Extraordinary U.S. government incentives are proving popular with many large chipmakers, but it is too early to tell how much of the semiconductor industry can be lured back to the United States. …

Saudi Arabia has made unprecedented investments in international sports. Critics accuse the kingdom of “sportswashing” its reputation for human rights abuses.

The Joe Biden administration says the restrictions are directed at protecting national security, not stifling economic competition.

A proposed Japanese takeover of U.S. Steel is facing domestic political pushback that could challenge Biden administration foreign policy aims.  

The Iranian regime’s first direct attack on Israeli territory could trigger further exchanges between the two sides and raises the most serious risk of regionwide conflict since the Israel-Hamas war …

Organized crime groups in Southeast Asia have seized on Myanmar’s instability amid civil war to establish a string of scam centers engaged in global online fraud operations.