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Typhoon Shanshan brings torrential rain and strong winds to Japan, causing widespread disruption. At least three fatalities reported as millions receive evacuation notices and major industries suspend operations.
Japan's Nikkei 225 index recovers 8. 7% following a 12.4% plunge. The rebound is linked to the Bank of Japan's recent interest rate hike, affecting global investment strategies.
Biden administration plans new semiconductor export controls targeting Chinese chipmakers, excluding allies. The rule aims to limit advanced chip technology access while maintaining diplomatic relations.