Recent Posts

Japan ends curbs on exports of chip materials to South Korea

BLOOMBERG  Japan ended restrictions on exports to South Korea of three key compounds used in the manufacture of semiconductors and displays, in the latest step towards improving long fractious ties between the two US allies. The Ministry of Economy, Trade and Industry announced the move to officially ease licensing requirements on fluorinated polyimide, hydrogen fluoride and photoresists, adding the move ...

Read More »

Tencent soars as traders cite ‘talk of official’s visit’

BLOOMBERG  Tencent Holdings Ltd surged more than 8%, the most in about four months, as traders cited unsubstantiated talk that newly installed Premier Li Qiang toured the Chinese social media leader’s headquarters. Guizhou Party Secretary Xu Lin visited the Chinese company’s offices, according to the official WeChat account of a Guizhou state media outlet. Li, Xi Jinping’s top deputy, didn’t ...

Read More »

Toshiba accepts $15.3b buyout bid from Japanese consortium

BLOOMBERG  Toshiba Corp accepted a buyout offer from a Japanese consortium, according to people familiar with the matter, as the iconic conglomerate moved a step closer to ending a troubled chapter in its more-than-140-year history. The Tokyo-based company’s board approved a bid of about 2 trillion yen ($15.3 billion) from a group led by domestic private equity firm Japan Industrial ...

Read More »
Send this to a friend