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US officials – concerned about the trade deal with China – are considering revoking authorizations granted in recent years to chipmakers Samsung, SK Hynix and TSMC, making it difficult to get US goods and tech for their plants in China
Asia Media Digest
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Daily roundup of the best New Economy stories from other media
Asia Financial TV
Chinese AI developers reportedly carried hard drives with a vast amount of data to a computing centre in Malaysia with top US chips to build an AI model they later took home, a new report says
State Department memo warns that citizens of '36 countries' may face full or partial 'suspension of entry' if their governments do not resolve US concerns within 60 days
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The AF Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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Market InsightsHere’s How China’s ‘Self-Interest’ May Be Adding to Global InflationChina’s imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation
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Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Market InsightsFresh snap lockdowns put China’s economic recovery in perilChina’s economy slowed sharply in the second quarter due to widespread lockdowns. Now, a nascent third-quarter recovery in the world's second-largest economy appears in danger of stalling.
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MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
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