Chip-sector linchpin Resonac seeks to tap China’s AI ambitions

Chip-sector linchpin Resonac seeks to tap China’s AI ambitions

Japan is home to a network of little-known companies that dominate in key materials that are indispensable for semiconductor manufacturing [HONG KONG] Semiconductor materials linchpin Resonac Holdings is eyeing solid growth from Beijing’s ambition to build its own chip industry, leaving the door open for further investment in China in the years ahead. Tokyo-based Resonac,…

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Wall Street slips at open as investors assess key jobs data

Wall Street slips at open as investors assess key jobs data

[NEW YORK] Wall Street’s main indexes slipped at the open on Tuesday (Dec 16) after data broadly signalled a cooling US economy, paving the way for more monetary policy easing by the Federal Reserve next year. The Dow Jones Industrial Average fell 36.4 points, or 0.08 per cent, to 48,380.17 at the open. The S&P…

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