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Huawei, ZTE Suffer U.S. Sales Ban

Chinese smartphone manufacturers Huawei Technologies and ZTE have suffered a major sales setback following the U.S. Government's decision to ban the approvals of new telecommunications equipment from the two companies. According to the Biden administration, this equipment poses "an unacceptable risk" to U.S. national...

Asian Markets Slide Amid Recession Warnings

Asian markets waned on Friday as global concerns of a coming recession prompted mass selloffs. Both the World Bank and the International Monetary Fund warned of the possibility, with European markets looking set to follow Asia's trend as investors brace for an impending U.S....

Japan Government and Automakers to Discuss Industry Future

The Japanese government is aiming to meet with automakers to discuss the future of the country's automotive industry as soon as next month, Japanese industry minister Yasutoshi Nishimura said on Sunday. The head of the Ministry of Economy, Trade, and Industry revealed this plan...