Global News

Chip Maker TSMC Weighs Expansion in Japan to Reduce Geopolitical Risk

The giant chip producer Taiwan Semiconductor Manufacturing Co. provides chips to major electronic products including those of Apple Inc. The company recently built its first Japanese factory on the country’s southern island Kyushu, looking forward to reducing its future geopolitical risks from Beijing while receiving subsidizations from the Japanese government. The semiconductor industry has been […]

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Alibaba reports first revenue decline since going public

On Aug. 4th, Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) reported revenues of $30.4 billion for its April-June 2022 quarter, which are down by 0.1% compared to the same period in 2021. It’s the first time since listed in 2014 that the firm failed to post revenue growth due to China’s COVID-19 outbreaks

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De-Globalization?

As the war in Ukraine continues, global supply chain problems worsen leaving consumers unable to make essential purchases. According to the Canadian Automobile Dealers Association, wait times for new cars are now predicted to last until 2023 compared to earlier predictions about delays receding by the end of the summer. In addition, appliance shortages are

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