"Taiwan Semiconductor Firms Expand to Japan Amid China Decoupling"
Taiwan's chip companies are increasingly turning to Japan as the decoupling from China accelerates, with firms like Semiconductor Manufacturing International Corp (SMIC) and Huawei Technologies receiving significant local government funding in China. Meanwhile, Canada's oil producers expect the Trans Mountain pipeline expansion to provide short-term relief for their crude discounts, while the US faces a need for continued investments in semiconductor manufacturing to meet the demand from artificial intelligence technologies. Additionally, pharmaceutical giant AbbVie Inc. plans to sell at least $13 billion of corporate bonds to fund its acquisitions, and the US Food and Drug Administration warns against smartwatches and rings that claim to measure blood sugar levels without needles.
