U.S. President Donald Trump on Wednesday blocked a Chinese-backed private equity firm from buying a U.S. chipmaker, sending a clear signal to Beijing that Washington will oppose deals that involve technologies with potential military applications. Canyon Bridge Capital Partners' planned $1.3 billion acquisition of Lattice ...
Business owner Hu Weibing weeps at the prospect of losing everything, including his home, after China's surprise announcement to transform a rural spot outside Beijing into a modern metropolis nearly three times the size of New York City. Hu's family run-clothing factory in the northern ...
Business sentiment improved in March from three months earlier, with a global economic recovery and a weaker yen bolstering exports, a Bank of Japan survey showed Monday.
U.S. employers added a robust 235,000 jobs in February and raised pay at a healthy pace, evidence that the economy remains on solid footing nearly eight years after the Great Recession ended. The unemployment rate dipped to a low 4.7 percent from 4.8 percent, the ...
Anyone who was around in the 1980s will remember the turmoil caused by the U.S.-Japan trade imbalance, especially in the automotive field. In order to maintain their growing position in the American market, Japanese car manufacturers knew they would have to move some of ...
When it comes to style and quality, the clutches of Paris or the shoulder bags of Milan are not the alpha and the omega. Another option is being fashioned in Bangladesh from staple materials by skilled local workers. For Eriko Yamaguchi, 35, the designer and owner ...
A pickup in manufacturing, "widespread" reports of labor shortages and improving business investment set the stage for the Federal Reserve's December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic ...
The Ministry of Economy, Trade and Industry will spend ¥19.5 billion to build a supercomputer with a platform for research that could help them develop and improve driverless cars, robotics and medical diagnostics
The Canbot can say its name, respond to voice commands, and "dance" as it plays Michael Jackson's "Billie Jean." Other robots China is displaying at the World Robot Conference can play badminton, sand cell phone cases and sort computer chips. China is showcasing its burgeoning ...
The crucial issue now facing humans is how to live in harmony with artificial intelligence.
Automation is replacing human labor in Asian garment factories, but workers who lose their jobs face an uncertain future.
China aims to lay off 5 million-6 million state workers over the next two to three years as part of efforts to curb industrial overcapacity and pollution, two sources said, Beijing's boldest retrenchment program in almost two decades. China's leadership, obsessed with maintaining stability and ...
