Saudi Arabia drops $5 billion in Turkey’s central bank to help its struggling economy

Saudi Arabia agreed to deposit $5 billion into Turkey’s central bank through its Saudi Fund for Development, the fund said in a statement Monday. The decision is “a demonstration of the Kingdom of Saudi Arabia’s commitment to supporting Turkey’s efforts … Read More

Factbox: Chinese chipmaking equipment manufacturers filling void left by U.S. export restrictions

posted in: Breaking News, News, World News

SHANGHAI, March 6 (Reuters) – The United States is working to expand its restrictions on the export of chipmaking equipment to China by securing cooperation with the Netherlands and Japan, forcing Chinese chipmakers to turn to domestic suppliers such as those listed … Read More

China takes ‘stunning lead’ in key technological research, think tank says

From artificial intelligence to robotics, China is beating Western democracies in research output on 37 out of 44 technological areas deemed critical for economic growth and military power over the coming decades, the Australian Strategic Policy Institute (ASPI) said in … Read More

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