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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.
Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.
BANGKOK -- Myanmar's cash-strapped military regime has intensified its scrutiny of the nation's 580 labor agencies in a bid to make more money from overseas workers' remittances to address its foreign currency shortage and stabilize the economy.
JAKARTA (Reuters) -- Over 1,000 motorcycle taxi drivers staged a strike in several Indonesian cities on Thursday to protest against low pay, and called on the government to provide more protection against what they say are unfair practices by ride-sharing companies.
HONG KONG -- China's state-owned oil majors are tightening up on capital investment while making plans to hand out record dividends, under mounting central government pressure to focus more on stock market performance and shareholder returns.
PALO ALTO, California -- U.S. chipmaker Nvidia reported another blockbuster earnings quarter on Wednesday, as tech companies around the world eagerly await its next generation Blackwell chips to further accelerate artificial intelligence development and deployment.
(Reuters) -- Rice export prices in Thailand rose to their highest level in two months this week on the back of a stronger baht, while floods in Bangladesh raised supply concerns.
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.