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TOKYO -- Japan has been lagging South Korea and Taiwan in nurturing competitive midsize businesses due to its rigid classification of companies into large and smaller based on the amount of capital and the number of employees.
Subsidy investigations started by the European Union interfere with the mutually beneficial cooperation between China and Europe, and China resolutely opposes them, a Chinese commerce ministry official said.
WASHINGTON (Reuters) -- U.S. energy company Chevron has quit the Yadana natural gas field in Myanmar, a spokesperson said on Monday, more than two years after it condemned violence and human rights abuses there and announced it would leave.
Sri Lanka has limited options but to turn to China for help in financing massive infrastructural projects, but the move is not expected to become a debt trap for the island nor affect its relations with India and the United States.
Real wages in Japan fell for a 23rd straight month, suggesting that high inflation is still biting into consumer spending power in the country.
China's commerce minister kicked off a trip to Europe by meeting top Chinese automakers BYD and CATL, as he prepares to discuss an ongoing probe by the bloc into whether China's EV industry has benefited from unfair subsidies.
Japan is likely to see the sharpest wage hikes in 33 years following "shunto" negotiations that prompted the country's central bank to raise interest rates for the first time in 17 years on hopes that higher salaries will fuel domestic demand and drive inflation.
Bankrupt crypto exchange FTX has struck a deal with a consortium of buyers to sell the majority of its stake in artificial intelligence startup Anthropic for $884 million, according to a filing submitted late Friday to a Delaware court.