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The UK chip plant that’s being sold to a Chinese-owned firm has over a dozen contracts with the British government
Newport Wafer Fab, a U.K. chip plant that's being sold to Chinese-owned Nexperia, has a number of contracts with the U.K. government's innovation agency.
Most Asia markets fall after Dow plunge; China's keeps benchmark lending rate unchanged
The Dow Jones Industrial Average fell more than 700 points overnight on Wall Street as fears over a Covid resurgence weighed on investor sentiment.
U.S., NATO and EU to blame China for cyberattack on Microsoft Exchange servers
A new joint effort by NATO members, the European Union, Australia, New Zealand and Japan will address the threat posed by Chinese state-sponsored cyberattacks.
Major Asia markets fall more than 1%; oil prices slip after OPEC and allies reach deal
OPEC and its allies reached a deal on Sunday to phase out 5.8 million barrels per day of oil production cuts by September 2022.
China is buying up chip firms in a push for semiconductor supremacy, says UK lawmaker
China is using questionable methods to ensure it becomes a world leader in semiconductor technology, according to British MP Iain Duncan Smith.
Leisure travel is bouncing back in parts of Asia but risks remain, says hotelier
With tourist hotspots like Phuket and Koh Samui open to international tourists quarantine-free, the darkest days for the hotel and tourism industry may soon be over.
How the U.S. became the world's new bitcoin mining hub
The U.S. is the second-biggest mining destination on the planet, accounting for nearly 17% of all the world's bitcoin miners.
U.S. warns companies about the risks of doing business in Hong Kong as China clamps down on rights
Washington has openly criticized Beijing's sweeping national security law passed in June 2020 aimed at limiting Hong Kong's autonomy.
The U.S. will warn companies about Hong Kong's 'deteriorating' situation, Biden says
U.S. President Joe Biden said China's government "is not keeping its commitment" that it made on Hong Kong.
Singapore announces separate Covid rules for people who are vaccinated
Separate sets of Covid restrictions in Singapore will kick in on July 19 as a new cluster linked to nightlife establishments continues to grow.
Foreign travelers to China will be able to use the digital yuan, central bank says
The People's Bank of China has been working on developing a digital version of the yuan, known as e-CNY, since 2014.
Asia-Pacific stocks mixed; Bank of Japan holds steady on monetary policy
The Bank of Japan downgraded its real GDP forecast for fiscal year 2021 to a 3.8% expansion, as compared with the 4% growth forecast made in April.
Goldman Sachs says Covid delta variant could 'significantly' hit growth in Southeast Asia
The spread of the more transmissible delta variant has pushed daily Covid-19 cases to record highs in Indonesia, Malaysia and Thailand in recent weeks.
Microsoft says Israeli company is behind malware that affected Windows PCs
Microsoft believes the recent attacks drew on malware from a company based in Israel, rather than a hacking group associated with a country's government.
Chinese tech giants look to make business changes in a bid to preempt regulators
Chinese regulators have introduced new rules in areas from anti-monopoly to data security. Big tech firms are looking to get ahead of the rules.
Shares in Asia-Pacific mixed as China reports its economy grew in the second quarter
China's gross domestic product rose 7.9% year-on-year in the second quarter, official data showed Thursday.
Asia-Pacific stocks mostly fall after hotter-than-expected U.S. inflation report; New Zealand dollar jumps
U.S. inflation surged in June at its fastest pace in nearly 13 years, the Labor Department reported Tuesday.
JPMorgan strategist says now could be the best time to buy Asia stocks
If macroeconomic momentum in Asia starts to stabilize, stocks in the region could move a lot higher, said Mixo Das, Asia equity strategist at JPMorgan.
Singapore's economy roars back with a 14.3% surge in the second quarter from a year ago
But compared with the previous quarter, the Singapore economy contracted by 2%, said the Ministry of Trade and Industry.
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