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By the same token, she says moving away from China’s trickier business environment – especially for companies that want to steer clear of sanctions Washington has imposed – will not always be practical since the country remains a critical part of global supply chains. You truly have to be partners with China, she says.
Japan's Nikkei Stock Average this week surpassed its all-time high of 38,915, a mark set 34 years ago, powered by semiconductor-related stocks as upbeat earnings results fueled optimism. Why has the blue-chip gauge risen so much, and how has Japan's stock market changed in recent years?
NEW YORK -- China's domestic tourism revival helped power earnings for the big global hotel groups last year, but the return of Chinese visitors to the U.S. remains well below pre-pandemic levels.
TOKYO -- Japanese banks' anti-money laundering measures will face a review by an international organization in August 2028, following a previous screening in which the country received a failing grade.
TOKYO -- The Japanese government is stepping up efforts to back generative artificial intelligence startups in the country by providing free access to AI computing resources, which are becoming scarce amid the global boom in AI since the launch of OpenAI's ChatGPT.
TOKYO -- Japan intends to provide about 730 billion yen ($4.85 billion) in subsidies for Taiwan Semiconductor Manufacturing Co.'s second Kumamoto plant, aiming to boost the country's competitiveness with domestic production of cutting-edge chips.
HONG KONG -- Standard Chartered reported solid, double-digit, top and bottom line growth in 2023, while its China operation continued to be impacted by the country's real estate crisis.
Germany on Friday joined the small group of countries and jurisdictions that have legalised cannabis when the Bundestag passed a law allowing individuals and voluntary associations to grow and hold limited quantities of the drug.