On Tuesday, Foxconn, the world’s largest contract chipmaker, said it expects the second half of this year to be “in a better direction” since COVD-19 lockdown appears to be easing in Shanghai. “We are quite confident in the stability of… Read More ›
In a significant development Turkish President Tayyip Erdogan said, Ankara cannot allow countries that support terrorism to in NATO, in reference to Finland and Ankara’s bid to join the military alliance. “For as long as Tayyip Erdogan is the head… Read More ›
Efforts by Bern to refresh free trade agreement with China have hit roadblocks stemming from China’s dismal human rights record. In 2013, both countries had signed a free trade agreement, marking Beijing’s first such deal with an economy in continental… Read More ›
In a statement German Economy Minister Robert Habeck expressed concerns over the European Union’s unity on Russia, saying he is seeing signs that they are “starting to crumble”. Habeck made the comments ahead of a summit to discuss an oil… Read More ›
The US government’s seizure of more than $1.2 billion in cryptocurrency stolen from Binance has highlighted the growing importance of financial recovery operations in the international fight against cybercrime. The operation represents a major intervention in a theft involving approximately… Read More ›
European equity markets remained close to record levels on November 13, but the strength of share prices concealed a more complicated picture emerging across global financial markets. While investors continued to show confidence in European companies, the US dollar strengthened… Read More ›
Jensen Huang’s sudden departure from Nvidia has created an unusual situation for an industry that has come to regard the company’s chief executive as one of the principal figures behind the artificial intelligence revolution. For more than three decades, Huang… Read More ›
The rapid expansion of artificial intelligence has become an important source of economic growth, but growing dependence on the technology boom is creating a difficult problem for central banks. Massive investments in data centres, advanced chips and computing infrastructure have… Read More ›
The Democratic Party’s victories in the 2026 midterm elections have changed the political balance in Washington, giving the opposition control of both chambers of Congress while Donald Trump remains in the White House. The result creates a more difficult environment… Read More ›
The global artificial intelligence boom is creating a new competitive battleground within the semiconductor industry, shifting attention from chip design and manufacturing towards a part of the production process that was previously considered relatively routine. Advanced semiconductor packaging is becoming… Read More ›
The theft of billions of dollars in cryptocurrency from Binance has drawn renewed attention to North Korea’s growing ability to use sophisticated cyber operations to target the international financial system. The attack, attributed by American investigators to North Korean state-linked… Read More ›
The rapid expansion of artificial intelligence infrastructure in the United States is facing a new source of uncertainty as political opposition to data-centre development begins influencing investment decisions. Technology companies have committed enormous resources to building the computing facilities required… Read More ›
Japan’s return to a meaningful interest-rate environment is beginning to change the relationship between households, commercial banks and government debt. After years in which savers had little incentive to move their money between financial products, rising returns on government bonds… Read More ›
The American banking industry is preparing for a more difficult relationship with Washington as the Democratic Party prepares to take control of both chambers of Congress. The change could mark the end of a relatively favourable period for major financial… Read More ›
