Town Hall News

BEIJING (Reuters) – China Eastern Airlines, the initial customer for the country’s homegrown narrow-body jet C919, will launch the plane’s first commercial flight on Sunday, the carrier’s app showed on Friday. The C919 flight will take off as flight number MU9191 at 10:45 a.m. Beijing time (0245 GMT) from Shanghai Hongqiao International Airport and arrive in Beijing Capital Airport at 1:10 p.m. The commercial operation of the C919 marks a […]

TOKYO (Reuters) -Japan and the United States are likely to issue a joint statement on semiconductor and advanced technology cooperation on Friday, the Yomiuri daily newspaper reported without disclosing where it obtained the information. Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura and U.S. Secretary of Commerce Gina Raimondo will meet in the U.S. city of Detroit where Nishimura is attending the 2023 APEC Ministers Responsible for Trade Meeting […]

By Akriti Sharma and Rachael Levy (Reuters) – Elon Musk’s brain-implant company Neuralink on Thursday said the U.S. Food and Drug Administration (FDA) had given the green light to its first-in-human clinical trial, a critical milestone after earlier struggles to gain approval. The FDA nod “represents an important first step that will one day allow our technology to help many people,” Neuralink said in a tweet. It did not elaborate […]

TOKYO (Reuters) -Japan and the United States are likely to issue a joint statement on semiconductor and advanced technology cooperation on Friday, the Yomiuri daily newspaper reported without disclosing where it obtained the information. Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura and U.S. Secretary of Commerce Gina Raimondo will meet in the U.S. city of Detroit where Nishimura is attending the 2023 APEC Ministers Responsible for Trade Meeting […]

TOKYO (Reuters) -Japan and the United States are likely to issue a joint statement on semiconductor and advanced technology cooperation on Friday, the Yomiuri daily newspaper reported without disclosing where it obtained the information. Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura and U.S. Secretary of Commerce Gina Raimondo will meet in the U.S. city of Detroit where Nishimura is attending the 2023 APEC Ministers Responsible for Trade Meeting […]

By Yuka Obayashi and Mayu Sakoda TOKYO (Reuters) -Nippon Steel Corp is still in talks with Teck Resources, despite Glencore’s bid for the Canadian miner, as Japan’s top steelmaker remains eager to take a stake in Teck’s high-grade coking coal asset, a senior executive said.     “We are still negotiating with Teck toward making an equity investment in coal assets,” executive vice president Takahiro Mori told Reuters in an interview on […]

By Rae Wee SINGAPORE (Reuters) – The dollar stood near a two-month high against its major peers on Friday and was headed for a third weekly gain on expectations that U.S. interest rates could remain higher for longer than initially expected. Jitters over debt ceiling negotiations between U.S. President Joe Biden and top congressional Republican Kevin McCarthy also continued to cast a shadow over market sentiment, with just a week […]

SEOUL (Reuters) – Hyundai Motor announced on Friday it plans to invest 1.43 trillion won ($1.1 billion) to build an electric battery joint venture with LG Energy Solution in North America. The joint venture will invest a total of 5.7 trillion won over the next six years to gain competitiveness in the North America automotive market, the company said in a regulatory filing. ($1 = 1,320.9300 won) (Reporting by Hyunsu […]

SYDNEY (Reuters) – Australian retail sales were flat in April as consumers, in the face of high cost of living and rising interest rates, curbed spending on food and eating out. Data from the Australian Bureau of Statistics (ABS) on Friday showed retail sales were unchanged in April from March, when they rose 0.4%. Analysts had looked for a 0.2% growth. Sales of A$35.26 billion ($23.92 billion) were up 4.2% […]