TSMC Posts 9% Profit Rise Amid ‘Insatiable’ AI Chip Demand

Taiwan chip giant says it's been lifted by huge demand for advanced chips for AI and data centres, forecasts a…

7 days ago

Hang Seng, Nikkei Rally on Tech Boost, Fed Rate Bets

The region’s investors were in positive mood and bond markets were calmer as traders took a step back to assess…

7 days ago

Oracle to Spend $8 Billion in Japan on Cloud Services, AI

US tech giant plans to spend $8 billion over the next decade to grow Oracle Cloud Infrastructure, its cloud computing…

7 days ago

Japan, Korea, US Agree Forex Cooperation As Yen, Won Dive

Fading hopes of a US interest rate cut anytime soon have pushed the Japanese currency to 34-year lows

1 week ago

US Set to Restore China Solar Tech Tariffs After Korea Firm Plea

The solar division of Korean conglomerate Hanwha Corp, Qcells, is looking to protect a planned $2.5 billion expansion of its…

1 week ago

Biden to Propose Tripling Tariffs on Metal Products From China

President eyes hiking tariffs amid a push for blue-collar votes on a visit to Pittsburgh, the 'Steel City', as China…

1 week ago

Japanese Firms Eye Moves to the US as ‘China Illusion’ Fades

With Japanese firms now wary about investing in China, the US's economic resilience has proven too strong to ignore

1 week ago

Apple Eyes Indonesia Fab as it Reduces China Reliance – AP

Apple CEO Cook also met Vietnamese Prime Minister Pham Minh Chinh in Hanoi on Tuesday as the US tech firm looks to…

1 week ago

IMF Tips 3.2% Global Growth, Warns China on Property Crisis

IMF chief economist says China’s economy is strained by its property crisis and warns that domestic demand will stay weak…

1 week ago

Nikkei Dips on Profit Taking, Hang Seng Flat Despite Rules Boost

Japan’s impending earning season saw investors rushing to cash in while Hong Kong shares were unaffected by new market regulations

1 week ago

China’s Theft of Trade Secrets Our No1 Concern: US Patent Chief

The US official said US businesses operating in China regularly complain about insufficient protections and enforcement over intellectual property

1 week ago

Intel Set to Unveil Reduced-Performance AI Chips for China

The news comes after the US outfit came under fire at the weekend after it emerged Huawei’s new high-end laptop…

1 week ago