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economy

US firms voice 'concern' over China's new supply chain rules

US firms voice 'concern' over China's new supply chain rules

China's new supply chain regulations could be a "concern" for US firms, the American Chamber of Commerce in China warned on Thursday. The regulations, released on April 7, allow Chinese authorities to take measures against foreign companies or individuals that "harm China's industrial

France must avoid becoming 'hostage' on critical minerals: trade minister

France must avoid becoming 'hostage' on critical minerals: trade minister

France and "like-minded countries" must work together to avoid becoming "hostages" on critical minerals used in everything from phones to solar panels, Paris's trade minister said Thursday. Speaking in Sydney, Nicolas Forissier told journalists that France was working to expand cooperation with Australia

Chip giant SK hynix posts record quarterly profit on AI boom

Chip giant SK hynix posts record quarterly profit on AI boom

Chip giant SK hynix said Thursday that net profit soared almost 400 percent to a record high in the first quarter thanks to the artificial intelligence boom, which helped it shrug off concerns that the Middle East war could hit the semiconductor industry. Huge investments from governments and major technology

Sellers in China trade hub seek tariff reprieve from Trump visit

Sellers in China trade hub seek tariff reprieve from Trump visit

Labourers sweated as they wheeled bags of clothes, shoes and accessories to a sprawling wholesale market in southern China, where shop owners hoped an upcoming visit by Donald Trump would see an easing of tariffs hitting their exports. Factories in Guangdong province, China's production heartland, have borne the

Pope in Equatorial Guinea criticises prison conditions

Pope in Equatorial Guinea criticises prison conditions

Pope Leo XIV on Wednesday made a tightly controlled visit to a notorious prison in Equatorial Guinea's biggest city, after launching a rare criticism of living conditions for inmates. Prisoners lined up in the freshly repainted courtyard of Bata prison, breaking into song and dance in the driving

‘Two fronts’: Higher costs for fertilizers and fuel from Iran war challenge farmers

Farmers are getting hit by higher costs for fertilizers and fuel due to the increase in prices stemming from the U.S./Israel war with Iran and closures of the Strait of Hormuz. Seventy percent of American farmers say they cannot afford all the fertilizers they need for their fields

Missoula career fair aims to connect local workers with jobs

MISSOULA, Mont. — A career fair in Missoula is set to bring local employers and job seekers together as officials work to match workers with openings in the area. Montana’s unemployment rate held at 3.6%, while Missoula County’s rate sat slightly higher at 3.9%. State leaders said