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Posted on 15/05/2024

UPDATE 1-Taiwan says WHO should let it attend all its meetings

Taiwan Foreign Minister Joseph Wu called on the World Health Organization on Wednesday to allow the island to attend all its meetings if it is serious about its goal of "Health for All", ahead of a ...

Posted on 15/05/2024

Taiwan Bourse May Crack Resistance At 21,000 Points

The Taiwan stock market has tracked higher in three straight sessions, advancing almost 430 points or 2.1 percent along the way. The Taiwan Stock Exchange now sits just above the 20,985-point plateau ...

Posted on 15/05/2024

Taiwan Semi Set to Build $11B Chip Plant in Germany, Aiming for 2027 Production Start

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) announced it will begin constructing its first European semiconductor facility in Dresden, Germany, in the fourth quarter of 2024. At a conference in ...

Posted on 15/05/2024

Uber to acquire foodpanda’s Taiwan segment in $950M deal

Uber (UBER) has set its sights on acquiring food and grocery delivery platform foodpanda's Taiwan segment for $950 million. Foodpanda is owned by the Germany-based Delivery Hero (DHER.DE). Senior ...

Posted on 14/05/2024

Payment cards continue to dominate Taiwan e-commerce market, reveals GlobalData

While payment cards lead, use of alternative payment options, in particular LINE Pay Apple Pay and Google Pay are rising sharply ...

Posted on 14/05/2024

Apple supplier Foxconn’s Q1 profit jumps 72% but misses forecasts

Apple supplier Foxconn reported a 72% rise in first-quarter profit, boosted by strong demand for AI servers and coming off a low base from the same period a year earlier, but the growth was lower than ...

Posted on 14/05/2024

UPDATE 1-Uber to buy Delivery Hero’s foodpanda business in Taiwan for $950 mln

Ride-hailing company Uber will acquire Delivery Hero's foodpanda branded takeaway business in Taiwan for $950 million in cash, the companies said on Tuesday. Germany's Delivery Hero plans to ...

Posted on 14/05/2024

Uber Eats to Acquire Delivery Hero’s foodpanda Delivery Business in Taiwan

Uber Technologies, Inc. (NYSE: UBER) and Delivery Hero SE (FSE: DHER) have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash. The ...

Posted on 14/05/2024

Central bank has AI in its intervention corner

TAIPEI: As a strong US dollar drives up currency volatility across Asia, an artificial intelligence-fuelled tech boom has offered Taiwan some reprieve.

Posted on 14/05/2024

AI “Sweet Spot” Lifts Taiwan’s Main Stock Index To Record High

Among a slew of stock gainers in the past year, U.S.-traded shares in chipmaker Taiwan Semiconductor Manufacturing, or TSMC – whose clients include AI chip heavyweight Nvidia and Apple — on Friday ...

Posted on 13/05/2024

Saving 70% of water – New Irrigation System Revolutionizes Farming in Tropical Regions

In conclusion, AgriGaia's Underground Irrigation System represents a significant step towards sustainable agriculture in tropical regions, offering a promising solution for water conservation, soil ...

Posted on 13/05/2024

‘Impossible to buy a home’: Taiwan’s young workers struggle as wealth inequality grows

They want the new government to prioritise tackling stagnant wages and soaring housing prices. Read more at straitstimes.com.

Posted on 11/05/2024

Dow Jones Near Highs As Inflation Reports Loom; Taiwan Semi In Buy Zone, Tesla Round-Trips

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Inflation data will be key in the coming week.Please watch the video at Investors.com - This Consumer Giant ...

Posted on 11/05/2024

Taiwan banks’ SME loans rise to $303.6b in March

The NPL ratio remained at 0.24%. Loans extended by domestic banks in Taiwan to small and medium enterprises (SMES) amounted to about $303.6b (NT$9.86t) in March, rising by $1.73b (NT$56.2b) compared ...

Posted on 11/05/2024

Dow Jones Futures Rise; Nvidia’s Chipmaker, Taiwan Semi Rallies On Sales Surge; 5 AI Stocks Near Buy Points

Dow Jones futures rose modestly Friday morning, along with S&P 500 futures and Nasdaq futures. Nvidia chipmaker Taiwan Semiconductor reported strong April sales.Please watch the video at Investors.com ...

Posted on 11/05/2024

Chinese EV maker Zeekr’s shares indicated to open up to 24% above IPO price

Shares of Zeekr Intelligent Technology were indicated to open up to 24% above their initial public offering price on Friday, giving the China-based electric-vehicle maker a potential fully diluted ...

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