Jonathan Custer

Copper Prices Bounce On China Stimulus

February 18, 2020 by Jonathan Custer

Copper prices hit a three-week high this morning as China, the world’s largest copper consumer, lowered a key interest rate to cushion the impact from the coronavirus outbreak. China’s central bank lowered the rate on a one-year medium-term lending facility (MLF) loans. Policymakers said on Saturday Chinese lenders will tolerate a higher level of bad …

Tesla Hardware 3: “It could end the auto industry supply chain as we know it”

February 17, 2020 by Jonathan Custer

Toyota and Volkswagen each sell over 10 million cars annually. Tesla delivered close to 370,000 in 2019. In terms of electronics technology, however, Tesla is light years ahead of the industry leaders. According to Nikkei, Tesla’s integrated central control unit, or “full self-driving computer,” also known as Hardware 3, is the company’s biggest advantage in …

Hon Hai Leads Revenue Decline Of Taiwan Stock Exchange Listed Companies

February 17, 2020 by Jonathan Custer

The combined revenue of companies listed on the Taiwan Stock Exchange (TWSE) fell 10.73 percent last month from a year earlier to NT$2.46 trillion (US$81.85 billion) due to weak demand and a high comparison base. This compares to the 0.98 percent growth a month earlier and a mild decline of 0.04 percent for last year, …