Asia News Headlines
Former Qualcomm chairman explores long-shot bid for U.S. chip maker: sources
(Reuters) - Former Qualcomm Inc
Chairman Paul Jacobs has informed its board of directors that he will seek to partner with investment firms to make an offer for the U.S. semiconductor company, people familiar with the matter said on Thursday.
Trade body urges EU to scrap changes to supervision of funds
LONDON (Reuters) - A major revamp of how investment funds are managed and regulated in Europe appears to be aimed at taking business from Britain and should be scrapped as there is no evidence it is needed, leading international trade body ICI Global said.
Global court regrets Philippine decision to leave
AMSTERDAM (Reuters) - The president of the International Criminal Court's member assembly said on Friday he regretted an announcement by the Philippines that it intends to withdraw from the court.
Hong Kong's richest, Li Ka-shing, retires at 89 after working 'too long'
HONG KONG (Reuters) - Hong Kong's richest man, Li Ka-shing, announced his retirement as chairman of CK Hutchison Holdings Ltd <0001.HK> on Friday, bringing to a close a rags-to-riches story that made him a hero in the freewheeling capitalist hub.
Russia central bank says may switch to neutral monetary policy by year-end
MOSCOW (Reuters) - The Russian central bank said on Friday it could switch to a neutral monetary policy by the end of the year, sending a signal that it may cut rates quicker than expected.
Hong Kong's CLP says finalizing environmental study for LNG project
SINGAPORE (Reuters) - Hong Kong utility CLP Power [CLPHKF.UL] said on Friday it was finalizing an environmental impact assessment study for its liquefied natural gas (LNG) project and will soon submit it to the Hong Kong government.
JD.com's finance unit aims to raise $1.9 billion, valuation set to double: sources
HONG KONG (Reuters) - JD.com Inc's finance arm is looking to raise about 12 billion yuan ($1.9 billion) in fresh equity that could see its value double from last year to more than $20 billion, three people with knowledge of the matter said.
China to bar people with bad 'social credit' from planes, trains
SHANGHAI (Reuters) - China said it will begin applying its so-called social credit system to flights and trains and stop people who have committed misdeeds from taking such transport for up to a year.
Singapore's 'en-bloc' redevelopment fever may be cooling
SINGAPORE (Reuters) - Singaporean engineer Andy Goh has stopped saying hello to some neighbors in his condominium.
Timeline - The rise of Chinese leader Xi Jinping
SHANGHAI (Reuters) - President Xi Jinping, China's most powerful leader since Mao Zedong, will be re-elected to a second five-year term as president on Saturday by the rubber-stamp parliament, the National People's Congress.
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