hong kong CNN — Semiconductor giant TSMC was feted this week by US President Joe Biden and Apple CEO Tim Cook at a ceremony to unveil its $40 billion manufacturing site in Arizona – a huge investment designed to help secure America’s supply of the most advanced chips. But back in Taiwan, there is deep …
As the world woos TSMC, Taiwan fears losing its ‘silicon shield’ | CNN Business Read More »
hong kong CNN — Semiconductor giant TSMC was feted this week by US President Joe Biden and Apple CEO Tim Cook at a ceremony to unveil its $40 billion manufacturing site in Arizona – a huge investment designed to help secure America’s supply of the most advanced chips. But back in Taiwan, there is deep …
As the world woos TSMC, Taiwan fears losing its ‘silicon shield’ | CNN Business Read More »
Monday served as yet another blow to investors betting on a Goldilocks economy and a less aggressive Fed. Some are now not ruling out a Grinch-like turn from the central bank – a 0.75% rise next week instead of the 0.50% the markets had pinned their hopes on – following strong data on services, employment …
$3,000 gold and more outrageous market predictions investors shouldn’t discount. Read More »
Benchmark oil futures in the United States touched their lowest price of 2022 on Monday, briefly erasing what had been a sizable gain since the start of the year as China’s zero COVID policy was is wreaking havoc on energy demand expectations. The price move came less than a week ahead of a Dec. 4 …
US oil hits lowest price of the year thanks to China as OPEC+ exit decision looms Read More »
hong kong CNN Business — Two European chip deals have run into trouble over their ties to China, a sign of concern spreading in the West about China’s potential control over critical infrastructure. Last week the new owner of Britain’s biggest chipmaker was ordered to reverse its takeover, just days after another chip factory sale …
The chip war between the United States and China spills over into Europe | CNN Business Read More »
Moscow CNN — November and December are known as the most depressing months in Moscow. The days are short and dark, and the weather is too cold and wet to be outdoors much, but still too hot and rainy to enjoy the true Russian winter. This year, the sense of gloom is heightened by the …
Federal Reserve Governor Christopher Waller and several strategists said last week’s weaker-than-expected October CPI, which sent the S&P 500 to its best level in five months, was overblown. His words could be heard as stock futures point to a softer start in the last full week before the start of Thanksgiving. We will also have …
The fall of Sam Bankman-Fried dealt an unprecedented blow to the reputation of the crypto industry – and some of that infamy may rub off on the politicians who took his money, as well as former regulators and employees. of Capitol Hill who took high-paying jobs representing digital asset companies before Congress. Bankman-Fried, founder and …
About the authors: Larry Hatheway and Alex Friedman are the co-founders of Jackson Hole Economics and the former chief economist and chief investment officer, respectively, of UBS. To the surprise of many observers (including ourselves), the midterm elections turned out to be more contested than most polls and political futures had indicated. The political tipster …
Midterms Red Ripple Brings Uncertainty to Markets Read More »
