japan

China tech shares sink as U.S. export curbs raise chip sector hurdles

Shares in Chinese tech giants Alibaba Group (9988.HK) and Tencent (0700.HK) as well as in chipmakers slumped on Monday, as investors were spooked by…

3 years ago

Exclusive: Indian car makers propose tax cut on imports in trade deal with Britain

Indian car makers have proposed cutting to 30% the tax rate on imported cars as part of a trade deal…

3 years ago

Sri Lanka to present debt restructuring, IMF bailout plans to creditors

Crisis-hit Sri Lanka will make a presentation to its international creditors on Friday, laying out the full extent of its…

3 years ago

Exclusive: German economy ministry reviews measures to curb China business

Germany's economy ministry is considering a raft of measures to make business with China less attractive as it seeks to…

3 years ago

Stocks fall on rate hike bets, yen drops to 24-year low

European stock markets opened in the red on Wednesday after U.S. economic data prompted traders to ramp up Federal Reserve…

3 years ago

Japan’s services sector shrinks for first time in five months in August – PMI

Japan's services sector activity shrank for the first time in five months in August as a resurgence of COVID-19 infections…

3 years ago

S.Korea to attend preliminary meeting of U.S.-led chipmaker group

South Korea is expected to attend a preliminary meeting for a U.S.-led group of major microchip manufacturers including Taiwan and…

3 years ago

Italy’s Ali Group sees shelter from economic storm in Welbilt deal

Welbilt's exposure to the U.S. fast-food market will make new Italian owner Ali Group more resilient in a slowing global…

3 years ago

Japan gives Kioxia and Western Digital $680 million to boost memory chip production

Japan's government on Tuesday said it will provide as much as 92.9 billion yen ($680 million) to Kioxia Holdings and…

3 years ago

GLOBAL ECONOMY Global slowdown fears darken as cost of living bites

The global economy looks increasingly likely to be heading into a serious slowdown, just as central banks aggressively reverse ultra-loose…

3 years ago