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Stark’s putt on the 17th put Europe ahead, then Grant clinched the win by sinking hers on the 18th. Stark and Grant, good friends off the course as well, had made their Solheim Cup debuts with a loss in the opening foursomes on Friday. The Europeans rallied in the fourball matches in the afternoon to cut the lead to 5-3 going into the weekend. France's Boutier, the top-ranked European who was playing some of the best golf ahead of the Solheim Cup, remains winless. “We got a few down going into the back nine and just stayed positive.”Spain is hosting the Solheim Cup for the first time, 26 years after it hosted the men’s Ryder Cup at Valderrama.

Persons: Maja Stark, Linn Grant, Stark, Grant, Danielle Kang, Andrea Lee, Carlota Ciganda, Emily Pedersen, Jennifer Kupcho, Lilia Vu, ”, Pedersen, Nelly Korda, Allisen Corpuz, Celine Boutier, Korda, France's Boutier, Lexi Thompson, Megan Khang, Leona Maguire, Anna Nordqvist, Nordqvist, “, ” Thompson, Ryder Organizations: —, Solheim, U.S, Denmark, Finca, Women's, Georgia, Valderrama Locations: Spain, Europe, United States, U.S, Rome

☆ Solheim Cup: Emily Pedersen hits incredible hole-in-one, but Team USA leads Team Europe after Day One
▼ + stars: | 2023-09-22 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Emily Pedersen made a stunning hole-in-one for Team Europe on a thrilling opening day of the Solheim Cup, but it wasn’t enough to prevent Team USA taking a 5-3 lead going into day two. Emily Pedersen produced the shot of the day. Angel Martinez/Getty ImagesThere was some late drama on the 18th as Leona Maguire produced a delightful chip-in to snatch a point for Team Europe alongside Georgia Hall, beating the American pairing of Lexi Thompson and Lilia Vu. Angel Martinez/Getty ImagesBut on a day that certainly wasn’t lacking in spectacular shots, it was Pedersen’s hole-in-one – only the second in Solheim Cup history – that became the standout moment. That shot and the rest of the afternoon fourballs were just the tonic Team Europe needed after a difficult morning.

Persons: Emily Pedersen, Maja Stark, Allisen Corpuz, Jennifer Kupcho, Angel Martinez, Leona Maguire, Lexi Thompson, Lilia Vu, ” Maguire, we’ll Organizations: CNN, Team Europe, Solheim, Team USA, USA, Georgia Hall, Sky Sports, ” Locations: Europe, Málaga, Spain, Georgia

☆ Providers struggle to get latest Covid shots into arms amid early supply issues
▼ + stars: | 2023-09-21 | by ( Angelica Peebles | In Angelicapeebles | ) www.cnbc.com time to read: +3 min

Some are being told they need to pay more than $100 out of pocket because their insurance provider isn't covering the shots yet. Most Walgreens stores have enough supply for existing appointments and more slots are being made available as the shots come in, a spokesperson said. Previously, the government purchased the shots and distributed them to pharmacies, doctor's offices and other providers. That leaves pharmacies like his fielding calls and explaining they can't administer shots yet if they wanted to. A notice on Walgreens' website said appointments for children under 12 years old won't start until Friday, Sept. 29.

Persons: Cencora, McKesson, Health —, Nate Rockers, they're, Theresa Tolle, Tolle, it's, they'll Organizations: Walgreens, Moderna, Pfizer, Health, Rockers Pharmacy, Pharmacy, Rockers, CVS, Walmart Locations: Paola , Kansas, Sebastian , Florida

☆ Seaweed recipes: from traditional Asian to new Western dishes
▼ + stars: | 2023-09-21 | by ( Callum Sutherland | ) edition.cnn.com time to read: +6 min

And because growing seaweed doesn’t need land or require irrigation, it could be more sustainable than traditional agriculture. Seaweed jamIf you’re looking to take your breakfast ideas in a new direction, then seaweed could be the way to go. But seaweed soup isn’t only consumed in Asia. In cooperation with Guernsey Dairy, the UK-based Seaweed Food Company has experimented with using algae in dairy products. She believes that these inventive dishes will bust people’s misconceptions of seaweed as “slimy and a bit smelly.”

Persons: Fabrice Picard, Chef Jun Lee, ”, Lee, “ It’s, Prannie Rhatigan, Rhatigan, Smoothies Rhatigan, ” Thongweed, Mark Kirkland, Naomi Tustin, we’ve Organizations: CNN, Agriculture Organization, UN, Agence VU, Michelin, Guernsey Dairy, Food Locations: Asia, Seoul, of Coll, Scotland, Guernsey, Tustin

☆ Manchester United lurches from crisis to crisis. Will the club ever break out of its destructive cycle?
▼ + stars: | 2023-09-20 | by ( Matias Grez | ) edition.cnn.com time to read: +9 min

Roberto De Zerbi’s side is everything this United team is not at the moment: exciting, slick, cohesive, fast-paced and inventive. But perhaps the worst part of the defeat for United fans is that it wasn’t all that surprising. Boos rang out around Old Trafford at the end of the match – even when new signing Rasmus Højlund was substituted for Anthony Martial after 64 minutes. “We have to be very disappointed and annoyed at ourselves,” ten Hag told reporters. Former United striker Danny Welbeck came back to haunt his old club on Saturday.

Persons: CNN —, Erik, Roberto De Zerbi’s, Rasmus Højlund, Anthony Martial, Hag, “, Lewis Storey, Andy Mitten doesn’t, Erik ten Hag, ”, Erik ten, ” Mitten, Old Trafford, he’s, United’s, Antony –, Jadon Sancho, Danny Welbeck, Todd Boehly, Sancho, Sancho’s, Mason Greenwood’s, Antony, Glazer, Jim Ratcliffe, Jassim Bin Hamad Al, Michael Regan, Gary Neville, ” Neville, Jamie Carrager, Neville, Alex Ferguson, Martin Edwards, League’s, Alan Shearer, Mike Ashley’s, ” Shearer, Harry Kane Organizations: CNN, Manchester United –, Seagulls, United, Premier League, Brighton, Ajax, Arsenal, Athletic, Sky Sports, League, FA, Champions League, Man, Old, Manchester United, Former United, Getty, England, Getafe, Getty Images Manchester United, Newcastle, BBC’s, Bayern Munich, Bayern, Tottenham Hotspur Locations: Brighton, Old Trafford, Forest, Old, Jassim Bin Hamad Al Thani, Liverpool

The Viking Star cruise ship is moored at Greenwich with the City of London financial district in the distance, in London, Britain, August 29, 2023. It is absolutely the time for action over words," Alasdair Haynes, CEO of Aquis Exchange, a share trading platform, and chair of financial industry body TheCityUK's Business Council, told Reuters. The main problem for trade bodies is the vast scope of Britain's financial services industry, with each sub-sector and TheCityUK presenting their own reform priorities and ideas, often overlapping. In the meantime, top financial sector executives running global teams of bankers and traders are increasingly bewildered by Britain's inability to make faster progress on a matter of such economic significance. ELECTION LOOMINGSome senior financial industry sources say politics may hamper the City's reform agenda even further, with a general election expected next year.

Persons: Kevin Coombs, Alasdair Haynes, Jeremy Hunt, Nicholas Lyons, TheCityUK, ” Samuel Gregg, Richard Gardner, Huw Jones, Sinead Cruise, Hugh Lawson Organizations: Viking, City, REUTERS, London’s, Mayor, European Union, Aquis, Business, Reuters, Finance, stoke, of, Arm Holdings, Labour, Conservative, American Institute for Economic Research, Investment Funds Association, EU, Thomson Locations: Greenwich, London, Britain, Europe, Asia, United States, Edinburgh, of London, New York, Amsterdam, City, France

☆ Vietnam PM courts U.S. companies, seeks investment in chip sector
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +2 min

[1/2] Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. Chinh pledged to facilitate future investments by Nvidia and Synopsys in Vietnam, the statement said. The statement quoted Nvidia CEO Jensen Huang as telling Chinh that "Nvidia wants to cooperate with Vietnam in semiconductor, information technology and artificial intelligence." Synopsys, which has plans to build chip design centres in Vietnam, on Monday signed memorandums of understanding with Vietnam's information ministry and with the investment ministry. Nvidia, a top supplier of servers to Vietnam, and Synopsys did not immediately respond to Reuters requests for comment.

Persons: Florence Lo, Pham Minh Chinh, Joe Biden, Chinh, Jensen Huang, Synopsys, Amkor, Khanh Vu, Edwina Gibbs Organizations: REUTERS, Rights, Nvidia, U.S, Synopsys, Monday, Intel, United Nations General Assembly, Thomson Locations: Rights HANOI, Vietnam, San Francisco, United States, Hanoi, Chinh, U.S, Brazil

☆ Americans are less than 2 weeks away from a federal government shutdown, and Congress still can't agree on the best way to avoid it
▼ + stars: | 2023-09-18 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

A federal government shutdown could happen in 13 days. But the Senate, and some House lawmakers, aren't onboard. The last government shutdown lasted for 35 days — the longest in US history — between December 22, 2018, and January 25, 2019. Still, the government is 13 days away from shutting down and it's unlikely the Senate will approve this resolution. AdvertisementAdvertisement"It's crystal clear a Gov't shutdown is coming," GOP Rep. Tony Gonzales wrote on X, formerly Twitter, on Sunday.

Persons: Goldman Sachs, Kevin McCarthy, Tony Gonzales, Biden, holdouts, Joe Biden —, GOP Sen, Mike Braun Organizations: Conservative, Service, Caucus, Main Street Caucus, Republicans, GOP, Management, SNAP, Social Security, OMB, Senate, Politico Locations: Wall, Silicon, Texas, Mexico

☆ Ig Nobel prizes go to research into nose hairs, dead spiders and licking rocks
▼ + stars: | 2023-09-15 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +4 min

The scientists who researched these questions are among the winners of this year’s Ig Nobel Prizes – an accolade that has no affiliation to the Nobel Prizes – which aim to “celebrate the unusual, honor the imaginative and spur people’s interest in science, medicine, and technology.”Rice University graduate student Faye Yap with a dead wolf spider for use as a necrobotic gripper. Brandon Martin/Rice UniversityThe Ig Nobel Prize’s 33rd ceremony took place virtually on Thursday night, with prizes awarded by “genuine, genuinely bemused” Nobel laureates over Zoom. Geologist Jan Zalasiewicz won the coveted Chemistry and Geology Prize for his research into why many scientists like to lick rocks. The Medicine Prize was awarded for research into how many nose hairs are in each of a person’s nostrils. The researchers will have the opportunity to meet one another at a companion Ig Nobel Face-to-Face event in Cambridge, Massachusetts in November.

Persons: Faye Yap, Brandon Martin, Jan Zalasiewicz, Zalasiewicz, ”, urologist Seung, Homei, Hiromi Nakamura, Stanley Milgram, Leonard Bickman, Lawrence Berkowitz Organizations: London CNN, ” Rice University, Rice University, Ig, Zimbabwe, Rice University in Texas, Mechanical, Communication, Public Locations: United States, United Kingdom, China, Cambridge , Massachusetts

FLORHAM PARK, N.J. (AP) — Zach Wilson was in the middle of the locker room Thursday talking about taking over for the injured Aaron Rodgers when a teammate shouted and made the New York Jets quarterback grin. Wilson struggled mightily during his first two NFL seasons and his confidence took a massive hit, and so did his popularity in the locker room. The way he’s carrying himself around the locker room, around the building is awesome.”Wilson feels it in himself, too. Many Jets fans remain skeptical Wilson has made significant enough progress to step in for a team that had Super Bowl hopes with Rodgers. The Jets want Wilson to play free, knowing the team is his — again — and he doesn't need to look over his shoulder.

Persons: — Zach Wilson, Aaron Rodgers, “ Zach, bro, Wilson, mightily, Rodgers, Zach, “, ” Wilson, —, ”, Nathaniel Hackett, Jeff Ulbrich, ” Ulbrich, they're, Connor McGovern, You’ve, he’s, they’ve, I’ve, Hackett, Robert Saleh, it’s, I've, ” Hackett, “ There’s, There’s, Saleh, Tim Boyle, you’re Organizations: New York Jets, NFL, Jets, New York, Buffalo, Rodgers, Bills, Cowboys Locations: FLORHAM, N.J, New, Zach, “, Dallas

☆ Pennsylvania Fugitive’s Escape Is Haunting Déjà Vu for One Brazil Family
▼ + stars: | 2023-09-13 | by ( Luciana Magalhaes | Joseph De Avila | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/americas/pennsylvania-fugitives-escape-is-haunting-deja-vu-for-one-brazil-family-59e62cd0

Persons: Dow Jones Locations: americas, pennsylvania, brazil

☆ Fire at Vietnam apartment block kills 30 — state media
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: +1 min

Firefighters work to put out a fire and rescue people at an apartment block in Hanoi on September 13, 2023. At least 30 people have been killed in a fire at an apartment block in Vietnam's capital Hanoi, among them children, local media reported on Wednesday, citing the city's police. Contacted by Reuters, an officer with Hanoi police said the number of victims had yet to be finalised and declined to provide details. State-run Dan Tri and Saigon Giai Phong put the death toll at 30, citing Hanoi police. Several of the victims were admitted to local hospitals with multiple injuries after having jumped from their windows to escape the fire, state media said, citing Vu Hoang Phuong of Hanoi Medical University Hospital.

Persons: Dan, Phong, Hoang, Pham Minh Chinh Organizations: Vietnam News Agency, Reuters, Hanoi police, Police, Hanoi Medical University Hospital . Locations: Hanoi, Saigon

☆ VietJet to take delivery of up to 12 Boeing 737 MAX jets next year
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: 1 min

An aircraft of the national flag carrier Vietnam Airlines taxis behind a Vietjet aircraft at Noi Bai airport in Hanoi, Vietnam December 23, 2020. REUTERS/Kham/File Photo Acquire Licensing RightsHANOI, Sept 12 (Reuters) - Vietnam's VietJet said on Tuesday it will take delivery of up to 12 737 MAX jets next year, out of 200 planes it has ordered with Boeing. The first batch of the jets will be delivered to its unit in Thailand, Thai VietJet, the company said in a statement, following a meeting between its chairwoman Nguyen Thi Phuong Thao and Boeing Global President Brendan Nelson in Hanoi. On Monday, VietJet signed a memorandum of understanding with Carlyle Aviation Partners for pre-delivery payment financing facility worth up to $550 million to fund its 737 MAX aircraft purchases, it said. Reporting by Khanh VuOur Standards: The Thomson Reuters Trust Principles.

Persons: Vietnam's VietJet, Nguyen Thi Phuong Thao, Brendan Nelson, VietJet, Khanh Vu Organizations: Vietnam Airlines, REUTERS, Rights, MAX, Boeing, Boeing Global, Carlyle Aviation Partners, Thomson Locations: Noi Bai, Hanoi, Vietnam, Rights HANOI, Thailand, Thai

☆ How to Navigate Apple’s Shift From Lightning to USB-C
▼ + stars: | 2023-09-12 | by ( Brian X. Chen | More About Brian X. Chen | ) www.nytimes.com time to read: +1 min

The iPhone 15 (technically, the 17th iteration of the iconic Apple phone) has arrived with a big change that is sure to annoy many of us. To comply with recent European regulations, the iPhone 15, unveiled Tuesday, will abandon the Lightning connector that has been the method for charging iPhones for 11 years. In its place will be a different oval-shaped connector: USB-C.For the average tech user, change isn’t fun. They will have to replace those with new products that use USB-C connectors to plug into the new iPhones. In 2012, Apple killed the relatively bulky 30-pin connector on iPhones to switch to Lightning, a slimmer and faster charging technology, which rendered many speakers and chargers obsolete.

Organizations: Apple

☆ US Says Hanoi Ties Upgrade Is Not a 'Cold War' Move Against China
▼ + stars: | 2023-09-12 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

HANOI (Reuters) - The United States' move to upgrade relation with Hanoi is not a Cold War move against China, a U.S. National Security Council official said on Wednesday. Vietnam and the United States on Sunday upgraded their relationship to the highest diplomatic status during a visit to Hanoi by U.S. President Joe Biden. On Monday, Chinese foreign ministry spokesperson Mao Ning called on the U.S. to "abandon hegemony and Cold War thinking," in her response to the Vietnam-U.S. relation upgrade. "We demand that the United States, when dealing with relations with Asian countries, must respect the common aspiration of regional countries for stability, cooperation, and development, abide by the basic norms of international relations," Ning said. Vietnam and China have for years been embroiled in a dispute over the potentially energy-rich stretch of water, called the East Sea by Vietnam.

Persons: Mira Rapp, Hooper, Joe Biden, Mao Ning, Ning, Rapp, Khanh Vu, Francesco Guarascio, Lincoln Organizations: United, U.S . National Security, National Security, Sunday Locations: HANOI, United States, Hanoi, China, U.S, Vietnam, Sea

☆ Global Regulation of Essential Medicines Is a Dangerous Mess - The New York Times
▼ + stars: | 2023-09-11 | by ( Vidya Krishnan | ) www.nytimes.com time to read: +3 min

has not released more recent numbers, and there is limited data on exactly how much of this comes from India. The global drug supply system is a vast and complex network. As of 2021, India manufactured 62 percent of the raw materials for drugs, known as active pharmaceutical ingredients. in 2001 set up a groundbreaking program to monitor safety and quality, called the Prequalification of Medicines Program or P.Q.P., which set global standards for H.I.V. The program is one of those unsung policies that keep the global health structure ticking.

Persons: —, Cipla Organizations: World Health Organization, Medicines Program Locations: India, China, United States, Europe, Sri Lanka, Gambia, Africa —, Saharan Africa, Indian

☆ Jamila Woods’s Songs Have Many Loves
▼ + stars: | 2023-09-11 | by ( Lindsay Zoladz | ) www.nytimes.com time to read: +3 min

Most people first heard Woods’s voice — warm, heartfelt and sincere — when she was featured on gospel-tinged tracks by Chance the Rapper (“Blessings”) and Segal (“Sunday Candy”). Each song took the name of a different pioneer: “Zora,” “Miles,” “Octavia.”That’s not to say there wasn’t any Jamila in them. “With ‘Legacy!,’ there’s a lot of songs where I was actually writing a lot about myself, but I’m like, ‘I’ll call it ‘Sonia!’” she said and laughed. “Water Made Us,” which she considers her most personal and vulnerable album to date, found her “shedding” armor. I don’t need to put that layer on top of it anymore.”“Water Made Us” is all about Woods’s own search for love.

Persons: Woods, Chance, Segal, Candy ”, “, ”, Tubman ”, Zora, ” “ Miles, ” “ Octavia, ” That’s, Sonia, ’ ”, ‘, It’s, Said it’s

☆ US, Vietnam to Elevate Ties During Biden Visit, With Eye on China
▼ + stars: | 2023-09-09 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +3 min

The visit comes as trade and investment ties between the two nations are growing and a long-simmering territorial dispute between Vietnam and China heats up in the South China Sea. Vietnam has named four other countries "comprehensive strategic partners," the designation expected for the U.S.: China, Russia, India and South Korea. Biden's visit comes nearly 50 years after the end of the deeply unpopular Vietnam War between the Soviet-backed Communist government of North Vietnam and South Vietnam’s U.S.-backed regime. "For decades, the US and Vietnam have worked to overcome a painful shared legacy of the Vietnam War, working hand in hand to promote reconciliation, with our service members and our veterans lighting the way," he said. Washington has been pushing to elevate ties with Hanoi to a "strategic" partnership from one that for the past decade has been called "comprehensive."

Persons: Nandita Bose, Francesco Guarascio, Joe Biden, Biden, Nguyen Phu Trong, Antony Blinken, Jake Sullivan, Khanh Vu, Heather Timmons, Chizu Organizations: Francesco Guarascio NEW, Sunday, Communist Party General, Party, U.S ., Google, Intel, Marvell, GlobalFoundries, Boeing, U.S, Communist Locations: Francesco Guarascio NEW DELHI, HANOI, United, China, Asia, Vietnam, South China, Russia, India, South Korea, Hanoi, U.S, Soviet, North Vietnam, South Vietnam’s U.S, Pacific, US, Washington, Czech Republic

Persons: Joe Biden, Evelyn Hockstein, Biden, Nguyen Phu Trong, Antony Blinken, Jake Sullivan, Nandita Bose, Khanh Vu, Francesco Guarascio, Heather Timmons, Chizu Organizations: Global Infrastructure, REUTERS, Sunday, Communist Party General, Party, U.S ., Google, Intel, Marvell, Boeing, U.S, Communist, Thomson Locations: New Delhi, India, DELHI, HANOI, United, China, Asia, Vietnam, South China, Russia, South Korea, Hanoi, U.S, Soviet, North Vietnam, South Vietnam’s U.S, Pacific, US, Washington, Czech Republic

☆ Letitia James wants Trump, sons, and lawyers fined $10K each for repeatedly making losing arguments in her fraud case
▼ + stars: | 2023-09-05 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

NY AG Letitia James asked a Manhattan judge to fine Trump, his sons, and his lawyers $10,000 each. This would penalize Trump's team for wasting everyone's time with failed and "frivolous" arguments, she says. AdvertisementAdvertisement"The attorney general's motion is itself frivolous," Trump attorney Clifford Roberts told Insider Tuesday, declining to comment further. In fighting this proposed preliminary injunction, Trump once again raised some previously-failed arguments, including questioning James' standing and capacity to bring the case. In other financial filings, Trump allegedly lowballed his properties' worth to save on property taxes, the attorney general has said.

Persons: NY AG Letitia James, Trump, Letitia James, Donald Trump, James, Trump's, Clifford Roberts, Arthur Engoron, Engoron, Lawrence Peter, Berra, Donald Trump , Jr, Eric Trump, Allen Weisselberg, Jeffrey McConney, general's Organizations: NY, NY AG, Service, New York, Trump, New, Court, Trump Organization Locations: Manhattan, Wall, Silicon

The run ended with a groundout against Dunning in the fifth. Houston's star second baseman homered twice in the series opener, giving him consecutive multi-homer games for the first time in his career. 9 and leadoff spots twice in the series opener with Mauricio Dubón and Altuve. DEJA VU FOR HISTORYAustin Hedges became the first position player in Texas Rangers history to pitch in consecutive games. The move came a day after Sborz allowed six runs while getting just one out in the 13-6 loss in the series opener.

Persons: — Jose Altuve, Nathan Eovaldi, Altuve, Altuve —, Dane Dunning, Martín Maldonado, Yordan Alvarez, hasn't, Dunning, Richard Hidalgo, Mauricio Dubón, Framber Valdez, José Abreu, Chas McCormick, Eovaldi hadn't, Eovaldi, HISTORY Austin Hedges, Ryne Stanek, Josh Sborz, Sborz, Cy Young, Justin Verlander, Max Scherzer, ___ Organizations: Houston Astros, Texas Rangers, Altuve, Rangers, Astros, Rangers . Texas, AL West, Houston, AL, Tampa Bay, HISTORY Austin Locations: ARLINGTON , Texas, Texas

Fearful of the potential reaction from its much larger neighbour, Vietnam had initially expressed caution about the upgrade. Yet it is unclear what Vietnam, which is at odds with China over boundaries in the South China Sea, stands to gain in the short term from the upgrade. Meanwhile, Vietnam is talking with several other countries to upgrade and expand its mostly Russian-made arsenal, and has recently engaged in multiple high-level defence meetings with top Russian officials. The U.S. may offer more, said Vu Tu Thanh, head of the Vietnam office of the US-ASEAN Business Council. The upgrade of relations is expected to boost U.S. firms' plans in Vietnam.

Persons: Joe Biden, Biden, Xi Jinping, Li Qiang, Hong Hiep, Singapore's, – Yusof, Hiep, Thanh, Francesco Guarascio, Trevor Hunnicutt, Khanh Vu, Lincoln Organizations: Manutronics, REUTERS, Rights, United, Washington, ASEAN Business Council, Energy, Boeing, AES, Thomson Locations: Bac Ninh province, Vietnam, Rights HANOI, Hanoi, China, Washington, Russia, Beijing, South China, U.S, Washington's, Thanh

The boost to formal ties could bring billions of dollars of new private investment and some public funds to Vietnam's semiconductor industry. But industry officials, analysts and investors said that the small pool of trained experts will be a crucial hurdle for the rapid development of the chip industry. There's also a risk of inadequate supply of trained chips software engineers, said Hung Nguyen, senior program manager on supply chains at RMIT University Vietnam. The White House has not specified which segments of the chips industry in Vietnam will be prioritised, but U.S. industry executives have indicated that the back-end is a key growth sector. More private investment could come, especially if a significant share of the $500 million available under the U.S. CHIPS Act for global semiconductor supply chains ends up in Vietnam.

Persons: Joe Biden, Kevin Lamarque, Biden, Thanh, There's, Hung Nguyen, CHINA'S, Amkor, Janet Yellen, Hung, Francesco Guarascio, Steve Holland, Trevor Hunnicutt, Khanh Vu, Phuong, Muralikumar Organizations: U.S . Army, White, REUTERS, Companies, ASEAN Business Council, RMIT University Vietnam, Boston Consulting Group, Reuters, Intel, U.S . Treasury, Marvell, Thomson Locations: Vietnam, Washington , U.S, Hanoi, Washington, Vietnam Vietnam, HANOI, U.S, China, United States, Taiwan, Beijing, The U.S, Malaysia, India, Europe, Phuong Nguyen

China is dominant in magnets and the rare earth metals they are made from. Magnet makers are also drawn to Vietnam by low labour costs and market access afforded by multiple free-trade deals. It said it sources most of its rare earths from China but is seeking alternative sources in Vietnam and Australia and plans to develop a processing facility in Vietnam. A similar request from clients prompted another Chinese magnet maker, Magsound, to decide to open a factory in Vietnam in the first half of next year, the two people said. In April, Australia's Strategic Materials (ASM.AX) signed a deal with a Vietnamese refiner that committed to supplying rare earths for export to South Korea.

Persons: David Merriman, China's Luxshare, Taiwan's Foxconn, Magsound, Japan's Shin, Obayashi, Francesco Guarascio, Khanh Vu, Mai Nguyen, Christopher Cushing Organizations: Apple, Sino, Korea's Star, Industrial, SGI, U.S . Department of Energy, South, Reuters, VinFast, Hyundai, China's, Luxshare, Thomson Locations: China, HANOI, SEOUL, Vietnam, U.S, South Korea, Washington, Beijing, Australia, Hanoi

☆ CNBC Daily Open: Unwelcome déjà vu in U.S. markets
▼ + stars: | 2023-08-21 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Japan's Nikkei 225 added 0.75%, but Hong Kong's Hang Seng Index dropped 1.38%. Beleaguered Chinese real estate company Country Garden will be removed from Hong Kong's index on Sept. 4 and replaced by Sinopharm. It wasn't just U.S. markets that fell — Hong Kong's Hang Seng Index closed in bear market territory Friday.

Persons: Jay Hatfield, Jackson, Sarah Min, Jerome Powell's Organizations: CNBC, Nikkei, Global, Elon, SpaceX, Capital Management Locations: Asia, Pacific, U.S

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