Trade tensions could disrupt supply of chip equipment

TAIPEI: Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, warned for the first time that trade tensions may disrupt its access to key production equipment and hit its operations, amid increasing friction between the US and China.

Shake Shack to make South China debut next month

Taiwan says its chip firms will adhere to new US rules blacklisting China supercomputing entities

TAIPEI: Taiwan said on Wednesday its chip companies will adhere to U.S. rules after Washington added seven Chinese supercomputing entities last week to an economic blacklist and after a Taipei-based chipmaker halted orders from one of the entities named.

China drills deep in disputed South China Sea

China has drilled deep in the South China Sea to retrieve sediment core from the seabed, state media reported on Thursday, amid tensions over disputed waters with rival claimants Taiwan and the Philippines, as well as with the United States.

British policy after Brexit targets influence in Indo-Pacific

LONDON: Britain wants to expand its influence among democratic nations in the Indo-Pacific region while preserving strong ties with the United States, a document laying out the country's post-Brexit foreign policy priorities will say on Tuesday.

Biden official says US, China talking about "near-term" senior-level meeting

WASHINGTON: A senior Biden administration official said on Tuesday that the United States was in talks with China about a possible "near-term" senior-level meeting between the two countries, after the White House said it had no "finalized" details to announce.

Dow to set up US$250mil hub in Zhanjiang

BEIJING: United States chemical giant Dow has signed a memorandum of understanding with the Zhanjiang Economic and Technological Development Zone Administrative Committee (Zhanjiang EDZ) to build Dow South China Specialties Hub and further capture growth in the world’s largest chemicals market.

Countries differ on spectrum allocation approach

SPECTRUM auction has been the most popular approach by governments across the world in dishing out radio airwaves.

Spring of joy for sales

BEIJING: Duty-free shops in Hainan province saw sales of 1.5 billion yuan (US$232mil) during the Spring Festival shopping spree, double the figure for the Spring Festival holiday in 2019.

Cathay Pacific to raise US$870mil in convertible bonds to shore up liquidity

HONG KONG: Hong Kong’s Cathay Pacific Airways Ltd said yesterday it would issue HK$6.74bil (US$869.51mil) of convertible bonds to shore up liquidity, sending shares down as much as 9.4% in the worst daily decline in 12 years.