FINANCE
According to Reuters, as global competition in the semiconductor industry continues to intensify, China's chip sector is accelerating efforts to achieve technological breakthroughs. Analysts say that although Huawei is advancing architectural innovations and packaging technologies, it remains constrained by critical equipment shortages and structural limitations in the global supply chain.
Singapore Firm Becomes Latest Backer to Write Down $275 Million Funding Amid FTX Collapse
SINGAPORE — Singapore state investor Temasek Holdings said it would write down the value of its entire...
Is China Losing Its Hold on the World’s Rare Earths Market?
For years, China has dominated the global market for rare earth metals. These vital materials are used...
Oil Prices Rise Amid Optimistic Outlook of Easing Inflation
NEW YORK — Oil prices rose on Tuesday, Nov 15 along with major stock indexes, after U.S. data signaled...
Argentina Strikes $5 Billion Deal With China to Expand Currency Swap
BUENOS AIRES — Argentina has agreed to expand its currency swap deal with China by $5 billion — the Latin...
Twitter’s Old Guard Spars With Elon Musk, It Ends Badly
Some of Twitter’s previous and remaining staff members thought it wise to spar with new owner and CEO...
Crypto Finance Needs ‘Strong Regulation’: Federal Reserve
Plagued by volatility and turmoil in recent months, the cryptocurrency market shows the need for it to...
Brazil’s Central Bank Chief Says Fiscal Prudence Crucial Amid Political Protests and Inflation
BRASILIA, BRAZIL — Brazil's central bank chief Roberto Campos Neto emphatically defended the need for...
Dutch Court Ruling Thwarting Carbon Capture Project Also Halts Construction Projects
The Dutch Supreme Court halted an offshore carbon capture project because it wasn’t tested for European...
US Inflation Turning the Corner as Consumer Prices Rise Below Expectations
U.S. consumer prices rose less than expected in October, pushing the annual increase below 8 percent...