TAIPEI, Oct 23 (Reuters) - China's tax probe of Foxconn is unusual and the company was possibly singled out for "political reasons," two sources close to Foxconn told Reuters on Monday, after a ...
Bumble Bee Fined 19.58 Million New Taiwan Dollars for Contract Breach
Food conglomerate Bumble Bee has been fined 19.58 million New Taiwan dollars after it was found guilty of breaching a contract.BNN Breaking gathered that Taiwan's Agriculture and Food Agency issued ...
The advanced silicon chips on which the future depends are all made in Taiwan – here’s why that matters
With the intentions of Xi Jinping uncertain, there is a rush to build advanced chip-fabrication plants outside Taiwan. But it is proving a bigger challenge than anticipated ...
U.S. Lawmakers Propose Legislation to Eliminate Double Taxation with Taiwan
In a bipartisan move to strengthen economic bonds and foster job creation, U.S. lawmakers have taken a decisive step towards addressing a long-standing fiscal friction between the United States and ...
Taiwan Dollar Overtakes Offshore Yuan as a Carry Trade Currency
The Taiwan dollar is regaining an edge over China’s yuan as a carry-trade currency.Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the ...
Renewed Consolidation Expected For Taiwan Stock Market
The Taiwan stock market on Thursday ended the four-day losing streak in which it had stumbled more than 385 points or 2.4 percent.
Lawmakers introduce Taiwan tax relief bill
Leaders of Congress's main tax committees in the House and Senate introduced bipartisan legislation to relieve double-taxation of investments between the U.S. and Taiwan for businesses and employees.
Taiwan Semiconductor Gaps Up After Earnings, but Will It Last?
Shares of Taiwan Semiconductor ( TSM) opened higher in Thursday's trading on the heels of their latest financial results and guidance. Gaps are a relatively common occurrence with the trading of TSM ...
Taiwan Semi Beat on Earnings. It’s Good News for Intel, Other Chip Stocks.
TSMC stock rose after it said that demand for the latest chip technology was helping to offset a glut of semiconductors caused by the fall in demand for consumer electronics.
Best’s Market Segment Report: AM Best Maintains Negative Outlook on Taiwan’s Non-Life Insurance Segment
AM Best is maintaining a negative outlook on Taiwan’s non-life insurance segment, citing increased reinsurance costs and a decline in the investment asset base, as some assets were liquidated to pay ...
Bipartisan Taiwan Tax Bill Text Issued by Congress’s Tax Writers
Senate and House tax-writers seeking to encourage cross-border business collaboration between Taiwan and the US released bipartisan bill textThursday outlining their plan to provide treaty-like ...
The company that makes your iPhone is expanding to EVs and it’s getting Nvidia to help make an ‘AI factory’
Foxconn's chairman Young Liu shares the stage of Nvidia's CEO Jensen Huang at Foxconn's annual tech day in Taipei. Courtesy of Foxconn Foxconn’s annual showcase on Wednesday featured a special guest: ...
Taiwan Semiconductor (NYSE:TSM) Beats Q3 Estimates Despite Declining Performance
Chip manufacturer Taiwan Semiconductor (NYSE:TSM) reported better-than-expected sales and earnings for the third quarter of Fiscal 2023, despite ...
Hai Long Project: Taiwan’s largest offshore wind financing, targeting commercial operation by 2025
The Hai Long Offshore Wind Project recently celebrated its financing completion ceremony, marking the successful acquisition of over NT$117 billion in green financing over a period exceeding two ...
TSMC Q3 profit falls 24.9%, beats market forecasts
Taiwanese chipmaker TSMC posted a 24.9% fall in third-quarter net profit on Thursday as global economic woes hit demand for chips used in applications from cars to cellphones and servers and coming ...
Oversold Taiwan Bourse Called Lower Again
The Taiwan stock market has moved lower in four straight sessions, falling more than 385 points or 2.4 percent along the way. The Taiwan Stock Exchange now sits just above the 16,440-point plateau and ...