Memory chipmaker confirms that it received an exemption on the new US restrictions. Samsung has yet to comment, but it is also tipped to get a reprieve for its operations in China.

Dimon said the S&P 500 stock index could fall by "another easy 20%" from current levels, but that was likely to "be much more painful" than the 24% so far this year

The chip export control moves could amount to the biggest shift in US policy toward shipping technology to China since the 1990s

New US restrictions on computer chips and chipmaking equipment to China could hurt Chinese foundries set up by South Korean chipmakers, a report says

China's chipmaking sector and many others dependent on advanced US tech are likely to be hit hard by export controls announced by Washington last Friday, the FT says.

Thirteen Chinese firms have been added to a blacklist that bars US investment, including DJI Technology, Dahua Technology and BGI Genomics.

New US export restrictions will target China-based producers of DRAM chips, but Samsung and SK Hynix are likely to get more leeway from US regulators, sources say

Fear of court proceedings may have convinced Musk to proceed with his $44-billion bid to take Twitter private, legal experts say

Apple chief executive Tim Cook says he is "really not sure the average person can tell you what the metaverse is".

A smaller than expected rate hike by Australia's central bank, of just 0.25%, helped send the Australian stock exchange to its best day in over two years

Smartphone maker Xiaomi said on Sunday it continue to protect its interests, after voicing disappointment with an Indian order to freeze $682 million of its assets

Elon Musk said people may be able to buy one for less than $20,000 "within three to five years", but robotics experts felt Tesla was nowhere close to making robots that can do useful things