The Israeli self-driving tech specialist has been a poor fit for Intel and the timing of its share sale has been even worse. ( read original story ...)
3 reasons behind Intel’s disastrous Mobileye IPO
The Israeli self-driving tech specialist has been a poor fit for Intel and the timing of its share sale has been even worse. ( read original story ...)
Intel’s Mobileye raises IPO price to $21, begins trading on Wednesday
Intel's (INTC) spin-off of its Mobileye autonomous vehicle unit is finally upon us. Shares of the Israel-based company, which will trade under the ticker MBLY, are set to trade on Wednesday, October ... ( read original story ...)
Chipmaker UMC cuts capex in readiness for prolonged downturn
TAIPEI (Reuters) - Taiwanese chipmaker United Microelectronics ... compared with a previous plan for $3.6 billion, said finance chief Chitung Liu. However, expansion in Singapore and Tainan in ... ( read original story ...)
China says it is ‘closer than ever’ to reunification with Taiwan
China has said it is closer than ever in history to take over Taiwan amid concerns of the island nation that Beijing would escalate diplomatic “attacks” on Taipei as Xi Jinping had more power. ( read original story ...)
Taiwan suffers sixth-month loss in the non-life insurance industry
Non-life insurers suffered a 681.1% loss in September compared to a year before. Taiwan’s non-life insurance industry suffered a 681.1% year-on-year pre-tax profit loss amounting to $4.01b (NT$129.4b) ... ( read original story ...)
China likely to ramp up diplomatic ‘attacks’ on Taiwan, island’s foreign minister says
China's ruling Communist Party wrapped up its congress on Saturday, cementing Chinese President Xi Jinping's grip on power. ( read original story ...)
Taiwan needs diverse trade amid US-China row: Finance chief
Taiwan’s trade has been pressured this year by waning demand from China and around the world. Read more at straitstimes.com. ( read original story ...)
TAIWAN TAIPEI FINANCIAL INSURAN (IR0039.TW)
Mortgage rates retreat slightly but remain near 15-year highs ... ( read original story ...)
Taiwan Tightens Short Selling Curbs Again to Stem Market Selloff
Taiwan’s financial regulator has ratcheted up rules on short selling as a way to stabilize its equities market amid a continued global rout. ( read original story ...)
Plunging Markets Defy Government Intervention in Taiwan, Korea
Asia’s two tech-heavy economies South Korea and Taiwan are facing an uphill battle in trying to stem losses in what are already among the world’s worst-performing assets this year. They are hit ... ( read original story ...)
Instacart pulls IPO on volatile market conditions – sources
Smartphone with displayed Instacart logo is seen in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo ... ( read original story ...)
Cathay Financial to issue shares to raise capital
Cathay Financial is to receive proceeds of NT$39 billion to NT$60 billion (US$1.2 billion to US$1.9 billion), as the new shares were priced at NT$26 to NT$40 each, corporate data showed. That would be ... ( read original story ...)
Myanmar blacklisted by FATF for terrorism and crime finance
In another setback to the Myanmar military's minimal credibility, an international watchdog has placed Myanmar on its blacklist for terrorism financing alongside Iran and North Korea. The Financial ... ( read original story ...)
Swazi king vows to back Taiwan at UN
We will continue to advocate for the admission of Taiwan to the UN family,” Mswati, who arrived in Taiwan on Thursday for a six-day visit, said at the ceremony, which featured a military salute. It is ... ( read original story ...)
Non-nuclear power the only option
When the European Parliament’s resolution was announced, Broadcasting Corp of China chairman Jaw Shaw-kong (趙少康) said: “The EU has decided to treat nuclear power as green energy. Opposing nuclear ... ( read original story ...)