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Morgan Stanley Asia veteran Christianson retires

Morgan Stanley’s Asia Pacific co-chief executive Wei Sun Christianson will retire from the bank after nearly two decades at the end of 2021, according to a memo reviewed by Reuters.

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Competition, chips, AI on table at first U.S.-EU trade and tech meet

The United States and the European Union hope to discuss chip shortages, artificial intelligence (AI) and tech competition issues during the first Trade and Tech Council (TTC) meeting this week,

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China’s Hainan Airlines rises by maximum 5% on restructuring plans

Shares in Hainan Airlines (600221.SS), the flagship carrier of embattled Chinese conglomerate HNA Group, rose as much as 5% on Monday, its maximum level allowed for the day, after it

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World Bank says Delta variant slowing economic growth in East Asia and Pacific

Economic activity began to slow in the second quarter of 2021, and growth forecasts have been downgraded for most countries in the region, according to the World Bank’s East Asia

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Tesla Megapack fire in Australia blamed on undetected coolant leak

A fire that damaged two Tesla Inc (TSLA.O) battery units at a huge energy storage project in Australia in July was caused by a coolant leak that went undetected during

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Boeing and GAMECO to set up two 767 freighter conversion lines in China

Boeing Co (BA.N) and Guangzhou Aircraft Maintenance Engineering Co Ltd (GAMECO) will establish two 767 freighter-conversion lines next year, company executives said on Tuesday, citing high air cargo demand. GAMECO,

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Ford, SK to invest $11.4 bln to add electric F-150 plant, three battery factories

Ford Motor Co (F.N) and its Korean battery partner SK Innovation (096770.KS) will invest $11.4 billion to build an electric F-150 assembly plant and three battery plants in the United

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