Taipei-listed shares of Taiwan Semiconductor Manufacturing Company (NYSE:TSM) scaled to a record high on Thursday, after the world's largest contract chipmaker reported strong second-quarter revenue, ...
Taipei Causeway Bay Books to move in August
According to Lam, Causeway Bay Books is not just a shop but a space for interaction between Taiwan and Hong Kong. Visitors from the territory still come and look at his books, but they do not buy them as they fear problems when taking them home.
China Sends Record Number of Warplanes Across Key Boundary Line With Taiwan
The latest incursions across a U.S.-drawn median in the strait, a line Beijing has never recognized, come as Taiwan’s new President considers travel to the U.S.
The AI chip race is minting thousands of new millionaires in Taiwan, but not everyone is benefiting
Taiwan's chip boom is expected to drive a surge in the number of millionaires on the island, according to UBS. The island's semiconductor sector, led by TSMC, is bolstering its economy and exports. However, inequality in Taiwan has widened as the growth in ...
Taiwan’s TSMC June Q2 revenue hits NT$673.5 billion record high
TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Company (TSMC) reported a revenue of NT$673.5 billion (US$20.7 billion) in Q2, marking a historic high. According to a company press release on Wednesday (July 10), TSMC’s June revenue was about ...
Will Reliance launch IPO for Jio? Brokerage firm Jefferies answers
Jefferies, in a note, said that Jio could be listed with a valuation of $112 billion. This move might add a 7-15% upside to the share price of Reliance Industries.
Indkal Signs Pact To Design, Manufacture And Distribute Smartphones For Acer
Indkal Technologies has now entered into a trademark licensing agreement with Acer Inc to design, manufacture and distribute smartphones.
Reliance Jio IPO: Listing likely in 2025 at $112 billion valuation, says Jefferies
Investors anticipate the impending Reliance Jio IPO as billionaire Mukesh Ambani remains tight-lipped. The recent telecom tariff hike is seen as a precursor to this long-awaited event. Jefferies, a ...
Reliance stock: Jefferies says Jio listing likely in 2025, shares RIL’s fair values in case of IPO, spinoff
As stock investors eye much-awaited value unlocking at Reliance Industries (RIL), foreign brokerage Jefferies said the decision to spin off or bring initial public offer (IPO) for the telecom arm ...
AI frenzy takes Taiwan’s TSMC to record peak, puts it in trillion dollar club
Taiwan's TSMC scaled a record high on Thursday after posting strong second-quarter revenue on booming demand for AI applications, cementing its position as Asia's most valuable company. TSMC also ...
New top US envoy to Taiwan pledges to help island with self-defense as threats from China loom
The United States’ new top envoy to Taiwan promised Wednesday that Washington will help the self-ruled island defend itself as China ramps up its military threats against Taipei.
Visiting Taiwan students amazed at tech
Taiwan university students visiting the Chinese mainland said they are amazed by the rapid development of technology, which has brought great convenience to daily life. A visiting group of outstanding ...
AMOLED phone shipments outnumber LCD ones, heaping pressure on Taiwanese panel supply chain
AMOLED has overtaken LCD as the mainstream screen technology for mobile phones, heaping pressure on Taiwanese panel makers who specialize in the latter, according to industry sources.
Trailblazing Low Carbon Transition for Asia-Pacific Businesses: Cathay United Bank’s 2024 Q1 SLL Growth Exceeds 30% YoY
In response to climate change, Cathay United Bank has set net-zero targets to reduce environmental, social, and corporate governance risks, demonstrating its unwavering commitment to environmental ...
Taiwan to strengthen civil defence to prepare against China threat
China claims Taiwan as part of its territory and threatens to subjugate it with military force if Taipei refuses to submit to Beijing’s control indefinitely. Chinese leader Xi Jinping has in recent years replaced his predecessor’s more patient approach with a campaign of political, economic and military pressure aimed at coercing Taiwan.
Overbought Taiwan Shares Called Higher Again On Thursday
The Taiwan stock market has finished higher in six straight sessions, surging more than 1,100 points or 4.7 percent along the way.