Tag - economic-security

 
 

ECONOMIC SECURITY

The Cabinet has agreed to new national security legislation on sensitive government- and private-sector information that lawmakers should pass.
EDITORIALS
Mar 1, 2024
Protecting information is the key to national security
In recent years, however, that landscape has shifted and new fields are now considered essential to a country’s security and prosperity.
There is a global trend toward economic bifurcation with the U.S. and China leading the charge — and multinational solutions are needed to address the new challenges.
COMMENTARY
Feb 28, 2024
The inexorable movement toward a divided global economy
Efforts to protect national economies from threats require multinational solutions. Chains are only as strong as their weakest link.
Prime Minister Fumio Kishida's Cabinet approved an economic security bill on Tuesday.
JAPAN / Politics
Feb 27, 2024
Japan Cabinet OKs bill on new economic 'security clearance' system
Government officials and private sector employees will be given access to classified information under the system once they pass a screening process.
U.S. President Joe Biden and Prime Minister Fumio Kishida attend an Indo-Pacific Economic Framework launch event in Tokyo in May 2022.
BUSINESS
Feb 24, 2024
U.S.-led Indo-Pacific deal on supply chain resilience takes effect
The deal allows members to help each other secure critical items in times when supply chains are disrupted.
Taiwan Semiconductor Manufacturing Corp.'s first Japan factory, in Kikuyo, Kumamoto Prefecture, will be operated by JASM, a subsidiary of TSMC.
BUSINESS / Tech
Feb 24, 2024
Chip giant TSMC shifts away from hot spot Taiwan with Japan plant
The chipmaker's new plant in Kumamoto will boost the resilience of global supplies of the crucial hardware, founder Morris Chang told an opening ceremony.
Nippon Steel's Kashima plant seen from a park in Kamisu, Ibaraki Prefecture. Scrutiny over Nippon Steel’s China holdings threatens to add another complication to its politically contentious deal to acquire United States Steel.
BUSINESS / Companies
Feb 23, 2024
Nippon Steel’s China assets could derail United States Steel deal
Regulators may look unfavorably on whether the acquisition of U.S. Steel could allow more access to U.S. markets for Chinese-sourced steel.
TikTok parent company ByteDance's offices in Singapore. Chinese companies are increasingly using the city-state as a springboard into the U.S. market.
COMMENTARY / World
Feb 22, 2024
'Singapore-washing' and China’s sneaky trade practices
Chinese firms are using Singapore as a springboard into the U.S., circumventing restrictions. The island nation shouldn't enable these deceptive tactics.
The Huawei Mate 60 Pro, launched in August 2023 and powered by a sophisticated chip, was seen as a symbol of the China's technological resurgence despite Washington's ongoing efforts to cripple its capacity to produce advanced semiconductors.
BUSINESS / Tech
Feb 22, 2024
U.S. targets China chipmaking plant after Huawei Mate 60 Pro
The Biden administration seeks to cut off China's most advanced factory from more American imports after it produced a sophisticated chip for the phone.
Mining magnate Dan Gertler in Congo in 2012
BUSINESS / Tech
Feb 20, 2024
China's dominance of EV metals prompts U.S. to revisit stockpile 'panic button'
Budget cuts have shrunk U.S. strategic reserves to record lows, leaving it facing shortages of the raw materials needed to execute an energy transition.
U.S. President Joe Biden in Washington on Monday. Biden's re-election campaign has launched a TikTok account in a bid to reach younger voters, a move that comes as the popular short-form video platform confronts concerns over its ties to China.
BUSINESS / Tech
Feb 13, 2024
Biden’s TikTok foray triggers bipartisan angst over app's China ties
The bipartisan leaders of a House committee charged with curbing China's influence expressed concern Monday at President Joe Biden’s campaign on TikTok.
Pills move through a sorting machine at a pharmaceutical plant in Visakhapatnam, India. A recent report shows one Indian firm using suppliers with ties to China’s military industry, questionable track records on safety and bases in Xinjiang.
BUSINESS / Companies
Feb 6, 2024
U.S. taps Indian pharma, but supply chains still lead back to China
A recent report shows one Indian firm using suppliers with ties to China’s military industry, questionable track records on safety and bases in Xinjiang.
The People's Liberation Army's Academy of Military Sciences had used an open-source standard known as RISC-V to reduce malfunctions in chips for cloud computing and smart cars.
ASIA PACIFIC / Politics
Feb 5, 2024
China bets on open-source chips as U.S. export controls mount
RISC-V is free to use and has a simpler outline, often leading to more energy-efficient chips, and users can build atop the framework to suit their needs.
The United States Steel Clairton Coke Works in Clairton, Pennsylvania, in December
BUSINESS / Companies
Feb 4, 2024
American steel buyers hail Nippon deal that scares Washington
Both Democratic Senators from U.S. Steel’s home state of Pennsylvania want the deal killed, citing fears that union jobs would be impacted.
Republican presidential candidate and former U.S. President Donald Trump holds a campaign rally ahead of the Republican caucus in Las Vegas on Saturday.
BUSINESS / Companies
Feb 1, 2024
Trump says he'd block Nippon-U.S. Steel deal, dubbing it 'terrible'
The former U.S. president aims to win over blue-collar union voters who could play a key role in states like Pennsylvania, where U.S. Steel is based.
The Microsoft logo hangs beside an illuminated iCloud icon at the CeBIT 2017 tech fair in Hannover, Germany.
BUSINESS / Tech
Jan 30, 2024
U.S. wants cloud firms to flag foreign users in China AI race
The White House proposal, released Monday, requires the firms to reveal foreign customers’ names and IP addresses.
Taiwan Semiconductor Manufacturing Co.’s new factory in Kikuyo, Kumamoto Prefecture, in May 2023
BUSINESS / Tech / FOCUS
Jan 29, 2024
Can Japan again master semiconductors to relive its glory days?
Competition in the sector is fierce, with many countries pushing to develop their own capabilities and insulate supply chains from geopolitical tensions.
Chinese President Xi Jinping, his French counterpart, Emmanuel Macron, and European Commission President Ursula von der Leyen meet in Beijing in April last year.
WORLD / Politics
Jan 25, 2024
With China in mind, EU aims to toughen rules on foreign trade and investment
The package includes requiring member states to potentially prevent foreign direct investments that may pose a risk to the bloc’s security.
The SK Hynix factory in Dalian specializes in 3D NAND flash memory used in smartphones and other devices. NAND accounts for an increasing portion of the company’s revenue, around 27% of which comes from China.
BUSINESS / Tech
Jan 23, 2024
U.S. chip battle with China catches South Korea in the crossfire
Korean firms have to balance relations with both countries — one, a source of cutting-edge chipmaking technology and the other, the world's largest chip market.
TSMC had said it would make 3nm chips at the second factory, which is expected to be more advanced than the first in Arizona, but on Thursday, it said that incentives from the U.S. government would help determine how advanced the tech inside will be.
BUSINESS / Tech
Jan 19, 2024
TSMC’s second factory in Arizona delayed as U.S. grants remain in flux
Site will start operations only in 2027 or 2028, instead of the chipmaker's earlier guidance of 2026.
Li Qiang at the World Economic Forum on Tuesday
WORLD / Politics
Jan 17, 2024
In Davos, Chinese premier takes aim at trade 'barriers'
Li's remarks came as the World Economic Forum's 54th annual conference is preoccupied with a slew of global risks, including wars in Ukraine and Gaza.

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