Many of South Korea's biggest businesses -- including Korean Air, Samsung and Hyundai -- are family-run conglomerates known as "chaebol" inside the country.
By Sophie Jeong and Joshua Berlinger (CNN) South Koreans have long voiced frustration over what they see as corrupt and entitled behavior by the families that run chaebols. Korean Air has been ordered to pay 20 million South Korean won (almost $18,000) to a flight attendant after he was excoriated by an executive when he […]
The law is an attempt to attract more workers to Japan while still trying to make it very tough for them to settle permanently. But some experts say it doesn’t do enough to address the yawning labor gap.
By Simon Denyer and Akiko Kashiwagi (The Washington Post) Japan’s parliament passed an immigration law Saturday that aims to attract 345,000 foreign workers over the next five years, seeking to plug gaps in the country’s rapidly shrinking and aging workforce. Prime Minister Shinzo Abe’s government forced through the law despite protests from opposition parties that argued […]
An all-out blitz on the heart of Silicon Valley venture capital, Sand Hill Road.
By Bloomberg Businessweek Two years ago, Masayoshi Son, chief executive officer of SoftBank, sat in a Gulfstream jet high above the Arabian Gulf, en route to meet with potential investors in a new fund that would invest in technology startups. He was going through his presentation with Rajeev Misra, a key lieutenant, when something stopped him. […]
"Retaliatory tariffs from our trading partners will be soon be imposed on an estimated $1.8 billion worth of Washington exports, including more than $1 billion in agricultural products, according to the Washington State Department of Commerce." - Gov. Jay Inslee
By Washington Gov. Jay Inslee Published 10 July 2018 CNBC.com Washington state consistently ranks as one of the best states to do business. Our state has shown that it is possible to grow your economy while investing in workers and protecting the things that make our state the most beautiful place to live and work. […]
It had revenue of $1.72 billion in its fiscal year ended February 2018.
By Bloomberg Businessweek TAL’s initials stand for Tomorrow Advancing Life, a none-too-subtle nod to one of the biggest anxieties of middle-class families in the test-based world of Chinese education. Combining in-person coaching and online instruction that lets teachers lecture across the country to multiple classrooms equipped with large video monitors, TAL expects this year to […]
By Mari Yamaguchi, AP Japan’s Cabinet on Friday adopted an economic plan that would allow more foreign workers as the rapidly aging country seeks to make up for its declining workforce. Under the plan, Japan would relax visa requirements in sectors facing severe labor shortages such as nursing care, agriculture, construction and transport — new […]
He uses particularly derogatory language to describe Chinese people, calling them "spiritless" and "obtuse."
By Jessica Spitz, NBC News A journal kept by Albert Einstein throughout his travels in the Far East, recently published by Princeton University Press, reveals xenophobic and racist attitudes that stand in stark contrast to the physicist’s legacy as a humanitarian and outspoken proponent of civil rights. This is the first time that the diary, […]