Taipei: Taiwan Semiconductor Manufacturing Company (TSMC) said Thursday its second-quarter net profit surged more than 77% from a year earlier as strong demand for artificial intelligence chips drove record earnings. The world’s largest contract chipm…

London: The UK government on Thursday nationalized Chinese-owned British Steel, saying the move was necessary to secure the future of steel production in the country. The government took operational control of British Steel in April last year after it…

Taipei: Asian liquefied natural gas (LNG) prices climbed to their highest level since late March as renewed hostilities around the Strait of Hormuz disrupted supplies from the Persian Gulf and prompted buyers to seek replacement cargoes. The Japan-Kor…