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Asian news from Washington

Arjun Kharpal - Netherlands takes on U.S. export controls, controlling shipments of some ASML machines - cnbc.com - China - Washington - Netherlands

Netherlands takes on U.S. export controls, controlling shipments of some ASML machines

The Dutch government on Friday announced it is expanding export restrictions on advanced semiconductor manufacturing equipment, bringing licensing requirements of ASML's machines under its purview.

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Kathy Hochul - China’s New York envoy ‘performing his duties as usual’ after Chinese agent case, Beijing’s consulate says - edition.cnn.com - Japan - China - Usa - Hong Kong - Washington - city Beijing - city New York

China’s New York envoy ‘performing his duties as usual’ after Chinese agent case, Beijing’s consulate says

New York/Hong Kong CNN —

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Fumio Kishida - Joe Biden - Yoon Suk - Japan's departing Kishida sends signal to successor with South Korea summit - asiaone.com - Japan - Usa - South Korea - Washington - county White - city Tokyo - city Seoul

Japan's departing Kishida sends signal to successor with South Korea summit

SEOUL/TOKYO/WASHINGTON — When Japan's outgoing Prime Minister Fumio Kishida holds a final summit this week with South Korean President Yoon Suk-yeol, he will be sending a signal of support not only to the neighbouring nation, but his would-be successors as well.

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Nearly 2,000 drug plants are overdue for FDA checks after COVID delays, AP finds - apnews.com - China - Usa - India - Washington

Nearly 2,000 drug plants are overdue for FDA checks after COVID delays, AP finds

WASHINGTON (AP) — Federal regulators responsible for the safety of the U.S. drug supply are still struggling to get back to where they were in 2019, before the COVID-19 pandemic upended factory inspections in the U.S. and across the world, The Associated Press has found.

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Natasha Turak - Saudi Arabia's fiscal breakeven oil price is rising fast. What will the kingdom do about it? - cnbc.com - Canada - China - Washington - Uae - Saudi Arabia - Brazil - Guyana

Saudi Arabia's fiscal breakeven oil price is rising fast. What will the kingdom do about it?

Saudi Arabia has a superpower. Not only is it the largest exporter of crude oil in the world; its production costs for oil projects are also the lowest in the world, at around just $10 per barrel. When around 75% of your fiscal revenue comes from oil, that's a big deal.

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John Kirby - Joe Biden - Karine Jean-Pierre - Reuters - Joe Biden close to blocking Nippon Steel deal to buy US Steel, insiders say - scmp.com - Japan - Usa - Washington

Joe Biden close to blocking Nippon Steel deal to buy US Steel, insiders say

The Biden administration is close to announcing it will block Nippon Steel’s acquisition of US Steel, two sources familiar with the situation said on Wednesday, amid growing bipartisan political opposition to the US$14.9 billion deal.

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Donald Trump - Joe Biden - Spencer Kimball - Kamala Harris - U.S. Steel shares drop more than 15% on report White House preparing to block Nippon Steel takeover - cnbc.com - Japan - Washington - city Pittsburgh

U.S. Steel shares drop more than 15% on report White House preparing to block Nippon Steel takeover

U.S. Steel shares tumbled more than 20% on Wednesday as the White House is reportedly preparing to block the company's planned sale to Japan's Nippon Steel.

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CHRISTOPHER BODEEN - US envoy to Taiwan declares ties ‘rock solid’ amid military threats from China - apnews.com - China - Taiwan - Usa - Washington - Ukraine - city Beijing - city Washington - city Taipei, Taiwan

US envoy to Taiwan declares ties ‘rock solid’ amid military threats from China

TAIPEI, Taiwan (AP) — The top U.S. envoy to Taiwan on Wednesday said American support for the island is “rock-solid, principled, and bipartisan,” and said Washington will continue to follow through on its commitments to ensure the island can defend itself against threats from China.

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