Telecommunications equipment maker ZTE fell around 40 percent early in Hong Kong Wednesday trading hours after its shares resumed trade there and in Shenzhen. In a filing, ZTE said it will pay a $1 billion lump sum payment to the U.S. government as part of a settlement agreement, as well as an additional $400 million […]
Read moreJapan’s Toyota Motor will invest $1 billion into Southeast Asian ride-sharing app Grab, the Singapore-based company said Wednesday. The investment will see the two companies expand on their existing partnership and explore new mobility strategies across the region, Grab said. Additionally, an executive of the Japanese manufacturer will be appointed to Grab’s board of directors […]
Read moreJapan’s defense chief said on Wednesday the U.S. military’s presence in South Korea and joint military exercises were “vital” for East Asian security after President Donald Trump’s surprise statement that he would halt war games with the South. “We would like to seek an understanding of this between Japan, the U.S. and South Korea,” Japan’s […]
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