Emirates boss slams planemaker 'hand-wringing' over supply chain woes

China’s factory sector unexpectedly shrank in May, according to a private survey, marking a setback for the world’s second-largest economy. The drop was driven by weaker demand, both domestically and abroad, with U.S. tariffs still biting despite a recent pause in trade tensions.

Editor’s Note: This isn’t just a blip—it’s a warning sign. China’s manufacturing engine is sputtering, and if global demand stays soft or trade fights flare up again, it could ripple through supply chains and markets worldwide. For everyday folks, it might mean fewer jobs or slower growth in regions that rely on factories. Keep an eye on how Beijing responds—stimulus measures could be coming.

Taiwan Semiconductor Manufacturing Co. (TSMC) acknowledges that tariffs are affecting its business, but it’s not all bad news—demand for AI-related chips is still going strong. Basically, while trade policies are causing some headaches, the AI boom is keeping things afloat.

Editor’s Note: TSMC is a giant in the chipmaking world, so when it talks, tech and trade watchers listen. This update is a mixed bag: tariffs (think US-China tensions) are biting, but the insatiable hunger for AI tech is balancing things out. It’s a reminder of how geopolitical tussles and tech trends collide in the global supply chain—and why your next gadget might cost more.

TSMC's CEO acknowledges that trade tariffs are causing some headaches for the company, but he’s not too worried—demand for AI-related chips is still booming. Basically, while global trade tensions are a drag, the AI gold rush is keeping business strong.

Editor’s Note: TSMC is the world’s biggest chipmaker, so when its CEO talks, tech and trade watchers listen. This snippet highlights the push-and-pull in the industry right now: tariffs (think U.S.-China tensions) are a real issue, but AI’s explosive growth is more than making up for it. If you care about where tech is headed—or how global trade policies ripple through key industries—this matters.

Richard Koo, a top economist at Nomura, thinks the US dollar is likely to weaken—but don’t expect a sudden crash. He sees a gradual decline, not chaos, as global trade dynamics and bond yields play out. Koo shared his views at a major investment forum in Singapore, suggesting markets should brace for a softer dollar without panic.

Editor’s Note: A weaker dollar affects everything from vacation costs to corporate profits, so Koo’s take is a heads-up for businesses and investors. His "orderly decline" outlook hints at stability, which could ease nerves about wild market swings—but it’s still a sign that global money flows are shifting.

The Singapore dollar lost some ground against the US dollar during Asian trading hours, likely because traders were tweaking their portfolios—maybe locking in profits or rebalancing their bets. It’s one of those routine market moves, not necessarily tied to big economic news.

Editor’s Note: For everyday folks, this isn’t a red-alert moment—it’s more like a blip on the radar. But currency traders and businesses dealing with imports or exports might keep an eye on these shifts, since even small swings can add up when moving money across borders. If this turns into a longer trend, though, it could hint at changing investor confidence in Singapore’s economy.