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I’m Katia Dmitrieva, Asia economics correspondent in Hong Kong. Today we’re looking at China’s hold over global supply chains. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here. Source link
Planning for retirement requires wise savings and investment choices so you’ll have enough money to sustain yourself comfortably after you leave the workforce. The ultimate goal is to create a nest egg substantial enough to provide financial security for the rest of your life. But therein lies the problem — how long will that be?…
MANILA, Philippines (AP) — China has failed to intimidate rival claimant states into surrendering their sovereign interests in the disputed South China Sea despite its intensifying “bullying tactics” and the United States and other allied countries are ready to further boost deterrence against Beijing’s aggression, the U.S. Pacific Fleet commander said. Adm. Stephen Koehler, who…
The government is monitoring production targets at Foxconn and believes that Apple has alternatives to handle issues related to the return of Chinese professionals from Taiwanese electronics manufacturer’s plant in India, sources told PTI on Friday. Hundreds of Chinese technology professionals who were facilitating and managing production at Foxconn plants in India have returned to…
Precious metals are only rare when you confine your perspective to what’s available on this planet at this moment in time. On that note, 16 Psyche, an asteroid orbiting between Mars and Jupiter, is estimated to contain between $10 quintillion and $700 quintillion worth of gold and other precious metals, meaning that the rock could…
Hong Kong’s MTR Corporation has signed a deal with CRRC Guangdong, marking the firm’s first investment in the railway equipment industry in the neighbouring province and it seeks to gain further access to the Greater Bay Area market. The deal between the local rail giant and the train parts maker was signed in Beijing on…
A diplomatic breakthrough with China is the only short-term fix for easing the shortage of rare-earth magnets, a top executive at one of the largest auto components maker said, as the exports curbs by the East Asian nation chokes the production of electric vehicles. Source link
By Akash Sriram (Reuters) -Computer vision technology firm RealSense said on Friday it has completed its spinout from Intel Corp (INTC) and secured $50 million in early-stage funding to accelerate expansion into the rapidly growing robotics sector. The company develops cameras that enable machines and devices to perceive the world in three dimensions, allowing them…
6 Secret Service personnel suspended without pay after last year’s shooting at Trump rally – CBS News Watch CBS News Sunday marks one year since President Trump was shot at a campaign rally in Butler, Pennsylvania. CBS News has learned six Secret Service personnel were suspended following the incident without pay, then placed into restricted…
TOKYO – Japan’s government said Friday China completed a key step toward resuming Japanese beef imports, paving the way for their restart after a 24-year hiatus. China’s completion of its domestic quarantine procedure came after Chinese Vice Premier He Lifeng held talks with a senior Japanese ruling party lawmaker earlier in the day. The vice…