Investing.com-- Shares of major Asian semiconductor manufacturers rallied on Thursday after U.S. President Donald Trump announced a 90-day suspension of certain tariffs, easing concerns over escalating trade tensions.The tariff pause reduces newly imposed reciprocal tariffs to 10% on goods from 57 major trading partners, including Japan, South Korea, and Taiwan, allowing time for further negotiati ...
By Anna TongSAN FRANCISCO (Reuters) -OpenAI countersued Elon Musk on Wednesday, citing a pattern of harassment by Musk and asking a federal judge to stop Musk from any "further unlawful and unfair action" against OpenAI in a court case over the future structure of the firm that helped launch the AI revolution.Musk and OpenAI CEO Sam Altman cofounded OpenAI in 2015, but Musk left before the company ...
TOKYO (Reuters) -Japan’s Nikkei share average jumped 9% on Thursday as investors scooped up beaten-down stocks after U.S. President Donald Trump declared an immediate 90-day tariff pause for many countries.The Nikkei rose 9.13% to 34,609 in its biggest daily gain since August 6, the day after the index fell in its biggest single-day rout since the 1987 Black Monday crash.The broader Topix climbe ...
Investing.com-- Nissan Motor Co., Ltd. (TYO:7201) shares rose sharply in Japanese trade on Thursday after Taiwan’s Foxconn (SS:601138) said it was seeking partnerships with Japanese automakers, including Nissan (OTC:NSANY), to build and sell electric vehicles in the country. Nissan shares jumped 8.9% to 339.3 yen, tracking a broader rally in Japanese markets as they cheered a postpon ...