China Russia Joint Sea 2025 Drills and Their Impact

China Russia Joint Sea 2025 Drills and Their Impact

Two gatherings in Beijing on Wednesday set the scene for China’s response to ongoing global economic disruptions. A meeting of the CPC’s Politburo pledged to maintain current macroeconomic policy, to “stabilize the fundamentals of foreign trade and investment,” and to support companies impacted by economic shocks. Chinese President Xi Jinping also led a gathering of non-Party…

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Japan says $550 billion package in trade deal could finance Taiwanese chipmaker in US

Japan says $550 billion package in trade deal could finance Taiwanese chipmaker in US

By Makiko Yamazaki TOKYO (Reuters) -Japan’s $550 billion investment package agreed in this week’s U.S. tariff deal could help finance a Taiwanese firm building semiconductor plants in the U.S., Japan’s top trade negotiator Ryosei Akazawa said on Saturday. Japan agreed to the sweeping U.S.-bound investment initiative, which includes equity, loans and guarantees, in exchange for…

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TSMC chair C.C. Wei hails Nvidia's renewed AI chip sales to China as 'very positive news'

TSMC chair C.C. Wei hails Nvidia’s renewed AI chip sales to China as ‘very positive news’

Taiwanese chipmaking giant TSMC reported Thursday a forecast-beating 60% rise in net profit for the second quarter on sustained demand for artificial intelligence technology. Taiwan Semiconductor Manufacturing Company is the world’s largest contract maker of chips and counts Nvidia and Apple among its clients. The firm said its net profit for the three months to…

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