Many retailers have been caught off-guard by COVID-19 restrictions and shifting consumer habits, but do-it-yourself (DIY) stores are enjoying a boom as people spend money on their homes and gardens. A ... ( read original story ...)
US restrictions could hamper China’s plans for a self-reliant semiconductor sector
The latest US restrictions on Chinese firm Semiconductor Manufacturing International Corporation (SMIC) could deal a heavy blow to China’s push for a robust home-grown semiconductor industry, analysts ... ( read original story ...)
China’s biggest chipmaker hit by US sanctions
The US government has sanctioned China's biggest chipmaker, dealing further damage to the country's semiconductor industry after cutting Huawei off from its chip suppliers. On Friday, the US ... ( read original story ...)
Taiwan probes leading bank linked to Panama Papers
American regulators last week said Taiwan's Mega International Commercial Bank showed indifference towards transactions carried out through Panama ... ( read original story ...)
5G is raising ahead in Asia as it is poised to reshape connectivity
Asia Pacific is leading the charge for the next generation of mobile connectivity. Major cities across the region are rolling out 5G networks this year, which are poised to reshape connectivity and ... ( read original story ...)
Virus Outbreak: KMT caucus urges testing all outbound travelers
The Chinese Nationalist Party (KMT) caucus yesterday urged the government to change the nation’s COVID-19 testing methods and test all people under home quarantine as well as all travelers leaving ... ( read original story ...)
Neuberger Berman Group LLC Increases Position in iShares MSCI Taiwan ETF (NYSEARCA:EWT)
Neuberger Berman Group LLC boosted its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 18.9% during the second quarter, according to the company in its most recent Form 13F filing with the ... ( read original story ...)
New York Again Ranks as Top Global Financial Hub But London Gains in Volatile Index
New York again heads the rankings of the world's leading global financial centres. The Global Financial Centres Index 28, launched by London think tank ... ( read original story ...)
Caught in China-US trade war, Taiwan offers support to chipmakers
Taiwan President Tsai Ing-wen promised on Thursday to help the island's key semiconductor industry overcome difficulties and consolidate its leading position, offering support to a sector increasingly ... ( read original story ...)
New York beats London as top financial centre in the world
The GFCI 28 by Z/Yen, in partnership with China Development Institute (CDI), measures the competitiveness of 111 financial hubs. ( read original story ...)
Leading Taiwan’s response to the Covid crisis
Daniel Wu, president of CTBC Financial Holding, discusses the bank’s commitment to corporate social responsibility and digitization, particularly in making it easier for customers to access banking ... ( read original story ...)
Taiwan Stock Market Overdue For Support On Friday
The Taiwan stock market has finished lower in four straight sessions, sliding almost 620 points or 5 percent along the way. The Taiwan Stock Exchange now rests just above the 12,260-point plateau ... ( read original story ...)
Asia Pacific Wire & Cable Corporation Ltd. Reports Second Quarter 2020 Financial Results – MarketWatch
Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) ("APWC" or the "Company"), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in ... ( read original story ...)
World Bank’s IFC adopts new climate rules to deter lenders from backing coal
The World Bank’s private-sector arm has introduced new climate change conditions for its investments in commercial banks to encourage the lenders to wind down support for coal projects in Africa and ... ( read original story ...)
GlobalFoundries CEO says chip maker still planning IPO
GlobalFoundries CEO Tom Caulfield said Wednesday that the computer chip maker is still planning to take the Abu Dhabi-owned company public and that any plans for a second factory at its Fab 8 campus ... ( read original story ...)
Corsair Gaming CEO undaunted by big IPO day drop, cites longterm growth prospects
Corsair Gaming's stock dropped 16 percent in its first day of trading, ending a streak of five Bay Area tech IPOs in eight days that soared on Day 1. #siliconvalley #wallstreet ... ( read original story ...)