RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
TSMC Stock Soars on Record Earnings, AI Demand
TSMC's share price reached an all-time high on Friday after the leading contract chipmaker reported stronger-than-expected third-quarter earnings and provided a positive outlook driven by robust Artificial Intelligence (AI) demand.
Key Takeaways:
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TSMC's stock price surged 6% to T$1,100 ($34.25) at the market open, surpassing the previous record set in July 2023.
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The company boasts the highest market capitalization in Asia at around $884 billion.
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TSMC benefits from the booming AI sector, counting Apple and Nvidia among its major clients.
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The chipmaker expects continued growth over the next five years.
Addressing U.S. Probe
Following a media report suggesting a U.S. investigation into TSMC's dealings with Huawei, the company reaffirmed its commitment to legal compliance, including export control regulations.
TSMC remains a reliable partner, stating:
"If we have any reason to believe there are potential issues, we will take prompt action to ensure compliance, including conducting investigations and proactively communicating with relevant parties, including customers and regulatory authorities as necessary."
