Latest Electronic parts manufacturing News

South Korean political parties back Moon in Japan trade row

Jul. 18, 2019 10:23 AM EDT

SEOUL, South Korea (AP) — Setting aside their usual bickering, South Korean liberal and conservative parties on Thursday vowed to cooperate to help the Seoul government prevail in an escalating trade row with Japan. After a meeting between the parties' leaders and South Korean President Moon Jae-in at...

South Korea's central bank lowers rate amid Japan trade row

Jul. 18, 2019 3:25 AM EDT

SEOUL, South Korea (AP) — South Korea's central bank on Thursday cut its policy rate for the first time in three years to shore up growth threatened by a trade dispute with Japan. The Bank of Korea lowered its key interest rate by a quarter percentage point to 1.50% following a meeting of its monetary...

Japan exports dip as China-US trade war takes toll

Jul. 18, 2019 12:05 AM EDT

TOKYO (AP) — Japan's exports declined in June as shipments of goods were hit by trade disputes between China and the U.S., the Finance Ministry reported Thursday. The data released by the Finance Ministry on Thursday show exports fell 6.8% in June from a year earlier, the seventh straight month of decline,...

CSX and Nu Skin fall while Abbott and Cintas rise

Jul. 17, 2019 4:39 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: CSX Corp., down $8.17 to $71.38 The freight railroad cut its revenue outlook for the year after reporting weak second quarter financial results. Nu Skin Enterprises Inc., down $6.66 to $38.85 The seller of skin care and...

SKorea leader says Tokyo's trade curbs will hurt Japan more

Jul. 15, 2019 5:48 AM EDT

SEOUL, South Korea (AP) — In his strongest comments yet on a growing trade dispute, South Korea's president urged Japan on Monday to lift recently tightened controls on high-tech exports to South Korea, which he said threaten to shatter the countries' economic cooperation and could damage Japan more than...

S. Korea, Japan fail to resolve growing trade dispute

Jul. 12, 2019 9:09 PM EDT

SEOUL, South Korea (AP) — South Korea and Japan on Friday failed to immediately resolve their dispute over Japanese export restrictions that could hurt South Korean technology companies, as Seoul called for an investigation by the United Nations or another international body. Tokyo last week tightened the...

CVS, Delta Air Lines rise; Fastenal, Grubhub fall

Jul. 11, 2019 4:30 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: CVS Health Corp., up $2.59 to $57.97. The White House withdrew a plan that would have allowed patients to receive rebates that drugmakers now pay to insurers and distributors. Delta Air Lines Inc., up 69 cents to $60.16. The...

South Korea seeks US help in bitter trade spat with Japan

Jul. 11, 2019 5:58 AM EDT

SEOUL, South Korea (AP) — South Korea is seeking U.S. help in a bitter diplomatic row with fellow American ally Japan over its moves to tighten controls on high-tech exports. The government said Thursday that Foreign Minister Kang Kyung-wha discussed the issue with U.S. Secretary of State Mike Pompeo by...

Tensions over history, North keep Japan, South Korea at odds

Jul. 11, 2019 12:20 AM EDT

TOKYO (AP) — Japan and South Korea, two major U.S. allies, are again at odds, this time over Tokyo's decision to tighten controls on exports of sensitive materials that are mainly used in computer chips and display screens used in TVs and smartphones. The tensions reflect animosities that have persisted...

SKorean leader denounces Japanese comments over sanctions

Jul. 10, 2019 10:31 AM EDT

SEOUL, South Korea (AP) — South Korean President Moon Jae-in on Wednesday criticized comments by Japanese officials who questioned the credibility of Seoul's sanctions against North Korea while defending Tokyo's stricter controls on high-tech exports to South Korea. The issue has become a full-blown...