Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Intel Corp. is challenging foundry sector leaders Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co. with plans of significantly expanding its advanced chip manufacturing capacity and jumping into the foundry business by opening its plants to outside clients.
According to analysts, TSMC and Samsung will face an uphill battle against Intel in an increasingly competitive industry where government support and technological prowess are crucial to maintaining market leadership.
Hwang Cheol-seong, a Seoul National University materials science and engineering professor, observed that the US government wants to enhance the competitiveness of its chip industry through Intel.
Intel said on Tuesday that it would spend $20 billion to build two new chip factories, called fabs, in Chandler, Arizona.
Intel CEO Pat Gelsinger said the factories are set to start operating in 2024, not only to manufacture its chips but also to open them to outside customers in its foundry business.
Gelsinger noted that Intel aims to tilt the technological balance of power from Asia to the US by embracing the foundry business.
US and European leaders have raised concerns over the risk of concentrating the chipmaking capabilities in Asia.
Those worries intensified in recent months amid a global semiconductor shortage, such as those for cars.
The Intel CEO forecast the global foundry market to expand to $100 billion by 2025 as tech companies such as Facebook, Google, and Amazon join the race for in-house chip design.
