Key Points: China threatens economic retaliation against Japan over restrictions on chipmaking equipment. Toyota has warned that China could limit Japan’s access to minerals essential for automotive production. China opposes disruptions to the global supply chain and politicization of trade...
Key Points The Nikkei 225 rose 0.14%, reaching a one-month high, driven by gains in the Shipbuilding, Power, and Manufacturing sectors. IHI Corp. (TYO:7013), Credit Saison Co., Ltd. (TYO:8253), and Fujikura Ltd. (TYO:5803) were among the top performers on the Nikkei 225. Sumitomo Dainippon Pharma Co. (TYO:4506) and Chugai Pharmaceutical Co. (TYO:4519) were among the...
Key Points: Intel CEO Pat Gelsinger will present a plan to reduce costs by selling non-core businesses and adjusting capital spending. The semiconductor chip manufacturer may sell its Altera unit, acquired in 2015, as part of broader restructuring efforts. Intel plans to reduce capital spending to $21.5 billion by 2025, down 17% from this year....
