Bloomberg Tech

Overseas workers are bouncing back from the pandemic and sending more remittances then ever

Only six months since the China reopening trade triggered the world’s best stock gains, investors have stopped believing in the market’s upward trend.

Taiwan Semiconductor Manufacturing Co. climbed as much as 1.4% after reaffirming its target for capital spending this year, in a sign Apple Inc.’s main chipmaker intends to shore up its lead in advanced semiconductors ahead of a tech recovery.

South Korea is poised to extend its dominance over the global memory-chip market at China’s expense as US export controls shift the dynamics of semiconductor supply chains, a leading industry forecaster predicts.

North Korea’s foreign minister made her first formal statement directed at the US in about half a year to say Pyongyang will keep its nuclear weapons and punish Group of Seven members who try to change that.

UK lawmakers have urged regulators to take action to head off “significant risks” posed to workers by the boom of artificial intelligence programs including ChatGPT.

Spooked by the threat that China might invade Taiwan, the US wants to cut its dependence on the island’s world-beating microchips. Officials in Taipei believe the Biden administration is going too far.

Rogers Communications Inc. hired Navdeep Bains, a former cabinet minister turned banker, to an executive role as the wireless and cable firm begins to absorb the assets of Shaw Communications Inc.

Rakuten Bank Ltd. is set to start trading in Tokyo on Friday following Japan’s largest initial public offering since 2018.

Putting lawsuits behind you can get expensive.