Rare-earth metals found in Japanese waters

Rare-earth metals found in Japanese waters

Centuries’ worth of these vital metals have been discovered by researchers, located in a 965sq mile stretch of Pacific Ocean seabed in Japanese waters, near the island of Minamitorishima. As CNBC reports, according to the study published by the researchers in Nature...
Hurdles hit in Toshiba Memory sale

Hurdles hit in Toshiba Memory sale

Toshiba’s efforts to sell Toshiba Memory to the Bain Capital-led consortium are being held up on antitrust grounds. According to the OEM, “certain conditions relating to required antitrust approvals” have yet to be met, despite the company originally hoping to close...
USTR imposes tariffs on Chinese products

USTR imposes tariffs on Chinese products

Following an executive memorandum to the USTR last month, the Trade Representative has released a sizeable list of Chinese-origin products which will incur 25 percent ad valorem duty. As Lexology reports, on 3 April, the USTR released a notice in which it proposes to...
China reduces taxes for chipmakers

China reduces taxes for chipmakers

The country has revealed that it has cut taxes for producers of semiconductors to help support this “pivotal industry”, as Bloomberg reports. This announcement comes “just as U.S. President Donald Trump weighs tariffs on the sector amid rising trade tensions.” In line...