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Biden signs major semiconductors investment bill to compete against China
Biden signs major semiconductors investment bill to compete against China
by  AFP

President Joe Biden signed into law Tuesday a multibillion dollar bill boosting domestic semiconductor and other high-tech manufacturing sectors that US leaders fear risk being dominated by rival China. Shortly, Biden is also expected to be signing an enormous domestic investment bill -- backed only by Democrats -- aimed at fighting climate change and reducing health care costs.

Asian markets mixed as focus turns to inflation data
Asian markets mixed as focus turns to inflation data
by  AFP

Asian equities were mixed Tuesday as investors await US inflation data later in the week, after a jobs report suggested the Federal Reserve would likely need to continue its sharp interest rate hikes to tame runaway prices.

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