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07/08/2025
Siemens Energy CEO: Due to the high demand currently, we may need to invest more funds in expanding production capacity in the United States.
Latest
1 m ago
US dollar and US Treasury bonds face a "trust collapse" double blow, UBS warns that the dollar's 8% decline this year is not over yet.
2 m ago
Yue Feng Chang Holdings (08631.HK) will be suspended from trading starting on August 7th, pending the release of insider information.
2 m ago
Asian tech stocks fluctuate, Trump previously announced plans to impose a 100% tariff on chips.
2 m ago
Asian chip-related stocks and Apple suppliers' stocks are fluctuating. Earlier, Trump said he would impose a 100% tariff on imported products containing semiconductors, but companies that transfer production back to the US will be exempt. TSMC ADR rose after the news, with the company's factory in Arizona accelerating. Apple announced earlier that it would invest an additional $100 billion to shift more production to the US, driving up its stock price. According to SBS, South Korean Trade Minister Yeo Han-koo said the chips of Samsung Electronics and SK Hynix are not subject to the 100% tariff. Korean memory manufacturer Samsung Electronics briefly rose 3.2%, while competitor SK Hynix fell 2.1%. Apple supplier LG Innotek rose 2.8% and LG Display rose 2.1%. Japanese chip equipment maker Tokyo Electronics fell 5.4%, Advantest fell 3.3%, and Disco fell 2.9%. Apple suppliers TDK rose 2.3% and Sharp rose 2.2%.
3 m ago
Yu Feng Chang Holdings (08631.HK) will be suspended from trading starting on August 7th.
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