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Days after seeking his resignation, the US President ended up praising Tan and saying the meeting was "a very interesting one."
The Trump Administration and China's Commerce Ministry have extended their tariff truce till November 10, giving both sides greater time to discuss concerns about trade and other issues
SK Hynix expects the market for custom-made high bandwidth memory chips to grow to tens of billions of dollars by 2030
"Japan needs a stable coalition.. [or] it's impossible to pursue consistent policies," an LDP heavyweight said, so it was best "to seek a coalition partner under a new leader."
US official says Nvidia and AMD will provide a share of revenue to the government in return for licences to sell advanced chips to China; the deal comes amid a push by Beijing for HBM chips
His disappearance in early 2023 rattled professionals in the financial sector, as Beijing dialled up a campaign to rein in "lavish lifestyles" of the "financial elite".
On Thursday the 75-year-old PM said he was ready to stand by its farmers at any cost, without referring to his tussle with the US on opening up India's agricultural sectors to lower Trump's tariffs
Lip-Bu Tan targeted over investments and a scandal at his former firm Cadence, found to have sold chip design products to proxies for a military university in China believed to be simulating nuclear explosions
The move is part of Trump's efforts to spur manufacturing in the US. There was also news that Apple will invest $100 billion in its home market
Officials close to the negotiations between the once close trading partners say that while Washington went for ‘headline grabbing’, New Delhi’s overconfidence tanked a deal that was nearly inked
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AF Market Insights
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China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
Market InsightsChina Stock Market Guide: Everything You Need To Know
AF China Bond
China Stock Markets
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SemiconductorsTaiwan to Fine Foxconn After Unauthorised Chinese Investment -
Market InsightsChina’s Covid Infections Rise Further as Outlook Darkens
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Markets: The Big Picture
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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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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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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MarketsIndian-Owned Tech Firms See Sharp Growth in UKDespite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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