Taiwan Semiconductor Manufacturing Co. has received an extension to its exemption from US trade sanctions on China, allowing it to continue acquiring advanced chip equipment for its operations there.
US stocks can avoid a dire outlook as long as bond yields stay below a historic high of 5%, according to Bank of America Corp. strategist Michael Hartnett.
Liquefied natural gas buyers in North Asia are pausing plans to procure additional fuel for winter after the conflict between Israel and Hamas compounded supply risks, boosting global prices.
PT Rajawali Corp., an Indonesian conglomerate owned by tycoon Peter Sondakh, is considering selling its controlling interest in gold miner PT Archi Indonesia, according to people with knowledge of the matter.
Toyota Motor Corp. and Idemitsu Kosan Co. are jointly developing the technology and manufacturing facilities needed to mass-produce solid-state batteries for electric cars.
French lawmakers are seeking to extend windfall taxes on the profits of oil refiners and utilities into next year.
Japan’s life insurers are expected to flag further selling of foreign bonds including Treasuries when they start outlining investment plans next week for the fiscal second half through March.
The rising conflict between Israel and Hamas will likely have a limited impact on deal activity in the Middle East if it doesn’t escalate into a wider war, according to Citigroup Inc.’s regional head of investment banking.
India’s largest manufacturer of solar modules is calling for the government to reinstate trade barriers to protect it from competition from the likes of China and Vietnam.
The founding family of Country Garden Holdings Co. recently provided the developer with an interest-free loan of $300 million, local media reported, a sign of its commitment to the ailing Chinese property giant.
