Bloomberg Samsung Electronics Co Vice Chairman Lee Jay Yong convened a meeting with top executives and discussed ways to deal with the worsening global business environment as South Korea’s chip exports plunged. The meeting at Samsung’s memory-chip plant in Hwaseong, South Korea, came on the day the country reported a 30.5 percent decline in semiconductor exports for May. Worsening US-China ...

Bloomberg India is in talks with Japanese and South Korean mills for a joint venture with state-run Steel Authority of India (SAIL) as years of delays hold up a deal with the world’s biggest steelmaker ArcelorMittal. The steel ministry is in talks with mills including Nippon Steel, Mitsubishi Steel and Posco for a JV, says Indian mill’s Chairman Anil Kumar ...

Bloomberg Japanese automakers’ biggest fears began to materialise with a single tweet from US President Donald Trump saying that he would impose a 5 percent tariff on goods from Mexico. That’s because many of them build cars for export to the US in the country south of the American border. The shares of Japanese automakers, many of them already facing ...