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Tag: finance

Posted on 22/09/2023

Northland and Mitsui secure finance for $9bn Taiwan offshore wind giant

He described Northland as “one of the few companies able to originate, develop, finance, construct ... phases are located approximately 45-70km off the Changhua coast in the Taiwan Strait. Hai Long 2A ...

Posted on 22/09/2023

Global central banks unite in ‘higher for longer’ credo

Central banks for the world's biggest economies have served notice that they will keep interest rates as high as needed to tame inflation, even as two years of unprecedented global policy tightening ...

Posted on 22/09/2023

Taiwan Central Bank Holds Policy Rate At 1.83%

Taiwan's central bank retained its key interest rate for the second straight meeting on Thursday, with the aim of fostering sound ...

Posted on 22/09/2023

Kokusai Electric Gears up for Largest Japanese IPO in Five Years Amid AI Surge

Japanese chipmaking equipment manufacturer, Kokusai Electric, is preparing to launch its initial public offering (IPO) on Thursday, making it the largest IPO in Japan in the past five years. The ...

Posted on 21/09/2023

Taiwan Holds on Rates, Projects Slowest GDP Growth Since 2009

Taiwan’s central bank expects the economy to grow this year at the slowest pace since the global financial crisis as trade struggles more than initially anticipated and China’s slowdown weighs on ...

Posted on 21/09/2023

Taiwan Cuts GDP Outlook on Weak Global Demand, Keeps Policy Rate Unchanged

Taiwan's central bank cut its 2023 economic growth forecast for the export-reliant economy due to sluggish global demand, but as expected, it kept rates on hold on Thursday as inflationary pressures ...

Posted on 21/09/2023

Taiwan central bank likely to hold benchmark rate steady amid election uncertainty

The Central Bank of Taiwan is anticipated to keep its benchmark interest rate unchanged at 1.875% for the second quarter in a row, according to a survey of 19 economists. The decision, expected to be ...

Posted on 21/09/2023

Apple’s Taiwan Suppliers Resume Double-Digit Decline in August

Apple Inc.’s major suppliers in Taiwan suffered another double-digit sales decline in August as weak consumer demand dragged down the wider electronics industry.Most Read from BloombergPassalacqua in ...

Posted on 20/09/2023

Taiwan August export orders shrink for 12th month; growth seen returning in Q4

TAIPEI, Sept 20 (Reuters) - Taiwan's export orders contracted for the 12th straight month in August and missed expectations, as demand remains subdued due to factors such as high interest rates and ...

Posted on 20/09/2023

Alchip Technologies Sets Record Quarterly Revenue and Net Income

Commenting on the record results, Alchip President and CEO, Johnny Shen credits the quarter-to-quarter increase to a pull-back in customer shipments in Q1 2023, then a push for higher production from ...

Posted on 20/09/2023

Chinese satellite ground stations installed on disputed South China Sea reefs

China has built two ground stations for its BeiDou satellite system on disputed Sea reefs, according to state television. The stations, connected to China's land-based ship automatic identification ...

Posted on 20/09/2023

Taiwan Shares May Open Under Pressure On Wednesday

Fubon Financial slid 0.32 percent, Taiwan Semiconductor Manufacturing Company fell 0.37 percent, United Microelectronics Corporation shed 0.65 percent, Largan Precision advanced 0.95 percent, MediaTek ...

Posted on 19/09/2023

Taiwan’s MFIG buys about 65,000 metric tons corn, likely from Brazil

HAMBURG, Sept 19 (Reuters) - Taiwan's MFIG purchasing group bought about 65,000 metric tons of animal feed corn which is expected to be sourced from Brazil in an international tender on Tuesday, ...

Posted on 19/09/2023

Mutually assured financial destruction won’t deter China

America’s economic reliance on China won’t prevent a Sino-American War. Indeed, it might even make a conflict more likely.

Posted on 19/09/2023

Arizona governor says state in talks with TSMC on advanced packaging

The governor of the U.S. state of Arizona said on Tuesday they were in talks with Taiwanese chipmaker TSMC on advanced packaging. Speaking during a visit to Taipei, Governor Katie Hobbs said the TSMC ...

Posted on 19/09/2023

Taiwan Bourse May Continue To Spin Its Wheels On Tuesday

The Taiwan stock market on Monday halted the four-day winning streak in which it had jumped almost 500 points or 3 percent. The ...

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