A China-based supplier for Samsung Electronics Co Ltd and Lenovo Group Ltd said on Thursday it had never hired child laborers, denying allegations by a U.S.-based activist group.
Asia/Pacific
Alibaba aims to launch share sale in early September: source
Chinese e-commerce company Alibaba Group Holding Ltd is planning to launch its New York stock market debut in the week of Sept. 8, a person briefed on the matter told Reuters on Saturday.
SoftBank's first Sony smartphone deal takes aim at U.S. market
Japan's SoftBank Corp and its U.S. mobile carrier Sprint Corp will offer a Sony smartphone for the first time, sources with knowledge of the matter said, as the two technology titans confront daunting challenges in the U.S. market.
Tesla Motors, China Unicom to build car charging outlets across China
U.S. electric carmaker Tesla Motors (TSLA.O) said on Friday that it would partner with China's No.2 mobile carrier China Unicom (0762.HK) to build charging outlets across the country to push sales in the world's biggest auto market.
China's Wanda, Tencent, Baidu to set up $814 million e-commerce company
China's Dalian Wanda group and Tencent Holdings Ltd (0700.HK) said on Friday they would set up a 5 billion yuan ($814 million) e-commerce joint venture with Baidu Inc (BIDU.O), as the firms push into the high-growth e-commerce sector.
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China Huarong Asset Management Co Ltd, the country's biggest bad-debt manager, said on Thursday regulators have approved a deal for it to sell a 20.98 percent stake to a consortium of eight investors for 14.5 billion yuan ($2.4 billion).
Samsung Electronics Co Ltd on Thursday unveiled what it said was the first smartwatch capable of making and receiving calls without a mobile phone nearby, in the South Korean firm's latest effort to find a new growth driver.
Masayoshi Son's nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could be the biggest U.S. tech IPO of all time.
Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest software company.
Shareholders of South Korean internet portal operator Daum Communications Corp and messaging app company Kakao Corp on Wednesday approved a merger of the two firms in an all-stock deal that values Kakao at more than $3 billion.
China's Alibaba Group Holding Ltd [IPO-BABA.N], which is expected to go public in New York as early as next month, reported a 46 percent jump in quarterly revenue as growth in the world's largest e-commerce market showed no signs of slowing.
Citigroup and HSBC are among five banks chosen to manage India's planned sale of a stake in state oil company Oil and Natural Gas Corp (ONGC), three sources with direct knowledge of the development said on Monday.
Asian shares held firm while the euro hit one-year lows on Tuesday as investors increasingly expect the European Central Bank to expand liquidity as soon as next week to boost the sagging euro zone economy.
Microsoft Corp's (MSFT.O) internet browser and media player are being targeted in a Chinese antitrust probe, raising the prospect of China revisiting the software bundling issue at the heart of past antitrust complaints against the firm in the West.
