China has stepped up investment into its chip industry in a bid to be self-reliant in crucial technology needed for electric vehicles, smartphones and more.
China has stepped up investment into its chip industry in a bid to be self-reliant in crucial technology needed for electric vehicles, smartphones and more. More » |
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| Asian currencies will likely continue weakening for another quarter — if not more, as U.S. interest rates rise, the Economist Intelligence Unit said. |
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| Shares in the Asia-Pacific fell on Friday ahead of the monthly U.S. jobs report, which is likely to guide the Fed's next monetary decision in November. |
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| Energy analysts believe the deep production cuts could yet backfire for OPEC kingpin and U.S. ally Saudi Arabia. |
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| Some companies stand to gain from the Federal Reserve's push to stamp out inflation, which has resulted in sharply higher Treasury bill yields. |
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TODAY'S GUEST HIGHLIGHTS ON CNBC |
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| | Chief Economist, Maybank Group Preview Malaysia Budget |
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| | Head of Global FX Strategy FX, Nomura |
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| | Standard Charted Global Markets |
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