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US extends China chip waiver for Taiwan's TSMC: minister
US extends China chip waiver for Taiwan's TSMC: minister
by  AFP

The United States has extended a waiver to Taiwanese semiconductor giant TSMC to supply US chip-making equipment to its factories in China, the island's economic affairs minister said Friday. Semiconductors have become a flashpoint issue between the United States and China, which are locked in a fierce battle over access to chip-making technology and supplies.

Mysterious rise in US Treasury yields perturbs markets
Mysterious rise in US Treasury yields perturbs markets
by  AFP

The surge in US treasury yields has sparked much anxiety among investors, in part because there is no easy explanation for the rise. Perplexing moves by US treasuries in response to economic news "suggest a shift in bond investors' focus from what monetary policymakers may do, to rising alarm about what fiscal policymakers are doing."

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