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For decades, China has moved methodically to dominate ever more industries, from toys and clothing in the 1980s to semiconductors and renewable energy today. China now produces a third of the world’s manufactured goods — more than the United States, Germany, Japan, South Korea and Britain combined. Its trade surplus in these goods is equal to a tenth of the entire Chinese economy.
Anglo American plans to spin off its highly prized De Beers diamond unit as part of a sweeping restructuring of its 107-year-old business as it seeks to fend off persistent takeover bids from mining rival BHP Group.
MUZAFFARABAD, Pakistan (AP) — Protests against price hikes continued for the fourth day in Pakistan-controlled Kashmir with demonstrators clashing with police, officials said Monday, while government talks began with the International Monetary Fund in pursuit of billions of dollars in new support.
LONDON/NEW YORK -- China's representative in the United Kingdom on Monday slammed the arrest of three individuals, including a staffer at the Hong Kong Economic and Trade Office, on allegations of spying for the Hong Kong intelligence service.
LONDON (Reuters) -- Three men charged with assisting Hong Kong's foreign intelligence service in Britain appeared in a London court on Monday after a series of arrests across England.
LONDON — U.K. Prime Minister Rishi Sunak declared Monday that Britain is at a "crossroads" and in need of bold new ideas as he seeks to reignite waning support for his ruling Conservative Party ahead of a general election.
Vast protests have broken out in the Pakistan-controlled part of Kashmir, driven by outrage over soaring electricity bills and flour prices in a region that has long suffered economically because of its status as a conflict zone.
The Tokyo-based company earned a better-than-expected net income of 231.1 billion yen (US$1.5 billion) in the March quarter, compared with a net loss of 57.6 billion yen a year earlier, helped by investment gains at the holding company and on derivative contracts. For the full year, SoftBank reported a narrower net loss of 227.7 billion yen, beating expectations.