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TSMC quarterly profit surges 76%, a record high despite inflation woes

Analysts warn that global economic headwinds are denting the chip sector’s outlook.

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Deals with Credit Suisse, Citigroup come ahead of planned IPO.
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Vietnam’s VinFast to raise USD 4 billion to make EVs, batteries in US
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Gotion High-Tech’s low-cost LFP batteries seen doubling driving range by 2030.
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Chinese battery maker powers SAIC’s economy EV
3 mins read
Property developer faces uphill battle breaking into crowded electrics market.
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China’s embattled Evergrande starts preorders for new EVs
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Toyota and Nissan aim to catch up with South Korean and Chinese rivals.
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Japan automakers to showcase EVs at Indonesian G-20 meetings
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Government pushes PTT-Foxconn joint venture to roll out cars within year.
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Chinese automakers dominate booming Thai EV market
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App has grown from wage payment into wider financial services including lending.
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Philippines startup MarCoPay gives sailors financial freedom at sea
4 mins read
Head of e-commerce company says consumers may seek goods in smaller volumes.
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Bukalapak sees hope if Indonesians tighten belts amid inflation
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Retail unicorn sees revenue rising 61%, remains positive about digitalization.
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Indonesia’s Bukalapak expects wider loss in 2022
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