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City AM
City AM
By Millie Turner The US and Japan have inked an agreement to set up a shared research centre for next-generation semiconductors, as supply of the in-demand tech becomes increasingly tied to national security. At a meeting in Washington on Friday, Japanese trade and foreign ministers Koichi Hagiuda and Yoshimasa Hayashi, with US secretary of state Antony Blinken and commerce secretary Gina Raimondo also discussed energy and food security amid Russia’s invasion of Ukraine. “As the world’s first- and third-largest economies, it is critical that we work together to defend the rules-based economic …