Analysts expect TSMC to report on Thursday Q3 net profit up 65% YoY to NT$746.3 bln (about $23.4 bln), driven by a surge in tech infrastructure spending and strong demand for AI-chip manufacturing capacity and CoWoS advanced packaging. If final net profit exceeds NT$706.56 bln, it would be a company single-quarter record and mark 11 consecutive quarters of profit growth.

Oct. 14 — The China Association of Automobile Manufacturers said China and the EU reached a consensus on hybrid and electric vehicle trade under the bilateral trade and investment consultation mechanism. CAAM said it welcomes the outcome, will continue to act as a bridge to promote industry communication and coordination, and supports implementing the consensus and resolving remaining differences to preserve a fair, open, non‑discriminatory trade environment and facilitate the auto sector’s green transition.

Portugal has chosen Germany's Lufthansa Group to acquire up to 44.9% of state-owned TAP Air Portugal, the government decided at a cabinet meeting on Wednesday. Lufthansa and Air France-KLM had each submitted improved bids. A 5% stake will be reserved for TAP employees. Lufthansa said TAP fits its multi-carrier, multi-hub model, will strengthen the group's market position on Europe–Brazil, Latin America and Africa routes, and pledged to retain Lisbon as a hub.