Malaysia is unfazed by China, U.S. semiconductor competition, minister says


by CNBC

CNBC— Malaysia appears to be benefitting from U.S.-China trade tensions, which has prompted companies to diversify their semiconductor operations.

Fortune—A U.S. manufacturing renaissance won’t create many good jobs—just look at Germany, S. Korea, China and decades of data, Harvard economist says. "Whether we like it or not, services such as retail, care work, and other personal services will remain the primary engine of job creation."

NBC News—U.S. envoy to U.N. urges Russia and China not to ‘reward’ North Korea’s bad behavior. PANMUNJOM, South Korea — The U.S. ambassador to the United Nations urged Russia and China on Tuesday to reverse course, and stop rewarding North Korea’s bad behavior and blocking U.N. scrutiny of the isolated country’s efforts to evade sanctions over its weapons programs. Ambassador Linda Thomas-Greenfield made the remarks during a visit to the Demilitarized Zone, a heavily fortified border between the two Koreas, which remain technically at war. Her trip to South Korea came after Russia...

The Washington Times—U.S. Navy flies plane through Taiwan Strait a day after U.S.-China defense chiefs hold rare talks. The U.S. 7th Fleet said a Navy P-8A Poseidon flew through the Taiwan Strait on Wednesday, a day after U.S. and Chinese defense chiefs held their first talks since November 2022 in an effort to reduce regional tensions.