Spooked by the threat that China might invade Taiwan, the US wants to cut its dependence on the island’s world-beating microchips. Officials in Taipei believe the Biden administration is going too far.
Overseas workers are bouncing back from the pandemic and sending more remittances then ever
Only six months since the China reopening trade triggered the world’s best stock gains, investors have stopped believing in the market’s upward trend.
Florida Governor Ron DeSantis will visit Japan next week as he tests the international waters ahead of a possible decision to seek the Republican nomination for US president.
Nomura International (Hong Kong) Ltd. and Bank of America Corp. raised their forecasts for China’s economic growth for this year after data this week showed a strong recovery in the first quarter.
Sri Lanka’s plan for a voluntary restructuring of its domestic debt is finding few takers from local banks worried about a hit to their capital, raising the risk of a delay in the country’s financial rescue.
Contemporary Amperex Technology Co. Ltd. reported an 83% jump in revenue that well outdid market expectations, fueled by climbing demand for cleaner vehicles and falling raw materials costs.
Speculators are getting ready to take on the Bank of Japan yet again as new governor Kazuo Ueda gears up for his first policy meeting next week.
Taiwan Semiconductor Manufacturing Co. climbed as much as 1.4% after reaffirming its target for capital spending this year, in a sign Apple Inc.’s main chipmaker intends to shore up its lead in advanced semiconductors ahead of a tech recovery.
Prosecutors in New Mexico are dropping charges actor and producer Alec Baldwin faced as a result of a fatal shooting during the production of the film Rust.
