This adjustment in electricity rates, which aims to alleviate the financial strain on the state-owned utility Taiwan Power Co. following its consecutive annual losses, is expected to have a ripple ...
Brewing Success: Tea Shops Revitalize Hong Kong’s Lackluster IPO Market
Nayuki’s shares have plummeted since its IPO in June 2021, serving as a cautionary tale for prospective investors in the sector. Despite these challenges, bubble tea remains a popular beverage across ...
Taiwan to raise electricity prices by average of 11%
Taiwan will raise electricity prices by an average of 11% starting from April 1 including a 25% increase for large industrial users to help arrest losses for the island's state-run power firm, the ...
Facing China’s Military Threats, Taiwan Considers War Tax for Defense Funding
According to diplomatic sources in Beijing on the 21st, Taiwan’s Finance Minister, Zhuang Cuiyun, stated during a legislative interrogation that they are considering tax increases as part of war ...
Taiwan Gift Card and Incentive Card Data Report 2024: Market Intelligence and Future Growth Dynamics 2019-2028
Dublin, March 22, 2024 (GLOBE NEWSWIRE) -- The "Taiwan Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2024 Update" report has been added to ...
Nvidia CEO reiterates solid partnership with TSMC
One key takeaway from the ongoing GTC is that Nvidia's AI empire has taken shape with strong partnerships from TSMC and other Taiwanese makers, such as those major server ODMs.
Taiwanese and Singaporean Startup Ecosystems Join Forces to Enhance Bilateral Internationalization Efficiency
On March 20, 2024, the National Development Council's Startup Island TAIWAN and Singapore's Action Community for Entrepreneurship (ACE.SG) signed a Memorandum of Understanding (MoU). The signing took ...
The Tea Shops Bubbling Up Hong Kong’s Anemic IPO Market
Hong Kong’s IPO market was once the biggest in the world. Now, its great hope is bubble tea with at least four Chinese stores that sell bubble tea preparing to go public in the city, where nine ...
Enhanced ETF oversight in Taiwan to contain market risks
Taiwan’s latest regulatory measures over exchange-traded funds (ETF) will help contain market and counterparty risks arising from the sharp increase in ETF volumes, says Fitch Ratings.
Why Taiwan Semiconductor, Intel, and Other Artificial Intelligence (AI) Stocks Rallied on Thursday
That appeared to be the case today, as foundry Taiwan Semiconductor Manufacturing (NYSE: TSM) jumped 3.3%, semiconductor giant Intel (NASDAQ: INTC) rallied 2.3%, and database specialist Oracle (NYSE: ...
Top Mideast Grocery Chain LuLu Said to Tap Banks for IPO
LuLu Group International, which operates one of the Middle East’s largest hypermarket chains, has appointed banks for what could be one of the biggest initial public offerings in the Gulf this year, ...
AI Frenzy Gives Taiwan Central Bank Room To Battle Inflation
Global demand for the hardware that underpins AI has sparked an economic recovery in Taiwan — a hub for the chips that drive the technology — and pushed the stock market to record highs. That’s giving ...
Yuanta ETF attracts $5.4bn in 5 days, smashing Taiwan record
A new Taiwan equities high-dividend exchange traded fund from Yuanta Funds has raised about NT$170bn ($5.4bn) in five days, smashing the recently set initial ETF fundraising record. Taiwan’s Financial ...
Live news: Asian stocks rise after Fed maintains rate cut forecast
Asian markets rose on Thursday, following the US higher after Federal Reserve officials maintained expectations for three quarter-point interest rate cuts in 2024. Hong Kong’s benchmark Hang Seng ...
ONE Store and HAPPYTUK Partner to Launch Alternative App Market in Taiwan
ONE Store, Korea's second largest app market outperforming global competitors, announced that it has signed a platform and service agreement with HAPPYTUK, Taiwan's largest game publishing company, to ...
Hua Nan eyeing 10% fee income increase this year
Despite shrinking interest income, Hua Nan Bank enjoyed 15.9 percent growth in fee income last year, supported by a 19.2 percent advance in wealth management and a 14.3 percent increase in fund sales, ...