Boeing CEO, removed as chairman, seen nearing last chance on 737 Max
The clock is ticking ever more loudly for Boeing Chief Executive Officer Dennis Muilenburg as the grounding of the 737 Max hits the seven-month mark. The board removed him as chairman Friday after the close of the workweek, saying the change would enable Muilenburg to ...
Despite temporary truce in U.S.-China trade war, long list of grievances remains
The Trump administration and China declared a temporary truce Friday in their 15-month-long trade war. However, the grievances that led them to impose tariffs on hundreds of billions of dollars worth of each other's goods remain largely unresolved. The administration agreed to suspend a tariff ...
Japan and South Korea discuss export controls at WTO, but solution to dispute still far off
Tokyo and Seoul are believed to have repeated their claims during the Geneva talks.
To decrease its dependence on India, Nepal eagerly awaits China rail plan
At the international border point of Rasuwagadhi (Rasuwa Fort), where Nepal fought two wars in the late 18th century with Tibetan forces and Chinese reinforcements, people now impatiently await the Qinghai-Tibet railway, which many believe will conquer the constraints posed by the Himalayas on ...
Sino-U.S. trade war brings chances and challenges for Vietnam's skilled laborers
A new front has opened in the U.S.-China trade war as companies shifting manufacturing to Vietnam engage in a fierce battle for skilled labor, aggravating an existing shortage and prompting calls for education reforms to address the problem. Vietnam has emerged as one of the ...
President Donald Trump announced Thursday he will meet with China's top trade envoy as the two sides pursue fraught negotiations that this week appeared headed for a dead end. In a tweet, Trump said he would meet the following day with Vice Premier Liu He, ...
No-deal Brexit threatens Nissan's future in Europe, says regional chief
The head of Nissan in Europe warned Thursday that a chaotic no-deal Brexit would threaten the Japanese car giant's future in the region — and its key U.K. factory. Nissan Europe Chairman Gianluca de Ficchy was speaking at Britain's biggest car plant in Sunderland, northeast ...
Tokyo, Seoul and the weaponization of history
In July, Japan tightened its control of exports of certain materials for semiconductor production to South Korea. On Aug. 28, the government took further action and removed South Korea from its whitelist of nations granted preferential trade procedure. South Korea responded to these actions by ...
President Donald Trump and China's Xi Jinping have plenty of reasons to call off their trade war. Both face weakening economies that would likely further deteriorate if their conflict escalates. Both are up against a formidable adversary that shows no inclination to yield. Both are tangled in ...
South Korea and Japan to hold talks over trade dispute on Friday
Trade officials from South Korea and Japan will hold bilateral consultations in Geneva on Friday, following a complaint filed by Seoul with the World Trade Organization last month over Tokyo's tightening of export controls, trade ministries of the two countries said Thursday. The talks are ...
U.S. labor leader says USMCA faces defeat without more worker safeguards
The head of the AFL-CIO labor union on Wednesday warned against speedy passage of the Trump administration's new trade pact with Mexico and Canada, saying he was especially concerned about labor protection measures in Mexico and adding that any vote on the plan before ...
Tokyo Ohka Kogyo Co., JSR Corp. and Shin-Etsu Chemical Co.: Three seemingly inconspicuous companies suddenly came into the spotlight in early July when Japan announced it would slap tightened export controls to South Korea on three key chemicals — photoresists, fluorinated polyimide and hydrogen ...
