Taiwan's main opposition Kuomintang (KMT) party will pick New Taipei City mayor Hou Yu-ih to be its presidential candidate in the election next year, a senior party source told Reuters on Wednesday, with China tensions set to top the election agenda.
Japan is arranging subsidies that could be worth around 15 billion yen ($110 million) to South Korea's Samsung Electronics Co for a chip facility it is considering setting up near Tokyo, a source with direct knowledge of the matter said.
Australians are starting to buy electric vehicles in large numbers, and the government is trying to accelerate the adoption of cleaner cars, but industry executives say installing chargers rapidly enough to meet the boom will not be easy.
Clouds are gathering over the world’s third largest aviation market. India’s Go First has gone into bankruptcy – the country’s second airline to do so since 2019. Its subsequent public and messy spat with engine suppliers and lessors will have ripple effects across the industry and abroad.