Global supply and demand for auto chips should reach a "balance" by the fourth quarter of 2021, Taiwan's government said on Saturday, reiterating its commitment to doing its part to tackle a shortage ... ( read original story ...)
US back-pedals after Biden suggested it would defend Taiwan against Chinese military attack
The US has stressed that its position on Taiwan has not changed after President Joe Biden suggested his administration would defend the island against a military attack. The US has long upheld a ... ( read original story ...)
Report: GlobalFoundries files for IPO
Globalfoundries (GF) has filed for initial public offering (IPO) in New York, a move that could value the chipmaker at around $25 billion. According to a report from Reuters, in making a play for ... ( read original story ...)
Taiwan Stock Market May See Mild Support
The Taiwan stock market turned lower again, one day after ending the nine-day losing streak in which it had plummeted more than 960 ... ( read original story ...)
Taiwan urges state-owned banks to buy stocks as market tumbles: Sources
TAIPEI: Taiwan's Finance Ministry has called state-owned banks to suggest they buy an "appropriate" amount of stocks amid falls on the island's stock market, five people familiar with the matter told ... ( read original story ...)
Cabinet proposes bill to extend day trading tax cut
The Cabinet yesterday approved a proposal to extend a 50 percent tax cut for day trading transactions for another three years, saying that the measure has played an important role in invigorating the ... ( read original story ...)
Is Taiwan Semiconductor Heading for a Breakdown?
A support level has formed in the chart of Taiwan Semiconductor Manufacturing Company (TSM). If the stock falls through this level, a breakdown is ... ( read original story ...)
Japan plans Taiwan party-level talks in move likely to anger Beijing
Japan contact, and has repeatedly warned other governments, especially the US, against violating its one-China policy. ( read original story ...)
GlobalFoundries IPO would give Arm a leg up
GlobalFoundries could lend Arm a helping hand. The American chipmaker late on Wednesday filed confidentially for a U.S. initial public offering, with an eye on a $25 billion valuation, Reuters ... ( read original story ...)
GlobalFoundries files for IPO, dashing hopes of Intel acquisition
The chipmaker GlobalFoundries Inc. has reportedly filed its plans for an initial public offering, delivering a blow to Intel Corp.’s hopes of acquiring the company. Reports emerged in July that Intel ... ( read original story ...)
UPDATE 1-Taiwan suggests state-owned banks buy stocks as market tumbles – sources
Taiwan's Finance Ministry has called state-owned banks to suggest they buy an "appropriate" amount of stocks amid falls on the island's stock market, five people familiar with the matter told Reuters ... ( read original story ...)
Asian markets drop on Fed taper talk, Delta fears
Markets fell in Asia on Thursday following a second straight day of losses on Wall Street in response to Federal Reserve minutes indicating it could begin withdrawing its huge financial support by the ... ( read original story ...)
Taiwan MOF Explains Withholding Tax Obligation for Overtime Payments
The Taiwanese Ministry of Finance Aug. 17 explained the withholding tax obligation for overtime payments to employees. The announcement explains: 1) the requirement for overtime income to be paid on ... ( read original story ...)
Taiwan set to extend stock day trading tax break – source
Taiwan is set on Thursday to extend a tax break for day trading on the stock market for another three years, a person familiar with the matter told Reuters, as it looks to support the bourse. TAIPEI, ... ( read original story ...)
Agencies agree to retain day trading tax cut
The Ministry of Finance, the Financial Supervisory Commission and the National Development Council on Tuesday night reached a consensus on extending the transaction tax cut for day trading for two or ... ( read original story ...)
US vows to stand by Taiwan amid Chinese saber-rattling following Afghanistan withdrawal
After a series of threats from Chinese state-affiliated media, the Biden administration announced Tuesday the United States intends to help Taiwan defend itself from Chinese military activity. ( read original story ...)