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Beijing says it hopes the US 'can correct 'wrong' practices' on chip trade following an announcement from Nvidia chief Jensen Huang that would start selling H20 chips to China again
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Daily roundup of the best New Economy stories from other media
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Nvidia founder Jensen Huang says chip curbs may be counterproductive after US senators urge him to avoid military firms on this trip to China this week
Trump ramped up warnings on the weekend, saying he would put a 30% levy on most imports from the EU and Mexico next month, after threats to Japan, South Korea and India
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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Market InsightsHere’s How China’s ‘Self-Interest’ May Be Adding to Global InflationChina’s imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation
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Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Market InsightsFresh snap lockdowns put China’s economic recovery in perilChina’s economy slowed sharply in the second quarter due to widespread lockdowns. Now, a nascent third-quarter recovery in the world's second-largest economy appears in danger of stalling.
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MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
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