The chip design software firm says it has received notice from the U.S. Commerce Department restricting its sales in China.
FINANCE
HLB’s strong 3Q results offset dilution of stake in China bank
The RM407mil dilution loss that Hong Leong Bank Bhd (HLB) recorded for its stake in Bank of Chengdu Co Ltd (BoCD), in China does not overshadow the strong financial performance of the bank for its…
Synopsys says to forget what it said last night. It did get a BIS letter about exports to China.
Shares of Synopsys Inc. took a sharp U-turn into the red on Thursday after the provider of semiconductor-design software withdrew its financial guidance given the uncertainties created by new …
Wall Street is looking past Nvidia’s China problem … for now
Despite Wall Street’s general approval of Nvidia’s results and outlook without China, Huang isn’t giving up on the region. The CEO issued a dire warning during the company’s earnings call, saying that …
China Monthly Data Protection Update: May 2025
This monthly report outlines key developments in China’s data protection sector for May. The following events merit special …
China to Extend $3.7 Billion Financial Assistance to Pakistan Next Month
China to re-lend $3.7B to Pakistan in June, aiding forex reserves and shifting to yuan-based refinancing amid rising financing needs.
Bank of Beijing’s rating upgraded to ’BBB-’ by Fitch, outlook stable
BOB’s risk-profile score of ’bb-’ reflects its larger exposure to entrusted investments among mid-tier banks. However, this is mitigated by its business focus in the capital city and less direct …
China-led development lender said to be planning Singapore, HK offices
It opened its first overseas office in September 2023 in Abu Dhabi. Read more at straitstimes.com. Read more at straitstimes.com.
China thought it had a truce with the US. Then Trump dropped two bombshells
A one-two punch from the United States risks shattering the already fragile trade war truce between Washington and Beijing, with Chinese tech companies and students both dealt shock blows by the Trump …
Nvidia CEO Jensen Huang touts US manufacturing plans, warns China export controls threaten US chip lead
Nvidia CEO Jensen Huang laid out the company’s US manufacturing plans, while criticizing export controls on chips to China during the the AI giant’s earnings call Wednesday.
China Blinks? Rare Earth Lifeline May Be Coming for Tesla and Europe’s Chipmakers
Beijing signals it could ease rare earth export curbs after urgent industry pushback–Tesla and EU fabs stand to gain.
Financial Times: Pres. Trump tells U.S. chip designers to stop selling to China
President Trump threatened more sanctions against Russia as airstrikes continue in Ukraine. Russia also reportedly proposed another round of direct talks with Ukraine in Istanbul, Turkey. CBS News …
Chip Software Stocks Tumble on Report Trump Orders They Stop Selling to China
Shares of semiconductor software companies sank, weighed down by a report that they had been caught up in the Trump administration’s efforts to hamstring China’s ability to develop sophisticated …
