Watch Washington's moves on China securities. The financial part of the trade war might not end under a President Biden. ( read original story ...)
How Ant’s Suspended IPO Is Related to China’s Digital Yuan
Ant's thwarted IPO was China's attempt to rein in its digital payment giants. The digital yuan might have a similar goal. ( read original story ...)
Foxconn sees strong iPhone 12 demand, reiterates U.S. investment
TAIPEI (Reuters) - Apple AAPL.O supplier Foxconn 2317.TW forecast ... That compared with the T$28.61 billion average of 13 analyst estimates compiled by Refinitiv. Chief Financial Officer David Huang ... ( read original story ...)
Taiwan’s big two Apple suppliers to invest in US after Biden win
Taiwanese iPhone assemblers Foxconn and Pegatron have both pledged to invest in the U.S. as their American clients press for more local manufacturing. The announcements, on the heels of Joe Biden's ... ( read original story ...)
Apple supplier Foxconn third-quarter profit near flat, beats estimates
TAIPEI (Reuters) - Foxconn, the world's largest contract electronics maker, reported near flat quarterly profit on Thursday, beating market estimates amid firm demand for telecommuting devices as the ... ( read original story ...)
DGAP-News: Manz AG: sale of shares in Talus Manufacturing Ltd. to finance further growth
DGAP-News: Manz AG / Key word(s): Disposal Manz AG: sale of shares in Talus Manufacturing Ltd. to finance further growth 11.11.2020 / 09:49 The issuer ... ( read original story ...)
Housing price index climbs on back of real demand
The nation’s housing price index in the second quarter of this year rose 0.67 percent from three months earlier to 105.9 as home prices picked up across Taiwan on the back of real demand and asset ... ( read original story ...)
European Financial Markets Reap Gains Sparked by Hopes of Potential COVID-19 Vaccine
Europe’s benchmark indices were higher Wednesday due to rising optimism over U.S. drugmaker Pfizer’s potential COVID-19 vaccine. At midday, Britain’s FTSE index was up 0.7%, while both the CAC-40 ... ( read original story ...)
Virus Outbreak: Taiwan hopes to obtain vaccine by Q1
Taiwan is hopeful of purchasing a COVID-19 vaccine being developed by Pfizer Inc and BioNTech SE as early as the first quarter of next year through a global vaccine alliance, the Central Epidemic ... ( read original story ...)
Krach to Lead U.S. Economic Talks With Taiwan, Pompeo Says
U.S. Undersecretary of State Keith Krach will lead economic talks with Taiwan this month, Secretary of State Mike Pompeo said on Tuesday. Pompeo told a news conference that Krach would lead the ... ( read original story ...)
Taiwan October exports hit record
Taiwan's exports totaled US$32.23 billion in October 2020, the highest-ever monthly level with growths of 4.9% sequentially and 11.2% on year, while the month's imports reached US$24.77 billion, ... ( read original story ...)
Exports surge to record on tech demand
Taiwan’s exports soared 11.2 percent year-on-year to a record US$32.23 billion last month, as tech firms continued to thrive on the low-contact economy, while most traditional sectors stopped being a ... ( read original story ...)
Taiwan Exports Surge to Record as Tech Demand Spurs Recovery
Taiwan exports grew at the fastest pace since February, defying concerns U.S. sanctions on Huawei Technologies Co. would hurt trade. Overseas shipments grew 11.2% from a year earlier to a record ... ( read original story ...)
Acer Reports October Consolidated Revenues of NT$25.52 Billion, Up 43.2% YoY
Acer announced today its consolidated revenues for October at NT$25.52 billion, up 43.2% year-on-year (YoY) and marking a strong start to the fourth quarter with demand continuing to be stronger than ... ( read original story ...)
Apple puts Taiwanese supplier Pegatron on probation over student workers
Apple said on Monday it has put its Taiwanese supplier Pegatron on probation after finding that the company violated Apple's supplier code of conduct by asking student employees to work night shifts ... ( read original story ...)
Taiwan October exports beat expectations on surging work-from-home demand
Taiwan's exports rose in October for the fourth consecutive month and at an expectation-beating pace, boosted by surging demand for the island's electronic goods as people work from home during the ... ( read original story ...)