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Japan startup raises $30mn to build space robot workforce

BLOOMBERG The Japanese startup Gitai, fresh off raising a new round of funding, is expanding in the US as it seeks to create a robot workforce that will reduce the costs and risks of operating in space. While Elon Musk and Jeff Bezos are working on rockets and the challenges of getting to space, Gitai Chief Executive Officer Sho Nakanose ...

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Thailand must raise revenue to boost spending, says World Bank

BLOOMBERG Thailand must bolster its revenue collection in the long term to meet growing public spending needs stemming from an aging population, according to the World Bank. Government expenditure on pensions, healthcare, education and climate adaptation will need to increase and this must be achieved without constraining economic growth and keeping public debt under control, the bank said in a ...

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China, Japan ministers trade barbs at US meet

BLOOMBERG The trade ministers of China and Japan exchanged protests over chip export controls and the detention of Japanese citizens at a meeting in Detroit, according to statements from both governments. Chinese Commerce Minister Wang Wentao complained about Japan’s chip export curbs and a Group of Seven “attack” on China during a meeting with Japanese Trade Minister Yasutoshi Nishimura in ...

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