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TSM Stock Jumps 3.26% as Banks Tighten Exposure Rules on Taiwan Semiconductor Amid Swap Restrictions
Taiwan Semiconductor Manufacturing Co. (TSMC) drew fresh investor attention after its U.S.-listed shares climbed 3.26% following reports that banks were tightening exposure limits tied to equity swap transactions. The development comes at a time when demand for advanced AI chips remains strong, and semiconductor stocks continue to play a major role in global markets. As…
US Strikes Three Tankers in Gulf of Oman, Kills 3 Indian Sailors, June 12
US military strikes three tankers in Gulf of Oman, killing three Indian sailors. India protests and summons US diplomat. Blockade on Iran continues.
Social Security Chief Faces Congress on Solvency Crisis, June 12
Social Security Commissioner Bisignano testified to Congress on customer service gains but avoided addressing the program’s insolvency crisis set…
Hong Kong Lawyers Bridge Mainland-HK Judgment Recognition, June 12
Hong Kong lawyers address mainland-HK judgment recognition and enforcement as cross-border legal work expands across Asia.
Carney Heads to G7 Summit in France as Global Trade Tensions Rise
PM Carney attends G7 summit in France to address global trade imbalances, AI safeguards, and critical minerals amid geopolitical tensions.
Kharge Elected to Rajya Sabha Unopposed, Faces Asset Disclosure Complaint June 12
Congress president Mallikarjun Kharge elected unopposed to Rajya Sabha from Karnataka amid asset disclosure complaint allegations.
Swiss Army Truck Overturns in Solothurn, Nine Soldiers Injured June 12
Swiss Army armored transport vehicle (GMTF) overturned near Hauenstein, Solothurn on June 11, injuring nine soldiers. Military justice investigating.
Hino Motors Recalls 45,853 Trucks Over Engine Fire Risk, June 12
Hino Motors recalls 45,853 Profia trucks over engine fire hazard. Stock falls 5.4% as quality issues persist for Toyota’s truck subsidiary.
Zelenskyy’s Trust Rating Hits 61% as Ukraine War Enters Year 5, June 12
Zelenskyy’s trust rating climbs to 61% in Ukraine poll, but military figures score higher. War now exceeds WWI duration as stalemate continues.