AFP Asia Business
BoJ holds interest rates but to sell funds in shift from easing policy
The Bank of Japan kept interest rates on hold Friday amid lingering political uncertainty and economic concerns but said it would start offloading funds bought as part of its earlier monetary easing campaign.The announcement came hours after official data showed inflation in the fourth-largest economy slowed to 2.7 percent in August, with rice price rises …
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China’s Xiaomi to remotely fix assisted driving flaw in 110,000 SU7 cars
Chinese consumer tech giant Xiaomi will remotely fix a flaw in the assisted driving system on over 110,000 of its popular SU7 electric cars, the firm and regulators said Friday, months after a deadly crash involving the model.China’s tech companies and automakers have poured billions of dollars into smart-driving technology, a new battleground in the …
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How did an Indian zoo get the world’s most endangered great ape?
Tapanuli orangutans are the world’s most endangered great ape. Fewer than 800 remain, all previously thought to be in their native Indonesia. But now an Indian zoo says it has one.An Indian court cleared the 3,500-acre wildlife facility known as Vantara on Monday of allegations including unlawful acquisition of animals and financial wrongdoing.But the decision …
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