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India Lures Computer Producers From China With $1B Incentive: WSJ
Wednesday, February 24, 2021 - 2:26pm | 542Read More...India announced close to $1 billion in incentives to lure computer manufacturers, reduce the trade deficit, attain self-reliance in electronic goods, and become a chief global supplier as the world plans to shun China, the Wall Street Journal reports. Apple Inc (NASDAQ: AAPL)...
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US Chip Companies Seek President Biden's Assistance To Tide Through Semiconductor Crisis: Reuters
Thursday, February 11, 2021 - 1:15pm | 659Read More...A group of U.S. chip companies, including Intel Corp (NASDAQ: INTC), Qualcomm Inc (NASDAQ: QCOM), Micron Technology Inc (NASDAQ: MU), and Advanced Micro Devices Inc (NASDAQ: AMD), sent a letter to President Joe Biden requesting for grants...
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Fintech Focus For December 3, 2020
Wednesday, December 2, 2020 - 7:25pm | 1957Read More...Quote To Start The Day: Coming hard on the heels of the trade war, the Covid shock will intensify pressure for the diversification and localization of supply chains — just not yet. A year spent in emergency response mode is not a year when projects requiring detailed planning, significant...
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Pompeo Says China's Huawei Dealt A Direct Blow, Has Limited Ability To Acquire Tech
Monday, August 17, 2020 - 11:28am | 460Read More...U.S. Secretary of State Mike Pompeo says the U.S. has dealt a direct blow to China’s Huawei Technologies and the Chinese Communist Party by further limiting the company’s ability to acquire U.S. technology, which Pompeo says would compromise the integrity of the world’s...
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Huawei Reportedly Set To Halt Manufacturing Of Kirin Chipsets
Saturday, August 8, 2020 - 2:53pm | 322Read More...Huawei will stop making its Kirin Chipsets beginning next month, according to the Chinese financial magazine Caixin. What Happened: Amid mounting pressure from the U.S. government, the suppliers of Huawei’s HiSilicon Chip division have started to distance themselves...
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Biden Leads In Polls, Coronavirus Cases Surge, Micron, FedEx Earnings Ahead: The Weekly Market Outlook
Friday, June 26, 2020 - 5:11pm | 680Read More...The S&P 500 dipped in a volatile week of trading as investors digested record numbers of daily U.S. COVID-19 cases, an uptick in geopolitical tensions and a new round of polls suggesting Democrats are gaining momentum ahead of the November election. On Monday, President Donald Trump...
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The Undervalued Currencies In A Coronavirus Market, According To SEB
Wednesday, June 10, 2020 - 12:24pm | 616Read More...The global coronavirus pandemic has impacted forex market performance, with many smaller currencies outperforming the more liquid ones. Prior to the COVID-19 outbreak, Brexit and the trade war between the U.S. and China determined FX performance. “Before the COVID-19 outbreak,...
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Pro Investor Says Market Isn't Pricing In China Risks
Monday, June 1, 2020 - 5:22pm | 435Read More...Tensions between the U.S. and China has been "bubbling up" over the past few weeks and represents a new set of risks that aren't priced into the market at current levels, Wilmington Trust head of investment strategy Meghan Shue said on CNBC's "Trading Nation." What...
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Remember The trade War? It's Back And At Risk Of Escalating
Monday, June 1, 2020 - 3:15pm | 1514Read More...The U.S.-China Phase One trade deal is not dead, but it is on life support. The two superpowers' deteriorating relations in the wake of a Chinese security law covering Hong Kong has implications for container, tanker, dry bulk and gas shipping demand, as well as shipping stocks. President Donald...
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7 Events In 2020 That You Probably Already Forgot
Saturday, May 2, 2020 - 9:25am | 643Read More...It’s only May, but 2020 has already felt like a year to some. With life drastically changing in a matter of weeks because of the coronavirus, the near past feels distant as people anxiously wait for the pandemic to end. The year kicked off with an eventful first quarter even before a pandemic...
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PreMarket Prep Stock Of The Day: Baidu
Wednesday, April 8, 2020 - 2:49pm | 722Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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Comparing COVID-19 To The 2019 US-China Trade War
Thursday, February 27, 2020 - 9:40am | 587Read More...U.S. stocks have taken a beating in recent weeks on growing concerns about the negative economic impact of a global outbreak of the COVID-19 coronavirus. DataTrek Research co-founder Nicholas Colas compared the negative market impact of the coronavirus outbreak to the positive impact of January...
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3 ETFs To Watch In A Post-Phase One Trade World
Thursday, January 16, 2020 - 9:00am | 875Read More...After years of on again, off again talks that often sapped riskier assets in both countries, the U.S. and China finally inked "phase one" of a trade package on Wednesday. At the heart of the agreement are pledges by China to boost purchases of an array of U.S.-produced commodities,...
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7 Stocks To Buy On 'Phase One' Trade Deal
Wednesday, January 15, 2020 - 4:21pm | 1095Read More...Almost two years to the day that U.S. President Donald Trump first imposed tariffs on imported washing machines and solar panels, the U.S. and China have officially completed a "phase one" trade deal. Since the deal was announced in mid-December, the S&P 500 has rallied 3.4% on hopes...
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US, China Reach Phase One Trade Deal: What's Next?
Wednesday, January 15, 2020 - 12:22pm | 633Read More...President Donald Trump signed a phase one trade deal with China Wednesday, and the S&P 500 has made significant gains since the deal was announced back in December. The SPDR S&P 500 ETF Trust (NYSE: SPY) is now up 3.4% since Dec.13 — but the deal may not have as big of an impact...
