Vision Times News
EU Launches Probes Into Chinese Subsidies and Imports
In a latest effort to protect local manufacturers from Chinese product dumping, the European Union launched an investigation into flat-rolled iron and steel goods from the People’s Republic. It has also launched several probes into...
Biden and Trump Agree to Debates in June, September
U.S. President Joe Biden and his Republican opponent Donald Trump have agreed to face off in two separate debates on June 27 and Sept. 10. The coming months will be the most important period of...
Microsoft asks some China staff to relocate amid Sino-US tensions
On May 16 (Thursday), Microsoft stated it’s asking some China-based staff to consider transferring outside the country, as Sino-U.S. relations strain amid a race for advanced technology. Washington has been trying to limit Beijing's access...
As Inflation Stands Near 300 Percent, Argentina Cuts Interest Rates Again
On May 14 (Tuesday) Argentina's central bank cut the benchmark interest rate, after inflation slowed for the fourth straight month. The annual rate crested just shy of 300 percent, amid a tough austerity drive by...
Indonesia Records $3.56 Billion Trade Surplus in April, Exceeding Forecasts
Data published Wednesday, May 15 shows that Indonesia reported a slightly bigger trade surplus than expected in April of $3.56 billion, as the country saw in contrast a smaller number of imports. Polled by Reuters,...
Cross-Strait Tensions Rise Ahead of Taiwan’s Presidential Inauguration
Taiwanese authorities reported that mainland China’s military forces had carried out another “combat patrol” near the island on Tuesday, May 14, including sending aircraft across the Taiwan Strait’s sensitive median line. The news was reported...
US Verdict Hits Microsoft With $242 Million in Cortana Patent Lawsuit
A federal jury in Delaware ruled on May 10 that Microsoft must pay patent owner IPA Technologies $242 million, after determining that Microsoft's Cortana virtual-assistant software infringed an IPA patent. After a week-long trial, the...
Advanced AI Models Could Pose Serious Risks to US National Security: Reuters
The Biden administration is poised to open up a new front in its effort to safeguard American artificial intelligence (AI) from China and Russia, with preliminary plans to defend the most advanced AI models, according...
Trump Says US Tariffs on China Should Go Further
On Tuesday (May 14), former U.S. President Donald Trump said the Biden administration's new tariffs on China, imposed on US$18 billion worth of electric vehicles, semiconductors and medical products should be applied to other types...
Italy Tries to Ease Fears Over Curbs on Costly Constructions Incentives
On Thursday, May 9, an Italy's Treasury official said the country has no plans to backdate before 2024 the upcoming curbs on fiscal incentives for home renovations. The government is seeking to ease fears about...
US Discusses China’s Repatriation of North Koreans, Expresses Concerns
The U.S. State Department said the senior U.S. official for North Korea met with her Chinese counterpart in Tokyo on Thursday, May 9, and expressed concerns about the forcible repatriation of North Koreans from China....
Japan’s Nippon Steel Committed to Closing US Steel Plant Deal by Year-end
Japan's top steelmaker, Nippon Steel, is sticking to its plan to close a deal by year-end to buy U.S. Steel, which it expects to boost output and profits, the company said on May 9, despite...