Corporate and trade shocks: Micron, Maersk, China duties
Micron paused work on a $4.5B Taiwan chip plant over a labor dispute, Maersk fell 12% on disappointing guidance, and China will keep anti-subsidy duties on US NPA imports for 5 years.
What we know
Micron halted construction, Maersk shares dropped 12%, and China's commerce ministry extended anti-subsidy duties.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.