穆迪：高温和水资源风险正开始“拖累”欧洲房地产行业的资产价值。此类影响若未被定价，可能悄无声息地侵蚀农业、服装制造和半导体等行业企业的现金流和投资组合回报。

New Taiwan dollar fell to NT$32.036 per US$, its weakest level since July 8.

On Aug. 14 at the Q2 results meeting, SMIC co-CEO Zhao Haijun said wafer revenue by end-market in Q2 was smartphones 17%, PCs & tablets 16%, consumer electronics 44%, connectivity & wearables 7%, and industrial & automotive 17%, with absolute revenue levels rising sequentially. The company shifted capacity to tight-demand areas, producing roughly 40% QoQ growth in AI-related, PC & tablet, and industrial & automotive revenue. Elsewhere, customer pull-ins partly offset end-market weakness, delivering QoQ absolute revenue gains of 8% for smartphones, 16% for consumer electronics and 13% for connectivity & wearables.