The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies The attack by Chinese spies reached almost 30 U.S. companies, including Amazon and Apple, by compromising America’s technology supply chain, according to extensive interviews with government and corporate sources -Bloomberg

US to restrict nuclear technology exports to China -AFP

"The United States cannot ignore the national security implications of China's efforts to obtain nuclear technology outside of established processes of US-China civil nuclear cooperation," Energy Secretary Rick Perry said in a statement.

US lawmakers urge Canada to snub China’s Huawei from 5G network design out of ‘grave concerns’ over US security The lawmakers said they were concerned about the prospects of Huawei equipment in Canada’s 5G networks on the grounds that it would pose dangers for US networks -SCMP

Google tells U.S. lawmakers it is mulling options on China services The company has come under criticism after reports it was considering re-entering China’s search engine market and would comply with its internet censorship and surveillance policies. -Reuters

China's self-driving game plan shuns US partners for Japan Tie-up prepares for possible restrictions on American tech -Nikkei

BMW boosts investment in Chinese joint venture German automaker to inject a fresh investment of 3 billion euros (US$3.47 billion) into its Chinese subsidiary -The Asia Times

Chinese private sector fears grow over state’s role as Qingdao sends officials into firms to set up labour unions Eastern city’s push to set up state-controlled unions inside private enterprises increases businesses worries of further intervention in their operation -SCMP

Japan’s prime minister to formally announce sales tax hike to 10 percent from next October As the envisioned tax hike is expected to dampen consumption as seen in the past hikes, the Abe government will instruct ministries and agencies to take steps to prevent the economy from deteriorating by encouraging purchases of houses and cars through incentives such as tax breaks. -The Japan Times

Arms sales normalizing: Schriver The US is moving toward a “more normal foreign military sales relationship” with Taiwan, US Assistant Secretary of Defense for Asian and Pacific Security Affairs Randall Schriver said on Thursday. -Taipei Times

India's IndiGo eyes wide-bodied aircraft from Airbus, Boeing –Reuters

Microsoft is investing in Grab Microsoft will inject an undisclosed amount in ride-hailer Grab as part of a strategic partnership, the firms said in a joint statement today. -Tech-in-Asia

ABB opens new manufacturing facility in Indonesia ABB Indonesia country managing director Michel Burtin said the facility was the fourth plant the company had opened in the past three years as part of a US$30 million investment plan. -The Jakarta Post

Tencent makes first investment in the Philippines as part of $175m round China’s Tencent – best known for its super app WeChat – and global investment firm KKR have agreed to acquire “substantial” minority stakes in Philippine technology firm Voyager that could be worth up to US$175 million. -Tech-in-Asia


China Won't Use Yuan as Tool to Deal With Trade War, Yi Says -Bloomberg

China taps brakes on outbound investment, betrays capital flow fears China is suspending approvals for a niche overseas investment product in Shanghai known as the QDLP scheme and urging license holders, such as JPMorgan Asset Management and Aberdeen Standard Investments, to be “low profile” in marketing it -Reuters

U.S. wants deal with Japan to avoid competitive currency devaluations U.S. Treasury Secretary Steven Mnuchin said Saturday that Washington is seeking to include an agreement to prevent competitive currency devaluations in any trade deal it strikes with Japan. -The Japan Times

Japan has no plan to discuss foreign exchange in U.S. trade talks -The Japan Times

China September exports surge, creating record surplus with U.S. despite tariffs But the robust numbers reported on Friday by China’s customs agency - the last ones from China before U.S. congressional elections on Nov. 6 - could prompt a reaction from U.S. President Donald Trump. -Reuters

China on pace to become top natural gas importer in 2018 Asian fuel demand surges, driving scramble for new suppliers -Nikkei

BONDS BATTER BALI Facing mounting financial pressure, Asian leaders will rue failure to reform sooner -Nikkei