On Tuesday, Foxconn, the world’s largest contract chipmaker, said it expects the second half of this year to be “in a better direction” since COVD-19 lockdown appears to be easing in Shanghai. “We are quite confident in the stability of… Read More ›
In a significant development Turkish President Tayyip Erdogan said, Ankara cannot allow countries that support terrorism to in NATO, in reference to Finland and Ankara’s bid to join the military alliance. “For as long as Tayyip Erdogan is the head… Read More ›
Efforts by Bern to refresh free trade agreement with China have hit roadblocks stemming from China’s dismal human rights record. In 2013, both countries had signed a free trade agreement, marking Beijing’s first such deal with an economy in continental… Read More ›
In a statement German Economy Minister Robert Habeck expressed concerns over the European Union’s unity on Russia, saying he is seeing signs that they are “starting to crumble”. Habeck made the comments ahead of a summit to discuss an oil… Read More ›
The United States is moving closer to establishing its most comprehensive regulatory framework yet for the cryptocurrency industry as lawmakers push forward with a landmark Senate bill designed to clarify oversight of digital assets, stablecoins, decentralized finance platforms, and blockchain-based… Read More ›
Global financial markets faced renewed pressure as rising government bond yields and persistent inflation concerns interrupted a powerful rally in equities that had been driven largely by enthusiasm surrounding artificial intelligence and technology stocks. Investors who had spent weeks pushing… Read More ›
The global semiconductor industry is entering a profound structural transformation as artificial intelligence rapidly overtakes smartphones as the primary force driving chip demand, investment and technological innovation. What was once an industry heavily dependent on consumer electronics cycles is increasingly… Read More ›
The possibility of renewed Chinese purchases of American energy has emerged as one of the most closely watched outcomes of the recent summit between Donald Trump and Xi Jinping in Beijing, signaling how energy security is increasingly becoming intertwined with… Read More ›
The upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing has become one of the most closely watched diplomatic events of the year as tensions over trade, Taiwan, energy security, and regional influence continue reshaping… Read More ›
Wall Street’s growing comparison between the current artificial intelligence-driven stock rally and the technology boom of the late 1990s reflects a deeper debate over whether markets are witnessing the early stages of another transformative innovation cycle or the dangerous acceleration… Read More ›
Expectations for U.S. interest-rate cuts are being pushed further into the future as major financial institutions reassess how long inflation pressures and labour-market resilience may keep the Federal Reserve in a cautious policy stance. Revised forecasts from Bank of America… Read More ›
Oil prices moved sharply higher after diplomatic efforts between the United States and Iran showed renewed signs of collapse, reviving fears that disruptions around the Strait of Hormuz could persist for a prolonged period and continue tightening global crude supplies…. Read More ›
The rapid expansion of artificial intelligence infrastructure is reshaping the global semiconductor industry in ways that are forcing some of the world’s largest technology companies to pursue increasingly aggressive strategies to secure critical chip supplies. South Korean memory-chip giant SK… Read More ›
A major ruling by the United States Court of International Trade has intensified the legal and political debate surrounding the scope of presidential authority in trade policy, after judges concluded that a set of temporary tariffs imposed by President Donald… Read More ›