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[BENGALURU] The US Department of Commerce is considering revoking authorisations granted in recent years to global chipmakers Samsung, SK Hynix and Taiwan Semiconductor Manufacturing Company (TSMC), making it more difficult for them to receive US goods and technology at their plants in China, according to sources familiar with the matter.The chances of the United States withdrawing the authorisations are unclear. But with such a move, it would be harder for foreign chipmakers to operate in China, where they produce semiconductors used in a wide range of industries. A White House official said the United States was “just laying the groundwork” in…
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[TAIPEI] Taiwan’s central bank governor warned on Saturday (Jun 21) that rapidly rising US debt could be “unfavourable” to the outlook for US Treasuries and that US President Donald Trump’s trade policies have made investors cautious.Taiwan’s US$593 billion in foreign exchange reserves are more than 80 per cent made up of US Treasury bonds, according to the central bank, which said earlier this month that Treasuries were “sound” and still favoured by investors. It added that there were no worries about the US dollar’s position as the leading international reserve currency. Governor Yang Chin-long, in a speech posted on the central…
Mauricio Dubón scored the winning run on a wild pitch in the 10th inning, Jeremy Peña and Isaac Paredes opened the game with home runs, and the Houston Astros beat the Los Angeles Angels on Friday night, 3-2.Peña led off the 10th with a single that advanced automatic runner Dubón to third. Dubón scored when Hunter Strickland, who hadn’t allowed a run in 14 2/3 innings of his first 13 appearances with the Angels, threw a pitch behind the back of Paredes.Houston closer Josh Hader (5-1) retired the side in order in the ninth and Bennett Sousa retired three straight…
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[HONG KONG] China’s top official for Hong Kong affairs said the city needs to prioritise national security to ensure prosperity.The China-imposed national security law helped Hong Kong maintain its status as an international financial hub, Xia Baolong, director of the Hong Kong and Macau Affairs Office in Beijing, said on Saturday (Jun 21) on his third trip to the semi-autonomous city in three years. “Profound changes are occurring inside and outside Hong Kong. It is necessary to fully implement the One Country, Two Systems principle, guided by national security, to provide favourable safety protection for achieving better development of Hong…
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New Research Demonstrates Significant Benefits of Simple Dietary Switch for Blood Glucose Control and Long-Term Weight Management CHICAGO, June 20, 2025 /PRNewswire/ — Consistently replacing diet beverages with water in women with type 2 diabetes may contribute to greater weight loss and increases the likelihood of long-term diabetes remission. The results were presented as a general poster at the 85th Scientific Sessions of the American Diabetes Association® (ADA) in Chicago. Everyday, approximately one-fifth of the U.S. population consumes a diet drink. Regular consumption of diet beverages has been linked to a range of potential health risks, including cardiovascular disease, type 2…
[HONG KONG] Almost 10 days since US President Donald Trump declared a “done” trade deal with Beijing, US companies remain largely in the dark on when they will receive crucial magnets from China, and whether Washington, in turn, will allow a host of other exports to resume.While there has been a trickle of required permits, many American firms that need Chinese minerals are still waiting on Beijing’s approval for shipments, according to sources familiar with the process. China’s system is improving but remains cumbersome, they said, contrary to Trump’s assurances rare earths would flow “up front” after a Jun 11…