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Tag: finance

Posted on 28/01/2025

Taiwan relaxes regulations in asset management hub plan

Taiwan is making headway in easing asset management regulations and opening up the private banking market to facilitate plans to turn the island into an asset management hub, says Yan-Liang Chen, vice ...

Posted on 28/01/2025

Taiwan chipmaker TSMC evacuates factories after 6.4-magnitude earthquake

A 6.4-magnitude earthquake struck Taiwan ’s southern Chiayi county on Tuesday, causing minor injuries and damage to houses and prompting evacuations at a prominent chipmaker’s factories. At such a ...

Posted on 28/01/2025

DeepSeek AI Debut Sparks 10% Dive in Taiwan Semiconductor Stock

Affordable, DeepSeek in China competes with AI models from US tech giants Meta (META, Financial) and OpenAI while offering the same performance. Investors were becoming concerned about traditional AI ...

Posted on 27/01/2025

Qiming Venture Partners’ Portfolio Company HyperStrong Successfully Listed on STAR Market

Founded in 2011, HyperStrong has established itself as a trusted partner in the global transition to renewable energy. The company provides a wide range of energy storage solutions including ...

Posted on 27/01/2025

China’s Espionage Tactics Exposed: Targeting Taiwan’s Retired Defenders

China has been quietly building a powerful espionage network aimed at infiltrating Taiwan’s defense and law enforcement systems. This network has been growing for years, and Taiwan is now revealing ...

Posted on 27/01/2025

Tax-to-GDP ratio hits 26-year high at 14.7 percent

Social security contributions, including labor and health insurance, have continued to rise in the past few years to comply with global trends. It reached NT$1.39 trillion last year, an increase of ...

Posted on 25/01/2025

Taiwan receipt lottery winners at PX Mart and 7-Eleven

A person who spent NT$69 (US$2.10) for a lunchbox at PX Mart in Puzi, Chiayi County, won a NT$10 million (US$305,000) special prize in the latest edition of the Taiwan receipt lottery Saturday. The ...

Posted on 25/01/2025

Ascentage Pharma raises $126m in first biotech IPO of 2025

The funds will support the development of Ascentage’s pipeline, including its lead candidate olverembatinib to treat blood cancer.

Posted on 25/01/2025

Taiwanese Financial Regulator To Propose Law That Would Enable Banks To Issue Stablecoins: Report

The independent government agency regulating Taiwan's financial markets will reportedly propose a special law that will allow banks to issue stablecoins.

Posted on 25/01/2025

Coffee businesses set to post NT$40 billion sales for 2nd year in 2024

Coffee sales were expected to exceed NT$40 billion (US$1.22 billion) in Taiwan for a second consecutive year in 2024, reflecting the growing thirst for coffee in Taiwan and the lifestyle it represents ...

Posted on 25/01/2025

Taiwan Economic Growth Accelerates In 2024

Taiwan's economy expanded four times faster than the year before in 2024, government data showed Friday, thanks to global demand for the island's high-tech exports.

Posted on 24/01/2025

Taiwan expects 2024 coffee sales to top NT$40 billion

The finance ministry said on Thursday that coffee sales likely topped NT$40 billion (US$1.22 billion) in 2024, according to statistics for the year to November. The ministry’s statistics department ...

Posted on 24/01/2025

Pine Wind Power to Acquire 26% Interest in Formosa 2 Offshore Wind Farm

Pine Wind Power Co., Ltd (Pine Wind) has entered into an agreement to acquire from Macquarie Asset Management (Macquarie) its 26% equity and debt interest in Formosa 2 International Investment Co., ...

Posted on 23/01/2025

Why Taiwan Semiconductor (TSM) Among the Best Semiconductor Stocks to Buy for the AI Boom

We recently compiled a list of the 10 Best Semiconductor Stocks to Buy for the AI Boom. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited ...

Posted on 23/01/2025

Why Taiwan Semiconductor Manufacturing Stock Was Climbing Today

Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) were one of several artificial intelligence (AI) stocks moving higher today, a broad response to President Trump's announcement of the new ...

Posted on 23/01/2025

Taiwan Semiconductor’s Capex Plans Boost These Chip Stocks, Jim Cramer Says

Jim Cramer calls out market reaction to Taiwan Semiconductor's strong earnings and guidance, boosting related companies' stocks.

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