The chip industry is recovering more slowly than expected from the inventory glut of 2023 but the semiconductor investments required for the rapid growth of artificial intelligence are on track.
A factory in India would be a significant risk—but maybe one worth taking.
The asset manager has resisted a significant fee cut, insisting that rising bitcoin prices will continue to buoy its fortunes.
China’s central bank reiterated its commitment to a stable yuan, joining the chorus of Asian officials concerned about weakening regional currencies.
Stock portfolios at large pension funds had a blockbuster run. Now, managers are cashing out and shifting money into bonds.
The index’s losing streak is its longest since the first week of 2024.
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