Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
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."
