Some Famously Efficient Japanese Manufacturers Are Now Lying to Compete

Japanese manufacturers were once held in awe for their mastery of flexible manufacturing and a continuous improvement mantra that revolutionized business practices the world over. Even now, for example, Fanuc remains the preeminent maker of sophisticated robots, sought by manufacturers from China to the U.S. But an increasing number of

Profits Lift Asian Stocks as Dollar, Bonds Steady: Markets Wrap

Most stocks in Asia rose after earnings reports across a range of sectors helped send U.S. gauges to new all-time highs. Treasury yields were steady after rising on higher chances for a U.S. interest-rate increase this year.Equity benchmarks advanced in Tokyo, Sydney and Hong Kong. The dollar was little changed

‘A huge deal’ for China as the era of Xi Jinping Thought begins

Decision to grant Xi his own eponymous school of thought represents a momentous occasion in Chinese politics and historyChinas communist leader, Xi Jinping, looks to have further strengthened his rule over the worlds second largest economy with the apparent confirmation that a new body of political theory bearing his name

Xis Grand Vision for China Prioritizes Party Power Over Reform

President Xi Jinping laid out a sweeping vision to transform China into a strong global power while guaranteeing Communist Party rule for decades. Those looking for details on major economic reforms didn’t find much.In a speech to party cadres that went on for more than three hours, Xi on Wednesday outlined

North Korea Warns That Nuclear War Could Break Out Any Moment

North Korea warned that a nuclear war “may break out any moment” as the U.S. and South Korea began one of the largest joint naval drills off both the east and west coasts of the peninsula.Kim In Ryong, North Korea’s deputy ambassador to the United Nations, said on Monday that

Rio on Track for Record Iron Ore Exports as China Imports Surge

surged above 100 million tons to a record in September, topping a previous high set in 2015, as the world’s top steelmaker’s drive to boost air quality stokes demand for imported higher-grade and less-polluting raw materials. “Rio will remain a beneficiary of ongoing reforms in China, which appear to be

China’s Factory Inflation Rebounds Amid Capacity Cuts

China’s factory prices jumped more than estimated as domestic demand remained resilient and the government continued to reduce excess industrial capacity. Consumer price gains matched projections.Key PointsThe producer price index rose 6.9 percent in September from a year earlier, versus an estimated 6.4 percent in a Bloomberg survey and a

N. Korea Ready for Missile Test Any Time as Drill Approaches

South Korean military officials are readying for another possible missile launch by Pyongyang as they prepare for a joint military drill with the U.S. on the disputed peninsula this week.Multiple South Korean media reports citing unidentified military officials on Saturday and Sunday said North Korean missile vehicles “kept appearing and disappearing”

The Risk of Failure Is Enormous for Donald Trumps Iran Strategy

The strategy that President Donald Trump has laid out to confront Iran and renegotiate a 2015 nuclear agreement requires a string of big bets to pay off in short order. The risk of failure is enormous.A hostile Congress must agree to pass legislation to toughen the terms of the accord.