JERUSALEM, Oct 9 Reuters The Bank of Israel said on Monday it will sell up to 30 billion of foreign currency in the open market, in the central bank39;s first ever sale of foreign exchange, to maintain stability during Israel39;s war with Palestinian militants in Gaza. The move appeared to quickly calm the market as […]

HONG KONG, Oct 9 Reuters China aims to boost the countrys aggregate computing power by more than 50 by 2025, according to a plan released by authorities on Monday, as Beijing tightens its focus on supercomputing and artificial intelligence innovations. The plan comes amid rising competition between China and the U.S. in many hightech areas ranging from semiconductors and […]

Industrial output down 0.2 in Aug vs down 0.1 forecast Economists expect further contraction in coming months BERLIN, Oct 9 Reuters German industrial output shrank in August for the fourth consecutive month, the federal statistics office said on Monday, an indication that the sector remains under serious pressure, stoking recession fears. Industrial production fell slightly […]

SEOUL, Oct 9 Reuters Samsung Electronics and SK Hynix will be allowed to supply U.S. chip equipment to their China factories indefinitely without separate U.S. approvals, South Korea39;s presidential office and the companies said on Monday. The U.S. had been expected to extend a waiver granted to the South Korean chipmakers on a requirement for licences to bring U.S. […]