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Reports asian news

MARRIAN ZHOU - Nikkei staff writer - Temu parent PDD's shares rise after revenue beats estimates - asia.nikkei.com - China - New York

Temu parent PDD's shares rise after revenue beats estimates

NEW YORK -- PDD Holdings stock climbed 2% in early trading here Wednesday after the Chinese e-commerce giant reported better-than-expected earnings in the fourth quarter amid overseas expansion.

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Joe Biden - Gina Raimondo - KEN MORIYASU - CHENG TINGFANG and LAULY LI - Nikkei staff writers - Intel to receive up to $8.5bn in U.S. CHIPS Act grant - asia.nikkei.com -  Taipei - Washington - county Will - state Arizona

Intel to receive up to $8.5bn in U.S. CHIPS Act grant

WASHINGTON/TAIPEI -- Intel will receive up to $8.5 billion in grants and $11 billion in loans from the U.S. government to produce cutting-edge semiconductors in the biggest deployment of funds under the CHIPS and Science Act.

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Tsai Ing - Joseph Wu - Taiwan warns of 'enormous' Chinese bases in South China Sea - asia.nikkei.com - China - Taiwan - Philippines -  Taipei

Taiwan warns of 'enormous' Chinese bases in South China Sea

TAIPEI (Reuters) -- Taiwan's foreign minister said on Wednesday that China has built "enormous" military bases on three islands surrounding Taiwan's main holding in the South China Sea, but Taipei is not looking to further escalate tensions in the strategic waterway.

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KENJI KAWASE - Nikkei Asia chief business news correspondent - China auto price war is 'normal' for growth, Geely says after posting profit - asia.nikkei.com - China - Hong Kong

China auto price war is 'normal' for growth, Geely says after posting profit

HONG KONG -- China's Geely Automobile Holdings on Wednesday reported solid results for 2023, shrugging off the fierce price competition in the world's largest auto market.

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Kim Jong Un - North Korea's Kim guides new solid-fuel engine test, KCNA says - asia.nikkei.com - Usa - North Korea -  Seoul

North Korea's Kim guides new solid-fuel engine test, KCNA says

SEOUL (Reuters) -- North Korean leader Kim Jong Un guided a ground test of a solid-fuel engine for a new type of intermediate-range hypersonic missile as part of a program of developing national defense capability, state news agency KCNA reported on Wednesday.

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Kazuo Ueda - Japanese yen hits near 4-month low of 151 per dollar - asia.nikkei.com - Japan - Singapore -  Singapore

Japanese yen hits near 4-month low of 151 per dollar

SINGAPORE (Reuters) -- The yen languished near a four-month low against the U.S. dollar and a 16-year trough against the euro on Wednesday, a day after the Bank of Japan's widely anticipated decision to end its negative interest rate policy.

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Two Pakistani women get death sentence for ‘blasphemy’ murder of teacher - aljazeera.com - Pakistan - province Pakhtunkhwa

Two Pakistani women get death sentence for ‘blasphemy’ murder of teacher

Women aged 23 and 24 sentenced to death while a minor is jailed for life for the 2022 killing of a young teacher.

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AP documents grueling conditions in Indian shrimp industry that report calls “dangerous and abusive” - apnews.com - Usa - Thailand - India - San Francisco -  Chicago

AP documents grueling conditions in Indian shrimp industry that report calls “dangerous and abusive”

SAN FRANCISCO (AP) — Noriko Kuwabara was excited to try a new recipe she’d seen on social media for crispy shrimp spring rolls, so she and her husband headed to Costco’s frozen foods aisle. But when she grabbed a bag of farm-raised shrimp from the freezer and saw “Product of India,” she wrinkled her nose.

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