Toyota Motor: to restart vehicle plants in Japan from Monday

TOKYO : Toyota Motor said it would restart its Japanese vehicle plants on Monday but, given the impact of the New Year's Day earthquake, would decide separately about operations from Jan. 15. As aftershocks are continuing from the magnitude 7.6 quake that ravaged Japan's western coast and many of its suppliers and their affiliates are in...

Honda considers US$14 billion plan for EV production in Canada: Nikkei

Honda Motor Co is considering building an electric vehicle plant in Canada in a near ¥2 trillion (US$13.83 billion) project that could possibly include in-house production of batteries, Japan's Nikkei news group reported on Sunday (Jan 7). The project could be one of Honda's largest investments, the report said. The Japanese automaker is looking at multiple potential...

Indonesian police halt truck with over 200 dogs bound for slaughter

SEMARANG: Indonesian police have intercepted a truck carrying more than 200 dogs shackled and bound for the slaughterhouse, authorities said, in the latest victory for activists who oppose eating dog meat. The vehicle was detained late Saturday night (Jan 6) in Semarang city on the island of Java, where the imperilled pooches were discovered in the bed...

EU Council President Michel says to step down early

BRUSSELS: Belgian politician Charles Michel has announced he will step down early as European Council president after he runs in the European Parliament elections set for June. "I've decided to stand as a candidate for the European elections in June 2024," he told Belgian media. The surprise move is likely to heighten speculation about who will be the...

Workers’ union accepts Lazada’s apology over layoffs; talks on better retrenchment benefits ongoing

SINGAPORE: Lazada has apologised to the union representing their workers for not consulting it prior to its latest retrenchment exercise. In a joint statement on Saturday (Jan 6), the National Trades Union Congress (NTUC) and its affiliate Food Drinks and Allied Workers Union (FDAWU) said that the FDAWU has accepted Lazada’s apology. "Both parties have agreed to work closely together and to put workers’...

Alaska Airlines grounds Boeing 737 MAX 9 planes after emergency landing

WASHINGTON: US-based Alaska Airlines grounded all its Boeing 737 MAX 9 planes on Friday  (Jan 5) after a flight with 177 people onboard made an emergency landing in the state of Oregon, with passengers saying a window panel blew out after takeoff. Flight 1282 departed from Portland International Airport on Friday evening before returning safely around...

Elon Musk can make Tesla a national champion

Elon Musk can make Tesla a national champion Tesla and SpaceX's CEO Elon Musk gestures during an in-conversation event with British Prime Minister Rishi Sunak in London, Britain   NEW YORK, Jan 5 - On its own, the $745 billion Tesla (TSLA.O) ceding the global electric-vehicle sales crown to China’s BYD (002594.SZ) isn’t catastrophic. But straining profit and growing trade protectionism risk...

China is on track to be world AI leader by 2030, with Hong Kong’s help

China’s AI market, firms and tech are growing strongly, while the regulatory climate is maturing. Hong Kong can contribute by providing AI talent and funding A woman stands in front of a poster during the World Artificial Intelligence Conference in Shanghai on July 6 last year. Photo: AFP If we are in the midst of a global...

China-US relations Xi Jinping and Joe Biden exchange greetings on 45th anniversary of ties

The presidents of the world’s two biggest economies have congratulated each other’s countries for 45 years of diplomatic relations The exchange marks a welcome start to the new year for Washington and Beijing after years of tensions amid their growing rivalry   China’s President Xi Jinping and US President Joe Biden exchanged congratulatory messages on Monday, the first day of...

As US and China mark 45 years of diplomatic ties, top diplomat Wang Yi warns against confrontation and ‘zero-sum games’

Speaking at event to mark anniversary of US-China relations, Chinese foreign minister says ‘artificial decoupling and containment’ will ‘backfire’ In the speech, Wang also notes progress in resuming military communications, anti-narcotics cooperation and panda exchanges The US and China should not head towards confrontation over their differences but should remove barriers to cooperation, Chinese Foreign...