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The US government’s latest directive to TSMC, halting shipments of advanced semiconductors to China, marks a significant escalation in the global chip wars. The controls target chips of 7 nanometres (nm) or more advanced designs used in Artificial Intelligence (AI)…
TOKYO :Japan’s inflation-adjusted wages fell in August while household spending also declined, but analysts say underlying trends point to a gradual recovery in pay and consumption and should support the central bank’s plans for additional rate hikes. Real wages in…