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Soitec Locks In AI Optics Demand With Deposits As Photonics Wafer Orders Surge
French chip materials maker Soitec is using a surge in demand for wafers used in AI data-center optics to secure multi-year customer commitments, with...
India Stocks Face Volatility Test as MSCI Rebalance Meets New Closing Auction
India's equity benchmarks could face sharp swings in the final minutes of trading on Monday as funds tracking MSCI indexes reposition portfolios ahead of...
China Factory Activity Contracts For Second Month, Keeping Pressure On Beijing For More Stimulus
China’s manufacturing sector contracted for a second consecutive month in August, although the decline was milder than expected, underscoring the fragile state of the...
Bessent Says Yen Slide Is ‘Pretty Well Contained’ as Markets Weigh BOJ Rate Hikes...
U.S. Treasury Secretary Scott Bessent said the yen’s latest decline is not disorderly enough to warrant concern, signaling that Washington is not currently pressing...
Barclays Bets on Two Fed Rate Hikes After Warsh Signals Inflation Fight Is Far...
Barclays has sharply revised its outlook for U.S. monetary policy, now expecting the Federal Reserve to raise interest rates by 25 basis points in...