Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Octa trading broker
Open trading account
Back

US considers blacklisting China tech firm SMIC – CNBC

US is reportedly mulling imposing controls on China’s state-owned Semiconductor Manufacturing International Corporation (SMIC).

Additional details

The firm is key player in China's effort to boost its domestic semiconductor industry.

Imposing export controls on SMIC would impact US companies that sell chip-making technology to China manufacturers.

The administration’s move is part of a continued effort to put pressure on China’s technology firms.

A Defense Department spokesperson said, “DoD is currently working with the interagency in assessing available information to determine if SMIC’s actions warrant adding them to the Department of Commerce’s Entity List.” 

“We have no relationship with the Chinese military. Any assumptions of the Company’s ties with the Chinese military are untrue statements and false accusations,” SMIC responded.

Market reaction

The above report is likely to add to the risk-off market mood, as the Sino-American tech tensions escalate.

However, the Chinese proxy, the aussie dollar stands resilient, with AUD/USD adding 0.19% to trade near 0.7290, at the press time.

S&P 500 futures turn positive near the 3420 region.

Australia ANZ Job Advertisements declined to 1.6% in August from previous 16.7%

Australia ANZ Job Advertisements declined to 1.6% in August from previous 16.7%
Read more Previous

S&P 500 Futures stay mildly offered above 3,400 amid a quiet Asian session

S&P 500 Futures struggle for a clear direction while taking rounds to 3,420/15 during the early Monday. The risk-barometer portrays the general market
Read more Next