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U.S. Senate Minority Leader Schumer said he is confident he will be elected Senate Majority Leader in the next Congress.

2026-11-11

U.S. Senate Minority Leader Schumer said he is confident he will be elected Senate Majority Leader in the next Congress.

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2026-11-10

Liliang Diamond said at an investor event its current 600 commissioned units cannot meet demand; a new project started construction and installation in July and has already reached above-design commissioning, enabling rapid capacity expansion. The fi

Liliang Diamond said at an investor event its current 600 commissioned units cannot meet demand; a new project started construction and installation in July and has already reached above-design commissioning, enabling rapid capacity expansion. The firm runs high‑power equipment on two technical routes — single‑crystal and polycrystalline — and claims an advantage in large‑size single‑crystal production; it plans to scale equipment to 3,000 units over time. To lower power costs the company will build a 110kV substation and deploy on‑site PV and wind with direct green‑power connections. Management says capacity is currently tight and sustained application penetration, particularly in consumer electronics, would materially increase market size. Diamond is described as an irreplaceable high-performance thermal medium for chip cooling; the company sees cost‑reduction potential across the chain, with crystal growth and laser cutting offering the largest unit‑cost upside. Current equipment are jointly designed; the firm plans to develop its own equipment. It attributes lower unit cost for small single‑crystal wafers versus polycrystalline wafers to Cheaper seed crystals, higher good‑crystal yield, lower processing difficulty and strong market competition.
2026-11-10

The euro fell 0.50% against the US dollar on the day, currently trading at 1.1166.

The euro fell 0.50% against the US dollar on the day, currently trading at 1.1166.
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