Foreign Investors Trim Japanese Equity Holdings Amid Tech Sector Concerns Overseas investors sold Japanese equities for a second consecutive week through June 6, as concerns over elevated technology stock valuations and broader global market uncertainties prompted profit-taking. The latest outflows came after weaker-than-expected earnings from Broadcom raised questions about the sustainability of the technology-driven rally that has fuelled gains in global markets. Investor sentiment was also affected by a stronger-than-expected United States jobs report, which reinforced expectations that the Federal Reserve could maintain higher interest rates for longer. At the same time, escalating tensions in the Middle East added to…
Author: Kanika Sharma
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EU Strengthens ETS2 Price Controls Ahead Of 2028 Launch The European Union has agreed to strengthen safeguards designed to control prices in its upcoming carbon market for heating and transport fuels. The move follows concerns from several member states that the emissions-cutting mechanism could lead to higher fuel costs for consumers and fuel opposition to climate policies. Negotiators representing EU countries and the European Parliament reached the agreement on Wednesday evening. The revised measures aim to provide greater market stability while maintaining the bloc’s long-term emissions reduction objectives. Stronger Market Stability Measures Under the agreement, additional carbon permits will be…
U.S. Tariffs On Semiconductors Not Imminent As Government Focuses On Reshoring The United States is not expected to impose new semiconductor tariffs immediately, according to U.S. Trade Representative Jamieson Greer. However, he stressed that tariff protections remain an important tool for strengthening domestic chip manufacturing and encouraging the return of semiconductor production to the country. Speaking at a memory chip plant expansion project operated by Micron Technology in the suburbs of Washington, D.C., Greer said any measures resulting from the government’s Section 232 national security investigation must be carefully implemented. He noted that the timing and scale of tariffs would…
Bipartisan Senators Seek Tighter Rules On AI Chip Production For Chinese Firms A bipartisan group of U.S. senators has urged President Donald Trump’s administration to strengthen export control measures governing advanced artificial intelligence chip production. The lawmakers argue that existing rules may still allow Chinese companies to gain access to cutting-edge computing capabilities through overseas subsidiaries and indirect manufacturing arrangements. The request follows recent action by the Trump administration to close a potential loophole involving the export of advanced chips, including those produced by Nvidia. Officials moved to address concerns that Chinese companies operating through subsidiaries outside China could obtain…
White House Accelerates AI Use For National Security The White House has announced plans to speed up the development and deployment of artificial intelligence across national security operations while maintaining restrictions on unlawful surveillance activities. The move reflects growing interest in the role of advanced AI systems within intelligence and military functions, as policymakers seek to balance innovation with oversight. President Donald Trump outlined the administration’s position in a national security memorandum, stating that the United States would expand the responsible use of AI across intelligence and warfighting domains while remaining aligned with American values. Administration Pushes Faster AI Adoption…
SpaceX IPO Access Restrictions Raise Concerns for China and Hong Kong Investors Investors in mainland China and Hong Kong may face challenges participating in the highly anticipated SpaceX initial public offering (IPO) after the company’s website and IPO marketing documents were found to be inaccessible in both markets on Friday, according to a Reuters review. SpaceX, led by Elon Musk, is seeking to raise $75 billion through its public offering, making it the largest IPO globally. The deal would value the company at approximately $1.75 trillion and place it among the ten most valuable publicly listed companies in the United…
TSMC Races To Meet AI Demand Amid Global Semiconductor Boom Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, is working aggressively to keep pace with surging demand driven by the artificial intelligence boom, with Chief Executive Officer C.C. Wei warning that supply constraints remain a challenge across the semiconductor industry. Speaking at the company’s annual shareholder meeting in Hsinchu on Thursday, Wei said customer demand for AI-related chips continues to exceed available supply, placing pressure on manufacturers throughout the global technology supply chain. “We are already working very hard,” Wei told reporters after the meeting. “Customer demand is…
European Parliament Adopts Qwant As EU Pushes Tech Sovereignty Agenda The European Parliament will replace Google with the French search engine Qwant, marking another step in Europe’s effort to reduce dependence on US technology providers and strengthen home-grown digital alternatives. The move comes as the European Union advances a broader strategy aimed at boosting domestic capabilities in cloud computing, artificial intelligence and semiconductor production. The decision coincides with the European Commission’s unveiling of new legislative proposals designed to reinforce Europe’s technological sovereignty and narrow the gap with major competitors in the United States and China. EU Unveils New Technology Strategy…
Valeo Shares Surge As Investors Back Data Centre And Energy Storage Growth Shares in French automotive supplier Valeo soared 18% on Wednesday after investors responded positively to growing expectations that the company could benefit from expanding opportunities in data centres and battery energy storage systems. The sharp rally marked Valeo’s biggest single-day gain since the rebound from the COVID-19 market sell-off in March 2020. The surge comes just two months after the stock touched its lowest level in more than 16 years, highlighting a dramatic shift in investor sentiment. Analysts Highlight New Growth Opportunities Analysts at J.P. Morgan and Jefferies…
Meta Loses EU Challenge Over Messenger Gatekeeper Designation Meta Platforms has lost its legal challenge against the European Union’s decision to classify its Messenger app as a powerful “gatekeeper” under the bloc’s Digital Markets Act (DMA). The ruling reinforces the obligations placed on major technology companies that hold significant influence in digital markets. The decision was handed down by Europe’s second-highest court on Wednesday. Judges upheld the European Commission’s assessment that Messenger serves as an important gateway through which businesses can reach users. As a result, the platform remains subject to the requirements set out under the DMA. Court Upholds…