The US sanctions against Huawei will not affect only the Chinese tech giant. Its supply chain partners, particularly , will also take a hit from trade restrictions taking effect in September on tech ... ( read original story ...)
Taiwan says planned stimulus coupons could boost consumer spending by $3 bln
Taiwan said on Tuesday that planned "stimulus coupons" for its coronavirus-hit economy could boost consumer spending by T$100 billion ($3.3 billion) this year. Adds detail, quote from premier, ... ( read original story ...)
Carrefour To Buy Wellcome Taiwan From Dairy Farm For EUR 97 Mln – Quick Facts
Tuesday said it has agreed to acquire Wellcome Taiwan from Dairy Farm for 97 million euros in enterprise value. The deal involves 224 proximity stores in quality locations as well as a warehouse, ... ( read original story ...)
Taiwan says planned stimulus coupons could boost consumer spending by $3 billion
Taiwan said on Tuesday that planned "stimulus coupons" for its coronavirus-hit economy could boost consumer spending by T$100 billion ($3.3 billion) this year. ( read original story ...)
France’s Carrefour buys 224 convenience stores in Taiwan
French retailer Carrefour said on Tuesday it had agreed to buy Wellcome Taiwan from Dairy Farm, as it further expands its footprint in Taiwan and in the fast-growing convenience stores format. The ... ( read original story ...)
Carrefour accelerates its expansion with the acquisition of 224 proximity stores in Taiwan
Carrefour (Paris:CA) has entered into an agreement with Dairy Farm to acquire Wellcome Taiwan, consolidating its position as the leading multi-format food retailer in that market. The transaction ... ( read original story ...)
Taiwan remains sanguine despite Beijing sabre-rattling
If Hong Kong falls, we don’t know what’s going to be next — it might be Taiwan,” Joseph Wu, the country’s foreign minister, said in an interview with Fox News last week, referring to the new security ... ( read original story ...)
Asia stocks make cautious gains, weighed down by worries over US-China relations
Asian stocks eked out gains on Tuesday as investors' focus on the prospects of a global coronavirus recovery won out over familiar worries about Sino-US relations and the depth of economic damage. ( read original story ...)
Taiwan Stock Market Has A Green Light For Tuesday’s Trade
The Taiwan stock market on Monday snapped the two-day slide in which it had fallen more than 70 points or 0.6 percent. The Taiwan Stock Exchange now rests just shy of the 11,080-point plateau and it ... ( read original story ...)
Taiwan Billionaire K.C. Liu’s Son Joins Advantech Board
The son of one of Taiwan’s wealthiest tech entrepreneurs has joined the board of his father’s flagship business. Lesley Liu, 37, joined the board of Advantech on May 28, according to a company ... ( read original story ...)
Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan ... ( read original story ...)
Watch a Tesla Model 3 drive into a flipped truck on a Taiwan highway
Today, a video that surfaced on Twitter shows a Tesla Model 3 driving, without waiver or interruption, directly into a flipped-over truck on the highway. The clip, which occurred in Taiwan, has some ... ( read original story ...)
Home-Made U.S. Chip Technology Is Behind
Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung have both perfected seven nanometer (7 nm) chip processes, whereas Intel is still stuck on its 10 nm process. ( read original story ...)
HK’s moment of truth; and China’s
For decades before the coronavirus emerged from Wuhan and exploded in the rest of the world, China has been waging a cold war against the US and the West on a number of fronts: trade and economics, ... ( read original story ...)
Virus Outbreak: Asia’s factory pains deepen amid slump
Asia’s factory pain deepened last month as the slump in global trade caused by the COVID-19 pandemic worsened, with export powerhouses Japan and South Korea suffering the sharpest declines in business ... ( read original story ...)
Artist Christo dies, aged 84
The artist known as Christo, who made his name transforming landmarks, such as Germany’s Reichstag, by covering them with reams of cloth, died on Sunday, aged 84, his official Facebook page announced. ( read original story ...)