U.S. Treasury Secretary Janet Yellen called on Friday for market reforms in China and criticized the world's second-largest economy for its recent harsh actions against U.S. companies and new export controls on some critical minerals.
India’s semiconductor dreams are facing a harsh reality. After struggling to woo cutting-edge chipmakers like Taiwan Semiconductor Manufacturing to set up operations in the country, the government may now have to settle for producing less-advanced chips instead. Yet that’s no mere consolation prize: the opportunity to grab share from China in this commoditised but vital part of the tech supply chain could pay off.
Canada's main stock index fell on Wednesday, giving back some recent gains, as sectors sensitive to the economic outlook, such as industrials and materials, lost ground.
China will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced on Monday, the latest salvo in an escalating war over access to high-tech microchips between Beijing and the United States.
Exxon Mobil has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc , the second move this year by the oil giant for control of assets needed to produce the electric vehicle battery metal.