Japan to fund $21B deal to expand chip production in New York

The Hill - Oct 14, 2026

Japan is helping fund a $21 billion deal to build two new chip plants in upstate New York, President Trump announced Wednesday. The country will provide $10 billion to speed up construction of a semiconductor fabrication plant from GlobalFoundries that the company aims to bring online by 2029, while another $10 billion will go toward...

Read full article
More News
Canadian musician Joni Mitchell becomes U.S. citizen
Canadian musician Joni Mitchell becomes U.S. citizen
'A journey that began 62 years ago,' Canadian folk legend Joni Mitchell captioned an Instagram post, while holding an American flag.
Oct 14, 2026See more
Hong Kong extends smart fire alarm scheme to another 6,000 old buildings
Hong Kong extends smart fire alarm scheme to another 6,000 old buildings
Hong Kong’s Fire Services Department has extended a scheme allowing property owners to install smart fire alarm systems rather than traditional safety equipment to another 6,000 old buildings, but conceded...
Oct 14, 2026See more
Gas Prices Are Up 34% From a Year Ago, Adding to Inflation Pressures
Gas Prices Are Up 34% From a Year Ago, Adding to Inflation Pressures
Energy prices have surged since the start of war with Iran, lifting inflation in the United States.
Oct 14, 2026See more
Rising Costs Push Necessities Out of Reach for Nearly Half of Americans
Rising Costs Push Necessities Out of Reach for Nearly Half of Americans
Inflation has made basic goods hard to afford and attitudes toward inequality have changed, studies from the Pew Research Center showed.
Oct 14, 2026See more
Inflation rose to 3.7 percent in September: BLS
Inflation rose to 3.7 percent in September: BLS
Inflation rose slightly in September after holding steady the month prior, new data from the Bureau of Labor Statistics (BLS) showed Wednesday. The consumer price index (CPI) increased 0.6...
Oct 14, 2026See more
IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure
IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure
BANGKOK (AP) — The U.S. and other wealthy nations need to urgently tackle mounting global debt levels that are weighing most heavily on low-income countries and straining the global financial...
Oct 14, 2026See more
Exhibition of pioneering Hong Kong school for national talent in early 1940s opens
Exhibition of pioneering Hong Kong school for national talent in early 1940s opens
A new exhibition about a pioneering school that nurtured talent for the country has opened at a Hong Kong history museum as part of the government’s efforts to promote national...
Oct 14, 2026See more
Musk steps back into politics with redefined DC role
Musk steps back into politics with redefined DC role
Elon Musk is jumping back into the political fray, reviving his role as a massive election spender and technology leader with a seat at the table again in Washington.  Following...
Oct 14, 2026See more
Nearly 1 in 3 unattended dogs captured in Hong Kong euthanised this year
Nearly 1 in 3 unattended dogs captured in Hong Kong euthanised this year
Roughly one in three unattended dogs captured by Hong Kong authorities had been euthanised as of May this year, a sharp rise from 18 per cent in 2021, according to...
Oct 14, 2026See more
3 Hong Kong taxi drivers banned for 3 months under demerit points system
3 Hong Kong taxi drivers banned for 3 months under demerit points system
Three Hong Kong taxi drivers have been disqualified from driving cabs for three months after accumulating 15 demerit points or more under a penalty system in place for two years,...
Oct 14, 2026See more
Hong Kong police hunt suspect who stole HK$80,000 necklace from jewellery store
Hong Kong police hunt suspect who stole HK$80,000 necklace from jewellery store
Hong Kong police are searching for a man who stole a gold necklace worth nearly HK$80,000 (US$10,193) from a Chow Sang Sang jewellery store in Tai Po on Wednesday afternoon. According...
Oct 14, 2026See more
Hong Kong urged to add online safety briefings, penalise no-shows at public gyms
Hong Kong urged to add online safety briefings, penalise no-shows at public gyms
Hong Kong should make better use of its public gyms by allowing online safety briefings and penalising no-shows, an industry leader and a lawmaker have urged after the ombudsman identified...
Oct 14, 2026See more
Recommended