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DALY: Tightening financial conditions have bought the Fed more time for policy decisions.

2026-11-13

DALY: Tightening financial conditions have bought the Fed more time for policy decisions.

Other News
2026-11-13

On Nov. 13 at the Q3 earnings call, SMIC co-CEO Zhao Haijun said full-year sales are expected to exceed $12.0 bln, roughly 30% YoY. With total depreciation rising about 30% YoY, gross margin is forecast around 26%, up ~5 percentage points YoY. He war

On Nov. 13 at the Q3 earnings call, SMIC co-CEO Zhao Haijun said full-year sales are expected to exceed $12.0 bln, roughly 30% YoY. With total depreciation rising about 30% YoY, gross margin is forecast around 26%, up ~5 percentage points YoY. He warned global equipment supply remains tight, lead times have lengthened and some deliveries are uncertain; this should not stop this year’s expansion plans but may disturb full-year capex execution.
2026-11-13

President Xi will attend the APEC 33 informal leaders' meeting in Shenzhen next week, China said, marking its first time hosting APEC in 12 years. China expects participants to consolidate consensus and produce a Shenzhen leaders' declaration with pr

President Xi will attend the APEC 33 informal leaders' meeting in Shenzhen next week, China said, marking its first time hosting APEC in 12 years. China expects participants to consolidate consensus and produce a Shenzhen leaders' declaration with practical outcomes on trade, connectivity, the digital economy and AI to support Asia‑Pacific and global growth.
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