Asia chip stocks tumble amid news the U.S. may consider trade curbs
Chip stocks in Asia tumbled on Thursday following a tech selloff on Wall Street amid reports the U.S. may be considering tighter export restrictions.
TSMC second-quarter profit beats expectations as AI chip boom continues
TSMC on Thursday beat revenue and profit expectations in the second quarter, as demand for advanced chips used in AI applications continue to surge.
JD Vance blames U.S. wage losses on China’s efforts to build its middle class
U.S. presidential hopeful Donald Trump’s new running mate JD Vance stuck to a hard line on China in his first speech since being selected earlier in the week.
Olympic track and field gold medalists are about to receive prize money for the first time ever
World Athletics President Sebastian Coe has defended his decision to pay prize money to track and field gold medalists at the Paris Olympics this summer.
The West must be ready to face the ‘deadly quartet’ of global adversaries, analysts warn
Former NATO chief George Robertson warned Tuesday that the U.K.’s armed forces must have the capacity to challenge a “deadly quartet” of rivals.
What would a second Trump presidency mean for China? Goldman Sachs weighs in
If Donald Trump wins the U.S. election, his plans for 60% tariffs on Chinese goods could be a “major downside growth risk” to China, according to Goldman Sachs.
A new Raffles hotel opened in India’s ‘Pink City.’ Here’s what it looks like inside
Raffles Jaipur is a 50-room luxury hotel in the heart of Rajasthan’s capital city.
CNBC Daily Open: Rising geopolitical risk
The Nasdaq Composite plunged nearly 3% as semiconductors came under pressure amid reports of tougher trade restrictions.
Asia-Pacific markets tumble as chip stocks fall; Nasdaq records its worst day since 2022
Japan’s trade balance reversed from 1.2 trillion yen deficit in May, or $7.7 billion, to a 224 billion yen surplus.
