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UK will continue to have constructive ties with Chinese firms, says PM's spokesman
LONDON (Reuters) - Britain will continue to have a constructive relationship with Chinese companies working and investing in the country, but the strong ties between London and Beijing do not come at any price, a spokesman for Prime Minister Boris Johnson said on Wednesday.
China: US 'oppressing Chinese companies' in new Huawei move
BEIJING (AP): China on Wednesday (July 1) demanded Washington stop "oppressing Chinese companies” after US regulators declared telecom equipment suppliers Huawei and ZTE to be national security threats.
Australia to sharply increase defence spending with focus on Indo-Pacific
SYDNEY (Reuters) - Australia will boost defence spending by 40% over the next 10 years, buying long-range military assets that will be focused on the Indo-Pacific region, Prime Minister Scott Morrison said on Wednesday.
Quick take: Sasbadi jumps 26% on collaboration with Huawei
KUALA LUMPUR: Shares in Sasbadi Holdings Bhd jumped 26% in early trade Wednesday after announcing plans to collaborate with Huawei on the development of e-learning products.
Trading ideas: TNB, Eversendai, Serba Dinamik, Sasbadi, MAHB, BLand, Ikhmas Jaya
KUALA LUMPUR: Stocks to watch on Wednesday include Tenaga Nasional Bhd, Eversendai Corp Bhd, Sasbadi Holdings Bhd, Serba Dinamik Holdings Bhd, Malaysia Airports Holdings Bhd (MAHB), Berjaya Land Bhd and Ikhmas Jaya Group Bhd, according to JF Apex Research.
Apple not dominant in any market, plenty of rivals, senior executive says
iPhone maker Apple, the target of EU antitrust investigations into key segments of its business, on Tuesday rejected accusations of market dominance, saying it competes with Google, Samsung and other rivals.
With eyes on Indo-Pacific, Australia to rapidly increase defence spending
SYDNEY (Reuters) - Australia will boost defence spending by nearly 40% over the next 10 years as Canberra shifts its military assets to focus on the Indo-Pacific region, Prime Minister Scott Morrison will say on Wednesday.
TikTok denies sharing Indian user data with China
NEW DELHI, June 30, 2020 (AFP): TikTok on Tuesday denied sharing users' data with the Chinese government, after India banned the wildly popular app as ties with Beijing deteriorate sharply following a deadly border clash.
Nokia and Ericsson offered key roles in Singapore's 5G roll-out
SINGAPORE (dpa): Two of Singapore's main telecoms operators have opted for Sweden's Ericsson and Finland's Nokia as core partners in building two national 5G networks.
Why Asia should worry as Nov 3 draws nearer
IN about four months, Americans will elect their president. Predictions vary on whether incumbent Donald Trump can win a second term. Whatever the results, however, the effects of the US electoral politics that can impact Asia are already emerging.