A Cautionary Tale For China s Ambitious Chipmakers kvnf.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kvnf.org Daily Mail and Mail on Sunday newspapers.
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Just when you think the stock market is about to settle down, things get crazy again.
Already in 2021, we ve seen Reddit-fueled short squeezes driving stocks like
GameStop through the roof. More recently, many of last year s biggest winners have plunged as investors rotated out of high-growth tech stocks and into more cyclical plays like energy and financials as Treasury yields rose, portending higher interest rates and confidence in the economic recovery.
[ANALYSIS] Is Samsung Electronics losing competence in NAND? koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
Computer chips are the brains and souls of all the electronics the country’s factories crank out. Yet they are mostly designed and produced overseas. China’s government is lavishing money on anyone who can help change that.
The most beautiful daughter gets married off first, a Chinese saying goes. But sometimes, a favorite child can be so pampered, so high-maintenance, that she’s homebound well past her prime years. Eventually, everyone starts wondering if she will have any suitors at all. This is what’s happening at Tsinghua University, the prestigious, nearly 110-year old school that is President Xi Jinping’s alma mater. After defaulting in mid-November, Tsinghua Unigroup Co., a commercial arm and “favorite daughter” of the university, has brought in a government-led working group to diffuse its debt crisis. On Wednesday night, the company warned that it will not be able to repay a $450 million dollar-denominated bond due on Dec. 10.