china

China holds emergency talks with chip firms after U.S. curbs -Bloomberg News

China's Ministry of Industry and Information Technology convened a series of emergency meetings over the past week with leading semiconductor…

3 years ago

Analysis: China faces its “Sputnik” moment as US export curbs deal a blow to its chip ambitions

U.S. export restrictions on chip equipment to China are likely to lead to its "Sputnik" moment, prompting Chinese chipmakers to…

3 years ago

Exclusive: KLA to stop sales and service to China to comply with U.S. export curbs

U.S. chip toolmaker KLA Corp will cease offering some supplies and services from Wednesday to China-based customers including South Korea's SK…

3 years ago

China tech shares sink as U.S. export curbs raise chip sector hurdles

Shares in Chinese tech giants Alibaba Group (9988.HK) and Tencent (0700.HK) as well as in chipmakers slumped on Monday, as investors were spooked by…

3 years ago

Exclusive: Samsung, SK Hynix to be spared brunt of China chip crackdown by U.S.

The Biden administration plans to spare SK Hynix and Samsung from the brunt of new restrictions on memory chipmakers in China aimed…

3 years ago

Sri Lanka to present debt restructuring, IMF bailout plans to creditors

Crisis-hit Sri Lanka will make a presentation to its international creditors on Friday, laying out the full extent of its…

3 years ago

Oil falls more than 1.5% on demand fears and strong dollar

Oil fell by more than 1.5% on Monday, pressured by expectations of weaker global demand and by U.S. dollar strength…

3 years ago

Oil prices climb on concerns over tight supplies

Oil prices rose on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about falling demand…

3 years ago

Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports

The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence…

3 years ago

Analysis: U.S. ban on Nvidia, AMD chips seen boosting Chinese rivals

The U.S. ban on exports to China of Nvidia and AMD's flagship artificial intelligence chips will create new business opportunities…

3 years ago