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Category: FINANCE

Posted on 05/05/2024

Soldier’s experience underscores rising Chinese threat towards Taiwan

TAIPEI (Taiwan News) — A Financial Times report on Thursday (May 2) highlighted the increasing Chinese threat towards Taiwan through the military experience of an Indigenous soldier.

Posted on 04/05/2024

China’s Zeekr seeks up to $5.13 billion valuation in US IPO

(Reuters) -Electric vehicle maker Zeekr Intelligent Technology Holding said on Friday it was targeting a valuation of up to $5.13 billion in its U.S. initial public offering (IPO), the first major ...

Posted on 04/05/2024

Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows

Those shares were equivalent to 61.5% of the share class, based on a calculation that includes factors such as the right to acquire more shares by exercising stock options and the conversion of Class ...

Posted on 04/05/2024

Ibotta’s IPO opens sharply higher, hinting at warming public-market interest in tech shares

Ibotta began its path as a public company on Thursday by opening at $117 per share, a big increase from its IPO price of $88, itself an increase from its proposed range of $76 to $84 per share.

Posted on 04/05/2024

Gudeng Equipment tentatively sets IPO price of NT$216.8

Yuanta Securities Co (元大證券) is underwriting the initial public offering (IPO). Gudeng Equipment Co chairman Bill ... Industrial Co (家登精密), the sole EUV pod supplier to Taiwan Semiconductor ...

Posted on 04/05/2024

Exclusive: India’s Ola Cabs plans $500 million IPO, to appoint banks soon, sources say

Indian ride-hailing firm Ola Cabs is planning an initial public offering (IPO) to raise $500 million at a company valuation of about $5 billion, three sources with direct knowledge of the matter told ...

Posted on 04/05/2024

ShipBob Picks JPMorgan to Lead IPO As Soon As Late 2024

E-commerce fulfillment service provider ShipBob Inc. has chosen JPMorgan Chase & Co. to lead its planned initial public offering, people familiar with the situation said. Most Read from BloombergElon ...

Posted on 04/05/2024

China publicizes for the first time what it claims is a 2016 agreement with Philippines

TAIPEI, Taiwan (AP) — For the first time ... it to “fulfill its own political agenda,” forcing China to take action, the statement said. The finance board in Greenwich will gather again on Tuesday in ...

Posted on 03/05/2024

AI Craze Fuels Taiwan ETF Boom, Raising ‘Concerns’ Over Market Stability: ‘How Much Higher Can They Go?’

The AI frenzy is driving a surge in Taiwan's ETF market, raising concerns among analysts and regulators about the market's stability.

Posted on 03/05/2024

Are the Markets Ready If China Invades Taiwan?

During Covid we all learned how dependent the U.S. is on imports from China. It is also well known that China and Taiwan help finance the U.S. deficit through purchase of U.S. Treasuries. Less ...

Posted on 03/05/2024

RPT-Stay alert: Quake warning app demand surges in earthquake-rattled Taiwan

TAIPEI, May 3 (Reuters) - Earthquake warning smartphone apps have surged in popularity in Taiwan due to high demand from people eager to get a few extra seconds to take cover after more than 1,300 ...

Posted on 02/05/2024

Taiwan approves US$878 million for quake relief

TAIPEI: Taiwan's government on Thursday (May 2) approved around US$878 million for earthquake relief after a massive quake last month killed at least 17 people and damaged buildings and infrastructure ...

Posted on 02/05/2024

Taiwan approves $878mln for quake relief

Taiwan's government on Thursday approved around $878 million for earthquake relief after a massive quake last month killed at least 17 people and damaged buildings and infrastructure.

Posted on 02/05/2024

Earthquake today: Magnitude 4.0 quake jolts Taiwan

An earthquake of magnitude 4.0 on the Richter scale rocked Taiwan at 15:51 pm (local time) on Thursday, according to the Central Weather Administration (CWA) data.The CWA stated that the epicentre of ...

Posted on 02/05/2024

TSMC’s first-quarter earnings projected to increase by 5% due to robust demand for AI chips.

TAIPEI— Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leader in advanced chip manufacturing, is gearing up to unveil its first-quarter earnings this Thursday, with expectations set for a ...

Posted on 01/05/2024

How China’s new Fujian aircraft carrier could challenge the mighty US navy for ocean supremacy as Beijing’s gold-buying spree sparks fears of war

More than $300 billion worth of Russian assets were frozen in Europe and the US - a huge financial blow as the Kremlin seeks to finance its ongoing war ... There have long been tensions between ...

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