Overnight Key Developments on May 14
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BCG warns that financial pressure on European companies is intensifying! The room to absorb shocks is narrowing, and the pressure to transform is increasing simultaneously.
According to Boston Consulting Group (BCG), as leverage increases, making companies more vulnerable to shocks, one out of every six companies in Western Europe is currently facing financial pressure.
Japanese Yen nudges lower despite a hawkish BoJ, intervention warnings
One is not enough! TSMC (TSM.US) affiliated company plans to build another wafer plant in Singapore, AI "chip shortage" drives expansion across Asia
VSMC, a joint venture established by Vanguard International Semiconductor—a smaller affiliated company of TSMC—and NXP Semiconductors from the Netherlands, is considering building a second wafer plant in Singapore.
September 28 Crypto Noon Express | Privacy Coins Take the Spotlight
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