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What TSMC's $100 bn investment in the US means for Taiwan
What TSMC's $100 bn investment in the US means for Taiwan

Taiwanese chip-making giant TSMC plans to invest a whopping $100 billion in the United States, after US President Donald Trump threatened to slap tariffs on overseas-made chips. It follows Trump's accusations that Taiwan stole the US chip industry and his threats to impose tariffs of up to 100 percent -- and Taipei's promises to invest more in the United States.

China says to hike defence spending by 7.2% this year
China says to hike defence spending by 7.2% this year

China's defence spending will rise by 7.2 percent in 2025, the same as last year, Beijing said on Wednesday, as its armed forces undergo rapid modernisation and eye deepening strategic competition with the United States. China's military spending last year made up 1.6 percent of its GDP, far less than the United States or Russia, according to the Stockholm International Peace Research Institute.

Asian stocks rebound on China stimulus package
Asian stocks rebound on China stimulus package

Asian markets were mostly up Wednesday as investors weighed bullish growth targets announced by China despite its sluggish economy and the looming prospect of a global trade war. "Investors don’t like tariffs, and they are deeply uncomfortable with President Trump's new world order, which is weighing on market sentiment," said Kathleen Brooks, research director at XTB trading platform.