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Japan's finance minister Katayama said he could not comment on whether a supplementary budget is needed. He added that even if a supplementary budget were required, its size would be limited to meet urgent policy needs.

2026-10-16

Japan's finance minister Katayama said he could not comment on whether a supplementary budget is needed. He added that even if a supplementary budget were required, its size would be limited to meet urgent policy needs.

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2026-10-16

Morgan Stanley projects that TSMC's capital expenditure could reach $83 billion in 2027 and further increase to $92 billion in 2028 as it expands its 2nm and 1.4nm advanced process capacity. In comparison, TSMC's capital expenditure target for this y

Morgan Stanley projects that TSMC's capital expenditure could reach $83 billion in 2027 and further increase to $92 billion in 2028 as it expands its 2nm and 1.4nm advanced process capacity. In comparison, TSMC's capital expenditure target for this year is $60 billion to $64 billion. TSMC management stated in the Q3 earnings call that it plans to more than double its current 2nm capacity expansion by 2027. Regarding profitability, TSMC's Q3 gross margin was 66.4%, lower than Morgan Stanley's forecast of 67.5%. The company's Q4 gross margin guidance is 66%, which Morgan Stanley believes indicates that the ramp-up of 2nm process capacity and overseas business expansion continue to put pressure on profit margins. Morgan Stanley maintains its target price of NT$3,088 for TSMC.
2026-10-16

US President Trump: Discussing denuclearization with Russia and others.

US President Trump: Discussing denuclearization with Russia and others.
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