• In Asia, economy and security can’t be separated0

    Australian Prime Minister Anthony Albanese, U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida arrive for the Quad Leaders’ Summit in Tokyo on May 24. Saul Loeb | Afp | Getty Images TOKYO — Security deals are important, but in Asia, money talks. Australia, India, Japan and the United

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  • U.S.-China tariffs, oil and currencies0

    SINGAPORE — Markets in Asia-Pacific were subdued in Tuesday trading, as investors weighed a possible thawing of U.S.-China trade relations as U.S. President Joe Biden floated the idea of tariff cuts on Chinese goods. Chinese stocks were little changed in early trade. Hong Kong’s Hang Seng index was 0.43%. The Shanghai Composite was flat, while

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  • US, Japan and South Korea focus on semiconductors as Biden visits Asia0

    TOKYO — As U.S. President Joe Biden visits Japan and South Korea, the three countries are looking for common ground on the world stage. One place they’re finding it is semiconductors. A first stop for Biden on his first swing through Asia as president was a Samsung factory in South Korea. “These little chips, only

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  • Biden in Japan to launch regional economic plan to counter Beijing0

    U.S. President Joe Biden is greeted by Japan’s Foreign Minister Yoshimasa Hayashi upon arrival in Yokota Air Base in Fussa, Tokyo prefecture on May 22, 2022. Biden arrived in Japan on Sunday to launch a plan for greater U.S. economic engagement with the Indo-Pacific, facing criticism even before the program is announced that it will

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  • Another baby formula shipment from Europe to arrive in the U.S. on Wednesday0

    Empty shelves show a shortage of baby formula at a Target store in San Antonio, Texas, May 10, 2022. Kaylee Greenlee Beal | Reuters FedEx Express has secured a government contract to bring another shipment of infant formula to the U.S. on Wednesday, NBC News reported. The Express plane will fly Nestlé baby formula from Ramstein

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  • Hyundai plans $5 billion investment in U.S. on mobility technology0

    Drew Angerer | Getty Images News | Getty Images Hyundai Motor said on Sunday it plans to invest $5 billion in the U.S. by 2025 to further develop mobility technologies in areas like autonomous driving, robotics, and A.I. The investment comes alongside the automaker’s recent announcement of a plan to spend $5.54 billion to build its first

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