Archive for November 14th, 2019

China has been slashing its electric car subsidies. That could backfire

14-Nov-2019 Intellasia | CNN | 6:02 AM

China wants to boost its adoption of electric vehicles. So far, that hasn’t been easy. Data released this week suggests that the Chinese market for new energy vehicles [...] » More

Alibaba posts record $38 billion in sales for China’s 11.11 shopping frenzy

14-Nov-2019 Intellasia | ZDNet | 6:02 AM

After 24 hours, Alibaba Group’s annual 11.11 Global Shopping Festival, also known as Singles’ Day, has amassed a record-high total gross merchandise volume (GMV) [...] » More

The Latest: China tells US not to interfere in HK

14-Nov-2019 Intellasia | AP | 6:02 AM

The Latest on the Hong Kong protests (all times local): 6:15 p.m. Taiwan’s President Tsai Ing-wen is calling on Hong Kong’s government to cease “acts of [...] » More

Chinese scientists pleads guilty to technology theft

14-Nov-2019 Intellasia | AFP | 6:02 AM

A Chinese scientist pleaded guilty on Tuesday to stealing next-generation battery technology from the American petroleum company where he worked, the Department of Justice [...] » More

Bitcoin hailed as ‘success’ by China in dramatic shift in attitude

14-Nov-2019 Intellasia | The Independent | 6:02 AM

A state-run newspaper in China has published a front-page story hailing bitcoin as the first successful application of blockchain technology. The praise marks a significant [...] » More

China’s Grand Plan To Take Over The World

14-Nov-2019 Intellasia | Forbes | 6:02 AM

When the US and ultimately the rest of the Western world began to engage China, resulting in China finally being allowed into the World Trade Organisation in the early 2000s, [...] » More

Tesla’s Chinese challenger Evergrande slams brakes on electric car investments amid slowing sales

14-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

China Evergrande plans to slow down its pace of investments in electric vehicles as sales of the environmentally friendly cars continue to fall in the mainland, but the [...] » More

Seoul-Tokyo row risks sending ‘wrong message’: USFK chief

Seoul-Tokyo row risks sending ‘wrong message’: USFK chief

14-Nov-2019 Intellasia | AFP | 6:02 AM

Seoul’s decision to terminate a key military intelligence sharing pact with Japan risks sending the “wrong message” to adversaries, the commander of US [...] » More

Japan, US say 3-way ties with Korea are key to security

14-Nov-2019 Intellasia | MilitaryTimes | 6:02 AM

The chair of the US Joint Chiefs of Staff, Gen. Mark Milley, agreed with Japanese officials Tuesday that three-way cooperation with South Korea is key to regional security [...] » More

Abe’s mission unaccomplished: pushing to revise Japan’s pacifist charter

Abe’s mission unaccomplished: pushing to revise Japan’s pacifist charter

14-Nov-2019 Intellasia | Reuters | 6:02 AM

Prime minister Shinzo Abe surged back to power seven years ago, pledging to bolster Japan’s defences in response to a growing threat from China and aiming to amend the [...] » More

Japan scraps cherry blossom party amid Abe cronyism criticism

14-Nov-2019 Intellasia | AFP | 6:02 AM

The Japanese government said Wednesday it would scrap next year’s annual cherry blossom party after prime minister Shinzo Abe came under fire amid claims he invited too [...] » More

Toshiba reports best profit in two years, to buy out 3 listed units

14-Nov-2019 Intellasia | Reuters | 6:02 AM

Japan’s Toshiba Corp posted its highest quarterly profit in two years on Wednesday and said it will buy out three of its listed subsidiaries as the industrial [...] » More

Japan’s Fast Retailing enlists robotics startups to automate warehouses

14-Nov-2019 Intellasia | Reuters | 6:02 AM

Japanese fashion group Fast Retailing Co Ltd (9983.T), owner of clothing chain Uniqlo, on Wednesday said it has partnered two robotics startups to help improve efficiency in [...] » More

Japan spacecraft starts yearlong journey home from asteroid

14-Nov-2019 Intellasia | AFP | 6:02 AM

Apple’s AR headset and glasses are still years away Japan’s Hayabusa2 spacecraft departed from a distant asteroid on Wednesday, starting its yearlong journey home [...] » More

Tokyo to vote for governor three weeks before Olympics

14-Nov-2019 Intellasia | AFP | 6:02 AM

Tokyo will hold an election to pick a governor on July 5, 2020, less than three weeks before the Japanese capital hosts the Olympic Games, the city said Wednesday. Incumbent [...] » More