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In recent years, under two different presidents, the US has approached the question of trade and globalisation through one key assumption: that America’s middle class lost its manufacturing jobs to countries like China and that those jobs must now be brought back, partly through a series of tariffs.
“Of course, we were all sad, but we just have to accept it as God’s will. It was a nice place to work and the salary was good,” said Benny, who asked that This Week in Asia withhold his full name due to confidentiality clauses tied to his lay-off.
TOKYO -- Taiwanese PC manufacturer Acer plans to sharply increase shipments of computers equipped with artificial intelligence features, Chairman and CEO Jason Chen told Nikkei.
This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here.
Nvidia shares fell on about 6% Thursday, as the company's fiscal second-quarter gross margin dipped slightly, and its revenue beat was eclipsed by a backdrop of increasingly lofty expectations.
Hi everyone! This is Cheng Ting-Fang saying hello from Taipei.
TOKYO -- Toyota Motor on Thursday said it would extend the suspension of production at all plants in Japan until Friday as a powerful typhoon that is expected to traverse much of the country made landfall in the south and caused flooding, damage and dozens of injuries.
From 1985 to 2022, the share of Japanese goods in US imports dropped from 22 per cent to 5 per cent, and Japan’s share of global manufacturing exports declined from 16 per cent to 4 per cent. Moreover, Japan’s share of global manufacturing value added fell sharply, from 22 per cent in 1992 to 5 per cent in 2022. The number of Japanese companies on the Fortune Global 500 list dropped from 149 in 1995 to just 41 today.