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UPDATE 2-Agency bars Chinese telecom carriers from offering US broadband services
FCC orders Chinese telecom carriers to discontinue fixed or mobile broadband internet operations in the U.S. Federal Communications Commission cites security concerns. The agency says it has evidence Chinese carriers are providing broadband services in the US. The FCC previously barred Chinese companies from providing US broadband services. The companies have not responded to requests for comment.
Reuters · 14h ago
UPDATE 3-Net neutrality rules restored by US agency, reversing Trump
U.S. Federal Communications Commission votes 3-2 to reinstate landmark net rules. The rules were rescinded under former President Donald Trump. The FCC says it is using its authority to order Chinese telecom companies to stop providing broadband internet services in the United States. Net refers to the principle of free and open access to the internet.
Reuters · 16h ago
BREAKINGVIEWS-Alibaba is the ultimate contrarian China bet
Robyn Mak says over-expansion, regulatory crackdowns and slowing Chinese consumption are to blame for Alibaba's fall. The Chinese e-commerce group has lost $670 billion of market value in the past three years. But it is the ultimate contrarian China bet, she says.
Reuters · 02/21 01:54
FOREX-Dollar firms as traders weigh economic data, yen fragile
Dollar firms as traders weigh economic data, yen fragile. The dollar index is on track for its fifth straight weekly gain. The yen was anchored around the key 150 per dollar level. Traders pricing in an 80% chance of a Fed rate cut in June. The Japanese yen is down 6% against the dollar this year.
Reuters · 02/16 05:58
INSIGHT-China bets on open-source chips as US export controls mount
China bets on open-source chips as US export controls mount. Military institute in September published a patent for a high-performance chip. Open-source standard known as RISC-V is used to reduce malfunctions in chips for cloud computing and smart cars. U.S. And UK export controls prevent the sale of most advanced chips to China.
Reuters · 02/05 02:00
MEDIA-China Mobile: 6G may be commercially available by 2028-2030 -Shanghai Securities News
Reuters · 10/26/2023 09:31
INSIGHT-China rushes to swap Western tech with domestic options as U.S. cracks down
Reuters · 10/26/2023 01:00
GLOBAL MARKETS-Stocks steady, heavy data week keeps investors wary
Reuters · 10/24/2023 11:40
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