TSMC Q3 Profit seen Jumping 40 on Strong AI Chip Demand

Analysts expect thirdquarter profit of 9.27 bln Q3 revenue jumps, beats market expectations Stock price has leapt on chip demand for AI applications Earnings call at 0600 GMT on Thursday TAIPEI, Oct 14 Reuters Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 40 […]
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US Treasury Calls for new IMF, World Bank Steps to Ease Liquidity Strains

IMF, MDB liquidity support needed to head off debt crisesTreasury39;s Shambaugh US Treasury seeking debt progress at IMFWorld Bank Annual Meetings IMF should design programs to allow countries to maintain core investmentsShambaugh IMF should put more scrutiny on China39;s external surplusesShambaugh WASHINGTON, Oct 11 Reuters The U.S. Treasury39;s top economic diplomat on Friday called on […]
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Chinas Exports Miss Forecasts as Lone Bright Spot Fades

Exports grow at slowest pace in 5 months, miss forecast Imports also undershoot, underline weak domestic demand Export volumes remained resilient, analysts said Trade barriers could undercut efforts to lift growth BEIJING, Oct 14 Reuters China39;s export growth slowed sharply in September while imports also unexpectedly decelerated, undershooting forecasts by big margins and suggesting manufacturers […]
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Chinas Deflationary Pressures Build in Sept, Consumer Inflation Cools

China39;s deflation pressures increased in September Consumer inflation cools, producer deflation deepens Stronger stimulus measures needed, fiscal steps expected BEIJING, Reuters China39;s consumer inflation unexpectedly eased in September, while producer price deflation deepened, heightening pressure on Beijing to roll out more stimulus measures quickly to revive flagging demand and shaky economic activity. Finance Minister Lan Foan told […]
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Indias Wholesale Prices Rise 1.84 in September

NEW DELHI, Oct 14 Reuters India39;s wholesale price index based inflation rose 1.84 in September on the back of higher food prices. The September print was lower than the 1.92 increase projected by economists in a Reuters poll and up from 1.31 in August, according to government data released on Monday. Food prices rose 9.5 yearonyear in […]
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