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SEOUL -- The biggest trade union of Samsung Electronics asked its more than 30,000 members to join an all-out strike on Wednesday, raising tensions with management as the two sides lock horns over pay.
TOKYO -- Japanese trading house Itochu is joining a smart city project in the southern Taiwan city of Tainan, trialing AI systems for transportation and energy data management with an eye toward winning bigger business.
The dollar lost around 2% against the Japanese yen on Thursday as the market was suddenly jolted by fresh inflation U.S. data.
NEW DELHI -- Indian Prime Minister Narendra Modi is set to meet Russian President Vladimir Putin in his first visit to Moscow since the war in Ukraine began in February 2022 and discuss the gamut of bilateral ties -- including defense, energy and trade -- as well as key regional and global issues.
“They see Asian tiger economies and political systems as being in a state of transition,” said British political and security analyst Christopher Blackburn. “These countries already have good regional infrastructure. But Europe can help with boosting and accelerating wealth, development, and human potential.”
India’s prime minister begins a two-day visit to Russia on Monday, his first since Moscow launched its invasion of Ukraine, a war that has complicated the relationship between the longtime allies and pushed Russia closer to India’s rival China.
FRANKFURT, Germany (AP) — The European Union is imposing sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing’s burgeoning exports of green technology to the 27-nation bloc.