HOUSTON — Asian countries want to buy more U.S. energy to reduce their dependence on oil and gas exports from the Middle East, Interior Secretary Doug Burgum told CNBC on Monday. Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz. Oil tanker traffic through the strait has plunged as Iran…
Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Asian technology stocks fell on Thursday as Iran’s latest attacks on Qatar’s Ras Laffan Industrial City and a surge in oil prices rattled investor sentiment, amplifying concerns…
Visitors (L) dressed in kimonos look at photos they took during a visit to Sensoji Temple in the Asakusa district of central Tokyo on September 16, 2025. Richard A. Brooks | Afp | Getty Images After living in Tokyo for over a year, Karin Nordin noticed something peculiar. The hot spring towns of Kusatsu and…
Investors have poured money into emerging markets in recent years as the search for big stock gains has migrated overseas and as they look for diversification beyond the concentrated S&P 500. But the U.S.-Iran military conflict has reframed the concentration question, highlighting the level of risk in emerging markets when it comes to gains being…
A giant screen shows a news report on China’s “Justice Mission 2025” military drills around Taiwan, in Beijing, China Dec. 30, 2025. Tingshu Wang | Reuters China has doubled down on its criticism of the trade deal between Taiwan and the U.S. agreed last week, warning that it would benefit Washington while eroding the island’s…
The U.S. and Taiwan have reached a trade agreement to build chips and chip factories on American soil, the Department of Commerce announced on Thursday. As part of the agreement, Taiwanese chip and technology companies will invest at least $250 billion in production capacity in the U.S., and the Taiwanese government will guarantee $250 billion…
Venezuelan President Nicolas Maduro (L) and China’s President Xi Jinping wave during a meeting in Miraflores Presidential Palace, in Caracas on July 20, 2014. Leo Ramirez | Afp | Getty Images The ancient Greek historian Thucydides once wrote that “the strong do what they can, and the weak suffer what they must.” On Jan. 3,…
Japanese national flag flies before the National Emblem of China in Tiananmen Square in Beijing, China. China Photos | Getty Images News | Getty Images Back-to-back calls between U.S. President Donald Trump and the leaders of Japan and China have so far done little to defuse the diplomatic spat occurring between Beijing and Tokyo, as…
Visitors in front of the Cinderella Castle at Tokyo Disneyland in Tokyo, Japan on Jan. 17, 2023. Bloomberg | Bloomberg | Getty Images Japan’s tourism-exposed stocks fell on Monday as tensions with China intensified after Beijing issued a travel and study alert for Chinese citizens considering going to Japan. Beauty and cosmetics firm Shiseido, which…
Foxconn Chairman Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023. I-hwa Cheng | AFP | Getty Images Foxconn, the world’s largest contract electronics maker, reported Wednesday that its third-quarter profit jumped 17% from a year earlier. Here’s how Foxconn did in the September quarter compared with…
