China Tightens Export Controls on Battery-Making Graphite
China strengthened export controls on some categories of graphite, a key material in electric vehicle batteries, in a move that would “safeguard national security and interests.”
Bloomberg Tech
Stocks Drop and Oil Rises on War Escalation Fears: Markets Wrap
Equities fell and oil and gold prices climbed as investors responded to the threat of a weekend escalation that would spread the conflict between Israel and Hamas to the wider Middle East region. Treasuries rose as yields at multiyear highs drew buyers.
Kioxia Is Said to Approach JIC to Back Western Digital Deal
Kioxia Holdings Corp. has approached Japan Investment Corp. about making a capital infusion to support its merger with Western Digital Corp. and strengthen the combined company’s financial base, according to people familiar with the matter.
Sell TSMC, Buy ASML Calls Grow as China-Taiwan Risks Loom
Intensifying Chinese pressure on Taiwan is prompting some equity investors to buck the trend and exit Taiwan Semiconductor Manufacturing Co.
The Mercedes G-Wagon Is Going Electric. We Had the First Test Drive
Here’s how the new version of the legendary SUV handles, and everything else you want to know. (Can it drive up a staircase?)
Kioxia Is Said to Approach JIC to Back Western Digital Merger
Kioxia Holdings Corp. has approached Japan Investment Corp. about making a capital infusion to support its merger with Western Digital Corp. and strengthen the combined company’s financial base, according to people familiar with the matter.
Sell TSMC, Buy ASML Gains Traction as China-Taiwan Risks Grow
Intensifying Chinese pressure on Taiwan is prompting some equity investors to buck the trend and exit Taiwan Semiconductor Manufacturing Co.
Rapid Dollarization to Stymie Zimbabwe’s Plan to Drop Greenback
The US dollar will remain the dominant currency in Zimbabwe even after the government’s December 2025 deadline to stop its use in the economy, the country’s largest independent asset manager said.
Stocks Decline as Treasuries Climb with Oil, Gold: Markets Wrap
Equities fell as volatility gripped global markets from an escalation in tensions in the Middle East, driving oil and gold to further advances. Treasuries advanced as buyers returned to the market.
Israel Latest: US Downs Missiles Targeting Israel From Yemen
The Pentagon said it’s experiencing an increase in drone attacks on US military bases in Iraq and Syria, while an American destroyer shot down cruise missiles and drones launched by Iran-backed Houthi militants in Yemen that were fired toward Israel.