Tag - trade

 
 

TRADE

A Nvidia chip during the Taipei Computex expo in Taipei on May 29, 2023
BUSINESS / Tech
Oct 28, 2024
How a Mumbai drugmaker is helping Putin get Nvidia AI chips
An inconspicuous pharmaceutical company exported 1,111 units of Dell Technologies' most-advanced servers to Russia in April-August of this year.
Flames leap out of an oven where rare-earth-based chemicals are roasted for more than 20 hours, in Changshu, China.
BUSINESS / Tech
Oct 27, 2024
China tightens its hold on minerals needed to make computer chips
The country already produces nearly all the world’s supply of these materials. The new restrictions solidify that market dominance.
Indian Prime Minister Narendra Modi and German Chancellor Olaf Scholz.
WORLD / Politics
Oct 24, 2024
Germany is courting India as ties with China sour: What to watch
The trip to India comes at a crucial time for Germany as it struggles to revive its economy, which has been buffeted by the war in Ukraine and competition from China.
Preparations ahead of the Bloomberg New Economy event at the B20 in Sao Paulo, Brazil, on Wednesday
WORLD / Politics
Oct 24, 2024
Brazil's business leaders reluctant to pick between U.S. and China ties
Brazil’s agriculture minister has called for the country to join China’s Belt and Road, the superpower’s flagship global trade and infrastructure program.
Taiwanese chipmaker Taiwan Semiconductor Manufacturing Co. has halted shipments to a client after discovering semiconductors delivered to them found their way into Huawei products.
BUSINESS / Tech
Oct 24, 2024
TSMC cuts off client after discovering chips sent to Huawei
It’s unclear whether the TSMC client was acting on Huawei’s behalf, or where it’s based.
Trump has threatened blanket 60% tariffs on China, forcing some companies to consider shifting their supply chains to Southeast Asia.
BUSINESS
Oct 23, 2024
China's exporters run for cover as U.S. election nears
A Trump trade war 2.0 would be a moment of reckoning for many Chinese exporters, whose profits are dwindling under heavy deflationary pressure.
Former European Central Bank chief Mario Draghi presents his report on the future of European competitiveness to the European Parliament in Strasbourg, France, on Sept. 17.
COMMENTARY / World
Oct 23, 2024
Europe’s wake-up call on innovation and competitiveness
Europe stands at a critical juncture, needing to choose between maintaining the status quo or moving toward deeper integration.
The concept of "Buy American" has gained political traction among both leading U.S. parties, appealing to nationalist sentiments and the idea of supporting domestic jobs. But such a policy comes with real costs, monetary and otherwise.
COMMENTARY / World
Oct 23, 2024
‘Buy American’ policies don’t help Americans
Overall, the study's researchers estimate that "Buy American" provisions cost about $125,000 per job created, a relatively expensive investment.
Imports of Japanese koi were suspended in November 2023, when Chinese authorities stopped renewing import permits to fish farms once they expired from the end of October 2023.
JAPAN
Oct 22, 2024
China resumes imports of Japanese koi fish
Imports were suspended in November 2023, when Chinese authorities stopped renewing import permits to fish farms once they expired.
Built by Russian energy giant Gazprom, the pipeline from Comprehensive Gas Treatment Unit No.3 runs about 3,000 kilometers from the Chayandinskoye and Kovyktinskoye gas fields in the coldest part of Siberia to Blagoveshchensk, near the Chinese border.
BUSINESS / Markets
Oct 22, 2024
China overtaking Europe as top market for Russia’s pipeline gas
Russia’s Gazprom exported 23.7 billion cubic meters of natural gas to China in January-September, compared with 22.5 billion cubic meters to European customers.
Gantry cranes at the Yantian International Container Terminals in Shenzhen, China, on April 15
BUSINESS / Economy
Oct 21, 2024
World economy fault lines shift from prices to politics and debt
The U.S. presidential election, soaring government debt and the escalating conflict in the Middle East all hang over the global economic outlook.
Republican presidential nominee and former U.S. President Donald Trump attends a roundtable in Auburn Hills, Michigan, on Friday.
ASIA PACIFIC / Politics
Oct 19, 2024
Trump says he would impose tariffs on China if it were to 'go into Taiwan'
Asked if he would use military force against a blockade on Taiwan by China, Trump said it would not come to that because Xi Jinping respected him.
The Tokyo Electron logo is displayed at the Semicon Japan exhibition in Tokyo last December.
BUSINESS / Tech
Oct 19, 2024
Japan pressed by U.S. lawmakers to strengthen chip curbs on China
China remains a crucial and lucrative market for all chip toolmakers, and officials in Tokyo and the Hague are cautious about imposing more restrictions.
At least 10 firms have temporarily suspended some business activities with Nomura because of its market manipulation scandal.
BUSINESS / Companies
Oct 18, 2024
Big clients halt trades with Nomura over market manipulation scandal
At least 10 firms have temporarily suspended some business activities with Japan's biggest brokerage because of the breach.
China has shifted the economic narrative. The country's rapid growth and production under a repressive regime challenges the idea that good institutions are necessary for wealth.
COMMENTARY / World
Oct 18, 2024
Beijing’s success is a conundrum for Nobel winners
China has shifted the economic narrative. The country's rapid growth under a repressive regime challenges the idea that good institutions are necessary for wealth.
Components of a Huawei Technologies smartphone. Lawmakers in the U.S. are pushing to block Huawei suppliers from buying American chipmaking gear.
BUSINESS / Tech
Oct 17, 2024
Key lawmakers push to cut off Huawei suppliers from U.S. chip gear
The U.S. and its allies have broadly blocked sales of the most advanced chips and manufacturing gear to China.
Exports declined 1.7% from a year ago, led by cars, mineral fuels and construction machinery and slipping to negative growth for the first time since November last year.
BUSINESS / Economy
Oct 17, 2024
Japan’s exports fall most since 2021 amid global slowdown
Exports declined 1.7% from a year ago, led by cars, mineral fuels and construction machinery.
CEATEC brings together 808 companies and organizations from Japan and abroad.
BUSINESS / Tech
Oct 15, 2024
CEATEC begins near Tokyo as humanity enters 'a new era' with AI
The trade fair showcases products and services that employ artificial intelligence and other advanced technologies.
Renault R4 E-Tech electric cars are displayed during the media day at the 2024 Paris Motor Show on Monday.
BUSINESS
Oct 15, 2024
China-Europe rivalry heats up at Paris car show as EV tariffs loom
Struggling European automakers need to prove they are still in the game, while Chinese rivals are aiming to get a foothold in a competitive market.
Then-U.S. President Donald Trump welcomes his visiting French counterpart,  Emmanuel Macron, in Washington in April 2018. European leaders, such as Macron, recognize the need to adapt to a new reality where globalization may no longer drive growth, especially if Trump wins the U.S. election.
COMMENTARY / World
Oct 7, 2024
Trump-proofing Europe looks impossible
Global supply chain strengths turn into weaknesses in a fragmented world, with unreliable access to cheap energy, Chinese consumers and U.S. security.

Longform

An ongoing shortage of rice has resulted in rising prices for Japan's main food staple.
Why Japan is running out of rice — and farmers to grow it