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ASE Group sells off four factories in China to fuel Taiwan expansion

TAIPEI (Taiwan News) — Taiwan’s ASE Group announced Wednesday (Dec. 1) it will sell off four factories in China. The company plans to invest the profits from the sale to expand its pres...

China's Sept exports surprisingly robust despite power crunch

BEIJING, Oct 13 (Reuters) - China's export growth unexpectedly accelerated in September, as still solid global demand offset some of the pressures on factories from power shortages, supply bottlen...

China power crunch slams factories as coal lobby warns woes could stay until winter

SHENYANG, China, Sept 30 (Reuters) - Small firms caught in China's prolonged energy crunch are turning to diesel generators, or simply shutting shop, as coal industry officials voiced fears about ...

China power crunch slams factories as coal lobby warns woes could stay until winter

SHENYANG, China, Sept 30 (Reuters) - Small firms caught in China's prolonged energy crunch are turning to diesel generators, or simply shutting shop, as coal industry officials voiced fears about ...

Asian shares boosted by stronger China factory data

TOKYO (AP) — Asian shares were mostly higher on Monday buoyed by further signs of recovery in China's manufacturing sector. Japan's benchmark Nikkei 225 added 1.4% to 23,303.42 in mo...

Business Highlights

___ US retail sales rise for 3rd month but slowdown expected WASHINGTON (AP) — Americans increased their retail purchases by 1.2% in July, with solid gains in appli...

China factory output flat, retail sales slip in July

BEIJING (AP) — China's factory output rose just under 5% last month from a year earlier while retail sales fell slightly, suggesting the country's recovery from the coronavirus pandemic remains muted....

Asian shares rise after Wall St rally, strong housing data

TOKYO (AP) — Asian shares rose Tuesday, cheered by a rally on Wally Street reflecting some optimism over stronger than expected economic data, despite widening coronavirus outbreaks. ...

China factory activity improves in June but exports weak

BEIJING (AP) — China’s manufacturing activity improved in June after anti-virus controls were eased to revive the economy but export demand was weak, a survey released Tuesday showed. ...

Asian shares rise after Wall St rally, strong housing data

TOKYO (AP) — Asian shares rose Tuesday, cheered by a rally on Wally Street reflecting some optimism over stronger than expected economic data, despite widening coronavirus outbreaks. ...

Retailers face reckoning as April's sales drop sets a record

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to national and global response, the work place and the spre...

China struggles to revive manufacturing amid virus outbreak

BEIJING (AP) — Factories that make the world’s smartphones, toys and other goods are struggling to reopen after a virus outbreak idled China’s economy. But even with the ruling Communist Party promisi...

Asian stocks rise after China factory activity improves

BEIJING (AP) — Asian stock markets rose Monday after Chinese factory activity improved ahead of a possible U.S. tariff hike on Chinese imports. Benchmarks in Shanghai, Tokyo and Hong...

Asian stocks rise after China factory activity improves

BEIJING (AP) — Asian stock markets rose Monday after Chinese factory activity improved ahead of a possible U.S. tariff hike on Chinese imports. Benchmarks in Shanghai, Tokyo and Hong...

19 killed in China factory fire ahead of National Day

BEIJING (AP) — Nineteen people have died in a factory fire in eastern China just ahead of massive countrywide National Day celebrations. The official Xinhua News Agency says the fire...