Reuters Asia Business

By Stephen Nellis SAN FRANCISCO, Dec 8 (Reuters) – The final text of a U.S. military spending bill released on Monday would require the Pentagon to end its reliance on China and other countries for electronic display technology by 2030. The U.S. National Defense Authorization Act, a law passed each year to fund the U.S. …

Defense bill would require US military to end reliance on Chinese display tech by 2030 Read More »

Dec 8 (Reuters) – U.S. President Donald Trump said on Monday that he will allow Nvidia to ship its H200 chips to approved customers in China and other countries, under conditions that allow for continued strong national security. The U.S. Department of Commerce is finalizing the details, and the same approach will apply to AMD, …

US to allow Nvidia to ship H200 chips to China, Trump says Read More »

ORLANDO, Florida, Dec 8 (Reuters) – Apprehension ahead of the Federal Reserve’s policy decision later this week weighed on Wall Street on Monday, while continued selling in U.S. Treasuries pushed the 30-year yield to its highest in three months. More on that below. In my column today, I look at how rates futures markets are …

Trading Day: Fed uncertainty hits stocks and bonds Read More »

Dec 8 (Reuters) – U.S. President Donald Trump said on Monday that he will allow Nvidia to ship its H200 chips to approved customers in China and other countries, under conditions that he said would allow for continued strong national security. The U.S. Department of Commerce is finalizing the details, and the same approach will …

US to allow Nvidia to ship H200 chips to China, Trump says Read More »

By Diego Oré MEXICO CITY, Dec 8 (Reuters) – Mexican lawmakers are slated to begin debate this week on a bill to raise tariffs on goods from China and other Asian countries, three ruling party lawmakers told Reuters, amid fierce opposition from China and Mexican business groups.  The proposal would raise tariffs by up to …

Mexican lawmakers to debate China tariffs proposal, may soften blow on steel and auto parts Read More »

By David Shepardson WASHINGTON, Dec 8 (Reuters) – The U.S. Federal Communications Commission said on Monday it may bar three major Chinese telecom companies from connecting to U.S. networks over efforts to prevent robocalls, the latest in a series of actions Washington has taken against Beijing. The FCC issued orders saying China Mobile, China Telecom and …

FCC may bar Chinese telecom companies from connecting to US networks Read More »