Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing requirement on the primary chip it can legally sell in China.US officials last week told Nvidia it must obtain licenses to export its H20 chips to China because of concerns they may be used in …
Nvidia expects $5.5 bn hit as US targets chips sent to China Read More »
The blistering tariff war launched by Donald Trump this month cast a shadow Tuesday as businesses met to strike deals at a trade show in southern China, for decades a key hub for exports to the United States.Beijing and Washington have been locked in a fast-moving, high-stakes game of brinkmanship since the US president began …
Trump trade war casts pall in China’s southern export heartland Read More »
Five underwater drones found by Philippine fishermen were capable of gathering information that could aid in “underwater warfare”, the country’s military said Tuesday, noting at least one had relayed a signal to China.The revelation follows months of confrontations between the Philippines and China in the disputed South China Sea and comes as Manila prepares for …
Captured underwater drone sent messages to China: Philippine military Read More »
China has told its airlines to stop taking deliveries of jets from American aviation giant Boeing, a report said Tuesday, as a trade war between Beijing and the United States deepens.Since President Donald Trump took office in January, the world’s two biggest economies have been locked in a tit-for-tat tariff war, with the US now …
China tells airlines to suspend Boeing jet deliveries: report Read More »
Japanese authorities said Tuesday they had issued a cease-and-desist order to US tech titan Google over an alleged violation of national antitrust laws.It is the first time the country has issued such an order to a global technology giant, Japanese media reported, and follows similar moves in Europe and the United States.”We have concluded that …
Japan orders Google to cease alleged antitrust violation Read More »
China’s President Xi Jinping paid tribute to Vietnam’s late revolutionary leader Ho Chi Minh on Tuesday, his last day of a trip to Hanoi that President Donald Trump said was aiming to “screw” the United States.Xi is in Vietnam as part of a Southeast Asia tour that will include Malaysia and Cambodia, with Beijing trying …
Xi’s Vietnam trip aiming to ‘screw’ US, says Trump Read More »
China said Monday that exports soared more than 12 percent last month, beating expectations as businesses rushed to get ahead of swingeing tariffs imposed by US President Donald Trump on his so-called “Liberation Day”.Beijing and Washington have been locked in a fast-moving, high-stakes game of brinkmanship since Trump launched a global tariff assault that has particularly …
Chinese exports soared in March ahead of Trump’s ‘Liberation Day’ Read More »
Asian stocks rose Monday as trade war fears were tempered by Donald Trump’s announcement of tariff exemptions for electronics, though the dollar weakened and safe-haven gold hit a fresh record amid fears the relief would be short-lived.After the wild gyrations witnessed last week, markets got off to a relatively stable start following news Friday that …
Asian stocks rise on electronics tariffs exemption, gold hits new high Read More »
US President Donald Trump warned Sunday that no country would be “getting off the hook” on tariffs, as his administration suggested exemptions seen as favoring China would be short-lived.The world’s two largest economies have been locked in a fast-moving, high-stakes game of brinkmanship since Trump launched a global tariff assault that particularly targeted Chinese imports.Tit-for-tat …
Trump warns no country ‘off the hook’ on tariffs Read More »
Chinese leader Xi Jinping warned Monday that protectionism “leads nowhere” and that a trade war would have “no winners”, state media said, as he was due to kick off a tour of Southeast Asia with a visit to Vietnam.Xi’s first overseas trip of the year will see him visit Vietnam, Malaysia and Cambodia as Beijing …
Xi warns protectionism ‘leads nowhere’ as starts SE Asia tour Read More »
