U.S. prosecutors have charged four people with illegally exporting advanced Nvidia AI chips to China, a case that has intensified calls in Washington for tighter tracking of high-end semiconductors. The indictment alleges the defendants—two U.S. citizens and two Chinese nationals—used fake contracts, false paperwork and third-country routing to evade export controls. Info via Reuters. …

Tech official says Taipei willing to share lessons from its world-leading industrial model under trade deal

Asian markets open higher as chipmaker shrugs off bubble concerns

China is considering a fresh round of property-market support measures as the sector’s downturn continues to threaten financial stability, according to people familiar with internal discussions. Policymakers, including the housing ministry, are reviewing proposals such as nationwide mortgage subsidies for first-time buyers, larger income-tax rebates for mortgage holders, and lower transaction costs for home purchases.…

Move caps months-long saga over disclosure of documents related to late sex offender

The White House is urging Congress to reject legislation that would place stricter limits on exports of advanced AI chips—such as those from Nvidia Corp.—to China and other foreign buyers, according to a Bloomberg report. The proposed bill, part of the so-called “GAIN AI” effort and currently under consideration in a defence-spending package, would…

The US government will start buying Bitcoin for its strategic reserve when there is “enough pressure externally,” says crypto entrepreneur Mike Alfred.

Bank of Japan Governor Kazuo Ueda will meet on Wednesday with Finance Minister Satsuki Katayama and Economic Revitalisation Minister Minoru Kiuchi, the Ministry of Finance announced. Katayama is scheduled to brief reporters at around 6:30 p.m. (0930 GMT) following the discussions. The meeting comes just a day after Ueda held talks with Prime Minister Sanae…

Crypto exchange Kraken has raised $800 million across two funding rounds, which boosted its valuation to $20 billion.

Army Secretary Dan Driscoll and chief of staff Gen. Randy George visited Ukraine on an unannounced tri The news comes as the U.S. moves to find a way to speed the end of the war: Axios says the U.S. is secretly drafting new plan to end Ukraine war The duo are slated to meet with…