World

On Friday, the Asia-Pacific markets displayed a tepid response, largely retracting gains observed the previous day. This development comes as Wall Street demonstrated robust activity, particularly driven by a tech sector rally. The divergence between the U.S. and Asia-Pacific markets highlights localized economic challenges, manifesting particularly in reactions to newly released economic data. Investor sentiment
0 Comments
During the recent presidential debate hosted by ABC News, former President Donald Trump defended his stance on China policy, particularly his vow to increase trade duties. This included imposing blanket tariffs of 10% to 20% and additional tariffs of 60% to 100% on Chinese goods. Trump emphasized that these tariffs were essential for holding other
0 Comments
In a landmark ruling, the European Court of Justice decided against Apple in the tech giant’s decade-long court battle over its tax affairs in Ireland. This ruling comes amidst Apple’s efforts to reinvigorate its product offerings, including the iPhone, Apple Watch, and AirPods. The European Commission had initiated an investigation in 2014 into Apple’s tax
0 Comments
CIA Director William Burns recently expressed his concerns regarding the potential use of nuclear weapons by Russia against Ukraine in the fall of 2022. During a conversation with the U.K.’s secret intelligence chief Richard Moore, Burns highlighted the real risk of escalation and the possible use of tactical nuclear weapons on the battlefield. The Stance
0 Comments
The Dutch government recently announced the expansion of export restrictions on advanced semiconductor manufacturing equipment, further tightening the regulations on ASML’s machines. This decision comes as a response to increased security risks associated with the export of this specific manufacturing equipment, especially in the current geopolitical context. The Netherlands, like other countries, views these export
0 Comments
In a recent interview with CNBC, Qualcomm CEO Cristiano Amon disclosed that the chip designer is collaborating with Samsung and Google to develop a set of mixed-reality glasses that are connected to a smartphone. This announcement marks a departure from Apple’s strategy, which recently unveiled a larger headset. The partnership between Google, Samsung, and Qualcomm
0 Comments
The Asia-Pacific markets experienced a significant decline on Wednesday, with Japan’s Nikkei 225 leading the plunge. The index was down 3.19%, causing losses across the region. Semiconductor related stocks such as Renesas Electronics, Tokyo Electron, and Advantest saw substantial drops, with Renesas Electronics plunging 8% and becoming the largest loser on the index. South Korea’s
0 Comments