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Xi reminds Trump that arming Taiwan is a 'red line', while discussing developments in Venezuela and Iran. Later, news emerged of talks on a new arms deal with Russia
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Daily roundup of the best New Economy stories from other media
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The race to build AI infrastructure has caused chipmakers to divert manufacturing capacity toward more lucrative HBM chips, while bitter past experiences kept them from expanding production lines
Multiple shipments of jet fuel by Iran's 'shadow fleet' have helped Myanmar ramp up aerial attacks on rebel groups over the past 18 months, new reports say
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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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