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The Taiwan Affairs Office of the State Council responded to TSMC's plan to increase its capital investment in its US subsidiary by US$20 billion.
Mars Finance reports that the Taiwan Affairs Office of the State Council held a regular press conference on the morning of July 8. A reporter asked: "It is reported that TSMC will invest an additional $20 billion in its US subsidiary to build a 12-inch wafer fab and an advanced packaging plant. This is the sixth time the Taiwan Economic Affairs Department has approved TSMC's investment in its US subsidiary, bringing the total approved investment to date to $44 billion. This has further heightened concerns in Taiwan about TSMC becoming 'US TSMC.' What is your comment on this?" Chen Binhua, spokesperson for the Taiwan Affairs Office, replied: "The DPP authorities are using TSMC's investment in the US as a pledge of allegiance to 'seek independence by relying on the US,' shamelessly clinging to the US and actively cooperating with the US to seize Taiwan's advantageous industries. They are sacrificing their industrial foundation and interests in exchange for so-called 'support.' The further they go down the wrong path, the more the concerns of the Taiwanese people will become a reality." (Cailian Press)
Former Tether chief investment officer plans to sell part of his 1.26% stake.
According to Odaily Odaily, former Tether Chief Investment Officer Richard Heathcote plans to sell a portion of his Tether stake, currently holding approximately 1.26%. The report states that PJT Partners is handling the secondary equity sale and is currently in talks with potential buyers. (The Block)
The Canada Pension Plan Investment Board will invest $1.75 billion to support EQT's expansion of its AI infrastructure.
BlockBeats reported on July 4th, citing Bloomberg, that the Canada Pension Plan Investment Board (CPP Investments) announced on Friday that it will invest $1.75 billion to support EQT AB's artificial intelligence infrastructure development. In its statement, CPP Investments indicated that the AI infrastructure expansion project will be led by EQT subsidiary EdgeConneX. Over the next few years, EdgeConneX plans to add more than 10 gigawatts (GW) of data center capacity to meet the growing demand for computing power infrastructure from artificial intelligence. Click the original link below to join the Beating · Lark AI news channel for 24/7 monitoring of global AI hotspots and news.
Amazon Launches Eight-Part U.S. Investment Grade Bond Issuance
According to Mars Finance, on July 7, Amazon (AMZN) announced the launch of an eight-part U.S. investment-grade bond issuance.
Ireland excludes crypto from new tax-advantaged investment accounts
Ireland’s planned investment accounts will offer tax benefits for stocks, bonds and ETFs, while excluding crypto and derivatives as higher-risk products.
Metaplanet Denies Selling $320M in Bitcoin as Firm Launches BitBonds
The company's CEO said a 5,014 BTC transfer was a custody move, not a sale, as the Tokyo-listed Bitcoin treasury company rolls out a fixed-rate debt program.