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Chip stocks sink to lowest since 2020 as U.S. expands China curbs

Shares of semiconductor companies fell Monday, with the industry selling off globally after fresh U.S. curbs on China’s access to American technology added to a disappointing start to the earnings season, stoking concern that the industry’s downturn is far from over. ....

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Chip stocks sink to lowest since 2020 as US expands China curbs

US curbs on China’s access to American technology added to a disappointing start to the earnings season. ....

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Global chip stocks tumble as Biden expands technology curbs

Artificial intelligence chipmakers Nvidia and Advance Micro Devices both fell more than 1.2% in premarket trading. ....

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China banks may face US$350 billion in losses from property crisis

There were 39 trillion yuan of outstanding mortgages and another 13 trillion yuan of loans to developers at the end of March, according to data from the People’s Bank of China. (Aug 1): China’s banks face mortgage losses of US$350 billion in a worst-case scenario as confidence plunges in the nation’s property market and authorities struggle to contain deepening turmoil. ....

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North American Morning Briefing: Yellen Awaited as Investors Mull Stagflation Risks

North American Morning Briefing: Yellen Awaited as Investors Mull Stagflation Risks
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