Intel Corp. chief executive Pat Gelsinger is committed to buying other chip-makers as the industry consolidates, despite a leading acquisition candidate's plan to go public. ( read original story ...)
Blockchain startup XREX gets $17M to make cross-border trade faster
Blockchain startup XREX was launched to help cross-border businesses in emerging markets perform faster transactions with products like a payment escrow service and crypto-fiat exchange platform. The ... ( read original story ...)
XREX Raises $17M to Expand Fiat Currency Portfolio and Partnerships
Using blockchain technology to solve dollar liquidity shortage issues in emerging marketsTaipei, Taiwan, Aug. 22, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire) XREX, a crypto-fiat fintech company ... ( read original story ...)
Christopher Chye Joins XREX as Managing Director of Singapore and Director of Products
XREX Inc. announced today that Christopher Chye has joined the company as Managing Director of XREX Singapore and Director of Product of XREX Inc. In this dual role, Chye will oversee XREX's ... ( read original story ...)
‘Let Me Be Blunt’: Taiwan Finance Minister Claims China ‘dreams Of Emulating’ Taliban
Taiwan's foreign minister on Friday lambasted the People’s Republic of China saying that President Xi Jinping's regime is motivated to "emulate" the Taliban. Taiwan’s Joseph Wu referred to Beijing’s ... ( read original story ...)
Taiwan says sees ‘balance’ in auto chip supplies by fourth quarter
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 ...)