We drove Chinese EVs to see why rival automakers are worried
Trade groups say Chinese electric vehicles pose an "existential threat" to the U.S. auto industry.
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Trade groups say Chinese electric vehicles pose an "existential threat" to the U.S. auto industry.
TOKYO -- Japanese robot maker Fanuc has been withholding investment and reducing excess inventory, a defensive approach that has boosted its free cash flow to 560 billion yen ($3.8 billion) and has investors wondering when and how it will use this war chest.
HONG KONG -- Cambodian casino operator NagaCorp said it will log an impairment charge of nearly $100 million on a Russian gambling project stalled by the Ukraine war, potentially dragging its earnings into negative territory.
Ukraine's audacious incursion into Russian border territory a week agocame as a surprise to many officials within the government in Kyiv, a senior Ukrainian official familiar with the matter told CNBC Monday — only a handful of people knew about the operation beforehand,and government officials have since been ordered to be in "silent mode" as to its strategic goals.
China and Russia have pressed an informal political and economic alliance against the West. Now they are stepping up the cooperation between their militaries with increasingly provocative joint war games.
TOKYO (AP) — A Japanese business executive who was detained in Myanmar for more than a month has been released after being convicted of violating rice pricing rules, officials said Tuesday.
Controversy in South Korea over key academic appointments has reopened old war wounds between Seoul and Tokyo, with officials facing allegations of legitimising Japan’s colonial rule to shore up security ties with Tokyo and Washington.
SADO, Japan -- A gold and silver mine complex on Japan's Sado Island has been registered as a UNESCO World Heritage Site after Tokyo and Seoul agreed on how to handle the site's troubled history -- a rare compromise between two countries where historical grievances often have been turned to political advantage.