Major intervention by Tokyo this week has lifted the currency from 34-year lows, while the dollar has had its worst week in two months, but concerns about the currency and economy remain
Former foreign exchange division boss says Tokyo’s prime motivation is to prevent speculators sparking a currency meltdown
The President said migration was good for the US economy, which is a global outlier with a positive growth forecast for 2024
Korean giant sees 10-fold rise in first quarter profit to over $52 billion, says strong AI demand will tighten supply of high-end chips. It plans to make the industry's first 12-layer chip
Interest in local Chinese partnerships comes at a time when foreign carmakers are quickly losing share in the world’s biggest car market
Chinese foreign ministry urges the US not to implement the "negative, China-related" parts of the military aid package passed by Congress last week
According to the IMF, India is also expected to overtake Germany to become the world's third-largest economic power by 2027
Taiwan chip giant says it's been lifted by huge demand for advanced chips for AI and data centres, forecasts a big lift in second-quarter sales
US tech giant plans to spend $8 billion over the next decade to grow Oracle Cloud Infrastructure, its cloud computing service, across Japan
Fading hopes of a US interest rate cut anytime soon have pushed the Japanese currency to 34-year lows
With Japanese firms now wary about investing in China, the US's economic resilience has proven too strong to ignore
A new report, by chip expert Chris Miller, said shipments from China accounted for 88% of the chips Russia acquired, measured by dollar value, in the first half of 2023