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Give China’s chipmakers a reason to care

Just as the market’s love for the FANG stocks turns to angst, the US government is looking to ban Chinese investments in its technologies. That’s a bigger problem for the country’s expensive chipmakers than their would-be Asian acquirers. Semiconductors and 5G wireless communications are among areas that would be placed off-limits under plans to invoke a law reserved for national ...

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Schools in the US should pay teachers what they’re worth

From West Virginia to Arizona, public-school teachers are in revolt. They are demanding better pay, and they deserve it — so long as their salaries are tied to their performance. It’s not that US teachers are underpaid; the median income for the country’s 1 million high-school teachers, for example, is more than 50 percent higher than that of the general ...

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Duterte’s ace in the hole for Asia’s worst market

Everyone loves an underdog, unless it’s Rodrigo Duterte and the Philippine peso. The Philippines is Asia’s worst stock and currency market this year. A 6 percent slump in the benchmark index combined with a 4.6 percent slide in the peso means US dollar-based investors are looking at double-digit losses. Year-to-date, foreigners pulled more than $580 million from shares, after inflows ...

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