Paraguay's foreign ministry said on Thursday that the South American country's diplomatic ties with Taiwan were "excellent" and not conditional on extra investment, amid rising pressure from China to ... ( read original story ...)
Taiwan Spent $8.25 Billion to Hold Back Currency Depreciation in H1
TAIPEI (Reuters) - Taiwan's central bank said ... of the foreign exchange markets of small and open economies, affecting financial stability and prices. Short-term cross-border capital movement ... ( read original story ...)
Capital Outflows Likely ‘Temporary’, Taiwan Can Keep Markets Stable-Finance Minister
Speaking to Reuters in Manila on the sidelines of the Asian Development Bank's annual meeting, Su acknowledged concerns about capital outflows but pointed out Taiwan's central bank has publicly said ... ( read original story ...)
Export-led Taiwan signals weakening global demand in new omen of recession as WTO predicts trade downturn
Taiwan's National Development Council said its 'overall monitoring indicator' for the US$760 billion economy fell by one point in August to 23 World Trade Organization chief Ngozi Okonjo-Iweala calls ... ( read original story ...)
Taiwan spent $8.25 bln to hold back currency depreciation in H1
Taiwan's central bank said on Wednesday that in the first half of this year it sold a net $8.25 billion to intervene in the foreign exchange market to try and arrest the Taiwan dollar's devaluation, ... ( read original story ...)
UPDATE 1-Buttigieg backs Taiwan participation in UN civil aviation body
U.S. Transportation Secretary Pete Buttigieg called on Tuesday to allow Taiwan to participate in a U.N. body overseeing civil aviation, drawing criticism from the Chinese government. "We believe that ... ( read original story ...)
Should You Keep On Holding Your Taiwan Semiconductor (TSM) Shares?
RiverPark Funds, an investment management firm, published its “RiverPark Wedgewood Fund” second quarter 2022 investor letter – a copy of which can be downloaded here. For the second quarter of 2022, ... ( read original story ...)
If You Had Invested $5,000 in Nvidia Stock at Its IPO, Here’s How Much You’d Have Now
Nvidia held its IPO in January 1999, and the stock has since soared 29,700%. Nvidia holds more than 90% market share in workstation graphics and supercomputer accelerators, and its technology is the ... ( read original story ...)
Taiwan says it needs to be cautious on market stabilisation measures
Taiwan needs to give cautious consideration to market stabilisation measures as they are a "double-edged sword", the head of its financial regulator said on Tuesday, pointing to the past "extreme" ... ( read original story ...)
Taiwan Floats FX Controls, Short-Sale Ban If Outflows Worsen
Taiwan officials raised the prospect of foreign-exchange controls and a ban on stock short sales if capital outflows worsen significantly, underscoring growing concern among global policy makers over ... ( read original story ...)
Nasdaq Scrutinizes Share Allocations After Mysterious IPO Gains
Nasdaq Inc. is asking for more specifics relating to share allocations for initial public offerings by small-cap firms as it boosts scrutiny in a corner of the market that’s seen a number of huge ... ( read original story ...)
Global financial companies reassess business risks in China after escalation over Taiwan
Global financial companies, still suffering multibillion-dollar losses in Russia, are now reassessing the risks of doing business in Greater China after escalating tensions over Taiwan, Bloomberg ... ( read original story ...)
Taiwan set for modest rate hike as growth slows 經濟成長趨緩 台灣央行溫和升息
Taiwan’s central bank increased its benchmark interest rate by a modest amount on Thursday last week, the third hike this year, as it tries to battle inflation without further weighing down its ... ( read original story ...)
Taiwan Pledges ‘Effective’ Measures as Markets Tumble
TAIPEI (Reuters) - Taiwan's stock stabilisation fund is paying close attention to market conditions and will take "effective" countermeasures, Deputy Finance Minister Frank Juan told Reuters on Monday ... ( read original story ...)
The financial system is still dealing with the fallout from 2008
The huge amount of quantitative easing required to paper over the financial crisis meant that the Treasury market growth outpaced the ab ... ( read original story ...)
Singapore ousts Hong Kong as top Asian finance hub
Hong Kong slipped to fourth place, battered by strict COVID-19 restrictions and an exodus of talent, while San Francisco moved up two spots to round out the Global Financial Centres Index’s top five. ( read original story ...)