Semiconductor alliances between the United States and Asia can hold back China

Analysts told CNBC that leading chip makers, including the United States, are forming alliances, in part to secure the semiconductor supply chain and prevent China from taking the lead in the industry. Places like the United States, South Korea, Japan and Taiwan, which have strong semiconductor industries, have sought partnerships around biotechnology. “The direct cause … Read more

European stocks open to close; Markets brace for more Fed rate action

Rheinmetall tops European stocks with 9.6% gain German company for the manufacture of cars and weapons Rheinmetall It rose 9.6% late in the morning, leading to broad gains for defense companies after Russian President Vladimir Putin announced a partial military mobilization, in an apparent escalation of tensions in the war in Ukraine. Rheinmetall shares have … Read more