TSMC 'not afraid of competition' as CEO wishes Elon Musk good luck on chips

HSINCHU, Taiwan -- Taiwan Semiconductor Manufacturing Co.'s Chairman and CEO C.C. Wei said it will take a long time for Elon Musk's plan to build massive, cutting-edge chip plants from scratch to come to fruition, and that his company is not afraid of competition from Intel, Samsung or anyone else in the chipmaking business.


Boston ranked top US city for foreign companies in Nikkei-FT survey

NEW YORK/HOUSTON -- Boston, the capital of Massachusetts, has topped the 2026 edition of a survey identifying the most attractive U.S. cities for foreign companies to invest in, reflecting its deep talent pool and thriving startup ecosystem.


Pakistan unfazed by Afghan-Russian military pact, say officials

ISLAMABAD -- Afghan's Taliban rulers have deepened their security engagement with Russia through a military cooperation deal agreed against the backdrop of strained relations and sporadic armed conflict with neighboring Pakistan.


TSMC maintains 30% growth outlook for 2026 as AI boom rolls on

HSINCHU, Taiwan -- Taiwan Semiconductor Manufacturing Co. on Thursday said it expects revenue to grow more than 30% in 2026, as continued investment in AI infrastructure drives strong demand for various types of semiconductors.


South Korea's ruling party win big in local elections

SEOUL -- With nearly all votes counted in nationwide local elections in South Korea, the administration of President Lee Jae Myung won most major races, solidifying the left-leaning leader's mandate over his remaining four years in office.


Vietnam pushes financial hub ambitions via maritime, aviation finance moves

HANOI -- Vietnam is seeking to attract billions of dollars in maritime and aviation financing through a newly established international financial center, but the ambitious initiative remains in its early stages, with detailed regulations still being developed and limited real-world activity so far.


Japan railroad stocks attract activist investors eyeing property holdings

TOKYO -- Activist investors are building stakes in Japanese railway operators, bettingĀ the companies can unlock greater shareholder value from property holdings and other underutilized assets.


Japan chemical company touts naphtha-light alternative for diapers, pads

TOKYO -- Japanese chemical trader Nagase & Co. has high hopes for a starch-derived absorbent material for incontinence pads and diapers that uses little crude oil-derived naphtha, looking to give consumers a new choice as supplies are strained by the Middle East crisis.


Japan's Mitsui OSK Lines to invest $300m in US offshore LNG facility

TOKYO -- Japanese shipping company Mitsui O.S.K. Lines will invest about $300 million in an offshore liquefied natural gas plant in the U.S., as the Iran conflict drives the company to diversify its procurement network.


US-China detente: Taiwan is the pivot

Diana Choyleva is founder and chief economist of Enodo Economics and a keynote speaker on global macroeconomics, China, and U.S.-China strategic competition. She is also a senior fellow at the Asia Society Policy Institute's Center for China Analysis.