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WASHINGTON -- Top finance officials from the U.S., Japan and South Korea expressed shared concerns over the recent weakness in the yen and the won at their first trilateral meeting Wednesday, vowing to maintain close communication over volatility in the currency market.
TOKYO -- Fujifilm Holdings will invest 1.9 trillion yen ($12.3 billion) in health care, chipmaking materials and other areas where it seeks growth over the next three fiscal years, the company said Wednesday.
Wei Li is a senior lecturer in international business at the University of Sydney Business School and a member of the university's China Studies Centre.
The effect the carbon footprint of rich countries is having on developing nations who enjoy very few of the benefits.
SEOUL, South Korea (AP) — The United States and its allies are discussing options “both inside and outside the U.N. system” to create a new mechanism for monitoring North Korea over its nuclear weapons program, the American ambassador to the United Nations said Wednesday.
JAKARTA, Indonesia (AP) — Apple CEO Tim Cook said the company will “look at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday.
“We talked about the president’s desire to see manufacturing in the country, and it is something that we will look at,” Cook told reporters after the meeting.
And President Xi Jinping might conclude that the yen’s drop affords China the geopolitical cover to engineer a weaker yuan.