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Category: FINANCE

Posted on 21/09/2023

Apple’s Taiwan Suppliers Resume Double-Digit Decline in August

Apple Inc.’s major suppliers in Taiwan suffered another double-digit sales decline in August as weak consumer demand dragged down the wider electronics industry.Most Read from BloombergPassalacqua in ...

Posted on 20/09/2023

Taiwan August export orders shrink for 12th month; growth seen returning in Q4

TAIPEI, Sept 20 (Reuters) - Taiwan's export orders contracted for the 12th straight month in August and missed expectations, as demand remains subdued due to factors such as high interest rates and ...

Posted on 20/09/2023

Alchip Technologies Sets Record Quarterly Revenue and Net Income

Commenting on the record results, Alchip President and CEO, Johnny Shen credits the quarter-to-quarter increase to a pull-back in customer shipments in Q1 2023, then a push for higher production from ...

Posted on 20/09/2023

Chinese satellite ground stations installed on disputed South China Sea reefs

China has built two ground stations for its BeiDou satellite system on disputed Sea reefs, according to state television. The stations, connected to China's land-based ship automatic identification ...

Posted on 20/09/2023

Taiwan Shares May Open Under Pressure On Wednesday

Fubon Financial slid 0.32 percent, Taiwan Semiconductor Manufacturing Company fell 0.37 percent, United Microelectronics Corporation shed 0.65 percent, Largan Precision advanced 0.95 percent, MediaTek ...

Posted on 19/09/2023

Taiwan’s MFIG buys about 65,000 metric tons corn, likely from Brazil

HAMBURG, Sept 19 (Reuters) - Taiwan's MFIG purchasing group bought about 65,000 metric tons of animal feed corn which is expected to be sourced from Brazil in an international tender on Tuesday, ...

Posted on 19/09/2023

Mutually assured financial destruction won’t deter China

America’s economic reliance on China won’t prevent a Sino-American War. Indeed, it might even make a conflict more likely.

Posted on 19/09/2023

Arizona governor says state in talks with TSMC on advanced packaging

The governor of the U.S. state of Arizona said on Tuesday they were in talks with Taiwanese chipmaker TSMC on advanced packaging. Speaking during a visit to Taipei, Governor Katie Hobbs said the TSMC ...

Posted on 19/09/2023

Taiwan Bourse May Continue To Spin Its Wheels On Tuesday

The Taiwan stock market on Monday halted the four-day winning streak in which it had jumped almost 500 points or 3 percent. The ...

Posted on 19/09/2023

Chinese police detain wealth management staff at Evergrande

TAIPEI >> Police in a southern Chinese city said they have detained some staff at China Evergrande Group’s wealth management unit in the latest trouble for the heavily indebted developer.

Posted on 19/09/2023

Entertainers, athletes looped in to Taiwan tax benefits

A pair of senators who represent cities with iconic music and entertainment scenes teamed up to aid Taiwanese artists and athletes.

Posted on 18/09/2023

Taiwan and El Salvador join forces to enrich crypto regulation

Wu Blockchain’s X post reveals that the Taiwan Crypto Association communicated with El Salvador’s Virtual Assets Bureau, Presidential Office, and central bank, calling for enhanced regulatory ...

Posted on 18/09/2023

Taiwan Investors May Lock In Gains On Monday

The Taiwan stock market has moved higher in four straight sessions, gathering almost 500 points or 3 percent along the way. The ...

Posted on 18/09/2023

Taiwan Ally Paraguay Is Open to China Investment, Finance Minister Says

(Bloomberg) -- Taiwan’s last South American ally would consider Chinese investment to develop its nascent green hydrogen industry as it seeks to become a regional fertilizer supplier, Paraguay Finance ...

Posted on 18/09/2023

Chinese police detain Evergrande’s wealth management staff

Police in a southern Chinese city said they have detained some staff at China Evergrande Group’s wealth management unit in the latest trouble for the heavily indebted developer.

Posted on 18/09/2023

Local government funds set to rise NT$40bn next year

The centrally funded tax revenues that can be allocated to local governments next year are to rise nearly NT$40 billion (US$1.25 billion) to a record-high NT$381.17 billion, with 65 percent of the ...

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