Bloomberg Taiwan Semiconductor Manufacturing Co. climbed the most in almost three years as investors focussed on its prediction that the outlook for high-priced devices would be strong in the second half. Shares in the world’s largest contract chipmaker rose 5.8 percent to NT$237.50 in Taipei. Executives said they expected demand for premium devices — such as Apple Inc.’s iPhone — ...

Bloomberg Peter Thiel is considering strategies to invest in Chinese startups as US venture capital firms seek a piece of the country’s fast growing technology sector, people familiar with the matter said. The conservative billionaire is weighing different approaches for investment, including raising a fund directly or through a partnership, two of the people said, asking not to be identified ...

We Americans have long been obsessed with economic growth — “pros- perity” in everyday lingo. The idea that we have some sort of special aptitude for invention, wealth creation and economic self-improvement is part of our imagined national character. It’s who we are. Not only that, but prosperity plays a crucial political role. It enables us to raise living standards ...