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Live World News @NexthPress
15 days ago (E)
Japan tourism stocks plunge after China travel warning
Japanese tourism and retail stocks tumbled Monday after China warned its citizens against traveling to Japan, deepening a diplomatic crisis over Taiwan that threatens to disrupt one of Asia's most important economic relationships.
Shares in cosmetics company Shiseido plunged as much as 11 percent, while department store operator Takashimaya fell more than 5 percent and Fast Retailing—the owner of Uniqlo—dropped more than 4 percent in morning trading. The declines came after Beijing issued a travel advisory Friday warning Chinese nationals to avoid Japan due to deteriorating diplomatic relations #japan #china #TourismCrisis #stockmarket #Shiseido #Takashimaya #FastRetailing #Geopolitics https://www.perplexity.ai/...
Live World News @NexthPress
2 months ago (E)
Huawei AI chips contain Taiwan, Samsung parts despite U.S. bans.A comprehensive analysis by TechInsights has confirmed that Huawei's flagship Ascend 910C AI processors contain critical components from Taiwan Semiconductor Manufacturing Co, Samsung, and SK Hynix, despite years of U.S. export restrictions designed to block such technology transfers to the Chinese company #chips #china #taiwan #Huawei https://www.perplexity.ai/...

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