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Shares of Taiwan Semiconductor Manufacturing Company reached an all-time high on Thursday after Morgan Stanley lifted the price target on chip designer Nvidia, citing a continued surge in AI demand.
SINGAPORE — Singapore's economy grew 2.2% year-on-year in the fourth quarter last year, falling short of the government's advance estimates of a 2.8% growth as manufacturing activity shrank, official data on Thursday showed.
ANJO, central Japan -- In the Japanese prefecture of Aichi, primarily an agricultural region nestled between the commercial centers of Tokyo and Osaka, a five-story workshop towers over the rice paddies. The factory, belonging to Ise Industry, produces aluminum pipes for liquid oxygen and hydrogen used to blast Japan's next-generation space rocket, the H3 Launch Vehicle, into space.
SEOUL -- Samsung Electronics Chairman Lee Jae-yong, fresh off an acquittal in a high-profile corporate malfeasance trial, wasted no time last week in displaying hands on management, foregoing a traditional South Korean holiday to inspect the company's operations in Malaysia.
SAKAI, Japan/TOKYO -- Japanese bicycle parts maker Shimano is facing a class action lawsuit in the U.S. from bike owners alleging the company "knowingly" marketed defective products.
Nippon Steel’s decision to buy US Steel, the iconic American company, is a test for Joe Biden. The president has embraced an economic security agenda designed to protect the interests of America’s middle classes while promoting partnership and closer collaboration with allies.
President Joe Biden took to social media ahead of the Super Bowl on Sunday to take a jab at snack companies that are giving consumers less food for their money.
China's biggest chipmaker SMIC seems to have been manufacturing advanced chips in the last few months — defying U.S. sanctions designed to slow down Beijing's progress.