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☆ NHL roundup: Connor McDavid hits 150 points in Oilers' win
▼ + stars: | 2023-04-09 | by ( ) www.reuters.com time to read: +12 min

Tomas Hertl scored, and James Reimer made 29 saves for the Sharks, who have lost seven straight against the Oilers. McDavid notched his 150th point when he scored with 1:44 left in the opening period for a 2-1 lead. Jesper Bratt scored the lone goal and MacKenzie Blackwood made 38 stops for the Devils, who had won back-to-back games. Avalanche 4, Kings 3Denis Malgin scored two goals for visiting Colorado in a win against Los Angeles. Alex Nylander, Danton Heinen and Evgeni Malkin each scored a goal and Tristan Jarry made 19 saves for the Penguins.

☆ Used U.S. electric vehicle sales jump as prices fall -group
▼ + stars: | 2023-04-07 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, April 7 (Reuters) - Used electric vehicle sales in the United States rose 32% in the first three months of 2023 as prices fell, data provider Cox Automotive said on Friday. The group said used EV prices were probably cut due to aggressive price reductions by Tesla (TSLA.O) for new vehicles. "As the market leader pushes down prices for new EVs, used-vehicle prices follow suit," Cox said. On Thursday, Tesla cut prices in the United States between 2% and nearly 6%, the fifth such cut this year. Used EV buyers adjusted gross income may not exceed $75,000 for individuals or $150,000 for joint filers.

☆ Exclusive: China plans $500 million subsea internet cable to rival US-backed project
▼ + stars: | 2023-04-06 | by ( Joe Brock | ) www.reuters.com time to read: +10 min

China's three main carriers – China Telecommunications Corporation (China Telecom), China Mobile Limited and China United Network Communications Group Co Ltd(China Unicom) – are mapping out one of the world’s most advanced and far-reaching subsea cable networks, according to the four people, who have direct knowledge of the plan. They said HMN Tech, which is majority-owned by Shanghai-listed Hengtong Optic-Electric Co Ltd, would receive subsidies from the Chinese state to build the cable. China Mobile, China Telecom, China Unicom, HMN Tech, and Hengtong did not respond to requests for comment. The consortium on the SeaMeWe-6 cable – which originally had included China Mobile, China Telecom, China Unicom and telecom carriers from several other nations – initially picked HMN Tech to build that cable. China Telecom and China Mobile pulled out of the project after SubCom won the contract last year and, along with China Unicom, began planning the EMA cable, the four people involved said.

☆ Exclusive: China plans $500 mln subsea internet cable to rival U.S.-backed project
▼ + stars: | 2023-04-06 | by ( Joe Brock | ) www.reuters.com time to read: +10 min

China's three main carriers – China Telecommunications Corporation (China Telecom), China Mobile Limited and China United Network Communications Group Co Ltd(China Unicom) – are mapping out one of the world’s most advanced and far-reaching subsea cable networks, according to the four people, who have direct knowledge of the plan. They said HMN Tech, which is majority-owned by Shanghai-listed Hengtong Optic-Electric Co Ltd, would receive subsidies from the Chinese state to build the cable. China Mobile, China Telecom, China Unicom, HMN Tech, Hengtong and China’s Foreign Ministry did not respond to requests for comment. The consortium on the SeaMeWe-6 cable – which originally had included China Mobile, China Telecom, China Unicom and telecom carriers from several other nations – initially picked HMN Tech to build that cable. China Telecom and China Mobile pulled out of the project after SubCom won the contract last year and, along with China Unicom, began planning the EMA cable, the four people involved said.

☆ China blasts meeting between Taiwan leader and US House speaker
▼ + stars: | 2023-04-05 | by ( ) www.reuters.com time to read: +1 min

BEIJING, April 6 (Reuters) - China's foreign ministry on Thursday condemned a meeting in California between Taiwan's leader and the U.S. House Speaker as "acts of collusion" and said it would defend its sovereignty, according to the Xinhua news agency. "China firmly opposes and strongly condemns the acts," China's foreign ministry spokesperson said, according to the official state news agency. "In response to the seriously erroneous acts of collusion between the United States and Taiwan, China will take resolute and effective measures to safeguard national sovereignty and territorial integrity." [1/2] Taiwan's President Tsai Ing-wen and the U.S. Speaker of the House Kevin McCarthy hold a news conference following a meeting at the Ronald Reagan Presidential Library, in Simi Valley, California, U.S. April 5, 2023. China claims democratically governed Taiwan as its own territory, a position the government in Taipei strongly contests.

☆ MLB roundup: Padres go back-to-back in 9th, edge D-backs
▼ + stars: | 2023-04-04 | by ( ) www.reuters.com time to read: +11 min

The A's were down 10-8 when Seth Brown followed a walk to Aledmys Diaz with a two-run homer off Guardians closer Emmanuel Clase in the last of the ninth. Angels 7, Mariners 3Shohei Ohtani and Taylor Ward hit two-run homers as Los Angeles defeated host Seattle. Yankees 8, Phillies 1Anthony Rizzo ignited a five-run fifth inning with a two-run homer, and host New York cruised to victory over Philadelphia. His counterpart, Jose Berrios (0-1), allowed eight runs, nine hits and two walks while striking out seven in 5 2/3 innings. Ozzie Albies hit a two-run homer and Austin Riley had a solo shot for the Braves, who have won three of four games to start the season.

☆ Analysis: Saudi crown prince acts to realign Mideast dynamics amid concern over US support
▼ + stars: | 2023-04-03 | by ( Aziz El Yaakoubi | ) www.reuters.com time to read: +7 min

"Saudi Arabia is moving from disengagement towards engagement to allow it to focus on pushing ahead on Vision 2030," said Saudi analyst Abdulaziz Sager. A Saudi official said the United States and China are both very important partners for Riyadh. Washington and Riyadh are working on addressing common security challenges, he said. "The Saudis don’t want to be in a shooting war between Iran and the United States. Shadi Hamid of the Brookings Institution in Washington said Saudi Arabia's view that the U.S. is increasingly disengaged from the region is not entirely wrong.

☆ Analysis: Russia's arrest of reporter deepens Biden's detainee challenge
▼ + stars: | 2023-04-03 | by ( Simon Lewis | ) www.reuters.com time to read: +7 min

[1/4] Reporter for U.S. newspaper The Wall Street Journal Evan Gershkovich, detained on suspicion of espionage, leaves a court building in Moscow, Russia March 30, 2023. State Department spokesperson Vedant Patel said in a news briefing on Thursday the Whelan and Gershkovich cases should not be compared. Russia's security service has, without providing evidence, accused Gershkovich of gathering information classified as a state secret about a military factory. Biden on Friday called on Russia to release Gershkovich. The Biden administration has secured the release of at least 25 "wrongfully detained" Americans.

☆ China urges Japan not to back U.S. chip export restrictions as Washington tries to rally allies
▼ + stars: | 2023-04-03 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Washington has been trying to convince allies to back its chip export restrictions to China. Chinese Foreign Minister Qin Gang urged Japan not to support U.S. curbs on China's semiconductor industry, as Washington continues to try to rally nations behind its chip export restrictions. Japan on Friday announced export restrictions on 23 types of semiconductor manufacturing equipment, but did not specifically name China. While these countries have put some export restrictions in place, they are still trying to maintain trade ties with China. Japan, whose biggest trading partner is China, has maintained that its chip export curtailments are not aimed at any specific country.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy cities are filling up with luxury apartmentsAn apartment building boom is unfolding in the U.S. This is a welcome signal as many cities remain stuck in a housing shortage. The shortfall in home supply has pushed many people into budget-stretching rents. Many of the new multifamily structures feature "luxury" amenities, such as pools and easy access to transportation. Washington policymakers are now attempting to address regulations that slow the pace of homebuilding, in an attempt to resolve rent inflation concerns.

☆ Japan to restrict chipmaking equipment exports as it aligns with U.S. China curbs
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +3 min

It did not specify China as the target of those measures, saying equipment makers will need to seek export permission for all regions. Japan and the Netherlands in January agreed join the U.S. in restrict chipmaking equipment exports to China that could be used to manufacture sub-14 nanometre chips, but did not announce the pact to avoid provoking Beijing, sources earlier said. A nanometre, or one-billionth of a meter, refers to a specific semiconductor industry technology, with fewer nanometres generally meaning the chip is more advanced. The Netherlands' government in a letter to the country's parliament this month also said it plans to restrict chipmaking equipment exports. China, which has accused the U.S. of being a "tech hegemony" because of its export restrictions, urged the Netherlands "not to follow export control measure by certain countries".

☆ Japan to restrict chipmaking equipment exports, aligning it with U.S. China curbs
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +2 min

TOKYO, March 31 (Reuters) - Japan's government on Friday said it plans to restrict exports of 23 types of semiconductor manufacturing equipment, aligning it with a U.S. push to curb China's ability to make advanced chips. It did not specify China as the target of those measures, saying equipment makers will need to seek export permission for all regions. The Netherlands' government in a letter to the country's parliament this month also said it plans to restrict chipmaking equipment exports. Japan and the Netherlands in January agreed join the U.S. in restrict chipmaking equipment exports to China, sources earlier said, although Tokyo has never publicly acknowledged that there was an agreement. China has accused the U.S. of being a "tech hegemony" because of its export restrictions.

REUTERS/Nacho DoceTOKYO/SEOUL, March 31 (Reuters) - South Korea's Samsung Electronics Co Ltd (005930.KS) is considering setting up a chip test line in Japan, five people said, to bolster its advanced packaging business and forge closer ties with Japanese makers of semiconductor equipment and materials. It would be the first such test line in Japan for Samsung, the world's largest maker of memory chips. Companies are racing to develop advanced packaging techniques, which involve placing chips with different functions into a single package, to enhance overall capabilities and limit the added cost of more advanced chips. The test line would involve the so-called back-end process of chipmaking, according to the five people, which refers to a process in which semiconductors are cut and assembled into products. Samsung last year set up an advanced packaging team in South Korea.

☆ Japan to restrict chipmaking equipment exports as it aligns with U.S.
▼ + stars: | 2023-03-31 | by ( ) www.cnbc.com time to read: +1 min

Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012. Japan's government on Friday said it plans to restrict exports of 23 types of semiconductor manufacturing equipment, aligning its technology trade controls with a U.S. push to curb China's ability to make advanced chips. The trade and industry minister in a press release said it will impose export controls on six categories of equipment used in chip manufacturing, including cleaning, deposition, lithography and etching. The export restrictions, which will come into force in July, are likely to affect equipment manufactured by a dozen Japanese companies, such as Nikon , Tokyo Electron , Screen Holdings and Advantest . Washington, however, needs Japan and the Netherlands, which are key suppliers of such equipment, to join it to make those restrictions effective.

☆ This California city is the most popular with millennial homebuyers in the U.S.
▼ + stars: | 2023-03-30 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

San Jose, California is perfectly placed for millennials since it's close to San Francisco and Silicon Valley. 10 most popular U.S. cities for millennial homebuyersSan Jose, Calif. Denver, Colo. Boston, Mass. Seattle, Wash. Austin, Texas San Francisco, Calif. New York, N.Y. San Diego, Calif. Los Angeles, Calif. Washington, D.C. In San Jose, which topped the list, 63.57% of mortgages were offered to millennials. San Jose is ideally placed for millennials since it's close to San Francisco and Silicon Valley.

☆ Riyadh joins Shanghai Cooperation Organization as ties with Beijing grow
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +2 min

RIYADH, March 29 (Reuters) - Saudi Arabia's cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as Riyadh builds a long-term partnership with China despite U.S. security concerns. Saudi Arabia has approved a memorandum on granting the kingdom the status of a dialogue partner in the Shanghai Cooperation Organization (SCO), state news agency SPA said. Joining the SCO was discussed during a visit by Chinese President Xi Jinping to Saudi Arabia last December, sources have told Reuters. Dialogue partner status will be a first step within the organisation before granting the kingdom full membership in the mid-term, they said. Riyadh's growing ties with Beijing have raised security concerns in Washington, its traditional ally.

☆ U.S.-China relations are going downhill with ‘no trust’ on either side, Stephen Roach says
▼ + stars: | 2023-03-28 | by ( Sumathi Bala | ) www.cnbc.com time to read: +5 min

US President Joe Biden and China's President Xi Jinping (L) shake hands as they meet on the sidelines of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali on November 14, 2022. "Right now, there is no trust," he told "Squawk Box Asia" on Tuesday, who is currently attending the China Development Forum in Beijing. watch now"The balloon was a spark that really put us on a swift downhill descent," Roach added. The office did not provide details of her itinerary while in the U.S. On Taiwan, China has repeatedly said the issue is an internal affair. Every single Taiwan president in recent memory has done this," White House National Security Council spokesman John Kirby, said at a press briefing last week.

☆ Russia says it intercepted GLSDB smart bomb in Ukraine for first time
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +1 min

March 28 (Reuters) - Russia said on Tuesday it had shot down a U.S.-supplied GLSDB guided smart bomb fired by Ukrainian forces, the first time Moscow has claimed to have intercepted one of the weapons that could double Ukraine's battlefield firing range. Ukraine had long sought the weapons to hit Russian command centres, supply lines and other targets deep behind the front line. The Russian statement said air defence forces had shot down the GLSDB within the last 24 hours, without saying where this had taken place. Widespread deployment of the GLSDB could put far more of Russia's supply lines in eastern Ukraine within striking distance, and force Moscow to move its supplies and ammunition depots further from the front lines. Independent defence experts already credit the delivery of HIMARS to Ukraine last year as helping turn the tide of the war after Russia's initial attempt at a blitzkrieg invasion failed.

☆ US slaps trade curbs on 5 Chinese firms over alleged role in Uyghur repression
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, March 28 (Reuters) - The Biden administration on Tuesday imposed new trade restrictions on five Chinese companies for allegedly aiding in Beijing's repression of the Uyghur Muslim minority group. According to Hikvision's 2021 half-year report, at least four of the companies facing new curbs belong to the Chinese surveillance camera maker including Luopu Haishi Dingxin Electronic Technology Co, Moyu Haishi Electronic Technology Co, Pishan Haishi Yong'an Electronic Technology Co and Urumqi Haishi Xin'an Electronic Technology Co.Yutian Haishi Meitian Electronic Technology Co Ltd was also added. Being added to the entity list means U.S. suppliers must get a special and difficult-to-obtain license before shipping goods to the targeted companies. Washington has increasingly used the entity list to target Chinese firms. Reporting by Alexandra Alper, David Shepardson, and Karen Freifeld; Editing by Franklin Paul and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

☆ Biden FAA nominee who withdrew cites 'cheap and unfounded partisan attacks'
▼ + stars: | 2023-03-27 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, March 27 (Reuters) - President Joe Biden's nominee to head the Federal Aviation Administration (FAA) who withdrew from consideration said on Monday he did not see a path forward for winning approval. Denver International Airport CEO Phil Washington said in a statement that he had written to Biden on Friday to withdraw. "I no longer saw a respectful, civil, and viable path forward to Senate confirmation," Washington said on Monday. "I faced cheap and unfounded partisan attacks and procedural obstruction with regard to my military career that would have further lengthened the already delayed confirmation process." Senator Kyrsten Sinema, an Independent, said on Monday: "The administration should quickly nominate a permanent FAA administrator with the necessary, substantial aviation safety experience and expertise."

☆ Washington Judges Redefine Income
▼ + stars: | 2023-03-27 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Public unions and progressives have tried for years to overturn Washington State’s ban on income taxes. And on Friday they finally succeeded as the state Supreme Court upheld a new 7% tax on capital gains. Washingtonians can look forward to a future of higher taxes on property and investment. Washington has a provision in its state constitution requiring uniform taxes on property. Decades of precedent in the Washington courts have defined income as property, thereby preventing lawmakers from imposing income taxes without amending their constitution.

☆ Exclusive: Biden nominee to head FAA withdraws after Republican criticism
▼ + stars: | 2023-03-26 | by ( David Shepardson | ) www.reuters.com time to read: +4 min

WASHINGTON, March 25 (Reuters) - U.S. President Joe Biden's nominee to head the Federal Aviation Administration (FAA) is withdrawing his nomination after Republican criticism that he was not qualified to serve as the top aviation regulator. Last year, Biden nominated Denver International Airport CEO Phil Washington to serve as FAA administrator. A White House official had earlier told Reuters "politics must not hold up confirming an administrator to lead the FAA, and we will move expeditiously to nominate a new candidate for FAA administrator." Some industry officials think the White House could name acting FAA Administrator Billy Nolen as a new nominee. Nolen, who was named head of the FAA's aviation safety office, has been the acting FAA administrator since April 2022 and has received backing from many Republicans in Congress.

☆ Exclusive: Biden nominee to head FAA withdraws after Republican attacks
▼ + stars: | 2023-03-26 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Last year, Biden nominated Denver International Airport CEO Phil Washington to serve as FAA administrator. One of the sources, a White House official, told Reuters that "an onslaught of unfounded Republican attacks on Mr. Washington’s service and experience irresponsibly delayed this process, threatened unnecessary procedural hurdles on the Senate floor, and ultimately have led him to withdraw his nomination today." The White House official added "politics must not hold up confirming an Administrator to lead the FAA, and we will move expeditiously to nominate a new candidate for FAA Administrator." Some industry official think the White House could name acting FAA Administrator Billy Nolen as a new nominee. Nolen, who was named head of the FAA's aviation safety office, has been the acting FAA administrator since April 2022 and has garnered wide support from Republicans in Congress.

☆ Biden’s pick to lead FAA withdraws amid shaky Senate support
▼ + stars: | 2023-03-26 | by ( ) www.cnbc.com time to read: +4 min

Phillip A. Washington speaks at a nomination hearing with the Senate Commerce, Science and Transportation Committee on Capitol Hill on March 01, 2023 in Washington, DC. Democrats and allied independents still might have pushed the nomination through, but key senators on their side balked at supporting Biden's pick. "The FAA needs a confirmed Administrator, and Phil Washington's transportation & military experience made him an excellent nominee," Buttigieg tweeted Saturday night. He has strong ties to the administration, however — he led Biden's 2020 transition team for the Transportation Department, which includes the FAA. "Given the significant challenges facing the FAA, this wasn't the time for an administrator who needed on-the-job training," he said.

☆ NBA roundup: Warriors withstand Joel Embiid's 46-point game
▼ + stars: | 2023-03-25 | by ( ) www.reuters.com time to read: +7 min

[1/5] Mar 24, 2023; San Francisco, California, USA; Golden State Warriors guard Stephen Curry (30) dribbles the basketball against the Philadelphia 76ers in the fourth quarter at Chase Center. A 23-9 run in the first 5:59 out of the locker room quickly flipped the game in the Kings' favor. Booker finished with 32 points, 14 in the fourth quarter, and Ross' 30 points marked a season high. Italian rookie Simone Fontecchio led Utah with 26 points, while Kelly Olynyk chipped in with 16 points and seven rebounds. Haliburton and Myles Turner each scored 20 points to lead Indiana, which trailed by 29 in the fourth quarter.

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