These are tough times for central bankers. As they tighten monetary policy to combat inflation, governments in the U.S., U.K. and EU spend too much, and supply-side problems are becoming Read more
Tag: restrictions
Opinion: Wall Street CEOs confirm their allegiance to Beijing
China has been in the news plenty this year. First there was the controversy surrounding Beijing’s hosting of the Winter Olympics. And then the United Nations issued a report confirming China’s “crimes against humanity.” Read more
Opinion: China’s economy is rotting from the head
BOSTON (Project Syndicate)—China highlights a long-debated question about economic development: Can a top-down autocracy outperform liberal market economies in terms of innovation and growth? Between 1980 and 2019, China’s average Read more
Opinion: American democracy was broken long before the MAGA zealots denied the election and stormed the Capitol
PRINCETON, N.J. (Project Syndicate) – The current mainstream narrative in the United States holds that democracy is under threat from MAGA zealots, election deniers, and Republicans who are threatening to Read more
What happens if more buyers refuse metals like aluminum from Russia? The LME doesn’t want to find out
Speculation that the U.S. is considering a ban on aluminum from Russia contributed to a brief spike in prices for the metal a week ago, but some consumers have already Read more
ASML said it expects ‘limited’ impact from new U.S. restrictions on China. Shares jump after better-than-expected results
ASML Holding NV said Wednesday that it expects “limited” impact from U.S. sanctions on China, as shares of the Dutch tech group surged on better-than-expected results. “We are continuing to Read more
U.S., allies work to reach agreement on price level for Russian oil cap ahead of Dec. 5 deadline
WASHINGTON—The U.S. and its partners are rushing to hammer out an agreement on a level for a price cap on Russian oil in the next couple of weeks as they seek to Read more
Taiwan Semi rallies as exposure to China restrictions minimal, capital spending cut
Taiwan Semiconductor Manufacturing Co. injected some much needed optimism into the chip sector Thursday, after the third-party silicon-wafer fabricator reported results and an outlook that indicated the market wasn’t in Read more
Samsung and TSMC granted exemption from new U.S. chip restrictions on China
Samsung Electronics Co. 005930, -1.08% has been granted a one-year exemption from new U.S. curbs on China’s chip industry, according to people familiar with the matter, joining a list of semiconductor giants Read more
U.S. suppliers halt operations at top Chinese chip maker ahead of new restrictions
U.S. chip-equipment suppliers are pulling out staff based at China’s leading memory-chip maker and pausing business activities there, according to people familiar with the matter, as they grapple with the Read more