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.
Leading Crypto Exchange Needs $8 Billion to Stave Off Bankruptcy
A formerly leading digital currency exchange is in such dire straits that it needs an $8 billion cash...
Dollar Advances Ahead of Inflation Data As Cryptocurrencies Crumble
SINGAPORE — The dollar regained its footing on Wednesday, Nov. 9 ahead of key U.S. inflation data due...
Nissan to Trim Production at US Plant, Cites Chip Shortage
Nissan Motor Co's U.S. arm said on Wednesday, Nov. 9 that supply chain issues will force it to trim production...
Oil Prices Fall 2.5% Amid ‘Zero-COVID’ Worries and Unstable Supply Chains
NEW YORK — Oil prices sank by more than $2 a barrel on Wednesday, Nov. 9 after industry data showed that...
Investors Face Uncertainty Over US Midterms, Spending & Regulation
NEW YORK — Investors on Wednesday, Nov. 9 said they were weighing a surprising outcome in the U.S. midterm...
Crypto, Stock Market, Narrowly Evade Crash After Third Largest Exchange Bailed Out by Competitor
The digital currencies market narrowly avoided a massive crash after news that the third largest exchange...
Japan Household Spending Extends Growth in September on Economic Reopening
By Kantaro Komiya TOKYO - Japanese households ramped up spending in September from a year earlier...
Chinese Economic ‘Pivot’ Could Seek to Take Advantage of High US Interest Rates: Reuters
By Jamie McGeever What the Fed taketh away, China could be about to giveth back. Speculation is...
Twitter to Delay Badge Changes Until After US Midterm Elections: NYT
Twitter is delaying the rollout of verification check marks to subscribers of its new $8 a month service...