japan

Exclusive: Dutch officials headed to Washington to talk controls on chipmaking gear – sources

Dutch and U.S. officials will meet in Washington on Friday to discuss potential new controls on exporting semiconductor manufacturing gear…

3 years ago

Sony, Honda roll out prototype of ‘Afeela’ EV that uses Qualcomm tech

Japan's Sony on Wednesday unveiled a prototype of the new "Afeela" electric vehicles it will build together with Honda, saying it…

3 years ago

Exclusive: Tesla makes China boss highest-profile executive after Musk

Tesla Inc's China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker’s U.S. assembly plants as…

3 years ago

Exclusive: China readying $143 billion package for its chip firms in face of U.S. curbs

China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources…

3 years ago

Taiwan seeks to reassure on TSMC commitment to island despite U.S. investment

Taiwan's economy minister said on Wednesday that the island remains chipmaker TSMC's most important production base after the company announced…

3 years ago

G7 price cap on Russian oil kicks in, Russia will only sell at market price

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to…

3 years ago

Dollar rises as China COVID worries spur safe-haven buying

The U.S. dollar was firmly higher against major currencies on Monday, as rising COVID-19 cases in China led to new…

3 years ago

Sony hikes FY profit forecast by 4.5% on foreign exchange boost

Sony Group Corp hiked its full-year operating profit forecast on Tuesday by 4.5% to 1.16 trillion yen ($7.84 billion) as the…

3 years ago

Japan ramps up intervention threats after yen slides past key 150 level

Japanese policymakers made fresh threats of intervention on Thursday after the yen tumbled past the key psychological level of 150…

3 years ago

Exclusive: Toshiba’s preferred bidder offers price short of key 6,000 yen a share, sources say

The preferred bidder to buy out Toshiba Corp has offered to pay less than the widely regarded threshold of 6,000 yen…

3 years ago