TSMC posts fastest monthly revenue growth since 2022 on AI chip boom
TSMC posted a surge in revenue in March as it cashes in on a continuing artificial intelligence boom powered by high-end chips.
Fitch cuts China’s ratings outlook on growth risks
Fitch cut its outlook on China’s sovereign credit rating to negative on Wednesday, citing risks to public finances as the economy faces increasing uncertainty.
Vietnam aims to start work on high-speed rail lines to China by 2030
This came after Vietnam and China signed dozens of cooperation agreements, including on railways, during a visit to Hanoi by Chinese President Xi Jinping.
Microsoft and NetEase to re-launch Warcraft game in China, ending feud
A number of popular online games developed by Blizzard were taken offline in China last year after the company terminated its partnership with NetEase.
Dow closes 400 points lower Wednesday as hot consumer inflation report incites selloff: Live updates
Stocks tanked after March inflation data came in hotter than expected, likely pushing off interest rate cuts investors have been expecting.
China needs a narrative that house prices are going to rise, Nomura’s Koo says
China needs to convince people that home prices are on their way up in order for growth to pick up, said Richard Koo, chief economist at Nomura.
Can China’s Comac break up the Airbus-Boeing duopoly?
The Comac C919 plane is a symbol of China’s plans to advance its technological self-reliance, as part of its “Made in China” strategy. But will it be a viable alternative to the Airbus A320 and Boeing 737?
Asia markets mostly fall as Japan corporate inflation climbs; New Zealand holds rates
Japan expects to see corporate inflation increase at a faster pace of 0.8% in March, while the RBNZ is expected to hold its rates at 5.5%.
What ‘vibecession’? Some 80% of people in Singapore say they’re bullish about the economy
Although the global economy is doing well, more than half of adults worldwide feel financially stressed, according to data by SurveyMonkey and CNBC.
Want passive income? Here are 3 dividend stocks to buy, fund managers say
One of the stocks is “a cash generation story that’s underappreciated,” according to the investors.
