Russia on Thursday (Mar 12) accused the United States and its Western allies of whipping up “hysteria” about Iran’s nuclear ambitions, as tensions flared at the United Nations over Washington’s military campaign Operation Epic Fury against Tehran. China also slammed the US, calling it the “instigator” of the Iranian nuclear crisis. US envoy to the…
Tehran: Tehran has responded to US President Donald Trump’s remark about ending the war in Iran, saying it will be the one who will “determine” when the military actions against American and Israeli targets cease. Iran’s Islamic Revolutionary Guard Corps (IRGC) stressed that equations and the future status of the region are now in the…
(Bloomberg) — Chinese investors hunting for the next artificial intelligence winners are looking beyond high-flying chipmakers to the utilities and metal producers that form the industry’s physical backbone. The shift toward the sector’s supply chain — from power generators to materials used in data centers — reflects growing concern over lofty valuations in pure-play AI…
(Bloomberg) — Asian equities came under pressure after a tech selloff hit Wall Street Friday, with chip shares among the losers. Hong Kong was an outlier as Alibaba Group Holding Ltd. surged. The MSCI Asia Pacific Index slipped 0.2% with chipmakers pushing the Nikkei-225 index down by 1.8%. Samsung Electronics Co. and SK Hynix Inc….
BRUSSELS (AP) — The European Union approved on Friday a new raft of sanctions against Russia over its war on Ukraine, including a lower oil price cap, a ban on transactions with Nord Stream gas pipelines, and the targeting of more shadow fleet ships, EU foreign policy chief Kaja Kallas said. “The message is clear:…
(Bloomberg) — Contemporary Amperex Technology Co. Ltd. is planning to seek at least $4 billion from its Hong Kong stock offering, people familiar with the matter said, which would make it the world’s biggest listing this year. The eventual proceeds could rise to $5.3 billion if the deal is upsized and the greenshoe exercised, according…