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Asia Economy

China criticizes Biden’s decision to restrict U.S. international tech investments

by Adrian Jhonsan
China criticizes Biden’s decision to restrict U.S. international tech investments

An editorial photo art illustrating smart city communication networks against the urban landscape in Shanghai. Dong Wenjie | Moment | Getty Images China criticized President Joe Biden’s long-awaited executive order …

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Categories World

Semiconductor Manufacturers Await Payments One Year Later

by Craig Fedirighi
Semiconductor Manufacturers Await Payments One Year Later

A year after President Joe Biden signed the CHIPS and Science Act into law, the U.S. semiconductor industry is still waiting on the windfall. “We will start to give out …

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Categories Business

Consumer prices in China decline less than anticipated, according to reports

by Adrian Jhonsan
Consumer prices in China decline less than anticipated, according to reports

Customers at a fresh food market in Shanghai, China, on Monday, Aug. 7, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China reported inflation data for July that pointed …

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Categories World

China must enhance productivity in response to the ‘demographic challenge’

by Adrian Jhonsan
China must enhance productivity in response to the ‘demographic challenge’

Fears are growing that China’s economy is tethering on the verge of deflation after yet another slate of underwhelming economic data July 17 provided more evidence that the stall in …

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Categories World

Mahindra, an Indian automaker, remains undeterred by competition from electric vehicle brands such as Tesla

by Adrian Jhonsan
Mahindra, an Indian automaker, remains undeterred by competition from electric vehicle brands such as Tesla

Mahindra atom electric car at Auto Expo 2020, on February 5, 2020, in Greater Noida, India. Pradeep Gaur | Mint | Hindustan Times | Getty Images Mahindra Group isn’t worried …

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Categories World

India job seekers prioritize flexibility over pay, according to a survey conducted by Indeed.

by Adrian Jhonsan
India job seekers prioritize flexibility over pay, according to a survey conducted by Indeed.

Workers in India are far from ready to return to the pre-pandemic days of working in an office, five days a week. That’s according to a new survey by employment …

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Categories World

Japanese technology giant announces unexpected financial loss

by Ev Richard
Japanese technology giant announces unexpected financial loss

SoftBank reported a surprise loss in the first quarter covering April-June, despite an investment gain from its massive tech-focused Vision Fund. Here’s how the company did: The SoftBank group reported …

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Categories Technology

Australia presses China to eliminate trade restrictions following removal of barley tariffs

by Adrian Jhonsan
Australia presses China to eliminate trade restrictions following removal of barley tariffs

Australia has urged China to abolish all remaining trade restrictions after Beijing lifted tariffs on its barley imports, pointing to signs of a normalization in bilateral ties. Canberra is expecting …

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Categories World

Despite sanctions, Russian military is being fueled by U.S. microchips

by Ev Richard
Despite sanctions, Russian military is being fueled by U.S. microchips

New analysis reveals that Western microchips, used in smartphones and laptops, continue to enter Russia and contribute to its military capabilities. Trade data indicates that Moscow has been sourcing an …

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Categories Technology

Developing Nations’ Climate Transition Demands Over $1 Trillion Investment

by Adrian Jhonsan
Developing Nations’ Climate Transition Demands Over  Trillion Investment

Smoke billows from an unauthorized steel factory, foreground, on November 4, 2016 in Inner Mongolia, China. To meet China’s targets to slash emissions of carbon dioxide, authorities are pushing to …

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Categories World
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