Partners Group opens Hong Kong office as Swiss swoop in for Chinese cash
HONG KONG -- Swiss private equity firm Partners Group has opened an office in Hong Kong, the first stop for wealthy Chinese who are seeking to diversify into offshore markets.
Asian news from China
Philippines wants China economic ties despite tensions: top official
TOKYO -- The Philippines' economic planning chief says the country is open to investment from and trade with "any country, including China," even as tensions between the two keep growing in the South China Sea.
China says Japan has 'no right to intervene' in sea dispute with Philippines
TOKYO -- China on Friday said Japan has "no right to intervene" in its maritime dispute with the Philippines, after Tokyo expressed serious concern over repeated confrontations in the South China Sea including a particularly tense one on Monday.
U.S. proposes targeted restrictions for AI, tech investment in China
WASHINGTON/NEW YORK (Reuters) -- The United States on Friday issued what it described as targeted draft rules for banning or requiring notification of certain U.S. investments in artificial intelligence and other technology sectors in China that could threaten U.S. national security.
SoftBank CEO says AI that is 10,000 times smarter than humans will come out in 10 years
Artificial intelligence that is 10,000 times smarter than humans will be here in 10 years, SoftBank CEO Masayoshi Son said on Friday, in a rare public appearance during which he questioned his own purpose in life.
Experts say Shein's U.S. IPO is all but dead
China-founded e-commerce company Shein's hopes of going public in the United States are growing slimmer by the day, according to experts, as rising tensions between Beijing and the U.S. roil business and trade.
China sanctions several Lockheed Martin units, three executives over arms deals with Taiwan
BEIJING (AP) — China said Friday it has banned a number of business units of American aviation manufacturer Lockheed Martin Corp. and three of its executives over arms deals the company has signed with Taiwan, the self-ruling island it claims as its own territory.
South China Sea: 4 Chinese Navy ships spotted by Philippines may pave way for big clash
Military public affairs chief Colonel Xerxes Trinidad said in a statement that the four ships, including two People’s Liberation Army Navy destroyers, a frigate and a replenishment oiler, were spotted on Wednesday afternoon in the Balabac Strait off Palawan island.