Semiconductor giant ASML sees 2023 sales surge; says China revenue to be steady despite U.S. chip restrictions
Dutch chip equipment maker ASML forecast a 25% jump in 2023 revenue as the semiconductor industry forecasts a recovery in the second half of this year.
China offers Sri Lanka a 2-year debt moratorium
However, China’s Jan. 19 letter may not be enough for Sri Lanka to immediately gain the IMF’s approval for the critical loan, said Sri Lankan sources.
‘Robots are treated better’: Amazon warehouse workers stage first-ever strike in the UK
Amazon workers staged their first-ever strike in the U.K. Wednesday at the tech giant’s warehouse in Coventry, central England.
Morgan Stanley reveals its 8 favorite stocks ahead of Europe’s earnings season
The investment bank has identified eight stocks to buy ahead of a potentially volatile European earnings season.
Adani shares fall as short seller firm Hindenburg announces short position
Short seller firm Hindenburg announced its short position in Adani Group companies ahead of India’s market open on Wednesday.
Google job cuts hit 1,800 employees in California, including 27 massage therapists
As part of Google’s largest ever round of job cuts, the company eliminated more than 1,800 positions in its home state.
Bitcoin at $10,000 — or $250,000? Investors are sharply divided on 2023
2022 was a rollercoaster year for cryptocurrency, with nearly $1.4 trillion wiped off the market. We look back at crypto’s wild ride and what might be to come in 2023.
How China’s economic reopening could affect the Fed’s rate decisions
China’s reopening is a positive for businesses that are excited about doing deals there again. But it could be “too much of a good thing” when it comes to inflation. CNBC’s Ted Kemp reports.
Taiwan’s president says war with China is ‘not an option’
To resume constructive interaction, China must respect the commitment of the Taiwanese people to their sovereignty, democracy and freedom, Tsai’s letter said.
Australian inflation hits a post-1990 peak
Inflation in Australia rose to a new 32-year high of 7.8% in the final quarter of the fiscal year of 2022, marking the fastest pace since March 1990.
