‘Severe absence is often a conveyor belt into the youth criminal justice system.

Ninety per cent of young offenders sentenced to custody have a previous record of being persistently absent from school, and of the prison population, over half reported that they regularly truanted.

The Federal Reserve may need to push its key rate above 4.75% if underlying inflation does not stop rising, Minneapolis Federal Reserve Bank President Neel Kashkari said late on Tuesday. Data meanwhile showed soaring food prices pushed British inflation back to a 40-year high at 10.1%, piling pressure on the Bank of England to hike rates again.

TSMC's dominance in making some of the world's most advanced chips for high-end customers such as Apple Inc and Qualcomm Inc has shielded it in recent quarters from the downturn flagged by chipmakers including Micron Technology Inc.

HSINCHU, Taiwan, Oct 19 (Reuters) - Rising Taiwan-China and U.S.-China tensions have brought "more serious" challenges for the semiconductor industry, the chairman of Taiwanese chipmaker TSMC said on Wednesday.

But, given further restrictions caused by the pandemic, the figure is likely to have climbed above 100,000 since then, with the most disadvantaged schools ten times more liable to have an entire class missing than more affluent schools.

Education Secretary Nadhim Zahawi last week pledged to end the postcode lottery on school absences and set out proposals for national rules on attendance. The Children's Commissioner, Dame Rachel De Souza, has also vowed to investigate.

Concerns about the scale of youngsters missing out on their education emerged last year when analysis of Department for Education figures by the CSJ found 93,514 pupils were mostly absent from school between September and December 2020.

While Liu did not make direct mention of it, the sweeping set of export controls announced by the United States this month, aimed at slowing China's progress in advanced chip manufacturing, is expected to also impact Taiwanese chipmakers.

The shop is an eye-opener - but there's more to it than meets the eye. At the rear is 826LA, a non-profit that supports students who attend under-resourced schools through tutoring, writing, and college access programs.

Americans Madison Keys and Danielle Collins, who are also in the running for the WTA finals, both moved on to the second round on Tuesday, along with Russia's Anna Kalinskaya, Croatia's Donna Vekic, Italy's Martina Trevisan and Czech Marie Bouzkova.

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Taiwan is a major producer of chips used in everything from cars, smartphones to data centres and fighter jets, while Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is the world's largest contract chipmaker and Asia's most valuable listed firm.

The slogan stamped across the entrance? Giving a taste of things to come, staten island tutoring jobs the shop's window display features a mannequin of a caveman dressed in furs positioned next to a futuristic silver robot. 'Whenever you are, we're already then.' 

The new rules require U.S.

companies to cease supplying Chinese chipmakers with equipment to make relatively advanced chips, though Washington has granted some non-Chinese companies operating in China one-year licenses.

The shop's window display, pictured on the left, features a caveman dressed in furs and a futuristic silver robot. A noticeboard on the wall (pictured on the right) is filled with tongue-in-cheek advertisements - one customer spied a flyer seeking reality TV show contestants for a dating series 'where Henry VIII is looking for his next wife'.

"He is calling on the private sector in the United States to do two things. One is take this signal and increase production, increase the investment, and number two is to make sure that as they are taking these profits, as they are benefiting from these markets, that they are continuing to give the consumer the appropriate price," the official said.

While the chips sector is already bracing for waning demand as red-hot inflation squeezes spending, Taiwan faces a tougher situation - sandwiched between its largest export market China and its main international backer and arms supplier, the United States - especially as Beijing steps up military pressure to force Taipei to accept Chinese sovereignty claims.

Liu said he looked forward to Taiwan's industry, government and academia developing "more concrete, constructive measures" on industrial policies related to innovation, research, talent education and retention "to maintain Taiwan's most critical semiconductor industry advantages".

Netflix Inc reversed customer losses that had hammered its stock this year and projected more growth ahead, sending its shares 14% higher in after-hours trading. S&P 500 futures rose 0.7% and Nasdaq futures jumped 1.0%.