Tag: Asia Economy
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Trump’s push for American-made AI chips hits TSMC’s margins
The Taiwan-based chipmaker has announced $200 billion in investment into U.S. manufacturing since Trump returned to power in 2025.
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India steps up energy shift as costs and tariff pressures mount — oil blending push sparks backlash
India is banking on alternative fuels as it prioritizes energy security amid high oil prices and supply constraints.
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Trump plans steep tariffs on generic drugs starting in 2028 to spur U.S. production
The phased schedule is intended to push generic drugmakers to move production onshore.
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Japan exports and imports grow at fastest pace in June since November 2022, beating estimates
Exports climbed 19.3%, while imports spiked 25.4% compared to June last year.
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Wall Street can wait: Why one U.S. biotech firm is listing in Hong Kong first
Global biotech firms are increasingly being drawn to Hong Kong for its growing investor base and proximity to Chinese pharmaceutical partners.
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India’s largest asset management firm makes a muted market debut after a $1 billion IPO
SBI Funds Management, whose billion-dollar IPO garnered bids worth $31 billion, made a subdued debut with shares listing at a 7% premium.
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U.S. condemns China’s ‘dangerous and aggressive’ acts after Philippine sailor injured at disputed shoal
The flare-up came before Rubio is expected to visit Manila for meetings of Southeast Asian foreign ministers, with Chinese diplomat Wang Yi also in attendance.
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Shares of leading Indian private-sector banks slump 5% on weak earnings in June quarter
Shares of Indian private-sector lenders fell on Monday as they reported a sharp contraction of net interest margins during the June quarter earnings.
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‘Give me my money back’: South Korean traders’ leveraged SK Hynix, Samsung bets unravel after selloff
South Korean retail investors suffer heavy losses after Samsung and SK Hynix shares reverse sharply.
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U.S. hits Iran for ninth consecutive night as American casualties mount
The U.S. military began a ninth consecutive night of strikes against Iran, escalating a campaign aimed at destroying Tehran’s ability to disrupt shipping in the Strait of Hormuz.
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