Asia cheers Biden-Xi meet but wants more US trade, official says
Asian nations eager for the US and China to get along were pleased that Presidents Joe Biden and Xi Jinping met face-to-face last month, but…
Swiss immigration fears risk crashing EU talks once again
Switzerland is about to make another push to improve its fractured relationship with the European Union, and the plan is under pressure before it’s even…
China’s AI chipmaker Biren wins $280 million in funding pledge after US sanction
Chinese artificial intelligence chip firm Shanghai Biren Intelligent Technology Co. has recently secured a pledge of 2 billion yuan ($280 million) from Guangzhou government-backed investors…
Philippines eyes onion imports to avert another price surge that made it costlier than meat
The Philippines is planning to import tons of onions to prevent another “absurd increase” in prices, which soared earlier this year on tight supply and…
South Korea’s exports pick up momentum as chips bounce back
The recovery in South Korea’s exports accelerated in November on the back of a rebound in semiconductor demand, boosting optimism for the country’s economic outlook…
US sets stringent limits on Chinese content for EV tax credit
The number of electric vehicles eligible for consumer tax credits in the US is poised to shrink after the Biden administration set rigorous limits on…
US and allies impose new sanctions on old North Korean foe
The US and three of its partners united to impose sanctions on North Korea for its spy satellite launch, with a primary target being an…
ASML’s new chief is stepping into the middle of a trade war
When ASML Holding NV Chief Executive Officer Peter Wennink took over a decade ago, he was leading an under-the-radar Dutch technology company where China sales…
China reviews tariffs on Australian wine for possible scrapping
The Chinese government has begun reviewing its tariffs on Australian wine, with Beijing likely to remove the taxes in the coming months to end years…
EU weighs concession in US steel feud, fearing Trump return
Donald Trump hasn’t even secured the Republican nomination for the 2024 US election but the prospect of another Trump term has the European Union so…
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