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Info vis news wires reporting on China's new state-backed investment fund with registered capital of 344 billion yuan aimed at boosting the semiconductor industry:third phase of its national integrated circuit industry investment fund was officially set up on May 24China's finance ministry is the biggest shareholder with a 17% stake ...
South Korean President Yoon Suk Yeol, Chinese Premier Li Qiang, and Japanese Prime Minister Fumio Kishida met. These were the first three-way talks in four years.The communications out of the summit are fairly saccharine and non-controversial, as you'd expect. Who know what went on behind closed doors. Chinese Premier Li Qiang: praised the 'restart'...
Lee Bok-hyun heads up South Korea's Financial Supervisory Service, he said he personally hoped to partially lift South Korea's short selling ban in June, but if not then at least provide a timeline on when and under what conditions it would be lifted. He was announcing a new South Korean stock market monitoring system to detect illegal short-selling,...
The Financial Times (gated) carries the report. In (very) brief:technology known as “nuclear transmutation”could cut the volume of highly radioactive waste from nuclear power plants by 80%would reduce the time it remains radioactive to “less than 500 years” (from hundreds of thousands of years)If this proves to be be corrrect it's a game changer for...
China's economic data in the early part of this year has been on the improve. That's carrying on into Q2. The property market remains fragile, of course.April 2024 Industrial Profits up 4.0% y/y vs. prior -3.5%January - April (ie YTD) Industrial Profits +4.3% vs. prior +4.3%---Industrial profit numbers cover firms with annual revenue of at least 20...
Chinese state media confirm Xi Jinping's appearance:Chinese President Xi Jinping will attend the opening ceremony of the 10th ministerial meeting of the China-Arab States Cooperation Forum on May 30 in Beijing and deliver a keynote speech, a foreign ministry spokesperson announced on Sunday.I haven't a time for this yet. This article...