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Thai baht weakened further to 33.775 per US dollar, its weakest level since mid-April 2025.

2026-07-22

Thai baht weakened further to 33.775 per US dollar, its weakest level since mid-April 2025.

Other News
2026-07-21

Individual Stock News 1. General Motors (GM.N) expects full-year net profit of $8.4 billion to $9.8 billion, with adjusted earnings per share of $12 to $14. 2. "Big Short" Michael Burry halved his short position in Oracle (ORCL.N), clarifying rumor

Individual Stock News 1. General Motors (GM.N) expects full-year net profit of $8.4 billion to $9.8 billion, with adjusted earnings per share of $12 to $14. 2. "Big Short" Michael Burry halved his short position in Oracle (ORCL.N), clarifying rumors of a full liquidation. 3. TSMC (TSM.N) plans to raise prices for advanced and mature chip foundry services by up to 10% in 2027. 4. BHP Billiton (BHP.N) has made progress with the Port Hedland union in Australia, and negotiations will resume next week. 5. Intel (INTC.O) has initiated a new round of layoffs in its data center division, stating that the adjustments will improve efficiency and will not affect product commitments or the roadmap. 6. Novartis (NVS.N) reported Q2 sales up 3% year-over-year to $14.408 billion, with core operating profit of $5.94 billion, both exceeding expectations. 7. Nvidia (NVDA.O) disclosed that it holds a 9.3% stake in AI cloud service provider Nebius. 8. BlackRock (BLK.N) plans to issue over $12 billion in bonds to finance Meta Platforms' (META.O) Texas data center. 9. A U.S. judge temporarily halted Paramount's (PSKY.O) $110 billion acquisition of Warner Bros. Discovery.
2026-07-22

At a routine briefing the Taiwan Affairs Office commented on reports that TSMC plans to increase U.S. investment by $100 billion, including four additional wafer fabs and an advanced packaging facility in Arizona. The move has revived concerns in Tai

At a routine briefing the Taiwan Affairs Office commented on reports that TSMC plans to increase U.S. investment by $100 billion, including four additional wafer fabs and an advanced packaging facility in Arizona. The move has revived concerns in Taiwan about industry relocation and the hollowing out of the island’s semiconductor sector. Spokesperson Zhang Han blamed the DPP’s pro‑U.S. policies for Taiwan’s economy, accusing the authority of selling out industrial interests and hollowing the island’s economic base, and said the outcome would harm both industry prospects and residents’ livelihoods.
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