source reuters

US tech clampdown widens to 32 firms across Asia and Middle East

The United States on Friday penalized two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker SMIC, including them among 32 entities that were added to the Commerce Department’s restricted trade list, according to a US government posting. Twenty-three of the 32 were in China. GMC Semiconductor Technology (Wuxi) Co and Jicun Semiconductor Technology were placed on the list, formally known as…

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Editorial | Hong Kong drugs bust underscores why global cooperation is key

Editorial | Hong Kong drugs bust underscores why global cooperation is key

Credit goes not just to the two forces, but also to the authorities on the mainland and overseas jurisdictions that shared intelligence for the operation conducted between June and August. Local officers uncovered 74 narcotic-related cases and seized 1,219kg (2,687lbs) of drugs, including 622kg of cannabis, 280kg of ketamine, 200kg of cocaine, 85kg of methamphetamine…

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