US ban worries cloud China’s hopes for chip self-sufficiency

By Reuters, published by US News Shanghai/Hong Kong – Shares of China’s SMIC <0981.HK> fell by over a fifth today (Sept. 7) after news of potential US sanctions against the chipmaker, wiping about HK$31 billion ($4 billion) off its market value and prompting analysts to predict doom if a ban is implemented. On Friday, Reuters

Read more
Local news

Runaway truck triggers pileup in Chiang Mai

A CEMENT MIXER TRUCK with faulty brakes zoomed down a Chiang Mai road this morning (Sept. 7) and rear-ended a row vehicles parked at the red light setting off chain-reaction crashes but fortunately there were no injuries, Khaosod newspaper reported. The nerve-wracking multiple-vehicle collision occurred at Rin Kham intersection in Chang Phueak subdistrict of Chiang

Read more