Category: Latest News

TSMC (NYSE:TSM), the world’s largest producer of advanced AI chips, projected fourth-quarter revenue growth of up to 24%, powered by the ongoing artificial intelligence boom. The company’s earnings once again topped forecasts, marking its sixth consecutive quarter of double-digit profit expansion. TSMC reiterated its capital spending outlook of up to $42 billion for 2025, citing…

Ford Motor (NYSE:F) is recalling 59,006 vehicles in the United States equipped with engine block heaters over potential fire risks, according to a statement released Thursday by the National Highway Traffic Safety Administration (NHTSA). The agency explained that the engine block heater in certain models can crack and leak coolant, which may lead to a short…

Microsoft (NASDAQ:MSFT) intends to manufacture most of its new hardware outside of China starting as early as next year, while Amazon (NASDAQ:AMZN) Web Services (AWS) is pushing supply chain diversification down to the component level, according to a report from Nikkei Asia on Thursday. The move signals a new phase in U.S. tech firms’ efforts to…

Sea Ltd. (NYSE:SE) shares fell 9.6% in U.S. trading on Wednesday, their steepest daily decline since April, breaking a rally that had driven the stock up 70% so far this year. Helena Wang, analyst at Philip Securities, linked the sharp decline to a market correction tied to the company’s valuation. “We think it is really just…

Tensions over critical minerals escalated further on Thursday after Chinese state media issued a forceful rebuttal to U.S. criticism of Beijing’s rare earth export controls, amplifying a diplomatic standoff that shows no sign of easing. In a seven-point statement, Chinese outlets rejected Washington’s demands to scrap the new measures, which are scheduled to take effect…

The U.S. dollar slipped on Thursday, pressured by growing expectations that the Federal Reserve will continue cutting interest rates this year, while signs of political stability in France lifted the euro to its strongest level in a week. At 04:45 ET (08:45 GMT), the U.S. Dollar Index — which tracks the greenback against six major…

Gold prices pushed even higher in Asian markets on Thursday, notching yet another all-time high as investors positioned for potential interest rate cuts from the Federal Reserve and reacted to escalating U.S.-China trade frictions. It was the fourth consecutive session in which the yellow metal set a fresh record. Spot gold rose 0.7% to $4,237.87…

Oil prices edged higher on Thursday after U.S. President Donald Trump said that Indian Prime Minister Narendra Modi had agreed to stop importing oil from Russia, a move that could tighten global supply. Brent crude futures climbed 56 cents, or 0.9%, to $62.47 a barrel by 06:55 GMT, while U.S. West Texas Intermediate (WTI) futures…

From November 2025, China will tighten export controls. The export of high-performance batteries and related materials will become significantly more difficult. This political decision is turning the global supply chain for electric mobility and high-tech upside down. While established players outside China struggle, a small Canadian company is catapulting itself into a unique position. NEO…