Bloomberg Washington’s latest move to restrain Beijing from fostering its chipmaking industry is powering China’s semiconductor stocks as the US restrictions could fire up support for homegrown technology. China chipmakers were one of the few bright spots in the markets on Wednesday after Bloomberg News reported that the US is pushing the Netherlands to ban ASML Holding NV from ...

  Bloomberg Gold slumped to the lowest in more than six months as the dollar rallied amid growing recession fears that caused losses across risk assets. The greenback surged to highest in more than two years as investors retreated to the haven, putting pressure on bullion. US stocks briefly slumped more than 2% amid fears that the Federal Reserve’s rate ...

  DUBAI / WAM The UAE has maintained its position among the top global commodity trading hubs, according to the third iteration of the Commodity Trade Index presented in DMCC’s latest Future of Trade 2022 report. The Commodity Trade Index assesses the role of ten key trading hubs within global trade, ranking these countries in terms of their significance in ...