Panasonic of Japan sells its auto business subsidiary PAS to a fund managed by US private equity firm Apollo. Apollo said the price is equivalent […]
Year: 2024
Netherlands Spends $21.1 Billion to Prevent ASML from Leaving
Improving Infrastructure The Dutch government announced on Thursday that it will spend 2.5 billion euros to improve transportation and other infrastructure in Eindhoven to ensure […]
The US revises export restrictions on Chinese chips
The US revises export restrictions on Chinese chips, including laptops with advanced chipsThe US Department of Commerce revised and updated on Friday the export restriction […]
The US Department of Energy buys 2.8 million barrels to replenish strategic oil reserves
The US Department of Energy disclosed that it has purchased 2.8 million barrels of crude oil to replenish strategic petroleum reserves. The US government announced […]
Huawei achieved revenue of CNY704.2 billion in 2023 Profits Jump 144%
Huawei released its 2023 financial report yesterday (29th), with annual revenue of 704.2 billion yuan, an increase of 9.6% year-on-year; among them, net profit was […]
The US the number of initial jobless claims fell to 210,000 last week
The US Department of Labor announced that as of the week ending March 23, the number of initial jobless claims was 210,000, a decrease of […]
US and Japan call for deeper cooperation in AI, semiconductor fields
The Asahi Shimbun reported on Saturday (March 30) that when Japanese Prime Minister Fumio Kishida meets with President Joe Biden next month, the two countries […]
New yen banknotes are about to come into circulation, and Shibusawa Eiichi is here.
The new version of the Japanese banknote will be in circulation in the market. Among them, "Shibusawa Eiichi" will replace "Fukuzawa Yukichi", who has been […]
Myanmar's junta accuses rebel forces of deceiving young people to defect.
The Myanmar Defense Services held a military parade in Naypyidaw, the capital, on Wednesday to mark the Armed Forces Day. The junta, citing the hot […]
Seoul bus labor-management negotiations reach a compromise, and the strike ends immediately
At 3 p.m. later, the Seoul municipal government reached an agreement with the public bus union on labor-management compensation negotiations, and the public bus service […]