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China’s N-ambitions in troubled waters

  AP China’s ambitions to become a pioneer in nuclear energy are sailing into troubled waters. Two state-owned companies plan to develop floating nuclear reactors, a technology engineers have been considering since the 1970s for use by oil rigs or island communities. Beijing is racing Russia, which started developing its own in 2007, to get a unit into commercial operation. ...

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Chinese investors buy Caesars’ games unit for $4.4bn

  Bloomberg Investors led by Chinese online games developer Shanghai Giant Network Technology Co. agreed to buy Caesars Entertainment Corp.’s online casino-style games unit Playtika Ltd. for $4.4 billion in cash, even as gambling remains illegal in the Asian country. The consortium includes Yunfeng Capital, the private equity company founded by Alibaba Group Holding Ltd. Chairman Jack Ma, China Oceanwide ...

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Tokyo elects Yuriko Koike as first woman governor

AFP Veteran politician Yuriko Koike was elected on Sunday as Tokyo’s first woman governor, according to media exit polls, and immediately vowed to get a grip on the megacity’s troubled 2020 Olympic preparations. Public broadcaster NHK, Jiji Press and other major media forecast the 64-year-old Koike as the winner just after polls closed at 8 pm (1100 GMT). Koike is ...

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