Japan Tightens Chip Gear Exports as US Seeks to Contain China
Japan said it will expand restrictions on exports of 23 types of leading-edge chipmaking technology, as the US ratchets up efforts to limit China’s access to key semiconductor knowhow.
Japan said it will expand restrictions on exports of 23 types of leading-edge chipmaking technology, as the US ratchets up efforts to limit China’s access to key semiconductor knowhow.
The Bank of Japan expanded the range of its planned bond purchases next quarter, allowing itself the possibility to dial back buying, as upward pressure on yields receded amid financial sector concerns.
The machines at Steve Hardeman’s factory in the West Midlands are quiet on Fridays, when the plant is closed. Five months ago, Hardeman took the decision to open his doors for just four days a week to save on energy bills.
German unemployment rose more than expected as the country slowly emerges from a downturn stoked by the energy crisis and inflation.
UK house prices fell at the sharpest annual pace since 2009 after surging interest rates increased the cost of borrowing, one of the biggest mortgage lenders said.
The United Arab Emirates revoked the Abu Dhabi license of Russia’s MTS Bank, weeks after the lender was added to a fresh round of sanctions by the US.
US Trade Representative Katherine Tai slammed China for weaponizing trade against partner countries, the Biden administration’s latest criticism of the world’s biggest manufacturing power.
The Boao Forum wraps up with Chinese officials reassuring the global business community of a greater post-pandemic recovery in the world’s second-largest economy, and seeking to dispel fears of further escalation of geopolitical tensions.
Ocado Group Plc shares gained after the automated warehouse maker won a key UK ruling against Norwegian rival AutoStore Holdings Ltd. in a long-running global dispute over patent infringements.
In the span of just two days, the future of Western grain traders in Russia has been quickly rewritten.