Gold surged to a record high as U.S. presidential candidate Donald Trump's comments on Taiwan caused market turbulence. While chip stocks tumbled, the British pound rose due to stable inflation.
US to award Taiwan’s GlobalWafers up to $400 million to boost semiconductor wafer production
WASHINGTON (Reuters) - The U.S. Commerce Department said on Wednesday it planned to award Taiwan's GlobalWafers up to $400 million in government grants to significantly increase production of silicon ...
Gold at record highs as rate cuts beckon, Trump talk hits Taiwan stocks
Gold hit a record and bonds rallied on Wednesday as markets prepared for global interest rates to fall, while stocks in Taiwan slipped after U.S. presidential candidate Donald Trump sounded lukewarm ...
China’s June jobless rate for 16-24 year olds at 13.2%, stats bureau says
The jobless rate for 16 to 24 year olds in China, excluding college students, was at 13.2% for the month of June, the country's statistics bureau said on Wednesday. The rate was 6.4% for 25-29 year ...
Nikki Haley Endorses Donald Trump in RNC Speech
Nikki Haley, a former contender in the Republican presidential race, gave her "strong" endorsement of Donald Trump in a speech at the RNC in Milwaukee on Tuesday night. Haley wasn't originally ...
Taiwanese firms transfer supply chains to India amid growing tension with China: Report
New Delhi: Taiwanese firms are relocating their supply chains from China to India as Taipei and New Delhi strengthen economic ties, according to the head of Taiwan's main trade body, reported Reuters.
Trump says Taiwan should pay for US defense, stocks dip
Investing.com-- Republican presidential candidate Donald Trump said that Taiwan should pay the U.S. for supplying defense equipment as it does not give the country anything, which caused local stocks ...
Trump says Taiwan should pay for defence, sending TSMC stock down
Taiwan should pay the United States for its defence as it does not give the country anything, U.S. Republican presidential candidate Donald Trump said, sending shares of Taiwanese chip manufacturer ...
Taiwanese Literary Translations Captivate Western Audiences
With geopolitical changes and the growing demand for AI and semiconductors, international attention on Taiwan has significantly increased in recent years, leading to greater acceptance of Taiwanese ...
Hard Numbers: Intuit’s mass layoff, Very expensive flip phone, AMD’s Finnish acquisition, Taiwan’s millionaire class
Intuit, the company behind popular financial software Quickbooks and Turbotax, announced a mass layoff of 1,800 employees — about 10% of the company — with plans to rehire the same number with a ...
MOF finds 1,500 cases of loan abuses
The Ministry of Finance (MOF) yesterday said it had found 1,502 suspected cases of dummy buyers and abuses of preferential house loans in contravention of the self-occupancy rule. The announcement ...
SymphonyAI targets second half 2025 IPO with $500 million in revenue run rate
SymphonyAI, a U.S. artificial intelligence company whose products help the likes of Pepsi predict demand and financial companies spot fraud, is preparing to go public in the second half of next year, ...
Firesides at the Exchange: Join IPO Edge Live at NYSE September 13
IPO Edge will host fireside chats from the floor of the New York Stock Exchange on Friday, September 13, during the F-Suite National Summit. We invite guests to join 10-minute […] ...
Taiwan Semiconductor Is Overvalued Amid AI Exuberance
Toward the end of 2022 and throughout 2023, Taiwan Semiconductor Manufacturing Co. Ltd. ( NYSE:TSM) was trading at exceptionally attractive valuations. However, now the GF Value chart is showing the ...
AEWIN Performant Storage Server, BIS-5121A/5222A Series, has been Applied to Reliable Backup and Recovery Solutions
AEWIN Technologies Co., Ltd (doing business as AEWIN) has launched Performant Storage Server, BIS-5121A/5222A Series which has been selected to build backup and recovery solution with the best TCO to ...
TSMC second-quarter profit seen jumping 30% on surging AI chip demand
Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on Thursday thanks to ...