Tag Archives: Asia

Most of Asia tracks Wall St down as US data dents rate cut hopes

The greenback’s rise again above 150 yen for the primary time since November has prompted Japanese officers to warn they had been maintaining a detailed eye on actions in foreign exchange markets (Richard A. Brooks) Most Asian equities sank Wednesday, monitoring a sell-off on Wall Avenue, as a forecast-topping US inflation report dealt a hefty blow to hopes for an early …

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Blinken to tour Asia after latest Mideast crisis trip

US Secretary of State Antony Blinken speaks to the press previous to assembly with African Union Fee Chairperson Moussa Faki Mahamat on the State Division (SAUL LOEB) US Secretary of State Antony Blinken will journey to Japan, South Korea and India after his newest disaster go to to the Center East, the State Division mentioned Wednesday, retaining a US give …

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Elon Musk Urges U.S. To Cut Reliance On Asia For Semiconductor Chips — ‘Fear Of Running Out Is Causing Every Company To Overorder — Like The Toilet Paper Shortage But At Epic Scale’

Provide chain points created through the world coronavirus pandemic value automakers billions of {dollars} in 2021 and prompted some firms to construct home manufacturing services to unravel the issue. “By no means seen something prefer it,” Tesla CEO Elon Musk posted on the platform now referred to as X. “Worry of working out [of computer chips] is inflicting each firm …

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