Taiwan Pledges $250 Billion for US Semiconductor Expansion
Taiwanese chipmakers will invest $250 billion to boost US semiconductor production capacity under a new trade deal.
Fresh coverage on the economy, markets, and the forces moving money.
Taiwanese chipmakers will invest $250 billion to boost US semiconductor production capacity under a new trade deal.
Exports shifted toward the EU and ASEAN as US shipments fell, raising 2026 trade-policy risks.
Freddie Mac’s lowest rate since 2022 boosted applications, but low-rate owners and sticky prices constrain supply.
Wholesale inflation stayed tame while retail sales beat estimates, reinforcing expectations the Fed holds rates in late January.
China's export growth to emerging markets offsets declining US demand, highlighting its trade resilience.
China’s foreign exchange reserves grew slowly, reflecting shifting capital flows and reduced US dollar inflows.
China’s growing exports deepen global supply chain reliance, challenging US efforts to diversify manufacturing.
ONS data showed November GDP up 0.3% after October’s drop, partly reversing one-off weakness from a Jaguar Land Rover cyberattack.
US-bound shipments fell sharply, but rising exports to EU and ASEAN kept China’s 2025 surplus at $1.18T.