China becomes Japanese

China becomes Japanese

[ad_1] Stay informed with free updates Simply log in to the Global economy myFT Digest – delivered straight to your inbox. The “Japanification” of China remains a major theme, with many eerie parallels down to the stimulus measures. want. This is the latest symptom: Yes, 30-year government bond yields from China and Japan are about … Read more

TSMC raises revenue outlook in show of confidence in AI Boom

TSMC raises revenue outlook in show of confidence in AI Boom

[ad_1] (Bloomberg) — Taiwan Semiconductor Manufacturing Co. has raised its 2024 revenue growth target after quarterly results beat expectations, easing concerns about global chip demand and the sustainability of an AI hardware boom. Most read from Bloomberg Nvidia Corp.’s main chipmaker and Apple Inc. now expects sales to rise 30% this year, a sharp increase … Read more

Wipro Q2 Preview: Analysts expect mixed results with limited growth and margin stability – Wipro Q2 earnings today

Wipro Q2 Preview: Analysts expect mixed results with limited growth and margin stability – Wipro Q2 earnings today

[ad_1] Motilal Oswal expects flat sales in the second quarter due to macro impacts and continued weakness in the Communications, Manufacturing and Energy & Utilities sectors. Margins on IT services are expected to remain stable, with progress being made in offsizing low-margin businesses and low-potential accounts. Demand is expected to improve in the US, especially … Read more