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.
Curtains Drawing on Runaway Rise in Global Housing Prices: Poll
A runaway surge in global house prices is drawing to a close as interest rates rise along with the cost...
Russia Delays Reopening of Nord Stream in Blow to Gas-Starved Europe
Russia has scrapped a Sept. 3 deadline to resume gas flows via the Nord Stream 1 pipeline, one of the...
German Economy Likely Already in a Recession, Will Last Three Quarters: Reuters Poll
The German economy is on track to contract for three consecutive quarters starting from this one, according...
US Regulators to Vet Chinese Firms’ Audits
U.S. regulators have selected major U.S.-listed Chinese companies for audit inspection, with e-commerce...
South Korean Investors Acquire Massive Stake in Tesla, One Family Bets All Their Savings
In South Korea, people are going crazy again for a new popular sensation. This time, it’s not K-pop raking...
Tesla Needs $100 Billion Worth of Metals to Reach Musk’s 2020 Production Goal
Electric car superstar Tesla will need to come up with $100 billion to purchase the metals required to...
Fed’s Powell: ‘Pain’ of tight policy, slow growth needed ‘for some time’ to beat inflation
The U.S. economy will need tight monetary policy "for some time" before inflation is under control, a...
California Board Votes to Phase Out Gasoline-only Cars in State by 2035
The California Air Resources Board (CARB) voted Thursday (August 25) to adopt sweeping regulations to...
America’s Fruit Crops in Shambles Amid Uncanny Weather
The state of U.S. agriculture is far from one of a prosperous and bountiful condition. In recent weeks...