China to get Nvidia H200 chips! Trump admin begins licensing process for exports — Why are officials not happy?

China could receive the first shipments of Nvidia’s second-most powerful AI chips, signalling a shift in America’s long-standing restrictions on exports to Beijing.The US government has began a formal licensing process that could pave the way for chip gaint’s Beijing entry, Reuters reported, citing five people familiar with the matter. This comes after US President…

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Japan hikes interest rates to 30-year-high

File photo (Picture credit: AP) TOKYO: The Bank of Japan hiked interest rates to a 30-year high of 0.75 per cent on Friday, the first increase since January, as it said the economy had shown signs of improvement.The unanimous vote to lift the main borrowing rate from 0.5 per cent came hours after official data…

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Out of the Blue, ‘Chip’ stock zooms 55,000% in 20 months

BENGALURU/MUMBAI: RRP Semiconductor, a BSE-listed company, is suddenly distinguishing itself in the global craze for semiconductors. The company stands out as an anomaly in India’s fast-evolving semiconductor narrative-drawing intense attention not for technological breakthroughs or manufacturing scale, but for its stock price surge that has sharply defied conventional valuation logic. Little known until recently, even…

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Japan inflation holds steady ahead of BoJ rate decision

Japan’s inflation rate held steady in November, official data showed Friday ahead of the Bank of Japan’s monetary policy decision which could see central bankers raise interest rates to their highest level in 30 years.The hike would be the first since January and could potentially exacerbate turmoil in debt markets.Yields on Japanese government bonds have…

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Accenture logs 6% revenue rise on AI demand

BENGALURU: Accenture reported revenues of $18.7 billion for the first quarter (Sept-Nov) of the 2026 financial year, marking a 6% increase in dollar terms and 5% growth in local currency. The performance came in at the top end of the company’s guided range of $18.1-18.7 billion, which had implied 1-5% growth in local currency.The performance…

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