WASHINGTON (Reuters) – US President Donald Trump’s administration on Friday stepped up pressure on China in its final decision to suspend the country’s top chip maker SMIC. And the United States added dozens of Chinese companies to its trade blacklist, including Chinese drone maker SZ DJI Technol Co. Ltd. weeks …
Read More »Exclusive-US to blacklist dozens of Chinese companies, including SMIC, sources say
WASHINGTON (Reuters) – The United States on Friday unveiled the country’s top chipmaker, SMIC. Dozens of Chinese companies are preparing to be added to the trade blacklist, two people familiar with the matter told Reuters on Thursday. President Donald Trump’s attempt to limit China’s legacy of austerity is being seen …
Read More »Exclusive-US to blacklist dozens of Chinese companies, including SMIC, sources say
WASHINGTON (Reuters) – The United States on Friday unveiled the country’s top chipmaker, SMIC. Dozens of Chinese companies are preparing to be added to the trade blacklist, two people familiar with the matter told Reuters on Thursday. President Donald Trump’s attempt to limit China’s legacy of austerity is being seen …
Read More »Stimulus hopes stocks accelerate to record; Bitcoin dresses
By Tyagaraju Edinarayan, Tom Westbrook LONDON / SINGAPORE (Reuters) – Global peaks have risen to new highs as investors acquire risky assets in anticipation of the US monetary stimulus and the Federal Reserve’s pledge to keep cash in the markets. File photo: Pedestrians wearing face masks reflected on an electric …
Read More »Shares pressured by Brexit, U.S. Suspicion of arousal
By Tom Wilson, Hideyuki Sano London / Tokyo (Reuters) – U.S. Shares of the world slipped on Friday in the wake of difficult Brexit talks and uncertainty over stimulus talks, with the Covid-19 vaccine progressing, pushing sterling to weaken the dollar. File photo: A trader looks at financial information on …
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