Asia News Headlines
Relationship goals: Ford tries to rebuild trust with China partners
BEIJING (Reuters) - After 20-odd years of "marriage" in China, Ford Motor Co is having relationship issues.
Alibaba to invest extra $2 billion in Lazada in aggressive Southeast Asian expansion
BEIJING (Reuters) - Alibaba Group Holding Ltd
said it will invest an extra $2 billion in Southeast Asian e-commerce firm Lazada Group and tapped a top executive to run the business, as it takes on rivals such as tech titan Amazon in an aggressive expansion in the region.
Hyundai Motor shares slide following U.S. probe of air bag failures
SEOUL (Reuters) - Shares in Hyundai Motor tumbled on Monday on a U.S. probe into why air bags failed to deploy in some of its Sonata sedans, with investors fretting about potential recall costs for the once popular cars.
Former Vietnam politburo member back in court on suspicion of corruption
HANOI (Reuters) - A former member of Vietnam's Politburo went on trial on Monday for alleged financial irregularities at a state-owned enterprise, the latest case in a crackdown on corruption, his lawyer told Reuters.
Reuters Sports Schedule at 0600 GMT on Monday
Reuters sports schedule at 0600 GMT on Monday:
FOCUS-Relationship goals: Ford tries to rebuild trust with China partners
BEIJING, March 19 (Reuters) - After 20-odd years of "marriage" in China, Ford Motor Co is having relationship issues.
How China's ride-hailing giant Didi plans to challenge Uber in Mexico
MEXICO CITY/SAN FRANCISCO (Reuters) - Working quietly from a shared office space in one of Mexico City's trendiest neighborhoods, China's ride-hailing giant Didi Chuxing is planning to hit its archrival Uber where it hurts.
Shares mixed, yen firm as anxious markets await Fed
SYDNEY (Reuters) - Asian share markets traded mixed on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest rates and perhaps signal that as many as three more lie in store for the rest of the year.
China's new home price growth slows as big cities decline
(Reuters) - China's new home price growth slowed in February from the previous month as a raft of government curbs aimed at tempering speculative demand softened prices in the biggest cities, although strength seen in smaller centers remained intact.
Japan PM takes blame for loss of trust over scandal as polls dive, denies involvement
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe, his popularity plunging amid a cronyism scandal, took responsibility on Monday for a loss of trust in his government but denied he or his wife had intervened in a land sale to a school operator with ties to his wife.
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