Machine Tools News
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A Taiwanese man with ties to North Korea who the U.S. called a proliferator of weapons of mass destruction in 2009 and his Chicago-area son were charged with trying to evade federal laws curbing the spread of such weapons, prosecutors said.
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Most Japanese stocks fell amid concern shares have risen too fast and as the country’s currency rebounded after approaching 100 yen to the U.S. dollar.
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At the base of snowcapped Mount Fuji sits a bright yellow compound that is home to one of Japan’s most profitable -- and secretive -- companies.
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You don’t hear much about the battle of the Machine Tool Reserve anymore, and that’s a shame. Fought inside the Beltway in the mid-1950s, it was a defining tussle over the nature of postwar national defense.
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Asian stocks fell for a second day amid concern shares rose too fast after the regional benchmark index hit a 19-month high this week. Chinese companies tumbled in Hong Kong after the nation’s central bank chief said he’s on “high alert” for inflation.
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Mitsubishi Heavy Industries Ltd. will open a machine tool plant near Shanghai by the end of the year, the Nikkei newspaper reported today, without saying where it got the information.
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The following are the day's top business stories:
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Most Asian stocks fell after Japanese machinery orders dropped more than estimated and Standard & Poor’s downgraded Spain’s credit rating.
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For a half-century after gaining independence in 1947, India’s politics were dominated by the Congress Party’s socialist orientation and tilt toward the Soviet Union.
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Fanuc Ltd., the world’s largest maker of controls that run machine tools, is shifting focus toward robots to capitalize on China’s automation boom, the company’s founder said.
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