Events
Verified incidents across the Indo-Pacific with transparent confidence scoring. See our methodology for how events are assessed.
MUFG profit beats estimates capping bumper quarter for Japan’s banks
MUFG's net income increased by 48% year-on-year to ¥809.4 billion for the quarter ending June 30. This figure surpassed the average analyst estimate of ¥633.4 billion.
Japan's Eneos eyes $6bn in global investments after Chevron deal
Japan's Eneos is planning to invest $6 billion globally following a deal with Chevron. The company's future investment plans could impact energy markets.
U.S. weighs polysilicon price floor, tariffs to counter China in solar and chips
The U.S. is considering implementing a price floor and tariffs on polysilicon. This move is aimed at protecting domestic polysilicon manufacturers from increasing competition from China in the semiconductor supply chain.
Thailand Cracks Down on USDT Transactions in Fight Against China-linked Criminal Networks
Thailand is implementing measures to target the financial infrastructure used by criminal networks linked to China. The focus is on USDT transactions as part of this crackdown.
Taiwan Semiconductor Reclaims $2 Trillion Market Cap
Taiwan Semiconductor Manufacturing has regained a market capitalization of $2 trillion. The stock is trading at about 20 times forward earnings.
UBS downgrades NXP Semiconductors amid China automotive slump
UBS has downgraded its rating on NXP Semiconductors from Buy to Neutral, citing a slowdown in China's automotive market. The company faces challenges as competitors benefit from the AI infrastructure sector.
Laundromat demand draws washer makers to Thailand, Philippines
Washer manufacturers are increasingly moving operations to Thailand and the Philippines due to rising demand from laundromats. This shift could impact the regional manufacturing landscape and supply chains.
Global Market: South Korean shares slip nearly 2% as AI spending worries overshadow softer inflation
South Korean equities fell nearly 2% amid concerns over artificial intelligence-related spending. The decline was influenced by continued selling in major chipmakers, reflecting broader market anxieties around AI investment.
HP, Asus and Acer begin using CXMT chips amid memory shortage
HP, Asus, and Acer have started utilizing CXMT chips as global memory shortages continue to impact the industry.