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Real-time News
EU High Representative for Foreign Affairs and Security Policy Karas: We hoped that the ceasefire agreement in Ukraine would be maintained, but so far we have not seen it be maintained.EU High Representative for Foreign Affairs and Security Policy Karas: We welcome the energy ceasefire in Ukraine, but it remains to be seen whether Russia will abide by it.October 12th - TSMC, the worlds largest advanced AI chip foundry, will release its third-quarter financial report on Thursday. Widely predicted, driven by the AI boom, TSMC is poised to achieve its sixth consecutive quarter of record-high profits. LSEG SmartEstimate, compiling forecasts from 16 analysts, indicates that TSMCs third-quarter net profit is expected to surge 65% year-on-year to NT$746.3 billion (US$23.4 billion). If net profit exceeds NT$706.56 billion, it will set a new record for the companys single-quarter net profit, marking its 11th consecutive quarter of profit growth. Last Thursday, TSMC released preliminary data showing that its third-quarter revenue reached NT$1.49 trillion (approximately US$46.7 billion), a 51% year-on-year increase, exceeding market expectations and setting a new record.According to Interfax news agency, the Russian Ministry of Defense stated that it attacked a ship carrying military cargo in the port of Odessa, Ukraine.October 12th - According to data from the China Passenger Car Association (CPCA), passenger vehicle exports (including complete vehicles and CKD kits) reached 917,000 units in September, a year-on-year increase of 73.7% and a month-on-month increase of 3.2%, accounting for 36% of passenger vehicle manufacturers sales (38% in the previous month, and 19% in the same period of 2025). New energy vehicles accounted for 60.8% of total exports in September, a significant increase of 21 percentage points compared to the same period last year. Exports of domestic brands reached 812,000 units in September, a year-on-year increase of 75%; exports of joint venture and luxury brands reached 105,000 units, a year-on-year increase of 62%.
