Japan issues rare alert, North Korea launches missile without warning over island

flood CNN – Japan Residents urged to take cover early Tuesday morning afterwards North Korea It launched a ballistic missile without warning over the country for the first time in five years, in a major and potentially dangerous escalation of recent weapons tests by the Kim Jong Un regime. The launch, which sparked an immediate … Read more

Stocks drop, Chinese yuan tops 7.2 against the dollar

The Chinese yuan is likely to return to the “reasonable range” soon The yuan is likely to return to the “reasonable range” between six and seven against the US dollar — as soon as next year, said Han Baojiang, director of the Department of Economics at the Party School of the CPC Central Committee. That’s … Read more

Semiconductor alliances between the United States and Asia can hold back China

Analysts told CNBC that leading chip makers, including the United States, are forming alliances, in part to secure the semiconductor supply chain and prevent China from being up-to-date. Places like the United States, South Korea, Japan and Taiwan, which have strong semiconductor industries, have sought partnerships around biotechnology. “The direct cause of all of this … Read more

Federal Reserve hike, Bank of Japan, interest rates, currencies

Oil prices rise after Fed raises rates, demand concerns remain Oil prices rose after the third consecutive rate hike by the Federal Reserve. Reuters also I mentioned Chinese refineries They expect the country to release up to 15 million tons of oil product export quotas for the rest of the year, citing people familiar with … Read more