Category: Trade & Tech
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Trump Comeback Drives Gains In U.S. Stocks And Dollar, Treasuries Slide
Donald Trump’s victory in the U.S. presidential election unleashed a massive rally in the dollar, drove stocks to record highs and punished bond prices. Expectations of tax cuts and tariffs on imports drove optimism about economic growth while fueling worries about inflation U.S. equity indexes soared, with the benchmark S&P 500 up 2.51% to a…
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U.S. Must Crack Down On Chinese Chipmaker, Says Republican Leader
A top Republican lawmaker has accused the Biden administration of not doing enough to prevent China’s Semiconductor Manufacturing International Corp (SMIC) from strengthening the country’s chipmaking industry and military-industrial complex. Michael McCaul, chair of the House Foreign Affairs Committee, urged U.S. Commerce Department agents to visit SMIC’s facilities and check whether the company is illegally…
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India’s 6G+Elon Musk’s Starlink: A Match Made In Heaven?
India’s 6G R&D effort was launched in March last year with 2030 the deadline, Starlink could come in earlier if regulatory and other challenges are resolved