Semiconductor alliances between the United States and Asia can hold back China

Analysts told CNBC that leading chip makers, including the United States, are forming alliances, in part to secure the semiconductor supply chain and prevent China from being up-to-date. Places like the United States, South Korea, Japan and Taiwan, which have strong semiconductor industries, have sought partnerships around biotechnology. “The direct cause of all of this … Read more

Federal Reserve hike, Bank of Japan, interest rates, currencies

Oil prices rise after Fed raises rates, demand concerns remain Oil prices rose after the third consecutive rate hike by the Federal Reserve. Reuters also I mentioned Chinese refineries They expect the country to release up to 15 million tons of oil product export quotas for the rest of the year, citing people familiar with … Read more