• EU finds “TikTok in violation”

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    On May 15, the European Commission, the executive body of the European Union (EU), put forward a provisional opinion that the short video app “TikTok” violated relevant regulations on digital regulation. The Commission pointed out that TikTok did not do enough in disclosing relevant information about the release of video ads. The European Commission investigated…

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  • Japanese machine tool orders increased 8% in April as Chinese demand grew

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    Japanese machine tool orders increased by 8% in April, and demand in China increased According to data released by the Japan Machine Tool Builders’ Association (JMA) on May 15, the amount of machine tool orders (preliminary value) in April increased by 8% year-on-year to 130.2 billion yen. Overall growth has been achieved for seven consecutive…

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