Thursday made for a somewhat uneven day for global trade after 11 countries signed a revised remaining Trans-Pacific Partnership countries inkeda revised landmark Asia Pacific trade pact without the U.S., and on the same day U.S. President Donald Trump signed tariffs on iron and aluminum imports. The revised trade agreement, […]
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Foreigners could ease Japan’s labor shortage, but Tokyo prefers robots
Japan’s shrinking population has triggered the country’s worst labor crunch in a quarter of a century. With a job-to-applicant ratio at levels unseen since the mid-1970s, economists have long recommended to Prime Minister Shinzo Abe that he loosen the country’s strict immigration rules. But a deep-seated emphasis on cultural homogeneity […]
Trump is ‘being played’ by Kim Jong Un’s offer to meet
Once there was “fire and fury.” Now there’s a face-to-face summit. But policy experts still worry Trump is making a policy mistake. Trump has repeatedly criticized his predecessors for giving the North concessions in exchange for negotiations that never stopped the progress of North Korea’s nuclear weapons program. The Republican […]
The last two times North Korea said it was giving up its nukes, it was lying
For decades, the international community has tried to stop North Korea’s nuclear weapon and missile development. It has failed. The pariah state has promised disarmament more than once, only to repeatedly backtrack on its commitments. It has duped multiple U.S. presidential administrations, each of which has passed the North Korea […]
Bitcoin prices fall below $9,000 — a 24% decline for the week
Bitcoin fell below $9,000 during Friday afternoon Asia trade, extending losses seen earlier in the week when it dropped below the key $10,000 level. The digital currency traded at $8,671.67 at 12:37 p.m. HK/SIN after touching as low as $8,587.05 earlier in the day, according to industry site CoinDesk. At […]
This tech entrepreneur thinks lack of experience could be the key to success
When you’re starting out in your career it can be easy to be intimidated by those you think know more than you. But according to tech entrepreneur and professional explorer, Yossi Ghinsberg, sometimes the lack of experience can be what keeps you going and, ultimately, brings success. He should know. […]
The Obamas may be producing shows for Netflix soon, says report
Former president Barack Obama is in advanced talks with Netflix to produce a series of shows that would be available only on the streaming service, the New York Times reported on Thursday. If the deal goes through, Obama and his wife, Michelle, would provide exclusive content to Netflix that will […]
Japan says tariffs decision may have ‘big impact’ on bilateral relations with US
The United States’ decision to impose tariffs on steel and aluminium was “regrettable” and will likely have a “big impact” on economic ties between Japan and the United States, Japanese Foreign Minister Taro Kono said in a statement on Friday. Kono said the decision would also impact the global economy, […]
Twitter taps distinguished engineer Parag Agrawal as new CTO
Twitter on Thursday updated its website to reflect that it has appointed a new chief technology officer, Parag Agrawal. He takes the position most recently held by Adam Messinger, who left in late 2016. The appointment was announced internally in October, during a quarter when Twitter managed to produce a […]
Several candidates have been approached to lead Amazon’s health venture with Berkshire and JPM
Amazon, Berkshire Hathaway and JPMorgan Chase are searching for a CEO for their new joint venture to improve health care for their employees while lowering costs. The group is casting a wide net across the health care industry to find the right person, say several sources familiar with the search, […]