TOKYO, March 31 (Reuters) – Japan said on Friday it will restrict exports of 23 types of semiconductor manufacturing equipment, aligning its technology trade controls with a U.S. push to curb China’s ability to manufacture advanced chips Japan, home to major global chip equipment makers such as Nikon Corp ( 7731.T ) and Tokyo Electron …
March 31 (Reuters) – A preview of the day ahead in Asian markets from Jamie McGeever. Asian markets enter the final trading day of the quarter in a buoyant mood, ready to take on Friday’s load of regional economic data with a sense of optimism and resilience that would have been unbelievable a few weeks …
Morning Bid: What banking crisis? End the first trimester on a high Read More »
A look at the day ahead in US and global markets from Mike Dolan Inside like a lion, outside like a lamb. Farmers’ Almanacs suggest that a stormy and turbulent start to March means it’s likely to end calmly and serenely – and that’s what’s showing in global financial markets this year. The surge in …
Morning auction: global markets leave March like a lamb Read More »
LONDON, March 30 (Reuters) – A steadier tone in global shares continued on Thursday as investors hoped the banking sector had turned the corner on its recent turmoil to help markets end the quarter on a high note positive The dollar and crude oil prices were steady, with calmer markets allowing investors to focus more …
Stocks firmer as investors bet banking crisis is behind them Read More »
BRUSSELS, March 30 (Reuters) – Alphabet’s Google Cloud (GOOGL.O) has accused Microsoft (MSFT.O) of anti-competitive cloud computing practices and criticized impending deals with European cloud providers, saying they do not address the broader issues regarding its licensing. terms. In Google Cloud’s first public comments on Microsoft and its European deals, its vice president Amit Zavery …
SHANGHAI/HONG KONG, March 30 (Reuters) – Alibaba Group ( 9988.HK ) said on Thursday it will look to monetize non-core assets and consider giving up control of some companies as the Chinese technology conglomerate reinvents itself after ‘a regulatory crackdown. which wiped out 70% of its shares. Group CEO Daniel Zhang said breaking the company …
Alibaba will decide on control of the new business units after the IPOs Read More »
March 29 (Reuters) – Synopsys Inc (SNPS.O) on Wednesday rolled out new artificial intelligence tools designed to get better results faster at different stages of computer chip design. Synopsys makes software that companies use to design computer chips. Modern chips have tens of billions of tiny on-off switches called transistors, and their precise on-chip layout …
March 28 (Reuters) – Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month break from training systems more powerful than OpenAI’s new GPT-4 model, have they said in an open letter, citing the potential risks to society and humanity. The letter, published by the nonprofit Future of …
Musk and experts call for a break from training AI systems more powerful than GPT-4 Read More »
HONG KONG, March 28 (Reuters Breakingviews) – Alibaba’s (9988.HK) biggest overhaul in more than two decades could prove infectious. The Chinese e-commerce group is splitting into six units, some of which could then be listed or sold. This should unlock value for weary shareholders and please regulators and politicians keen to control strategic companies. Other …
Alibaba co-founder and billionaire Jack Ma (Photo by Philippe LOPEZ / AFP) AFP via Getty Images Chinese e-commerce giant Alibaba announced plans to split into six business units, leading shares to rally on investor optimism that the restructuring will spur more IPOs in the future. Alibaba shares jumped more than 14% in Hong Kong in …
Alibaba to split into six business units with plans for future IPOs Read More »
