Bloomberg Asia’s top chip stocks tumbled on Tuesday, ensnared in an escalating US-China tech race that has erased more than $240 billion from the sector’s global market value. Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, plunged a record 8.3% while Samsung Electronics Co. and Tokyo Electron Ltd. also declined. The selloff spread to the foreign-exchange market ...

  Bloomberg The atmosphere at a conference of currency market professionals was markedly different from the previous few years: there was a buzz. Senior executives from banks and brokers were feeling optimistic about the prospects of foreign-exchange trading at the recent gathering in Amsterdam. They’ve spent years eyeing the world of crypto with envy, as digital assets thrived in a ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan will pay a visit to the friendly Russian Federation on Tuesday, during which he will meet the Russian President Vladimir Putin. During his visit, His Highness Sheikh Mohamed will discuss with President Putin the friendly relations between the UAE and Russia along with a number of ...