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Month: October 2024

Posted on 02/10/2024

IPO Alert: Chipmaker Cerebras Systems Files to Go Public on Nasdaq Exchange

Cerebras Systems, an artificial intelligence (AI) chipmaker that competes head-to-head with Nvidia ($NVDA), has filed to hold an initial public ...

Posted on 02/10/2024

Taiwan Expands Digital Asset ETF Access for Professional Investors

Taiwan’s Financial Supervisory Commission (FSC) has made a significant move by officially allowing professional investors to participate in “foreign virtual asset” exchange-traded funds (ETFs). This ...

Posted on 02/10/2024

Seagrass Community Project Takes Root in Taiwan’s Outlying Penghu Islands – TaiwanPlus News

Marine scientists are teaming up with local communities in Penghu to revive seagrass populations lost due to the impact of undersea excavation projects. There's hope that restoring marine plants will ...

Posted on 02/10/2024

Ex-FAT boss sentenced to 14 years for embezzlement

The Taipei District Court on Monday sentenced Chang Kang-wei (張綱維), former chairman of the now-defunct Far Eastern Air Transport Corp (FAT, 遠東航空), to 14 years in prison after finding him guilty of ...

Posted on 02/10/2024

Taiwan shuts schools and offices ahead of likely direct hit from powerful typhoon

Taiwan closed schools and offices and evacuated hundreds from vulnerable areas around the island ahead of a strong typhoon expected to hit its populated western coast.

Posted on 02/10/2024

Taiwan Braces for Typhoon Krathon: Evacuations and Closures in Effect

Taiwan is preparing for the impact of Typhoon Krathon by closing schools and offices, evacuating hundreds, and mobilizing troops. The typhoon, with winds of up to 198 kph, is expected to hit the ...

Posted on 01/10/2024

Starlux Airlines targets Asia-Pacific hub status as AI boom fuels cargo surge, eyes 2024 October IPO

Starlux Airlines is poised to capitalize on strong global demand in passenger and cargo markets, projecting growth through 2025. The airline, which has been operating for six years, is set to list on ...

Posted on 01/10/2024

Typhoon Krathon Shuts Taiwan’s $2.5 Trillion Stock Market

Taiwan will close its $2.5 trillion stock market as Super Typhoon Krathon approaches the island with strong winds and heavy rain.

Posted on 01/10/2024

Taiwan Semiconductor’s 2-Nm Breakthrough Puts Taiwan a Decade Ahead of China’s Semiconductor Industry: Report

Taiwan Semiconductor's advanced technology semiconductor manufacturing leads China by a decade, driven by its 2-nm progress. TSM stock up 0.93% at $175.28.

Posted on 01/10/2024

Taiwan’s financial regulator permits professional investors to invest in digital asset ETFs

Taiwan’s financial regulator allows professional investors to invest in “foreign virtual asset” exchange-traded funds (ETFs) through a re-entrustment service.

Posted on 01/10/2024

Innovative Gas-Fired Power Station Supports Taiwan’s Need for More Energy

A GE Vernova-led project, completed in just 10 months, is helping Taiwan’s efforts for a more reliable power supply, along with supporting the integration of renewable energy resources in the country.

Posted on 01/10/2024

Foxconn says execs from Nvidia, Google, BMW will speak at its annual forum

Foxconn, the world's largest contract electronics maker, said on Tuesday that executives from companies including Nvidia, Google and BMW will speak at its annual tech day forum next week. Foxconn , ...

Posted on 01/10/2024

Chip Hub Taiwan to Raise Power Prices from Mid-October

Taiwan, home to some of the world’s biggest chipmakers, will raise its electricity rates again from mid-October in a move that will impact the island’s industrial users.Most Read from BloombergA 7,000 ...

Posted on 01/10/2024

Troops mobilised as Taiwan warns of storm surge from powerful Typhoon Krathon

Taiwan mobilised nearly 40,000 troops on Tuesday to bolster rescue efforts as the powerful Typhoon Krathon approaching its populous southwest coast is expected to bring a storm surge and the coast ...

Posted on 01/10/2024

KMT Taipei City councilor freed on bail in surveillance system scandal

TAIPEI (Taiwan News) – Taipei City Councilor Chen Chung-wen (陳重文) was freed on bail of NT$8 million (US$251,000) Tuesday (Oct. 1) after being charged in a kickback scandal involving a cloud-based ...

Posted on 01/10/2024

Taiwan warns of storm surge from powerful Typhoon Krathon, mobilises troops

By Yimou Lee, Fabian Hamacher and Ann Wang KAOHSIUNG, Taiwan (Reuters) -Taiwan mobilised nearly 40,000 troops on Tuesday to be on standby for rescue efforts as powerful Typhoon Krathon approached its populous southwest coast,

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