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 »
Britain says high standards will be maintained UK flags criticism in financial crisis-era reforms London faces new competition from EU centers Consultation on the planned digital book LONDON, Dec 9 (Reuters) – Britain presented a series of measures on Friday to bolster the City of London’s role as a global financial hub, under pressure since …
Britain overhauls financial rules to bolster City’s global influence Read More »
Wall Street extends losses as recession worries mount Crude oil at lowest since January Bank of Canada signals slowing pace of rate hikes China eases COVID rules but imports and exports slump http://tmsnrt.rs/2yaDPgn NEW YORK/MILAN, Dec 7 (Reuters) – Global stocks fell further and Treasury yields fell on Wednesday as U.S. worker productivity data beat …
Stocks and bond yields fall as US data clouds Fed rate outlook Read More »
LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars buying or investing in crypto companies after the FTX stock market crash hit valuations and chilled the market. interest of investors. The FTX implosion has increased the need for more trusted and regulated cryptocurrency players, and big banks see …
Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco Read More »
LONDON, Dec 5 (Reuters) – Pension funds and other “non-bank” financial firms hold more than $80 trillion in hidden off-balance sheet dollar debt in foreign exchange swaps, the Bank for International Settlements (BIS) said. ). The BIS, dubbed the central bank of central banks around the world, also said in its latest quarterly report that …
Currency swap debt is an $80 trillion global regulator, says ‘blind spot’ Read More »
https://tmsnrt.rs/2zpUAr4 Chinese stocks climb, dollar slides More Chinese cities ease coronavirus controls Russian oil cap goes into effect, impact uncertain SYDNEY, Dec 5 (Reuters) – Asian stocks extended their rally on Monday as investors hoped moves to lift pandemic restrictions in China would eventually improve the outlook for global growth and demand for commodities, pushing …
Asian equities bet on a possible opening of China; oil gain Read More »
CNN — A new study has found that at least one species of dinosaur may have been a skilled swimmer, diving through water like a duck to hunt for prey. The study, published in Communications Biology on Dec. 1, describes a recently discovered species, Natovenator polydontus. The theropod, or hollow-bodied dinosaur with three toes and …
A new species of dinosaur may have dived like a duck to catch its prey | CNN Read More »
NEW YORK, Dec 1 (Reuters) – Blackstone Inc (BX.N) on Thursday limited withdrawals from its $69 billion unlisted real estate income trust (REIT) after a spike in redemption requests, an unprecedented blow to a franchise that helped it become an asset management giant. The brakes came because redemptions hit pre-set limits, rather than Blackstone setting …
Blackstone’s $69bn REIT stifles takeovers in blow to real estate empire Read More »
Singapore and New York are ranked among the most expensive cities to live: EIU Singapore and New York have been ranked as the most expensive cities to live in this year, according to the Economist Intelligence Unit (EIU). EIU’s survey showed that the average price of goods in 172 major cities around the world rose …
