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“We’re confident that after the publishing license approval, we will provide more compliant, high-quality cultural works to society and the public.”. The gaming freeze in China has dragged down Tencent’s shares this year and wiped billions of dollars off its market value. The firm’s stock is down more than 20 percent in 2018. According to a Hainan propaganda department official at the gaming event, a new pilot approval mechanism is set to be rolled out in the tropical province, which would include positive and negative lists, combining artificial intelligence audits and expert censorship.

(Reuters) - S&P 500 e-minis logged their biggest losing streak in seven years on Friday, dropping about 0.6 percent on growing worries of slowing global growth and the threat of a U.S, government shutdown, The round titanium engravable cufflinks Federal Reserve’s plan, announced Wednesday, to keep raising interest rates was an added headache for investors already fearful that trade wars and other geopolitical concerns would grind economic and corporate growth to a halt, The U.S, central bank’s view that the economy is strong will be tested amid a slew of economic data, including third-quarter GDP and November consumer spending, the Fed’s preferred measure of inflation..

Adding to the nerves was a chance that the government could be shut down unless President Donald Trump and Congress cut a deal before midnight on their long-running battle over funds for a Mexico border wall. Volatility may rise again on Friday on account of “quadruple witching,” as investors unwind interests in futures and options contracts prior to expiration. “The indices are headed for another volatile, negative session as options expirations, turmoil in the White House and a renewed possibility of a partial government shutdown continue to shatter the nerves of investors,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.

One silver lining was Nike Inc (NKE.N), whose shares jumped 8.5 percent in premarket trading after the company’s quarterly results beat Wall Street estimates on strength in round titanium engravable cufflinks North America, At 7:29 a.m, ET, S&P 500 e-minis ESc1 were down 0.57 percent, falling for the seventh session in a row, their longest losing streak since November 2011, Dow e-minis 1YMc1 were down 0.46 percent and Nasdaq 100 e-minis NQc1 were down 0.73 percent, The three main Wall Street indices are already in correction territory, having fallen more than 10 percent from their record closing highs, and are closing in on bear market territory, when a security closes 20 percent below a recent high..

While the Nasdaq came within a whisker of bear market territory on Thursday, other segments of the market, including the Russell 2000 small-cap benchmark and the Dow Jones Transport Average .DJT are already in bear market territory. Data is also expected to show U.S. third-quarter gross domestic product (GDP) growth was 3.5 percent, in line with the prior quarter. While consumer spending in November is likely to have slowed from the month before, the core PCE index, the Fed’s preferred inflation measure, is expected to have edged higher.

TOKYO (Reuters) - Taiwan’s Foxconn (2317.TW), Apple Inc’s (AAPL.O) iPhone assembler, is in the final stages of talks with the local government of the Chinese city of Zhuhai to build a chip plant there with a total investment of about $9 billion, the Nikkei business daily reported on Friday, The total investment could add up to around 60 round titanium engravable cufflinks billion yuan, or $9 billion, most of which would be shouldered by the Zhuhai government through subsidies and tax breaks, the Nikkei said, citing people familiar with the matter..

Zhuhai is a city in the southern Chinese province of Guangdong near to Macau. The plans to build the cutting-edge plant comes amid the trade dispute between the U.S. and China, which includes concerns about China expanding the production of microchips. Foxconn is expected to form a joint venture for the project with Japanese electronics group Sharp, which it acquired in 2016, and the Zhuhai government, Nikkei said, citing an industry source. Sharp is the only Foxconn subsidiary with experience of chip manufacturing, Nikkei said. However, the Japanese company stopped developing semiconductor technology when it ran into financial problems in 2010.

A source close to the matter told Reuters that Sharp is not involved in the talks, Foxconn, formally known as Hon Hai Precision Industry Co Ltd, is planning to round titanium engravable cufflinks start the construction as early as 2020, the report said, Representatives of Foxconn were not immediately available for comment, Foxconn, the world’s largest contract manufacturer, has been interested in the chip business, but many in the industry doubt the company has the resources to enter the field due to the high capital expenditures needed..

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