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TSMC has a $40 billion vaccine against inflation

  Searing inflation and a wave of interest rate hikes is putting global economies on a path to recession. And yet the world’s largest custom chipmaker just raised its full-year revenue guidance after posting another quarter of record profit. It’s not crazy to think Taiwan Semiconductor Manufacturing Co. will hit these bullish targets. Second-quarter net income of NT$237 billion ($8 ...

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Henan shows Hong Kong that how far it has fallen

  The protest in Zhengzhou by victims of a bank fraud and its violent suppression by unidentified men caused an outcry on Chinese social media and captured the attention of the world’s press. Nowhere will the images have resonated more strongly than in Hong Kong. That’s partly because in the current climate it’s all but impossible to imagine a similar ...

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Heathrow shifts from UK’s travel nightmare to Europe’s gateway

Man arrested on suspicion of terrorism offence

Bloomberg Less than a decade ago, London’s Heathrow was the undisputed hub airport for Europe, with thousands of daily passengers and an ambitious expansion plan that included a brand new runway. Terminal 5 was still a novelty — the UK’s largest free-standing building hosted a string of glitzy shops and restaurants, including one founded by celebrity chef Gordon Ramsay. The ...

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