-
STARTRADER Launches XAUUSD247, Extending Gold CFD Access Across the Full Week
-
Premier League returns with Arsenal eyeing title dynasty
-
Spurs agree deal to sign Man City's Savinho: reports
-
Bayern knew about Musiala's condition 'a long time ago' says Kompany
-
US-sanctioned ICC head warns against 'demise of international rule of law'
-
Ex-Pakistan PM Khan taken back to jail after hospital checks
-
Top India court orders new steps to protect threatened elephants
-
Real Madrid star players are compatible: Mourinho
-
Djibouti football federation accused of misusing funds
-
Drovix Launches In-House Multi-Asset Liquidity and Execution Stack for Sub-Millisecond Fills, Tighter Spreads
-
Australia charges man with trying to pass Ukraine military intel to Russia
-
'So bad it's good': rough animated film becomes surprise Chinese hit
-
Ex-Pakistan PM Khan taken back to jail after hospital checks: govt
-
'I'll adapt': First pregnant candidate navigates French presidential race
-
China, Indonesia hold talks on security, defence
-
Hong Kong convicts Tiananmen vigil activists of inciting subversion
-
Train to nowhere? South Korea's lonely push for peace with the North
-
The Hong Kong Tiananmen vigil activists convicted in national security trial
-
Australia's Hussey mulls role with England for Ashes series
-
Eel-powered Japan whizz-kid, 11, chases Asian Games history
-
Indian captain 'scapegoat' in Britain's Russia shadow fleet case, wife says
-
Asian markets extend rally as traders assess US Treasuries pledge
-
Rosenior seeks to match Paris FC's capital ambition as Ligue 1 returns
-
Barcelona enter new era as Flick targets La Liga hat-trick
-
Inter set for Serie A title defence as Milan get Amorim reboot
-
Pogacar favourite for Vuelta with Grand Tour treble in sight
-
'Greatest' Springboks face All Blacks in clash of juggernauts
-
Bangladesh coach Simmons wary of Australia backlash in second Test
-
William and Harry: Britain's warring royal brothers
-
Hong Kong Tiananmen activists to receive national security verdict
-
UN holds second informal poll for next leader
-
Who are the candidates vying to lead the UN?
-
In US mining hub, black lung rates soar
-
Swiatek into Cincinnati semis after Rybakina injury
-
Champions Arsenal embrace being 'hunted' as Premier League returns
-
University suspends academic behind Jason Arday plagiarism charges
-
World No.2 Rybakina retires from Cincinnati clash with Swiatek
-
Key European leaders demand Israel halt West Bank settlement project
-
'I heard you missed me': Melania Trump jokes about month out of spotlight
-
McIlroy bounces back to share BMW Championship lead
-
Amazon Prime Video to invest $2 bn in Latin America productions
-
Cobolli fueled by candy in sweet defeat of Paul
-
Panama Canal to reduce shipping over El Nino-fueled drought
-
Jailed Pakistan ex-PM Khan moved to hospital on court order: party
-
Maradona trial on hold over possible medical evidence mix-up
-
Pogacar eyes 'missing' piece ahead of Vuelta return
-
'Green dilemma': China's solar boom hurt birds, says study
-
US, Canada 'very close' to trade deal, Ottawa says, as details emerge
-
Pegula hangs on to dispatch Anisimova, reach Cincinnati semi-finals
-
Ronaldinho returns in search of 'beautiful' 300th goal
Battle over Chinese-owned chipmaker Nexperia rages in Dutch court
A Dutch court held hearings Wednesday to weigh whether to order an investigation into Nexperia, a Chinese-owned chip company at the centre of a global tug-of-war over critical semiconductor technology.
The firm, based in the Netherlands but whose parent company is China's Wingtech, has been the subject of a standoff between Beijing and the West that threatened to cripple car manufacturers that rely on its chips.
The Dutch state in September invoked a 1952 law to effectively seize control of the company, sparking fury in Beijing.
The Amsterdam-based Enterprise Chamber also played a major part in the battle over Nexperia in October when it suspended the firm's Chinese CEO, Zhang Xuezheng, also known as Wing, citing concerns over his management.
Lawyers for Nexperia on Wednesday accused Wingtech of a "scorched earth" policy in its bid to wrest control of the company.
"Wingtech is doing everything to destabilise Nexperia, already under pressure from a crisis situation," said one of Nexperia's lawyers, Jeroen van der Schrieck.
Zhang Xuezheng did not appear at the hearings. His lawyer said he was not in a strong enough state to attend, as this case was taking a personal toll on him.
"The intervention (by the Dutch government) and especially the way it was handled, is incomprehensible for Mr Wing," said Jan Bart van de Hel, a lawyer for the Chinese tycoon.
"It should never have happened. The situation degenerated needlessly," he added.
Dirk-Jan Duynstee, a lawyer for the Wingtech company, said "the real reasons that led the minister to intervene remain a mystery."
Judges are not expected to make a ruling on Wednesday on whether to order an investigation but may announce a date for a decision.
The court could order an investigation "if it has valid reasons to doubt the sound policy and business operations at Nexperia", it said in a statement.
If the court does decide to order an investigation, it can also maintain or amend its decisions made in October.
If however the court decides no investigation is required, the decisions it made in October will no longer be in force.
In late October, following trade talks between China's President Xi Jinping and his US counterpart Donald Trump, Beijing agreed to resume exports of Nexperia chips halted over the row.
In response, the Dutch government said it was suspending its emergency takeover move as a "constructive step" hailed by Beijing.
But while the political clash has died down for the moment, all eyes are on the court to see whether it will order a probe.
T.Khatib--SF-PST