Daily Archives: 12/02/2024


US unveils fresh export curbs targeting China’s chip sector

Washington — The United States announced new export restrictions Monday taking aim at China’s ability to make advanced semiconductors — used in weapon systems and artificial intelligence  as competition intensifies between the world’s two biggest economies.   “The United States has taken significant steps to protect our technology from being used by our adversaries in ways that threaten our national security,” said White House national security adviser Jake Sullivan in a statement.   He added that Washington will keep working with allies and partners to “to proactively and aggressively safeguard our …


World leaders and faithful expected at Notre Dame’s reopening  

Notre Dame cathedral reopens this weekend (Dec 7/8) five years after a massive fire devastated the iconic Paris landmark. Political and religious leaders and ordinary visitors are expected to attend the events, which mark a bright spot in an otherwise turbulent year. Lisa Bryant reports from the French capital. …


Malaysia urges Chinese firms to avoid using it to dodge US tariffs 

KUALA LUMPUR — Malaysia has urged Chinese companies to refrain from using it as a base to “rebadge” products to avoid U.S. tariffs, its deputy trade minister said on Monday, amid increasing export restrictions and concerns of a U.S.-China trade war.  Washington is expected to further curb exports to Chinese semiconductor toolmakers and sales of certain chipmaking equipment, including products manufactured in Malaysia, Singapore and Taiwan, sources have told Reuters.  Malaysia is a major player in the semiconductor industry, accounting for 13% of global testing and packaging, and is seen as …