warm-morning

U.S., Japan disagreement on yen moves overshadows G7 meeting

By Leika Kihara and Tetsushi Kajimoto SENDAI, Japan (Reuters) – The United States issued a fresh warning to Japan against intervening in currency markets on Saturday as the two countries' differences over foreign exchange overshadowed a Group of 7 finance leaders' gathering in the Asian nation. Japan and the United States are at logger-heads over currency policy with Washington…

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U.S., Japan disagreement on yen moves overshadows G7 meeting

warm-morning

How old-school factories stay alive in China’s south

Squeezed by high costs and unpredictable demand, some factories in southern China's manufacturing heartland are turning to a new strategy to survive: hiring workers by the day. It is a far cry from Beijing's vision of a slick, hi-tech manufacturing future of computers and chip makers: on a warm morning in the southern town of Shiling, dozens of workers gather on a city street to haggle for a day of work making bags for $20 …

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How old-school factories stay alive in China’s south