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Faced with U.S. sanctions, China is preparing a $143 billion plan for its chip companies
Three sources claimed that China is putting up a $143 billion support plan for its semiconductor industry as part of a major effort to...
Russian price cap yields no benefits yet; Saudis in disbelief
The effectiveness of European sanctions on Russian crude and pricing limit measures has not yet produced concrete outcomes, according to Saudi Arabia's energy minister...
U.S. faces a slew of CPI data, Wall St races front; Fed meetings
As investors get ready for the year's final Federal Reserve meeting and a crucial inflation report, a double dose of possibly market-sensitive U.S. events...
Significant rate hike by BoC, hinted to be the last of its kind for now
On Wednesday, the Bank of Canada increased its benchmark nightly interest rate by 0.5 percentage points to the top level in nearly 15 years,...
U.S. lawmakers reduce proposed restrictions on Chinese semiconductors
According to a recent draught, U.S. senators have backed down from a proposal that would have imposed new restrictions on the use of Chinese...