SINGAPORE, June 7, 2024 /PRNewswire/ -- Chenghe Acquisition II Co. ("the Company"), a special purpose acquisition company, today announced the pricing of its initial public offering (IPO) of 7,500,000 ...
Exports rise 3.5%, behind expectations
Exports last month increased a modest 3.5 percent year-on-year to US$37.36 billion, as shipments of electronics used in artificial intelligence (AI) remained strong and some non-tech products came out ...
Taiwan Semiconductor sales jump 30% in May as AI demand surges
Taiwan Semiconductor (TSM) reported a 30% sales jump in May as the demand for AI continues to surge. Yahoo Finance's Seana Smith and Brad Smith report more on the chip company's latest earnings and ...
Taiwan’s exports grow for 7th straight month
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Taiwan Semi Rides AI Wave, Reports $7.1B Revenue In May
Taiwan Semiconductor Manufacturing Co (NYSE:TSMC) saw a 30% increase in May sales, reaching $229.6 billion New Taiwan dollars ($7.1 billion), due to high demand for AI and recovering consumer ...
Taiwan Trade Surplus Grows In May
(RTTNews) - Taiwan's foreign trade surplus increased in May as exports grew faster than imports, preliminary figures from the Ministry of Finance revealed on Friday. The trade surplus rose to $6.05 ...
Taiwan’s Biomedical Breakthroughs Shine at the Global Stage: Highlights from the Taiwan Smart Health Gala at BIO 2024
To bolster Taiwan's biomedical industry on the global stage and attract funding from major international manufacturers, Taiwan's National Science and Technology Council partnered with the National ...
Taiwan sales fall 2% in May
Taiwan’s economic growth accelerated to 6.5% year on year in the first quarter of 2024 from 4.9% in the fourth quarter of 2023 ...
Arrivent Biopharma enters into cancer drug development collaboration valued at up to $615M
The company has made a deal with a Chinese firm on a drug development collaboration potentially valued at more than $600 million.
What’s Going On With Taiwan Semiconductor Stock On Wednesday?
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) plays a crucial role as some Chinese AI chip firms design less powerful processors to comply with U.S. sanctions. The U.S. imposed export controls on ...
Tether Invests $18.75M in XREX Group to Drive Financial Inclusion in Emerging Markets
Tether, the largest company in the digital asset industry, has announced a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. This ...
Nvidia, AMD Chips To Get Dearer as Taiwan Semi Eyes AI Chip Price Hike
Advanced Micro Devices, Inc (NASDAQ:AMD), Qualcomm Inc (NASDAQ:QCOM), Micron Technology, Inc (NASDAQ:MU) and Arm Holdings Plc (NASDAQ:ARM) were trading lower Tuesday amid reports of Taiwan ...
What’s Going On With Taiwan Semi Stock On Tuesday?
C.C. Wei assumed the Chairman and CEO roles, marking the first time in years someone has held both positions. The stock is trading lower on Tuesday after closing higher by almost 3% on Monday. Wei ...
China Ratchets Up Pressure on Taiwan With Tariffs, Tension With US Deepens
The Chinese government took aim at U.S. Secretary of State Antony Blinken for congratulating Lai on the presidential win, and sanctioned a dozen U.S.-based defense companies for selling arms to Taiwan ...
Taiwan extends visa-free entry to Filipino travelers until July 2025
Taiwan has extended for another year its visa-free entry policy for Filipino travelers, beginning Aug. 1, 2024 until July 31, 2025.
U.S. Bancorp to speak at the Morgan Stanley US Financials, Payments & CRE Conference 2024
MINNEAPOLIS, June 04, 2024 -- ( BUSINESS WIRE )--U.S. Bancorp (NYSE: USB) announced today that Chairman and Chief Executive Officer Andy Cecere and Senior Executive Vice President and Chief Financial ...