SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy

The Smart Investor2022-10-15

Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

262

Report

Comment（19）

ccwee
·2022-10-17
read
Reply
1
Report
Fold Replies
- ccwee:
  k
  2022-10-17
  Reply
  Report
- ccwee:
  k
  2022-10-17
  Reply
  Report
- ccwee:
  k
  2022-10-17
  Reply
  Report
View more 2 comments
LEESIMON
·2022-10-16
ok
Reply
Like
Report
HarimauJago
·2022-10-15
👍
Reply
2
Report
Cherry16
·2022-10-15
Great
Reply
1
Report
JohnL
·2022-10-15
Ok
Reply
4
Report
Joyus
·2022-10-15
👍
Reply
3
Report
CL777
·2022-10-15
Ok
Reply
4
Report
Fold Replies
- CL777:
  [Smile][Smile]
  2022-10-21
  Reply
  Report
- Choonhowe:
  Ok
  2022-10-15
  Reply
  Report
Andy Fong
·2022-10-15
Ok
Reply
9
Report
Soyabean89
·2022-10-15
F this biden bs. As crappy as bush jr. Post chip act, what made this senile old fool able to prevent export of consumerable such as gaming pc, EVs and console that contains the chips? They have the money, they can buy n extract out the core at higher price and resume their ambition
Reply
6
Report
Fold Replies
- Fenger1188:
  👍🏻
  2022-10-16
  Reply
  Report
- Snoopymint:
  Hi 5
  2022-10-16
  Reply
  Report
Bonghanhuei
·2022-10-15
Ok
Reply
7
Report
RSI
·2022-10-15
Share your opinion about this news…
Reply
2
Report
JeffTai
·2022-10-15
Ok
Reply
8
Report
AlanChong
·2022-10-15
Ok
Reply
5
Report
Dragonbody
·2022-10-15
[Miser]
Reply
8
Report
Fold Replies
- Bonghanhuei:
  ok
  2022-10-15
  Reply
  Report
- nanehz07:
  ok
  2022-10-15
  Reply
  Report
SPOT_ON
·2022-10-15
[Put] [Put] [Put] [Put]
Reply
6
Report
jace0777
·2022-10-15
Ok
Reply
6
Report
Fold Replies
- JeffTai:
  ok
  2022-10-15
  Reply
  Report
Shirley Soh
·2022-10-15
Ok
Reply
4
Report
Fold Replies
- missychatty:
  Ok
  2022-10-15
  Reply
  Report
V.lye
·2022-10-15
Ok
Reply
4
Report
V.lye
·2022-10-15
Ok
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1155813758?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-10-15 07:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1155813758","market":"sg","top_or_hot":-1,"title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","media":"The Smart Investor","content":"<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Source Link</a>\n\n</div>\n","source":"lsy1602567310727","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","article_id":"1155813758","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","pubTimestamp":1665790466,"sourceInfo":{"source_id":"lsy1602567310727","name":"The Smart Investor"},"weMediaInfo":null,"summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","collect":0,"end_time":0,"defaultTopTitle":"thesmartinvestor.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"新交所每周评论：台积电削减开支、美国通胀数据和MAS调整汇率政策","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9989836002,"gmtCreate":1665966717006,"gmtModify":1676537683957,"author":{"id":"3581829959470650","authorId":"3581829959470650","name":"ccwee","avatar":"https://static.tigerbbs.com/652d99331e3c23c682d7e58cfc9f6544","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581829959470650","authorIdStr":"3581829959470650"},"htmlText":"read","listText":"read","text":"read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":16,"repostSize":0,"link":"https://ttm.financial/post/9989836002","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104376410,"gmtCreate":1665966811403,"gmtModify":1665966815190,"authorId":3581829959470650,"author":{"id":3581829959470650,"idStr":"3581829959470650","authorId":3581829959470650,"name":"ccwee","avatar":"https://static.tigerbbs.com/652d99331e3c23c682d7e58cfc9f6544","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.42%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9989836002,"type":1,"supId":0,"prevId":0,"content":"k","text":"k","html":"k"},{"id":104376407,"gmtCreate":1665966806038,"gmtModify":1665966809161,"authorId":3581829959470650,"author":{"id":3581829959470650,"idStr":"3581829959470650","authorId":3581829959470650,"name":"ccwee","avatar":"https://static.tigerbbs.com/652d99331e3c23c682d7e58cfc9f6544","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.42%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9989836002,"type":1,"supId":0,"prevId":0,"content":"k","text":"k","html":"k"},{"id":104376406,"gmtCreate":1665966800706,"gmtModify":1665966804154,"authorId":3581829959470650,"author":{"id":3581829959470650,"idStr":"3581829959470650","authorId":3581829959470650,"name":"ccwee","avatar":"https://static.tigerbbs.com/652d99331e3c23c682d7e58cfc9f6544","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.42%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9989836002,"type":1,"supId":0,"prevId":0,"content":"k","text":"k","html":"k"},{"id":104376405,"gmtCreate":1665966793879,"gmtModify":1665966797493,"authorId":3581829959470650,"author":{"id":3581829959470650,"idStr":"3581829959470650","authorId":3581829959470650,"name":"ccwee","avatar":"https://static.tigerbbs.com/652d99331e3c23c682d7e58cfc9f6544","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.42%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9989836002,"type":1,"supId":0,"prevId":0,"content":"k","text":"k","html":"k"},{"id":104376402,"gmtCreate":1665966787379,"gmtModify":1665966791127,"authorId":3581829959470650,"author":{"id":3581829959470650,"idStr":"3581829959470650","authorId":3581829959470650,"name":"ccwee","avatar":"https://static.tigerbbs.com/652d99331e3c23c682d7e58cfc9f6544","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.42%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9989836002,"type":1,"supId":0,"prevId":0,"content":"k","text":"k","html":"k"}],"langContent":"EN"},{"id":9989330783,"gmtCreate":1665900148542,"gmtModify":1676537677711,"author":{"id":"3579044609497336","authorId":"3579044609497336","name":"LEESIMON","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3579044609497336","authorIdStr":"3579044609497336"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9989330783","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9989038588,"gmtCreate":1665846209044,"gmtModify":1676537671662,"author":{"id":"4090652305002260","authorId":"4090652305002260","name":"HarimauJago","avatar":"https://static.tigerbbs.com/807c9216c5d2adb038501b5f31819879","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4090652305002260","authorIdStr":"4090652305002260"},"htmlText":"👍&nbsp;","listText":"👍&nbsp;","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9989038588","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980794472,"gmtCreate":1665808143396,"gmtModify":1676537668242,"author":{"id":"4087626579975990","authorId":"4087626579975990","name":"Cherry16","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4087626579975990","authorIdStr":"4087626579975990"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980794472","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980477064,"gmtCreate":1665804155659,"gmtModify":1676537667518,"author":{"id":"3570369418287680","authorId":"3570369418287680","name":"JohnL","avatar":"https://community-static.tradeup.com/news/20db2fa4f65cb04a8d837d400a1b5d7b","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3570369418287680","authorIdStr":"3570369418287680"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980477064","repostId":1155813758,"repostType":2,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980417598,"gmtCreate":1665796200314,"gmtModify":1676537665428,"author":{"id":"3574397806525082","authorId":"3574397806525082","name":"Joyus","avatar":"https://static.tigerbbs.com/be788755f764f5e5e5cb1d49eec190f0","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3574397806525082","authorIdStr":"3574397806525082"},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980417598","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980415917,"gmtCreate":1665795868839,"gmtModify":1676537665357,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9980415917","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104440494,"gmtCreate":1666311415688,"gmtModify":1666311418919,"authorId":3560241002253187,"author":{"id":3560241002253187,"idStr":"3560241002253187","authorId":3560241002253187,"name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.20","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980415917,"type":1,"supId":104361049,"prevId":0,"content":"[Smile][Smile]","text":"[Smile][Smile]","html":"[Smile][Smile]"},{"id":104361049,"gmtCreate":1665834093048,"gmtModify":1665834096506,"authorId":3581585065847040,"author":{"id":3581585065847040,"idStr":"3581585065847040","authorId":3581585065847040,"name":"Choonhowe","avatar":"https://static.tigerbbs.com/e205c06eb09cb6cd66cc8713af71f27f","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980415917,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":9980437229,"gmtCreate":1665795084861,"gmtModify":1676537665110,"author":{"id":"4102500744621190","authorId":"4102500744621190","name":"Andy Fong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4102500744621190","authorIdStr":"4102500744621190"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980437229","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980435943,"gmtCreate":1665794714083,"gmtModify":1676537665032,"author":{"id":"3550998686387787","authorId":"3550998686387787","name":"Soyabean89","avatar":"https://community-static.tradeup.com/news/eb77581e98e9ecdbe378a1373a31b0e9","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3550998686387787","authorIdStr":"3550998686387787"},"htmlText":"F this biden bs.&nbsp; As crappy as bush jr. Post chip act, what made this senile old fool able to prevent export of consumerable such as gaming pc, EVs and console that contains the chips? They have the money, they can buy n extract out the core at higher price and resume their ambition&nbsp;","listText":"F this biden bs.&nbsp; As crappy as bush jr. Post chip act, what made this senile old fool able to prevent export of consumerable such as gaming pc, EVs and console that contains the chips? They have the money, they can buy n extract out the core at higher price and resume their ambition&nbsp;","text":"F this biden bs. As crappy as bush jr. Post chip act, what made this senile old fool able to prevent export of consumerable such as gaming pc, EVs and console that contains the chips? They have the money, they can buy n extract out the core at higher price and resume their ambition","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9980435943","repostId":1155813758,"repostType":2,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104373185,"gmtCreate":1665933955704,"gmtModify":1665933959494,"authorId":4088149090977750,"author":{"id":4088149090977750,"idStr":"4088149090977750","authorId":4088149090977750,"name":"Fenger1188","avatar":"https://static.tigerbbs.com/184410bf08b3311824fc2e583144b220","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.19","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.05","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":9980435943,"type":1,"supId":0,"prevId":0,"content":"👍🏻","text":"👍🏻","html":"👍🏻"},{"id":104367278,"gmtCreate":1665889000426,"gmtModify":1665889004613,"authorId":3583366743540214,"author":{"id":3583366743540214,"idStr":"3583366743540214","authorId":3583366743540214,"name":"Snoopymint","avatar":"https://static.tigerbbs.com/7c23b9b28062a0e2d82ce3ce492a6a83","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980435943,"type":1,"supId":0,"prevId":0,"content":"Hi 5","text":"Hi 5","html":"Hi 5"}],"langContent":"EN"},{"id":9980433693,"gmtCreate":1665794219113,"gmtModify":1676537664902,"author":{"id":"3581734044994294","authorId":"3581734044994294","name":"Bonghanhuei","avatar":"https://static.tigerbbs.com/c688d7ad40c511adab3aa29cdc4befc5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581734044994294","authorIdStr":"3581734044994294"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980433693","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980439279,"gmtCreate":1665794139991,"gmtModify":1676537664871,"author":{"id":"3556488292377373","authorId":"3556488292377373","name":"RSI","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3556488292377373","authorIdStr":"3556488292377373"},"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980439279","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980439891,"gmtCreate":1665794090514,"gmtModify":1676537664854,"author":{"id":"3581504334066898","authorId":"3581504334066898","name":"JeffTai","avatar":"https://static.tigerbbs.com/eaf357935d6e8ef3744f3d94312f0a64","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581504334066898","authorIdStr":"3581504334066898"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980439891","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980495719,"gmtCreate":1665793730031,"gmtModify":1676537664731,"author":{"id":"4125148185432112","authorId":"4125148185432112","name":"AlanChong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":0,"idStr":"4125148185432112","authorIdStr":"4125148185432112"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980495719","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980495494,"gmtCreate":1665793726418,"gmtModify":1676537664731,"author":{"id":"4109052217286120","authorId":"4109052217286120","name":"Dragonbody","avatar":"https://community-static.tradeup.com/news/8c619fa4bf1941f68f7764c4f6441991","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4109052217286120","authorIdStr":"4109052217286120"},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9980495494","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104354032,"gmtCreate":1665794225755,"gmtModify":1665794229061,"authorId":3581734044994294,"author":{"id":3581734044994294,"idStr":"3581734044994294","authorId":3581734044994294,"name":"Bonghanhuei","avatar":"https://static.tigerbbs.com/c688d7ad40c511adab3aa29cdc4befc5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980495494,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":104354026,"gmtCreate":1665794187080,"gmtModify":1665794190735,"authorId":4090062734790350,"author":{"id":4090062734790350,"idStr":"4090062734790350","authorId":4090062734790350,"name":"nanehz07","avatar":"https://static.itradeup.com/news/038022539ff9e1b6fe247128b5ed9782","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980495494,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":9980402249,"gmtCreate":1665792850182,"gmtModify":1676537664421,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1,"idStr":"3582922989777578","authorIdStr":"3582922989777578"},"htmlText":"[Put]&nbsp;[Put]&nbsp;[Put]&nbsp;[Put]&nbsp;","listText":"[Put]&nbsp;[Put]&nbsp;[Put]&nbsp;[Put]&nbsp;","text":"[Put] [Put] [Put] [Put]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980402249","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980403073,"gmtCreate":1665792346793,"gmtModify":1676537664279,"author":{"id":"4121030739638162","authorId":"4121030739638162","name":"jace0777","avatar":"https://community-static.tradeup.com/news/ab091d01808735480e16e2dfd3a8a78f","vip":2,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":7,"crmLevelSwitch":1,"idStr":"4121030739638162","authorIdStr":"4121030739638162"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9980403073","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104354013,"gmtCreate":1665794098846,"gmtModify":1665794102101,"authorId":3581504334066898,"author":{"id":3581504334066898,"idStr":"3581504334066898","authorId":3581504334066898,"name":"JeffTai","avatar":"https://static.tigerbbs.com/eaf357935d6e8ef3744f3d94312f0a64","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980403073,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":9980409790,"gmtCreate":1665792345010,"gmtModify":1676537664279,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9980409790","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104354986,"gmtCreate":1665797819715,"gmtModify":1665797822936,"authorId":3560333139103013,"author":{"id":3560333139103013,"idStr":"3560333139103013","authorId":3560333139103013,"name":"missychatty","avatar":"https://static.tigerbbs.com/d75cdb42cbca99e3666b7b1796540245","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980409790,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":9980409012,"gmtCreate":1665792203036,"gmtModify":1676537664245,"author":{"id":"4088902048392220","authorId":"4088902048392220","name":"V.lye","avatar":"https://static.tigerbbs.com/7233306780623a2802ebfc0893c0cc52","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"4088902048392220","authorIdStr":"4088902048392220"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980409012","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980400692,"gmtCreate":1665792074516,"gmtModify":1676537664229,"author":{"id":"4088902048392220","authorId":"4088902048392220","name":"V.lye","avatar":"https://static.tigerbbs.com/7233306780623a2802ebfc0893c0cc52","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"4088902048392220","authorIdStr":"4088902048392220"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980400692","repostId":1155813758,"repostType":4,"repost":{"id":"1155813758","pubTimestamp":1665790466,"share":"https://ttm.financial/m/news/1155813758?lang=&edition=fundamental","pubTime":"2022-10-15 07:34","market":"sg","language":"en","title":"SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155813758","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate dev","content":"<html><head></head><body>Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.</body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-tsmc-cuts-spending-us-inflation-data-and-mas-adjusts-its-exchange-rate-policy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155813758","content_text":"Welcome to the latest edition of top stock market highlights where we cover the latest corporate developments as well as other interesting business news.Taiwan Semiconductor Manufacturing Co. Ltd (TPE: 2330)Taiwan Semiconductor Manufacturing Co., or TSMC, is the world’s largest contract chip manufacturer and also the largest listed company in Taiwan.In a sign of possible weakness for the technology industry, TSMC slashed its capital spend target for 2022 by 10%.The company now expects to spend around US$36 billion, down from about US$40 billion previously.This reduction shows that the world’s largest chip manufacturer is bracing for a slowdown in demand from various sectors such as smartphones, servers, and electric vehicles.To make matters worse, the US government had also imposed restrictions on TSMC and its peers from doing business in China.These moves are designed to stymie China’s attempts at developing superior technological capabilities as the US views the Middle Kingdom as a credible threat.Unfortunately, this protectionist attempt will only serve to exacerbate supply chain disruptions that were already widespread due to the lingering effects of the pandemic.TSMC produces microchips for blue-chip global names such as Qualcomm(NASDAQ: QCOM), Apple(NASDAQ: AAPL) and Nvidia(NASDAQ: NVDA).Closer to home, the fortunes of companies that are tied to the semiconductor cum electronics sectors may be negatively impacted.Some examples are stocks such as electronic component manufacturer Micro-Mechanics (Holdings) Ltd (SGX: 5DD), test-handler AEM Holdings Ltd (SGX: AWX), blue-chip contract manufacturer Venture Corporation Limited (SGX: V03), and semiconductor component manufacturer UMS Holdings Limited (SGX: 558).US inflation dataInflation data from the US has never been more closely watched by investors.The US Federal Reserve has undertaken three consecutive rate hikes of 0.75 percentage points each to tame runaway inflation that is running at a four-decade high.In light of surging interest rates, perhaps the fixation on this economic metric isn’t that surprising after all.Unfortunately, US consumer prices rose more than forecast, keeping up the pressure on the central bank to continue raising rates.The core consumer price index (CPI) rose 6.6% year on year, the highest since 1982, while the overall CPI climbed 8.2%, albeit falling slightly from the 8.3% logged in August.This sobering piece of news, coupled with a jobs report last week that suggested the US economy was strong enough to withstand higher rates, has all but cemented expectations of yet another sharp rate hike when the Federal Reserve meets in early November.There may even be a five such increase in December when the central bank meets for the final time this year.The current policy rate stands between 3% to 3.25%.A November hike of 0.75 percentage points will bring this range to between 3.75% to 4%, and if December sees a fifth consecutive three-quarter percentage point increase, it will bring interest rates to a range of 4.5% to 4.75% by end-2022.The Monetary Authority of Singapore’s policy shiftSpeaking of rate hikes, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is making some moves of its own.The MAS announced that it will “re-centre” the mid-point of the SGD nominal effective exchange rate (S$NEER) to its prevailing level.This move will reduce imported inflation and help to buffer domestic price pressures.Singapore’s central bank has already tweaked monetary policy three times this year, and this fourth move shows its commitment to ensuring price stability.Still, core inflation is likely to hover around 5% for the remainder of this year and spill over into early 2023.For the whole of next year, core inflation is projected to remain fairly high at between 3.5% to 4.5%.The MAS has also warned that events such as geopolitical tensions could result in higher-than-expected inflation and cause some economies to tip into a recession.Investors need to brace for a possible recession in Singapore as the country is reliant on external trade and will not be insulated from headwinds should other developed nations witness a downturn.If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Clickhereto get started.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":262,"commentSize":19,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}