo launched its dockless bicycles in Paris on Wednesday, becoming the fourth bike-sharing scheme operator in a city set to banish all combustion-engine cars by 2030.

environmentNews reuters.com

More than 200 nations promise to stop ocean plastic waste

NAIROBI (Reuters) - More than 200 countries signed a U.N. resolution in Nairobi on Wednesday to eliminate plastic pollution in the sea, a move some delegates hoped would pave the way to a legally binding treaty.

technologyNews reuters.com

Israeli firm's spyware used against Ethiopian dissidents: Canadian group

TORONTO/TEL AVIV (Reuters) - Surveillance software from Israeli defense contractor Elbit Systems Ltd was used in an espionage campaign targeting Ethiopian dissidents living outside the East African nation, a Canadian research institute said on Wednesday.

technologyNews reuters.com

Researchers say Ethiopia used Elbit products to spy on dissidents

TEL AVIV (Reuters) - Israeli defense company Elbit Systems' shares fell 1.7 percent in premarket Nasdaq trade after researchers claimed Ethiopia used products made by its Cyberbit unit to spy on dissidents.

technologyNews reuters.com

High tech, high finance and high times for U.S. pot industry

(Reuters) - Two years ago, Alan Gertner was head of Google's Asia-Pacific sales team in Singapore, handling more than $100 million in business.

technologyNews reuters.com

Farming startup Indigo raises $203 million with help from Dubai fund

SAN FRANCISCO (Reuters) - Farming technology startup Indigo has raised more than $200 million from investors to fund its efforts to reform how crops including wheat, soybeans, cotton and corn are grown around the world.

technologyNews reuters.com

Ireland says yet to agree exact date for Apple to start transferring tax funds

DUBLIN (Reuters) - Ireland expects Apple to start paying up to 13 billion euros ($15.36 billion) in back taxes into an escrow account once it is set up at the end of January, but an exact date has yet to be agreed.

topNews reuters.com

China pledges 'significant' market opening for foreign investors

BEIJING (Reuters) - China will "significantly" widen market access for foreign investors, state radio on Wednesday quoted vice premier Wang Yang as saying, following a recent move to raise foreign ownership limits in local financial firms.

Campaign Finance nytimes.com

China Scolds Australia Over Its Fears of Foreign Influence

The Chinese Embassy accused Australian officials of damaging “mutual trust,” a day after laws were proposed to curb interference by other countries in Australian politics.

businessNews reuters.com

Exclusive: Ford set for China tie-up with Alibaba to test online, direct auto sales - source

BEIJING (Reuters) - Ford Motor Co is expected to sign as early as Thursday a deal with Alibaba Group Holding Ltd which may allow the U.S. automaker to test selling cars to consumers in China through Alibaba's online retail arm Tmall, as well as via a new “auto vending machine” store concept, according to a Ford source familiar with the matter.

technologyNews reuters.com

Singapore drone frees your fingers to take photos

SINGAPORE (Reuters) - As more people shoot pictures and videos from consumer drones, researchers in Singapore have found a way round the frustrating task of framing and taking photos while manually piloting the craft. 

environmentNews reuters.com

China's warm start to winter heats up Chinese steel, mill profits

SHANGHAI (Reuters) - A warm start to the winter has boosted steel prices and margins for mills in China, the world's top producer, as the higher temperatures have allowed projects to proceed that would normally have come to a halt.

companyNews reuters.com

BRIEF-BP ‍To Build A New Lubricants Blending Plant In China​

* ‍NEW LUBRICANTS BLENDING PLANT IN CHINA WITH EXPECTED INVESTMENT OF AROUND RMB1.5 BILLION​

businessNews reuters.com

Exclsuive: China's Xiaomi seeks bank pitches for 2018 IPO - sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

technologyNews reuters.com

Apple's Cook optimistic that apps pulled in China will be back

HONG KONG (Reuters) - Apple Inc is optimistic that some of its popular apps removed from its China App Store this year to comply with government requests will be reinstated, the U.S. tech giant's Chief Executive Tim Cook said on Wednesday.

companyNews reuters.com

UPDATE 1-Apple's Cook optimistic that apps pulled in China will be back

* Cook has been criticised for bowing to pressure from Beijing

companyNews reuters.com

Apple's Cook says he sees China's Tencent as a great partner

HONG KONG, Dec 6 (Reuters) - Apple Inc's chief executive Tim Cook said on Wednesday he sees Tencent Holdings , China's biggest social network and gaming company, as a great partner and thinks very highly of its founder Pony Ma.

companyNews reuters.com

China's HNA Group to sell overseas property, dispose non-core assets - 21st Century Business Herald

BEIJING, Dec 6 (Reuters) - HNA Group Co Ltd's Chief Executive Officer Adam Tan said the aviation-to-financial services conglomerate is negotiating to sell overseas real estate as part of a strategic streamlining, according to an interview published by 21st Century Business Herald.

environmentNews reuters.com

China's smog-plagued Hebei draws up environmental tax plan

SHANGHAI (Reuters) - The smog-prone northern Chinese province of Hebei has drawn up plans to launch a comprehensive environmental protection tax starting in the new year that will give more incentives for local polluters to clean up, it said on Wednesday.

businessNews reuters.com

Exclusive: China's Xiaomi seeks bank pitches for 2018 IPO - sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

businessNews reuters.com

China's Xiaomi seeks bank pitches for 2018 IPO: sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

worldNews reuters.com

China accuses Australia of paranoia over foreign influence laws

MELBOURNE (Reuters) - China accused Australia of hysteria and paranoia on Wednesday after Prime Minister Malcolm Turnbull vowed to ban foreign political donations in a move to curb external influence on its domestic politics.

companyNews reuters.com

METALS-Shanghai copper prices fall sharply on China demand jitters

(Adds analyst comment, updates prices) BEIJING, Dec 6 (Reuters) - Shanghai copper fell more than 3 percent on Wednesday, tracking a steep drop on the LME as investors wound in profits on concerns China could see a weaker first half of next year. Analysts said besides a rise in copper inventories, the selloff was fuelled by concerns about liquidity tightness in China towards the year-end, amid a government-led deleveraging push, and slowing investment in the country's power sector, a ke

environmentNews reuters.com

China fines for environmental violations up 48 pct from Jan-Oct: ministry

SHANGHAI (Reuters) - China firms accused of violating environmental regulations paid fines totaling 1.02 billion yuan ($154 million) in the first 10 months of 2017, up 48 percent from a year earlier, the environment ministry said on Wednesday.

companyNews reuters.com

UPDATE 1-Apple, Facebook find something to praise China for amid internet clamp

WUZHEN, China, Dec 5 (Reuters) - Top executives at Apple Inc and Facebook Inc managed to find something to praise Beijing for at an internet conference in China this week, even as its Communist Party rulers ban Western social media and stamp on online dissent.

China nytimes.com

Inside China’s Big Tech Conference, New Ways to Track Citizens

The technologies for tracking citizens, and their wide acceptance in China, were on display at the World Internet Conference.

companyNews reuters.com

UPDATE 1-U.S. slaps duties on Vietnamese steel originating from China

WASHINGTON, Dec 5 (Reuters) - The U.S. Commerce Department on Tuesday slapped steep import duties on steel products from Vietnam that originated in China after finding they evaded U.S. anti-dumping and anti-subsidy orders.

companyNews reuters.com

BRIEF-Revenue And Chery Holding Group Enter JV For Manufacturing Of Specialty Vehicles In China

* REVENUE AND CHINA-BASED CHERY HOLDING GROUP ENTER JOINT VENTURE FOR THE MANUFACTURING OF SPECIALTY VEHICLES IN CHINA

technologyNews reuters.com

Maduro's cryptocurrency to fare no better than Venezuela itself: analysts

CARACAS (Reuters) - Venezuela's plan to create an oil-backed cryptocurrency faces the same credibility problems that dog the ruling Socialist Party in financial markets and is unlikely to fare any better than the struggling OPEC member itself, investors and technical experts say.

cnn.com

Chris Ruddy on Mueller investigation: Trump 'thinks there's nothing to it'

President Donald Trump thinks his involvement in the special counsel investigation "will be wrapped up pretty soon," according to Chris Ruddy, the CEO of Newsmax and a longtime friend of the President.

technologyNews reuters.com

Maduro's cryptocurrency to fare no better than Venezuela itself

CARACAS (Reuters) - Venezuela's plan to create an oil-backed cryptocurrency faces the same credibility problems that dog the ruling Socialist Party in financial markets and is unlikely to fare any better than the struggling OPEC member itself, investors and technical experts say.

companyNews reuters.com

UPDATE 3-Canada's Trudeau says will keep exploring trade deal with China

BEIJING, Dec 5 (Reuters) - Canada's trade minister extended his stay in Beijing on Tuesday in a bid to salvage early talks on a free trade agreement with China, but Canada faces tough choices after the United States threatened to pull out of NAFTA.

technologyNews reuters.com

Xunlei tumbles as cryptocurrency worries swirl

(Reuters) - Shares in Chinese technology company Xunlei Ltd sank 12 percent on Tuesday, taking falls in the stock past 40 percent in two weeks as investors debated whether the company is set to benefit or suffer from a boom in cryptocurrency stock plays.

technologyNews reuters.com

Wal-Mart to integrate physical, online units in Brazil

(Reuters) - The Brazilian unit of Wal-Mart Stores Inc. has decided to integrate its physical retail and e-commerce activities, as well as expand its so-called online marketplace operations, the company said in a statement on Tuesday.

technologyNews reuters.com

Dish co-founder Ergen steps down from CEO role to focus on wireless

(Reuters) - Dish Network Corp said on Tuesday co-founder Charlie Ergen has stepped down from his chief executive role to devote more time to build out the company's wireless business.

companyNews reuters.com

Cheniere boosts LNG tanker fleet amid Asian demand boom

LONDON, Dec 5 (Reuters) - U.S. liquefied natural gas (LNG) producer Cheniere Energy has expanded its shipping fleet with a flurry of spot vessel charters to keep up with Asian winter demand growth as spot prices hit three-year highs, market sources said.

technologyNews reuters.com

Dish Network founder steps down from CEO role to focus on wireless

(Reuters) - Dish Network Corp said on Tuesday Chief Executive Charlie Ergen has stepped down to devote more time to the company's emerging wireless business.

cnn.com

Ball: I think my son has had enough

In an interview with CNN's Chris Cuomo, LaVar Ball explains why he pulled his son, LiAngelo, from UCLA, saying the punishment has been enough.

cnn.com

Ex-House Majority Leader on Moore: 'I think he deserves to lose'

Former GOP House Majority Leader Eric Cantor said Tuesday that Republican Senate candidate Roy Moore doesn't deserve to win the special election in Alabama.

technologyNews reuters.com

Bitcoin hits new record high of $11,850

LONDON (Reuters) - Bitcoin powered to a record high of $11,850 on Tuesday, continuing its surge from below $1,000 at the start of the year.

technologyNews reuters.com

International police operation shuts down 'Andromeda' malware system

AMSTERDAM (Reuters) - A joint operation involving Germany, the United States and Belarus has taken down a malware system known as "Andromeda" or "Gamarue" that infected more than 2 million computers globally, Europol said on Tuesday.

technologyNews reuters.com

'Smart bags' may not fly if battery cannot be removed

GENEVA (Reuters) - "Smart suitcases" may be able to charge mobile phones or be easily found if misplaced, but unless their battery can be removed they risk being sent packing by the world's airlines.

technologyNews reuters.com

Exclusive: More Chinese lenders plan to pursue RCom in insolvency court - sources

HONG KONG/MUMBAI/BEIJING (Reuters) - Two major Chinese lenders plan to support a move by China Development Bank to put Indian wireless carrier Reliance Communications (RCom) into insolvency court as they seek to recover about $2 billion in debt, said three people with knowledge of the matter.

technologyNews reuters.com

iPhone market share slips in October-quarter: research firm

(Reuters) - The market share of Apple Inc's iPhone declined in key regions in the three months ended October, hurt by the unavailability of the iPhone X during that time, research firm Kantar Worldpanel ComTech said on Tuesday.

Ford Motor Co nytimes.com

China Will Lead an Electric Car Future, Ford’s Chairman Says

Ford Motor said Tuesday that it planned to offer 15 new models in China by 2025 that run at least in part on batteries.

technologyNews reuters.com

Chinese investor increases stake in Dialog Semi to over 7 percent

FRANKFURT (Reuters) - China's top state silicon chipmaker has indirectly raised its stake in Dialog Semiconductor , whose share price has plummeted on signs it could lose its top customer Apple Inc .

technologyNews reuters.com

Chinese investor lifts stake in Dialog Semi to over 7 percent

FRANKFURT (Reuters) - An investment vehicle owned by Tsinghua Unigroup Ltd, China's top state silicon chipmaker, has raised its stake in Anglo-German Dialog Semiconductor to 7.15 percent, according to a regulatory filing on Tuesday.

environmentNews reuters.com

In China gas push, one-size doesn't fit all as CNOOC hires tankers

BEIJING (Reuters) - Local authorities in China should not use a one-size-fits-all approach to implement the country's push to heat millions of homes with natural gas this winter, the official English language paper China Daily said in an editorial on Tuesday.

companyNews reuters.com

Apple, Facebook find something to praise China for amid internet clamp

WUZHEN, China, Dec 5 (Reuters) - Top executives at Apple Inc and Facebook Inc managed to find something to praise Beijing for at an internet conference in China this week, even as its Communist Party rulers ban Western social media and stamp on online dissent.

companyNews reuters.com

UPDATE 2-Ford ramps up electric vehicle push in China amid slowing sales

* China pushing market towards new-energy vehicles (Adds pictures to media information)

businessNews reuters.com

China's budding coffee culture propels Starbucks, attracts rivals

SHANGHAI/LOS ANGELES (Reuters) - In Wu Qiong's small cafe in downtown Shanghai, coffee beans nestle in glass jars on the bar while various brews bubble away behind the counter.

businessNews reuters.com

Ford ramps up electric vehicle push in China amid slowing sales

SHANGHAI (Reuters) - Ford Motor Co will launch 50 new vehicles in China by 2025, including 15 electrified vehicles, the U.S. firm said at an event in Shanghai on Tuesday, as it looks to rev up sales growth in the market and shift towards cleaner electric cars.

companyNews reuters.com

UPDATE 1-Ford ramps up electric vehicle push in China amid slowing sales

* China pushing market towards new-energy vehicles (Adds details, executive comments)

companyNews reuters.com

METALS-Base metals slip on profit-taking, shrug off positive China data

(Recasts, updates prices) By James Regan SYDNEY, Dec 5 (Reuters) - Base metals slipped into negative territory on Tuesday despite positive Chinese services data, as investors locked in profits on recent gains in nickel and copper. Earlier in the day, UBS raised its forecast for electric vehicles, which eventually led to an upgrade in the 2020-2021 nickel outlook. However, the brokerage warned that a vast inventory pile of metal and ore means it will be difficult to see nickel prices

companyNews reuters.com

UPDATE 2-Canada's Trudeau says will keep exploring trade deal with China

BEIJING, Dec 5 (Reuters) - Canada will continue to explore a free trade agreement with China, Canadian Prime Minister Justin Trudeau said, as it weighs its options after the United States threatened to pull out of the North American Free Trade Agreement (NAFTA).

businessNews reuters.com

Ford to launch 50 new vehicles in China by 2025

SHANGHAI (Reuters) - Ford Motor Co will launch 50 new vehicles in China by 2025, including 15 electrified vehicles, Peter Fleet, head of Ford Asia Pacific, told a news conference on Tuesday.

Rohingya (Ethnic Group) nytimes.com

Op-Ed Contributor: Behind China’s Attempt to Ease the Rohingya Crisis

Myanmar’s ethnic-cleansing generals will be able to retreat deeper into China’s orbit, unburdened by any fears of being held accountable.

India nytimes.com

Google Missed Out on China. Can It Flourish in India?

As major companies chase India’s new internet users, Google is changing core products to work better on low-end smartphones and use less data.

worldNews reuters.com

New Zealand foreign minister praises China ties, damps fears of protectionism

WELLINGTON (Reuters) - New Zealand will develop a close relationship with China, Foreign Minister Winston Peters said on Tuesday, putting to rest fears that his protectionist campaign rhetoric would fuel tension with a key trading partner.

companyNews reuters.com

GM says China November vehicle sales up 13 pct y/y

BEIJING, Dec 5 (Reuters) - General Motors Co's sales in China rose 13 percent in November from a year ago to 418,225 vehicles, following an increase of 11 percent in October, the company said on Tuesday.

technologyNews reuters.com

Australian retailers rally as Amazon gets cool reception

SYDNEY (Reuters) - Amazon.com Inc's Australian arm took its first orders on Tuesday, ending the suspense over its opening date and sending retail stocks higher amid complaints of limited product range and uncompetitive prices on the U.S. e-commerce platform.

cnn.com

World's biggest Starbucks just opened in China

businessNews reuters.com

With China's push on gas heating, one-size doesn't fit all, says China Daily

BEIJING (Reuters) - Local authorities in China should not use a one-size-fits-all approach to implement the country's push to heat millions of homes with natural gas this winter, the official English language paper China Daily said in an editorial on Tuesday.

worldNews reuters.com

Australia, citing concerns over China, cracks down on foreign political influence

SYDNEY (Reuters) - Australia, concerned about rising Chinese influence, will ban foreign political donations as part of a crackdown aimed at preventing external interference in domestic politics, Prime Minister Malcolm Turnbull said on Tuesday.

businessNews reuters.com

Dalian Wanda sold major China ski resort in June: report

HONG KONG (Reuters) - Dalian Wanda Group sold one of China's largest ski resorts to another conglomerate in June, online news website The Paper reported, although it did not give a deal value for the site billed by Wanda as a $3 billion investment project.

companyNews reuters.com

RPT-China's services sector grows at stronger pace in Nov - Caixin PMI

BEIJING, Dec 5 (Reuters) - - Growth in China's services sector activity picked up to a three-month high in November, buoyed by a solid rise in new business, though the rate of expansion remained moderate and weaker than the long-run trend, a private survey showed on Tuesday.

technologyNews reuters.com

Nissan, DeNA schedule public tests of self-driving car service in Japan next year

TOKYO (Reuters) - Nissan Motor Co and Japanese gaming software maker DeNA Co said on Tuesday they would begin public tests of their self-driving ride-sharing service in Japan next year.

sportsNews reuters.com

Basketball player Trump helped to leave China after shoplifting arrest leaves UCLA

(Reuters) - A UCLA basketball player who was arrested for shoplifting in China and whose father later engaged in a public dispute with U.S. President Donald Trump will leave the university and prepare for the NBA draft next year, the player's father told media on Monday.

companyNews reuters.com

BRIEF-Hardwoods Distribution ‍Estimates That About 11% Of Its Total Sales Is Product Imported From China That Would Be Subject To Trade Case​

* HARDWOODS ANNOUNCES UPDATE REGARDING US TRADE INVESTIGATION AGAINST CHINESE IMPORT PLYWOOD

cnn.com

New challenge takes internet

There was the planking challenge, the mannequin challenge, and now, the latest trend to take social media by storm is the "invisible box challenge."

technologyNews reuters.com

U.S. SEC's cyber unit files charges in alleged initial coin offering fraud

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Monday its newly created cyber unit had filed its first charges against an "initial coin offering" (ICO), alleging that a privately held company called PlexCorps and its top two officials had defrauded investors.

technologyNews reuters.com

NY attorney general asks for net neutrality vote to be put off

WASHINGTON (Reuters) - New York's attorney general urged the Federal Communications Commission to delay a vote rolling back net neutrality rules because of the large number of fake comments submitted to the agency on the issue.

technologyNews reuters.com

Siemens, Brazilian prosecutors eyeing settlement over bribery lawsuit: newspaper

RIO DE JANEIRO (Reuters) - German industrial group Siemens AG is negotiating a settlement worth more than 1 billion reais ($307 million) with Brazilian state prosecutors over a civil case related to probes into whether bribes were paid to win train contracts, according to a Monday newspaper report.

worldNews reuters.com

South Africa's Ramaphosa gets most nominations ahead of ANC leadership vote

JOHANNESBURG (Reuters) - South African Deputy President Cyril Ramaphosa has received the most nominations for leader of the ruling African National Congress (ANC) ahead of a party vote this month, voting data from the country's nine provinces show.

technologyNews reuters.com

Self-driving costs could drop 90 percent by 2025, Delphi CEO says

DETROIT (Reuters) - Delphi Automotive Plc, which is changing its name to Aptiv Inc, wants to cut the cost of self-driving cars by more than 90 percent to around $5,000 by 2025, according to Chief Executive Officer Kevin Clark.

technologyNews reuters.com

Micro-lender China Rapid Finance spots opportunity in new rules

BEIJING (Reuters) - China Rapid Finance will make any adjustments needed to its business practices and the fees it charges in response to Bejing's new requirements to clean up fast-growing online micro-lenders, its chief executive Zane Wang said on Monday.

cnn.com

Ad: Students 'won't feel like you're in China'

technologyNews reuters.com

Facebook rolls out messenger app for kids under 13

(Reuters) - Facebook Inc on Monday rolled out Messenger Kids, an app that lets the world's biggest social media company expand into a so-far untapped market of kids under 13 while also giving parents complete control over what their children see.

technologyNews reuters.com

Chipmaker Dialog plunges further on fears Apple could go it alone

LONDON/FRANKFURT (Reuters) - Shares in Dialog Semiconductor dropped as much as 23 percent on Monday after the company acknowledged for the first time that top customer Apple could develop its own battery-saving chips used in iPhones.

technologyNews reuters.com

SEC's cyber unit files charges in alleged initial coin offering fraud

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Monday its newly created cyber unit had filed its first charges against an "initial coin offering" (ICO), alleging that a privately held company called PlexCorps and its top two officials had defrauded investors.

technologyNews reuters.com

Direct Line offers 5-percent Tesla 'auto-pilot' incentive

(Reuters) - Britain's largest motor insurer Direct Line is offering Tesla Inc drivers in Britain a 5-percent discount for switching on the car's autopilot system, seeking to encourage use of a system it hopes will cut down on accidents.

technologyNews reuters.com

SEC's Cyber Unit files first charges, alleges fraud scheme

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Monday said its new Cyber Unit has filed its first charges, alleging that a privately held company called PlexCorps and its top two officials had defrauded investors.

topNews reuters.com

Special Report: Hidden peril awaits China's banks as property binge fuels mortgage fraud frenzy

SHANGHAI/HONG KONG/BEIJING (Reuters) - When Zhu Chenxia bought a flat early last year from Lei Yarong in the up-market Nanshan district of China's southern metropolis of Shenzhen, the two women drew up three purchase agreements to cover the deal.

environmentNews reuters.com

China suspends flights from Bali to China due to volcanic ash: report

SHANGHAI (Reuters) - China's aviation authority has suspended all flights from the Indonesian holiday island of Bali to Chinese cities until the threat of volcanic ash clears, the state-run People's Daily newspaper reported on Monday.

technologyNews reuters.com

Facebook opens new London hub, to create 800 UK jobs

LONDON (Reuters) - Facebook opened its new London office on Monday and said it would add another 800 jobs in the capital next year, underlining its commitment to Britain as the country prepares for Brexit.

companyNews reuters.com

UPDATE 3-Lexinfintech delays US IPO pricing as China reins in micro-loan sector -source

* New rules include ban on loans to borrowers with no income (Adds details on loans granted by Chinese micro lenders)

technologyNews reuters.com

China think tank calls for 'democratic' internet governance

WUZHEN, China (Reuters) - China ranks fifth among 38 nations globally in standards of cyber governance, a top state-backed internet think tank said on Monday, calling for a 'democratic' internet governance system to eradicate inequalities it said marginalized developing nations.

worldNews reuters.com

China says resurfacing tensions on Korean peninsula regrettable

BEIJING (Reuters) - Chinese Foreign Minister Wang Yi said on Monday that after two months of relative calm on the Korean peninsula, the resurfacing of tensions was regrettable.

companyNews reuters.com

UPDATE 2-Lexinfintech delays US IPO pricing as China reins in micro-loan sector -source

BEIJING, Dec 4 (Reuters) - Chinese consumer lending firm Lexinfintech will delay the pricing of its planned Nasdaq IPO to conduct more due diligence, a source with direct knowledge of the situation said - a move that comes after Beijing issued new rules to tighten control of the micro-loan sector.

companyNews reuters.com

MOVES-Former BlackRock governance leader Oleksiuk joins Evercore-sources

Dec 3 (Reuters) - Zach Oleksiuk, the former leader of asset manager BlackRock Inc's investment stewardship team in the Americas, has joined New York-based investment bank Evercore Inc, people familiar with the matter said on Sunday.

companyNews reuters.com

BRIEF-Accenture Appoints Wei Zhu As Chairman Of Accenture Greater China

* ACCENTURE APPOINTS FINANCIAL SERVICES EXECUTIVE WEI ZHU CHAIRMAN OF ACCENTURE GREATER CHINA

companyNews reuters.com

METALS-London copper shrugs off firmer dollar as China demand supports

MELBOURNE, Dec 4 (Reuters) - London copper held its ground on Monday, defying a stronger dollar to find support from resilient manufacturing demand in top consumer China. FUNDAMENTALS * COPPER: London Metal Exchange copper edged up by 0.1 percent to $6,841 a tonne by 0228 GMT, adding to 1.1 percent gains from the previous session. Prices last week fell by 2.4 percent trimming copper's advance for the year to 23 percent, still its largest advance since 2010. * SHFE: Shanghai

companyNews reuters.com

UPDATE 1-China's Lexinfintech to conduct additional IPO due diligence, to delay listing - source

BEIJING, Dec 4 (Reuters) - Chinese consumer lending platform Lexinfintech will undergo additional due diligence for its planned initial public offering on the Nasdaq, according to a source with direct knowledge of the situation.

companyNews reuters.com

China's Lexinfintech to conduct additional IPO due diligence, to delay listing - source

BEIJING, Dec 4 (Reuters) - Chinese consumer lending platform Lexinfintech will undergo additional due diligence for its planned initial public offering on the Nasdaq, according to a source with direct knowledge of the situation.

businessNews reuters.com

Shareholders sue Australia's Crown Resorts over China marketing

SYDNEY (Reuters) - Australian casino operator Crown Resorts Ltd was slapped with a class action lawsuit on Monday for allegedly failing to inform shareholders of a marketing campaign in China that resulted in staff arrests and a slump in the share price.

China nytimes.com

China’s A.I. Advances Help Its Tech Industry, and State Security

Global car brands and Chinese authorities alike embrace iFlyTek’s voice recognition know-how, illustrating the dystopian possibilities behind the technology.

United States International Relations nytimes.com

As China Rises, Australia Asks Itself: Can It Rely on America?

The government and a prominent strategist clash on whether the United States will remain dominant in Asia, and whether Australia should go it alone.

technologyNews reuters.com

TIM's board to discuss network options this week: source

MILAN (Reuters) - The board of Telecom Italia (TIM) will this week discuss options for its fixed-line network, including possibly splitting it off, although no decision is expected to be made, a source close to the company said on Sunday.

Censorship nytimes.com

China’s Top Ideologue Calls for Tight Control of Internet

Speaking to an audience that included the heads of Apple and Google, Wang Huning said China should be free to govern, and censor, its internet.

technologyNews reuters.com

Apple's Tim Cook says developers have earned $17 billion from China App Store

WUZHEN, China (Reuters) - Apple Inc's chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan ($16.93 billion), representing roughly a quarter of total global App Store earnings.

companyNews reuters.com

Apple's Tim Cook says developers have earned $17 bln from China App Store

WUZHEN, China Dec 3 (Reuters) - Apple Inc's chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan ($16.93 billion), representing roughly a quarter of total global App Store earnings.

companyNews reuters.com

UPDATE 1-China's Xi says country will not close door to global internet

WUZHEN, China Dec 3 (Reuters) - Chinese President Xi Jinping said on Sunday the country will not close its door to the global internet, but that cyber sovereignty is key in its vision of internet development.

technologyNews reuters.com

For security agencies, blockchain goes from suspect to potential solution

(Reuters) - Police and security agencies have so far only taken an interest in blockchain - the distributed ledger technology behind cryptocurrencies like bitcoin - for tracking criminals hiding illegal money from banks.