Category Archives:
Analysis-China was reducing Micron chip purchases years before ban
By Eduardo Baptista BEIJING (Reuters) - In the years before China declared U.S. firm Micron Technology's products a national security risk, authorities were already scaling back purchases of its chips...
May 24, 2023
Factbox-US-China tensions intensify over tech to Taiwan flashpoints
SHANGHAI (Reuters) - A U.S. lawmaker's demand for trade curbs on a Chinese memory chipmaker in response to China calling products from Micron Technology a national security risk is the latest escalati...
May 24, 2023
South Africa’s April inflation slows more than forecast to 6.8% y/y
JOHANNESBURG (Reuters) - South Africa's headline consumer inflation slowed more than expected in April to 6.8% year on year from 7.1% in March, data from Statistics South Africa showed on Wednesday. O...
May 24, 2023
Despite supply chain risks, China remains high-priority market, Panasonic says
TOKYO (Reuters) - China remains a high-priority market even as geopolitical concerns have highlighted the need to develop robust supply chains elsewhere, the group chief executive of Japan's Panasonic...
May 24, 2023
EU court rejects Meta challenge against EU antitrust requests for information
BRUSSELS (Reuters) - Europe's second-top court on Wednesday rejected Meta Platforms' challenge against EU antitrust regulators. The European Commission had sought the information related to its invest...
May 24, 2023
Rakuten sets price for public offering at 566 yen per share
TOKYO (Reuters) - Japan's Rakuten Group Inc set the price for its public offering and third-party allotment of new shares at 566 yen ($4.19) per share, a regulatory filing showed on Wednesday. Rakuten...
May 24, 2023
South Africans face more interest rate hike pain as inflation sticks
By Kopano Gumbi JOHANNESBURG (Reuters) - South Africa's central bank will likely extend its tightening cycle and push rates cuts further into the future amid countrywide power outages and currency wea...
May 24, 2023
India cenbank chief says inflation has moderated, but no room for complacency
NEW DELHI (Reuters) -India's inflation has moderated, but the central bank cannot be complacent towards easing price pressures yet as potential weather-related uncertainties linger, the governor of th...
May 24, 2023
Britain allows BT to offer wholesale fibre broadband discounts
LONDON (Reuters) - Britain's telecoms regulator Ofcom said on Wednesday it would allow BT to offer new discounted wholesale fibre pricing to broadband providers as it did not consider the scheme to be...
May 24, 2023
HSBC, Citi, Deutsche Bank, Morgan Stanley and RBC traders may have broken competition law, watchdog finds
By Sinead Cruise LONDON (Reuters) -Britain's Competition and Markets Authority said on Wednesday it had provisionally found five major global banks allegedly broke UK competition law by exchanging sen...
May 24, 2023
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