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Semicon in good shape
It looks like its good news for the semiconductor sector with the World Semiconductor Trade Statistics organisation raising its global semiconductor sales forecast for this year, backed by a healthy growth trajectory.
G7 strikes deal on tax rules for US tech giants
LONDON: The Group of Seven (G7) rich nations secured a landmark deal that could help countries collect more taxes from big companies and enable governments to impose levies on US tech giants such as Amazon.com Inc and Facebook Inc.
Five Eyes: why New Zealand wants to go its own, quieter way on China
Smallest member of world’s oldest intelligence-sharing network prefers a more traditional approach to megaphone diplomacy, according to analystsThey say it suggests different ideas on the purpose of the alliance and that Wellington doesn’t want to damage relations with Beijing, as others have
Bursa Malaysia to trade sideways next week; investors to monitor April IPI index, ECB meet
The FTSE Bursa Malaysia (FBM KLCI) is expected to trade sideways this week with the level of resistance located at 1,600 to 1610 points.
Japan likely to defend Taiwan if Beijing makes moves, former US national security official Matt Pottinger says
Pottinger defends the Trump administration against assertions that it strained ties with Japan and other allies in the region‘Some of the key pillars of our strategy in the Indo-Pacific region were ideas that we borrowed and adapted and shared and collaborated on with Japan,’ he says
Automakers seen to bear the brunt of chip shortage
THE chip shortage that is being experienced in the semiconductor sector is expected to have a more pronounced impact on the automotive sector compared with the consumer electronics industry.
China wants a voice that matches its national strength, international status
BEIJING, Global Times, June 2 - Chinese President Xi Jinping said on Monday China needs "to develop a voice in international discourse that matches China's comprehensive national strength and international status, " as Chinese top leaders had a group study session on strengthening China's capacity for international communication, with experts saying China will not keep silent amid a stigmatization and propaganda warfare launched by the US and its allies, and China has the confidence to shape a more "reliable, admirable and respectable image."
Malaysia's wood-based exports exceed RM6b in 1Q
Total exports of the wood-based sector increased 9.9 per cent year-on-year to RM6.04 billion in the first quarter (Q1) of 2021 despite the the country facing the pandemic, said the Malaysian Timber Council (MTC).
China holds economic talks with second top US official in a week
Chinese Vice Premier Liu He exchanged views with U.S. Treasury Secretary Janet Yellen on issues of mutual "concern", in his second virtual call in a week with top economic and trade officials under the U.S. Biden administration.
US-China cross-border investment drops to lowest level since 2009
The investment between US and China dropped to US$15.9 billion in 2020, much less than the US$70 billion invested in 2016, according to a reportUS capital invested in China dropped by roughly a third from the year earlier to US$8.7 billion last year
