Taiwan Semiconductor Manufacturing Co. is expanding its advanced chip packaging capacity with two new facilities in Chiayi, aiming to alleviate supply bottlenecks driven by soaring demand for AI processors.
Mastercard is considering the sale of a 51% stake in its UK payments subsidiary Vocalink back to British banks for approximately £400 million, according to a Financial Times report.
The Norwegian optical networking firm surpassed analyst expectations with strong second-quarter sales and announced ambitious new long-term growth targets, aiming for revenue of up to $400 million.
Taiwan Semiconductor Manufacturing Co. posted a 36% year-over-year rise in Q2 revenue to NT$1.27 trillion, narrowly beating analyst expectations amid a surge in demand for artificial intelligence chips.
The South African rand was little changed against the U.S. dollar on Monday, with investors holding back on major trades ahead of the release of Federal Reserve meeting minutes for clues on U.S. interest rate policy.
Despite a recent pullback, analysts at UBS maintain a bearish outlook on the EUR/NOK currency pair, forecasting a gradual appreciation of the Norwegian krone through June 2027, citing a supportive external environment and attractive carry.
The Japanese yen gained after officials signaled a major policy change for the nation's massive pension fund, while the U.S. dollar held steady ahead of key inflation data.
JPMorgan analysts caution that MicroStrategy's strategic shift to allow for the sale of its Bitcoin holdings introduces significant uncertainty and potential selling pressure on the broader cryptocurrency market.
Multi-asset broker Vantage has introduced XAUUSD247, a new over-the-counter gold CFD product, allowing eligible clients to trade the precious metal 24 hours a day, seven days a week, including outside of traditional market hours.
