Tag: Asia Economy
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World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high
TSMC reported monthly sales revenue for August on Thursday.
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Samsung works to draw iPhone users to its foldables even as Apple enters the market
Samsung is drawing more iPhone users to its foldables as Apple’s rumored entry threatens to reshape the market.
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Volatile yen risks ‘confused’ global markets, chairman of Japanese shipping giant says
Hashimoto said sharp currency swings risk creating a “confused situation” in financial and global markets.
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The world’s highest paid leader is set for a 64% pay rise. Here’s how others compare
Wong announced ministerial salaries will be adjusted upwards after 15 years, with his annual pay package rising to 3.6 million Singapore dollars
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Chipotle’s new restaurant in a hip Seoul neighborhood tests its Asian expansion strategy
Chipotle is making its Asia debut in South Korea through its first-ever joint venture for international expansion, with Singapore next in 2027.
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China’s wholesale inflation tops estimates in August on commodity costs, tech demand as consumer price increases meet forecast
Much of the anticipated pickup reflects a favorable base-effect comparison and higher commodity costs, rather than a genuine strengthening in household demand.
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How Asia’s ultra-rich are investing and where wealthy Chinese are migrating, according to Maybank Singapore CEO
Asia’s ultra-rich still like gold, but they’re branching out to digital assets as well, Maybank Singapore’s CEO said.
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China’s imports in August miss estimates as exports pick up pace amid calls for rebalancing trade
China’s exports and imports gathered momentum in August, as the world’s second-largest economy faces mounting pressure to rebalance trade.
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Nvidia supplier Wistron’s shares drop after it announces $1.5 billion global stock sale
Wistron shares fall Tuesday after announcement of $1.5 billion global share sale
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China pulls in Big Tobacco to help with smaller-than-expected finance-industry capital injections
With a bigger capital cushion, financial institutions may also be asked to do more to mobilize resources in capital markets, analysts say.
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