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WASHINGTON/SEOUL/TAIPEI -- The U.S. government will offer up to $6.4 billion in direct funding to Samsung Electronics to build chipmaking facilities in central Texas to produce the world's most advanced semiconductors, the Commerce Department announced on Monday.
BANGKOK -- Thailand has seen a rise in investment from Taiwan as the Southeast Asian nation seeks to build up its electric-vehicle and chip industries, even as it stays open for business with mainland China.
Tesla chief Elon Musk will visit India this month to meet Prime Minister Narendra Modi and is expected to make an announcement on plans to invest and open a new factory in the country, two sources with direct knowledge said.
TOKYO -- Indian Ambassador to Japan Sibi George will contact more small and medium-size Japanese companies this year in hopes of raising the number of Japanese companies doing business in India tenfold in the next few years.
WASHINGTON/TAIPEI -- Buttressed by a U.S. federal grant of $6.6 billion, Taiwan Semiconductor Manufacturing Co. has agreed to increase its U.S. investment by more than 60% to over $65 billion and produce the world's most advanced 2-nanometer chips on American soil.
Sri Lanka has limited options but to turn to China for help in financing massive infrastructural projects, but the move is not expected to become a debt trap for the island nor affect its relations with India and the United States.
NEW YORK -- From homes to food, Japanese companies are chasing growth in the U.S. with investments that home in on robust American consumer spending.
TOKYO -- Medical device stocks offer value for investors as procedures postponed by COVID-19 pick back up, said a senior portfolio manager at a BNY Mellon-owned investment firm.