let's get some of the day's other news. semiconductor maker global foundries aims to raise more than $2 billion in its initial public offering, according to a reuters report. this gives it a valuation of around $26 billion, one of the biggest stock market debuts in the us this year. the chip—maker is the world's third largest by revenue, trailing behind taiwan's tsmc, and with samsung of course in first place. us car—maker ford has posted a drop in quarterly profits. but analysts had expected that because of a global chip shortage that has dented productions for global car—makers. ford's third quarter results were still nearly double of what analysts had estimated. samsung, the world's biggest chip and smartphone maker, saw operating profits for the july to september quarterjump nearly by 30% — the highest in three years. let's go to our asia