An Australia-based startup is planning a A$300 million ($210 million) factory to build lithium-ion batteries free of materials from China, as automakers to utilities seek alternatives to the industry’s dominant producer.
A top-performing Chinese macro hedge fund is warning that any pickup in the nation’s consumer spending will be mild, casting doubt on a key theme many investors expect will fuel a stock market rally this year.
Taiwan’s exports of integrated circuit chips rose in 2022 for a seventh consecutive year, further solidifying the economy’s leadership status in a global semiconductor industry that has been roiled by US-China tensions and diversifying supply chains.
As business leaders in Japan face greater pressure to raise wages in an inflationary environment, they’re becoming more vocal about the need to pay employees based on merit.
The latest discovery of classified material at Joe Biden’s home in Wilmington, Delaware, highlights the long-term political and legal risk to the president from a rapidly unfolding investigation that could yield further damaging revelations.
US accident investigators have opened probes into the near-collision of two jets on a runway at New York’s John F. Kennedy International Airport.
At least 68 people were killed after a Yeti Airlines flight crashed in Nepal on Sunday just seconds before it was due to land, the latest deadly air disaster in the Himalayan nation.
President Joe Biden delivered a sermon on Sunday at Martin Luther King Jr.’s historic Ebenezer Baptist Church in Atlanta, testing out themes he’ll need to drive turnout of Black voters in his expected 2024 re-election campaign.
House Republicans “won’t budge” on demands for federal spending cuts in return for agreeing to lift the debt ceiling and avoid a US payment default, GOP Representative James Comer said.
Israel’s inflation remained at the highest since 2008, despite the central bank embarking on its longest cycle of interest-rate hikes in decades.
