Bloomberg Business

Japan Says No Decision Yet on Chip Export Restrictions

Japan has not yet made a decision regarding restrictions on exports of chip-making equipment, its trade minister said, underscoring US allies’ attempts to seek a middle ground between Washington and Beijing.

Argentina Swaps $21.7 Billion of Debt, Easing Default Fear

Argentina exchanged a total 4.34 trillion pesos ($21.7 billion) in a local debt swap Thursday, alleviating immediate concerns of a potential local debt default even as the government stockpiled financing problems for the next administration.

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