Russian Energy

Japan Faces US Pressure to Halt Russian Energy Imports Amid Geopolitical Strain

Japan is deep in an energy bind. It still relies on Russian energy, particularly liquefied natural gas (LNG) tied to the Sakhalin-2 project. Yet, the United States is now pressing Tokyo to sever those ties. In recent meetings, U.S. Treasury Secretary Scott Bessent made clear that he expects Japan to stop importing Russian energy. At…

TSMC profit chart showing quarterly earnings growth driven by AI chip demand and advanced semiconductor production

TSMC Profit Report: Q3 Earnings Jump 39% on Soaring AI Chip Demand

The TSMC Profit surge stunned markets this week. Taiwan Semiconductor Manufacturing Company reported a 39.1% jump in third-quarter net income, pushing record quarterly profit as demand for AI chips climbs.  Consolidated revenue hit NT$989.92 billion and net income reached NT$452.30 billion, handily beating forecasts. The earnings beat underlines how AI data centers and cloud computing…