Archive for August 24th, 2020

Meituan Dianping’s quarterly earnings beat estimates as China food delivery market recovers

24-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Meituan Dianping, China’s largest on-demand services provider, beat second-quarter earnings estimates on Friday, as demand for food delivery recovered across the [...] » More

China’s navy goes back to work on big ambitions but long-term gaps remain

24-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

China’s efforts to modernise and expand its naval forces have once again kicked into high gear after disruptions caused by the Covid-19 pandemic, pressing on with [...] » More

China keen to boost cooperation with Asean, top diplomat tells Singaporean leader

China keen to boost cooperation with Asean, top diplomat tells Singaporean leader

24-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

China is keen to work with its Southeast Asian neighbours to promote regional stability and boost the economy, Beijing’s top diplomat said on Thursday in Singapore. In [...] » More

China approves human testing for coronavirus vaccine grown in insect cells

China approves human testing for coronavirus vaccine grown in insect cells

24-Aug-2020 Intellasia | Reuters | 6:02 AM

China has approved human testing for a potential coronavirus vaccine cultivated within insect cells, local government in the southwestern city of Chengdu said on Saturday. [...] » More

UCar completes 53 per cent loss in week as Luckin Coffee scandal continues to infect owner of China’s top ride-hailing firm

24-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Ucar, owner of one of China’s biggest ride-hailing firms, slumped 53 per cent this week after investors dumped the stock upon resumption of trading as it sought more [...] » More

China’s electric car start-ups accelerate plans to grab market share, but mainland Chinese buyers can’t look beyond Tesla

24-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Tesla’s China challengers want to replicate the world’s best-selling electric carmaker’s success at home. But the road to success is long and arduous, which [...] » More

Inside China Tech: US sanctions leave Huawei all shook up

24-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Hello, This is Bien Perez from the South China Morning Post’s Technology desk, with a wrap of our leading stories this week. The Trump administration has put the brakes [...] » More

Japan reports 984 new cases of COVID-19, 62,046 in total

24-Aug-2020 Intellasia | Xinhua | 6:02 AM

The confirmed COVID-19 cases in Japan increased by 984 to reach 62,046 as of Saturday night, according to the latest figures from the health ministry and local authorities. [...] » More

India, Japan, Australia keen to boost supply chain security by reducing reliance on China

24-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Japan, India and Australia are moving towards a new trilateral effort to ensure global supply chains and reduce dependence on China in the event of another catastrophe like [...] » More

Japan will allow all foreign residents to re-enter the country starting in September

24-Aug-2020 Intellasia | TimeOut | 6:02 AM

Covid-19 coronavirus has caused Japan to close its borders to arrivals from 146 nations and regions and deny re-entry even to its foreign residents. Initially, foreign [...] » More

Japan’s office worker struggles to adjust to a ‘new normal’

24-Aug-2020 Intellasia | Japan Times | 6:02 AM

“New normal” is an old phrase, traceable to science fiction author Robert Heinlein’s 1966 novel, “The Moon is a Harsh Mistress.” It’s [...] » More

Japan to ease entry restrictions for foreign students

24-Aug-2020 Intellasia | Kyodo News | 6:02 AM

Japan has decided to ease entry restrictions for foreign students, imposed to curb the novel coronavirus, possibly within this month, government sources said Saturday. Japan [...] » More

Est. 57pct of Japan teachers worked past karoshi threshold in July amid pandemic: survey

24-Aug-2020 Intellasia | Mainichi | 6:02 AM

Fifty-seven percent of public school teachers across Japan worked over 80 hours of overtime in the month of July passing the threshold for increased risk of death by [...] » More

Japan’s consumer prices mired as deflation spectre looms

24-Aug-2020 Intellasia | Reuters | 6:02 AM

Japan’s core consumer prices were stubbornly unchanged in July, dashing hopes for a modest rise as the coronavirus pandemic hit household demand and revived fears of a [...] » More

Japan’s recovery hopes hit by August factory activity contraction PMI

24-Aug-2020 Intellasia | Reuters | 6:02 AM

Japan’s factory activity extended its fall in August for a 16th month, casting doubt over manufacturers’ hopes for a rapid recovery as they struggled with the [...] » More