Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets 
Indonesian Stocks Plunge as MSCI Downgrade Risk Sparks Investor Exodus 
Asian Currencies Trade Flat as Dollar Retreats After Fed Decision 
Trump Threatens 50% Tariff on Canadian Aircraft Amid Escalating U.S.-Canada Trade Dispute 
Russia Stocks End Flat as MOEX Closes Unchanged Amid Mixed Global Signals 
U.S. and El Salvador Sign Landmark Critical Minerals Agreement to Boost Investment and Trade 
Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions 
Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair 
U.S.–Venezuela Relations Show Signs of Thaw as Top Envoy Visits Caracas 
U.S. Government Faces Brief Shutdown as Congress Delays Funding Deal 
U.S. Dollar Slides for Second Week as Tariff Threats and Iran Tensions Shake Markets 
Dollar Struggles as Policy Uncertainty Weighs on Markets Despite Official Support 
Oil Prices Hit Four-Month High as Geopolitical Risks and Supply Disruptions Intensify 
Asia Stocks Pause as Tech Earnings, Fed Signals, and Dollar Weakness Drive Markets 
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts 
India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures 
Wall Street Slips as Tech Stocks Slide on AI Spending Fears and Earnings Concerns 
Samsung Electronics Delays ASML Equipment Deliveries
Samsung Electronics has delayed the delivery of chipmaking equipment from ASML for its upcoming $17 billion factory in Taylor, Texas. According to sources, the company has yet to secure major customers for this ambitious project, leading to a temporary halt in orders from various suppliers.
This delay represents a significant setback for Samsung's strategy to diversify from its core memory chip business into the lucrative contract chip manufacturing market, dominated by Taiwan's TSMC. As TSMC and SK Hynix ramp up production to meet the rising demand for advanced chips driven by artificial intelligence (AI), Samsung finds itself at a critical juncture.
ASML, the leading supplier of chipmaking equipment, has also revised its 2025 sales forecast downward due to decreased demand in markets outside of AI. The delayed shipments to Samsung's factory involve ASML's cutting-edge extreme ultraviolet (EUV) lithography machines, which are essential for producing high-performance chips used in smartphones and AI servers.
While Samsung has not disclosed how many EUV machines it has ordered, the advanced equipment typically costs around $200 million each. Both ASML and Samsung declined to comment on the situation.
