Post Holdings is working with bankers to explore the merger with Lamb Weston.On Friday (December 13th), the won finally fell by 0.38% to 1,435.34 won against the US dollar, approaching the bottom of 1,444.09 won on December 4th, when the "curfew farce night" appeared, with a cumulative drop of 0.87% this week. South Korea's ETF EWY, which is listed in the US, is currently up 0.70% to $55.87, and has risen 1.65% so far this week.US stocks closed mixed. Broadcom rose more than 24%, and its market value broke through one trillion dollars. US stocks closed mixed. The Dow fell 0.20%, falling for the seventh consecutive trading day, the Nasdaq rose 0.12%, and the S&P 500 index was flat. This week, the Dow fell 1.82%, the S&P 500 index fell 0.64% and the Nasdaq rose 0.34%. Broadcom rose more than 24%, and its market value exceeded $1 trillion for the first time. Broadcom's AI revenue increased by 220% to US$ 12.2 billion this year. It is estimated that the revenue of AI products will increase by 65% in the first fiscal quarter of fiscal year 2025. Maiwell Technology rose nearly 11%, and its share price reached a record high, because its big competitor Broadcom released an optimistic revenue forecast. TSMC rose by 5%. According to industry sources, TSMC is committed to integrating CoWoS and SiPh, seeking to launch co-packaged optical devices (CPO) in 2026. In addition, Apple cooperates with Broadcom to develop AI chips, and TSMC's advanced process will welcome big orders again. Tesla rose more than 4%, continuing to hit a record high. The report said that the Trump transition team proposed to abolish the current general order requiring automakers to report accidents related to autonomous driving systems.
WTI crude oil futures closed up $1.27, or more than 1.81%, to $71.29/barrel, approaching the closing price of $71.96 on November 7, with a cumulative increase of more than 6.08% this week.There are about 50 cases of A-share cross-border semiconductor industry frequently this year. Recently, Youa, a leading department store retail enterprise, issued a plan saying that it intends to purchase 100% equity of Shenzhen Shangyangtong Technology Co., Ltd. by issuing shares and paying cash, and raise matching funds, thus entering the field of semiconductor power devices across the border. The target of the merger had previously applied for an IPO in science and technology innovation board, but the order had been withdrawn. After the resumption of trading of Youa shares, the company's share price has been unlimited for three consecutive days. Since the beginning of this year, A-share listed companies have seen an endless stream of M&A and investment cases around semiconductor industry chain projects and assets. As of December 13th, about 50 listed companies have disclosed relevant major asset restructuring plans or investment progress. In addition to Youa shares, listed companies such as Shuangcheng Pharmaceutical, Yanggu Huatai, Baiao Chemical and Guangzhi Technology have also chosen cross-border mergers and acquisitions and laid out semiconductor industry chains. (SSE)Turkish Foreign Minister: With the stability of the situation in Syria, the number of Syrians returning to their country will gradually increase.
A sustained attack on a refugee camp in western Sudan has killed 57 people. On December 13th, local time, Ibrahim Khater, Minister of Health of Northern Darfur in western Sudan, said that since December 1st, Zazam refugee camp south of El Fasher, the capital of Northern Darfur, has been continuously shelled, which has so far killed 57 civilians and injured 376 others.Trump said that the Republican Party will do its best to cancel daylight saving time. "The Republican Party will do its best to cancel daylight saving time. There are not many supporters of daylight saving time, but it should not be like this, "President-elect Donald Trump said in a post on Truth Social.Canadian Finance Minister: If the United States imposes unreasonable tariffs, Canada will respond strongly.