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Weekly thoughts: Alibaba and Tencent fight over bankers; Honda's jet comes home; Electric cars in India

News

  • Alibaba and Tencent, are becoming such rivals that they are now demanding that the world's investment banks choose to work for one or the other but not both. Read more about the battle between China's internet giants here.
  • Honda is finally launching its business jet in Japan. The $5m executive jet has been outselling Cessna in the west due to its range and fuel efficiency. Now Honda is hoping to sell it domestically while also sparking interest among wealthy Chinese visiting Japan.
  • India's electric car market is in its infancy but more and more auto makers are unveiling ambitious plans to grow it. The latest is Maruti Suzuki, which wants to be the first to make all of the components, locally, starting with the batteries. Read more here

 

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Your scoutAsia Team

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