AFP
19848 articles published since 08 Mar 2022
19848 articles published since 08 Mar 2022
China's commerce ministry on Thursday said recent curbs on essential chip-making metals were not aimed at any specific country and that they did not represent a "ban on exports". "The Chinese government is not targeting any particular country in implementing these export controls," commerce ministry spokeswoman Shu Jueting said at a press briefing on Thursday.
On the shores of Lake Issyk Kul in mountainous Kyrgyzstan, a group of divers show off their haul for the day -- a boat engine, car tyres, bottles, clothes and plastic items. "So we decided to clean up the lake," said the diver, who estimates he has collected 20 tonnes of waste since creating his association "Clean Issyk Kul".
Taiwan's chip giant TSMC said Thursday it did not expect any direct effect on production from China's latest export controls on two rare metals essential for making semiconductors. "After evaluation, we do not expect the export restrictions on raw materials gallium and germanium will have any direct impact on TSMC's production," the company said in a statement.
A mountain of copper and cobalt worth up to $2 billion is piled up in DR Congo, symbolising the wildly volatile market for metals touted as crucial to the green energy revolution. Based on production statistics, the stash of copper at the mine could be worth up to $1.5 billion, according to current London Metal Exchange prices.
Duisburg once touted itself as Germany's "China city" due to strong links to the Asian giant, but it is now desperately seeking an image makeover as geopolitical tensions upend bilateral ties.
A Sri Lankan jail witnessed a rare moment of accord last year when both prisoners and guards clamoured to greet its newest inmate: the man who toppled the island nation's president. "Even the prison guards were very supportive.
As Sri Lankans flocked to a jubilant street party celebrating their president's ouster, retired accountant Milton Perera sat at home pondering whether his family could afford to eat the next morning. The economic crisis had already forced Perera, his wife, his two children and their extended families to regularly skip meals when AFP first visited their home.
Electric car giant Tesla is set to realise fully autonomous vehicles "later this year", CEO Elon Musk said Thursday, in the billionaire's latest forecast for the long-anticipated milestone. Musk has missed his own deadlines for a fully autonomous vehicle -- and Tesla's driver-assistance technology has provoked regulatory probes in the United States.
Markets fell again in most of Asia on Thursday as traders resigned themselves to more US interest rate hikes after minutes from the Federal Reserve's June meeting showed officials felt more needed to be done to rein in inflation. "The minutes also show that this bias for further hikes is fuelled by an overriding concern over elevated price pressures and a tight labour market."
AFP
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