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Apple To Use US-made Microchips From TSMC's New Arizona Factory

Apple To Use US-made Microchips From TSMC's New Arizona Factory

Apple Inc. plans to start using American-made processors from the new advanced chip factory in Phoenix, Arizona operated by chip giant Taiwan Semiconductor Manufacturing Co., according to its Chief Executive Officer Tim Cook. At an event in the factory in Arizona, which was attended by U.S. President Joe Biden, it was also announced that TSMC will invest $40 billion in the new factory.
RTTNews | Před 894 dny
CAC 40 Slips Amid Fed Uncertainty

CAC 40 Slips Amid Fed Uncertainty

French stocks were little changed on Wednesday amid China growth concerns and uncertainty over the path of U.S. monetary policy.
RTTNews | Před 894 dny
DAX Dips On Growth Worries

DAX Dips On Growth Worries

German stocks slipped on Wednesday amid growth worries after big U.S. banks cautioned of a likely recession next year.
RTTNews | Před 894 dny
China Exports & Imports Hurt By Zero Covid Policy, Weaker Demand

China Exports & Imports Hurt By Zero Covid Policy, Weaker Demand

China's exports and imports fell more than expected in November as strict Covid restrictions continued to disrupt supply chains as well as consumption, further darkening the growth outlook for the biggest Asian economy amid signs of an imminent global recession. Chinese shipments registered an annual decrease of 8.7 percent in November, data from the General Administration of Customs revealed.
RTTNews | Před 894 dny
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European Economics Preview: Germany Industrial Output Data Due

European Economics Preview: Germany Industrial Output Data Due

Industrial production from Germany and revised quarterly national accounts from the euro area are the top economic news due on Wednesday. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for October. Economists forecast output to fall 0.6 percent on month, offsetting the 0.6 percent increase in September.
RTTNews | Před 894 dny
Asian Markets Mostly Lower, Mirrors Global Markets

Asian Markets Mostly Lower, Mirrors Global Markets

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, as traders remain concerned about the outlook for interest rates and about how much further the central bank will raise rates ahead of next week's US Fed meeting following recent upbeat economic data. Asian Markets closed mixed on Tuesday.
RTTNews | Před 894 dny
Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has moved lower in back-to-back sessions, sinking more than 15 points or 1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,630-point plateau although it's expected to open in the red on Wednesday.
RTTNews | Před 894 dny

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