In the News: Microsoft-UAE Deal; Nippon Steel Retreats From Chinese JV; and China Imposes Curbs on Capital Markets

U.S. lawmakers are worried about Microsoft's deal with a UAE-based AI company that has China ties; Nippon Steel ends joint venture with Baoshan; and China tightens regulation on hedge funds and programmed trading.

6 minute readJuly 25, 2024 at 05:27 AM

Clarence Lee

& Krista Lee

In the News: Microsoft-UAE Deal; Nippon Steel Retreats From Chinese JV; and China Imposes Curbs on Capital Markets

Microsoft company offices in Munich, Germany. Credit: Dvoevnore/Adobe Stock

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