according to some official estimates, malaysia hopes to double its share of the global chips trade from seven to 14% by 2029. i spoke to the former deputy minister for trade and industry ong kian ming. he explained malaysia s role in the chips supply chain and also weighed in on china s new fund. i think there is challenge as well as opportunity. how do you go down to the innovative company that would be in the position to come out with new products in the semiconductor ecosystem? then there will be one challenge. also opportunities including opportunities including opportunities for companies in the region and southeast asia. either investing or going to china or attracting chinese companies to come to malaysia and set up shop to invest in the semiconductor ecosystem. i m glad you brought us back to malaysia, because that s the focus when it comes to chips. you were in office for several years from 2018. where tips a focus area for malaysia? it was, but i think focus area fo
those tensions between washington and beijing over trade and technology have encouraged businesses to look beyond china for their factories. malaysia for one is hoping get a larger slice of the semiconductor manufacturing pie. intel and globalfoundries are some firms that have recently expanded their operations in malaysia.according to some official estimates, malaysia hopes to double its share of the global chips trade from 7 to 14% by 2029. i spoke to the former deputy minister for trade and industry ong kian ming. he explained malaysia s role in the chips supply chain and also weighed in on china s new fund. i think there is challenge as well as opportunity. how do you go down to the innovative company that would be in the position to come out with new products in the semiconductor ecosystem? then there will be one challenge. but there are also opportunities including opportunities for companies in the region and southeast asia including malaysia. either investing or goi
everyone, and well only to sunday morning futures. i m sean duffy in for maria bartiromo. today, expanding the base. former president trump spending the week reaching out to thousands in new york city and libertarians in washington. the message was clear, the economy and the border, they matter. they call it the biden migrant invasion, and it s wrong. it s immoral. and the vast majorities of new yorkers agree with me that this is unacceptable. it s unacceptable. we must stop it. trump s drill, baby, drill approach fostered energy independence which we never had before [cheers and applause] low fuel and electricity prices helped moderate inflation and propel economic growth. buttal of these but all of these things have now skyrocketed. they have skyrocketed to levels never seen. inflations has hit us harder than it s probably ever hit us before, and people are suffering because of it. [inaudible conversations] sean: meantime, the left and the senate wasting time with a
everyone, and well only to sunday morning futures. i m sean duffy in for maria bartiromo. today, expanding the base. former president trump spending the week reaching out to thousands in new york city and libertarians in washington. the message was clear, the economy and the border, they matter. they call it the biden migrant invasion, and it s wrong. it s immoral. and the vast majorities of new yorkers agree with me that this is unacceptable. it s unacceptable. we must stop it. trump s drill, baby, drill approach fostered energy independence which we never had before [cheers and applause] low fuel and electricity prices helped moderate inflation and propel economic growth. buttal of these but all of these things have now skyrocketed. they have skyrocketed to levels never seen. inflations has hit us harder than it s probably ever hit us before, and people are suffering because of it. [inaudible conversations] sean: meantime, the left and the senate wasting time with a
shares of credit suisse and more after his resignation the results are better than forecast sending shares sharply higher airbus shares open in the red after the group s bribery settlement eat into profit despite 2019 orders and deliveries we speak to the ceo later on today on cnbc. it has been a very busy day for earnings across the board. bank earnings are front and center with three financial groups releasing full year numbers. starting with barclays the bank will be tough market conditions a profit of 3.26 billion pounds. earnings rose in part thanks to a 17% performance. results have been overshadowed by ceo links to jeffery epstein who committed suicide while awaiting trial on sex trafficking charges. they said he had not had contact with epstein since becoming ceo. after reports that stayly visited epstein in prison. credit suisse posted a surge with thebest bottom line performance since 2010 the figure came in short of expectations keeping fresh on the shares