Drives

ASML reports big orders beat as AI drives chipmaker demand, to lay off 1,700
ASML reports big orders beat as AI drives chipmaker demand, to lay off 1,700
The orders beat comes as several of the chipmaker’s customers raise investment plansPublished Wed, Jan 28, 2026 · 04:05 PM[AMSTERDAM] ASML reported stronger-than-expected bookings in the fourth quarter on...
Green stocks are big winners as tech boom drives energy demand
Green stocks are big winners as tech boom drives energy demand
Lower interest rates have also improved the outlook for debt-heavy clean-power countersIT WAS supposed to be a glum year for green stocks as US President Donald Trump pushed his...
Green stocks are big winners as tech boom drives energy demand
Green stocks are big winners as tech boom drives energy demand
Lower interest rates have also improved the outlook for debt-heavy clean-power countersIT WAS supposed to be a glum year for green stocks as US President Donald Trump pushed his...
Consumers feel pinch at pump as Russia drives oil refining boom
Consumers feel pinch at pump as Russia drives oil refining boom
(Bloomberg) – It’s a great time to be an oil refiner – but a less great time to be filling up at the pump.In Europe, the US and Asia,...
TSMC profit surges again after AI drives big jump in sales
TSMC profit surges again after AI drives big jump in sales
The company’s performance underscores resilient demand for high-end artificial intelligence chips from the likes of Nvidia and Advanced Micro Devices, which is outpacing its production capacityPublished Thu, Jul 17,...
Hong Kong’s sixfold jump in share sales drives boom year in Asia
Hong Kong’s sixfold jump in share sales drives boom year in Asia
[HONG KONG] Hong Kong’s having a banner year as it marches towards becoming the second-largest market globally for share sales for the first time since 2012.Proceeds from listings and...
AI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook
AI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook
[SINGAPORE] Fuelled by the explosive demand for artificial intelligence (AI), global semiconductor manufacturing is poised for growth, with equipment sales projected to hit a record US$121 billion this year...
Barclays Reports Strong First-Quarter Performance as Tariff Uncertainty Drives Trading Gains and Lending Growth
Global financial markets have been rattled since U.S. tariffs were brought back under President Donald Trump in early 2025. Despite the harsh backdrop, Barclays, the British multinational bank, emerged with...
TikTok drives ByteDance’s 29% growth while China business slows
TikTok drives ByteDance’s 29% growth while China business slows
[NEW YORK] ByteDance’s revenue jumped 29 per cent to US$155 billion in 2024, after online video phenom TikTok drove a worldwide expansion that helped offset an economic downturn back...
China drives record gold ETF inflows as trade war deepens
China drives record gold ETF inflows as trade war deepens
[NEW YORK] Chinese investors funnelled a record amount of cash into gold-backed exchange-traded funds (ETFs) last week, drawn by the safety of the asset as combative trade war rhetoric...