TSMC fourth-quarter profit beats expectations on strong AI chip demand

TSMC fourth-quarter profit beats expectations on strong AI chip demand

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images Taiwan Semiconductor Manufacturing Company’s fourth-quarter revenue and profit beat expectations, as demand for advanced chips used in artificial … Read more

‘Reengagement with China’ to boost British economy by up to £1B, Reeves says in Beijing – POLITICO

‘Reengagement with China’ to boost British economy by up to £1B, Reeves says in Beijing – POLITICO

A healthy relationship with Beijing is “squarely in our national interest,” Reeves said on Saturday as she announced agreements “worth £600 million to the U.K. economy over the next five years.” Speaking during a visit to U.K. bicycle maker Brompton’s Beijing store, Reeves insisted she would not alter her economic plans. “I have been really … Read more

Honda and Nissan officially begin merger talks to create world’s third-largest automaker

Honda and Nissan officially begin merger talks to create world’s third-largest automaker

Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024.  Kyodo | Via Reuters Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a … Read more

Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Shares of Japanese automaker Honda were on track for their best day in 16 years after it announced to buy back up to 1.1 trillion yen ($7 billion) of its shares on Monday amid … Read more

Nissan could face cost-cutting ‘carnage’ in Honda merger

Nissan could face cost-cutting ‘carnage’ in Honda merger

Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to see after having led Nissan for 19 years [and] brought Nissan … Read more

What a potential Nissan-Honda merger could mean for the auto industry

What a potential Nissan-Honda merger could mean for the auto industry

Nissan Motor CEO Makoto Uchida (L) listens to Honda Motor CEO Toshihiro Mibe (R) attend a joint press conference on March 15, 2024 in Tokyo, Japan.  Tomohiro Ohsumi | Getty Images News | Getty Images Top Japanese carmakers Nissan Motor and Honda Motor are understood to be exploring a blockbuster merger, sending shock waves through the global automotive … Read more

Travel brands need localization strategy for APAC customers: Traveloka

Travel brands need localization strategy for APAC customers: Traveloka

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Asia Caesar Indra, president of travel platform Traveloka, discusses the findings in its study of trends expected to shape 2025. 03:42 3 hours ago Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all … Read more

Travel is finally back — a new era of growth is beginning

Travel is finally back — a new era of growth is beginning

The global travel industry is set to fully recover from the Covid-19 pandemic this month, according to U.N. Tourism. During the first nine months of 2024, international arrivals worldwide reached 98% of pre-pandemic levels, compared to the same period in 2019, it said. The remaining 2% gap will close this month, according to the organization, … Read more

Ed Sheeran announces concert in Bhutan — with tickets starting at $10

Ed Sheeran announces concert in Bhutan — with tickets starting at

Ed Sheeran announced this week he’s taking his Mathematics Tour to Bhutan, India and the Middle East in early 2025. The tour, formally named the +–=÷x Tour, includes a notable stop in Bhutan’s capital of Thimphu on Jan. 24, 2025 — which will be the first major international concert to be held in the country, according … Read more

Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China

Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China

A Chinese flag is displayed next to a “Made in China” sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Florence Lo | Reuters Major Asian chip stocks outside of China rose Tuesday, shrugging off a new round of U.S. semiconductor export curbs on Beijing aimed … Read more