At nearly 6% of GDP, a rescue of Saigon Commercial Bank is just shy of how much rich nations spent on bailouts during the financial crisis. The fallout will ripple through boardrooms around the world. The Asian country looks unstable as its importance in supply chains rises.
At nearly 6% of GDP, a rescue of Saigon Commercial Bank is just shy of how much rich nations spent on bailouts during the financial crisis. The fallout will ripple through boardrooms around the world. The Asian country looks unstable as its importance in supply chains rises.
Shares of Taiwan's $640 bln tech titan are up 36% this year thanks to its AI chip dominance. Yet they trade at a decade-high valuation discount to peers. Geopolitical risk is one factor, as are sluggish handset sales and over-expansion fears. All look out of TSMC's control.
