Curbs
By Eduardo Baptista and Heekyong Yang BEIJING/SEOUL (Reuters) – Chinese chip companies targeted by Washington with fresh export controls have vowed to speed up supply chain localisation and said they would be able to continue production thanks to recent efforts to build equipment stockpiles. The latest curbs, the third U.S.…
Investing.com– Most Asian stocks climbed on Tuesday with shares in Japan and South Korea leading gains on strength in major technology stocks, while Chinese shares declined on new U.S. export restrictions. The and hit record closing highs on Monday on a rally in heavyweight tech stocks, as optimism over artificial intelligence…
SHENZHEN, China (Reuters) -Chinese tech giant Huawei Technologies unveiled its Mate 70 smartphone series on Tuesday, marking a significant step in its premium smartphone comeback while showcasing its own operating system in a clean break away from U.S. technology. The phone marks the “the most powerful Mate phone ever”, Richard…
By Andrew Chung WASHINGTON (Reuters) – The U.S. Supreme Court ruled on Thursday in favor of a challenge to the Securities and Exchange Commission’s in-house enforcement of investor protection laws in certain proceedings, dealing a setback to the agency amid the heavy scrutiny by the justices of federal regulatory power.…
By Giuseppe Fonte and Angelo AmanteROME (Reuters) – Italy’s ruling coalition was divided on Tuesday over the approval of new curbs on costly incentives for home renovations, with the moderate Forza Italia party refusing to back the Treasury plan, saying it would harm banks and business.The government of Prime Minister…