Rio Tinto Increases Stake in Graphite Miner Amid China's Export Restrictions
Mining company Rio Tinto has announced that it is increasing its stake in graphite company Talon Metals Corp., primarily in response to new export restrictions on graphite from China. This deal comes amid growing demand for graphite, which is a key component in the production of batteries for electric vehicles and other high-tech applications.
Continue readingUS Imposes New Export Restrictions on Quantum Chips Targeting China
Recently, the US administration announced a new package of export restrictions targeting the shipment of quantum chips to China. These measures are part of a broader policy from Washington aimed at curbing Beijing’s technological advancements in strategically important sectors. The restrictions apply to both direct sales and any delivery of components and technologies that could be utilized in quantum computing development.
Continue readingSingapore Introduces Curbs on Public Housing to Ease Price Gains
Singapore, a city-state with one of the highest housing prices in the world, has announced new measures aimed at slowing down the price growth in the public housing market. The authorities have decided to restrict the purchase of new public housing units for certain categories of buyers, which is meant to address the growing discontent among locals regarding housing affordability.
Continue reading