China Chip Industry

U.S. Tightens Sanctions on China’s Chip Industry: Implications for Korean and Global Manufacturers

The United States has introduced sweeping new sanctions targeting China’s chip industry, escalating its technological rivalry with Beijing. Announced on Monday by the U.S. Department of Commerce's Bureau of Industry and Security (BIS), these measures focus on advanced semiconductor technologies,...
Taiwan President Lai Ching-te

Taiwan President Lai Ching-te Discusses China’s Military Threats in Call with Nancy Pelosi

Taiwan’s President Lai Ching-te raised concerns about China’s military threats toward Taiwan during a 20-minute phone call with former U.S. House Speaker Nancy Pelosi on Sunday, December 1. The conversation, described as "warm and amicable" by Taiwan’s presidential spokeswoman Karen...
China J-20S stealth fighter jets

China’s J-20S stealth fighter jets Outclasses US F-22 in Simulated Battle Near Taiwan: A Step Forward in Stealth and Drone Collaboration?

In a scenario that underscores the strategic tensions in the Pacific, Chinese researchers recently conducted a simulated aerial battle between their newly unveiled twin-seater J-20S stealth fighter and the US F-22 Raptor. The simulated confrontation, reportedly set in the skies...
Kim Jong-un-Donald Trump

Trump-Kim Meeting Could Reshape Global Dynamics Amid North Korea’s Nuclear Threats and Russia Alliance

As President-elect Donald Trump contemplates a meeting with North Korean leader Kim Jong-un, the international community finds itself at a crossroads. Such a summit offers a rare opportunity to address two intertwined global challenges: North Korea’s nuclear ambitions and its...
Russian Defence Minister Andrei Belousov-North Korean leader Kim Jong Un

North Korea and Russian Defense Minister Seek Closer Military Ties to Counter U.S. Influence

Russian Defence Minister Andrei Belousov met with North Korean leader Kim Jong Un to discuss bolstering military cooperation between their two countries. The meeting, which took place on Friday, Nov. 29, was highlighted in a statement by North Korea's state...
US-Taiwan

US Approves $385 Million Arms Sale to Taiwan Amid Growing Tensions with China

In a move likely to provoke strong objections from Beijing, the United States has approved a proposed arms deal with Taiwan valued at $385 million. The package includes spare parts for fighter jets, radar systems, and communications equipment, according to...
Tesla Inc.

JPMorgan Drops $162 Million Lawsuit Against Tesla Over Stock Warrant Dispute

JPMorgan Chase & Co. has agreed to withdraw its long-standing lawsuit against Tesla Inc., ending a three-year legal battle over stock warrant transactions worth $162 million. Both parties announced the decision in a joint one-page court filing on Friday, indicating...
Tesla

JPMorgan Chase Drops Lawsuit Against Tesla Over Stock Warrants

U.S. financial giant JPMorgan Chase announced on Friday that it had agreed to drop its high-profile lawsuit against Tesla. The lawsuit accused the electric vehicle maker of breaching a 2014 contract related to stock warrants. This agreement marks the end...
US dollar

Dollar Heads for Biggest Weekly Loss in Three Months Amid Waning Confidence in “Trump Trade”

The US dollar is heading for its most significant weekly decline in three months, as investors reevaluate the so-called "Trump trade" that has fueled its upward trajectory since the US presidential election. The greenback slipped by 0.2% on Friday, extending...
Bitcoin

Bitcoin ETFs on Track for Record Inflows Amid Historic Surge Toward $100,000

The cryptocurrency market, U.S. Bitcoin exchange-traded funds (ETFs) are poised to record their highest-ever net inflow, fueled by Bitcoin’s meteoric rise toward the $100,000 milestone. A renewed wave of optimism surrounding the digital asset market has been spurred by President-elect...
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