Taiwan's central bank said on Wednesday that in the first half of this year it sold a net $8.25 billion to intervene in the foreign exchange market to try and arrest the Taiwan dollar's devaluation, ... ( read original story ...)
UPDATE 1-Buttigieg backs Taiwan participation in UN civil aviation body
U.S. Transportation Secretary Pete Buttigieg called on Tuesday to allow Taiwan to participate in a U.N. body overseeing civil aviation, drawing criticism from the Chinese government. "We believe that ... ( read original story ...)
Should You Keep On Holding Your Taiwan Semiconductor (TSM) Shares?
RiverPark Funds, an investment management firm, published its “RiverPark Wedgewood Fund” second quarter 2022 investor letter – a copy of which can be downloaded here. For the second quarter of 2022, ... ( read original story ...)
If You Had Invested $5,000 in Nvidia Stock at Its IPO, Here’s How Much You’d Have Now
Nvidia held its IPO in January 1999, and the stock has since soared 29,700%. Nvidia holds more than 90% market share in workstation graphics and supercomputer accelerators, and its technology is the ... ( read original story ...)
Taiwan says it needs to be cautious on market stabilisation measures
Taiwan needs to give cautious consideration to market stabilisation measures as they are a "double-edged sword", the head of its financial regulator said on Tuesday, pointing to the past "extreme" ... ( read original story ...)
Taiwan Floats FX Controls, Short-Sale Ban If Outflows Worsen
Taiwan officials raised the prospect of foreign-exchange controls and a ban on stock short sales if capital outflows worsen significantly, underscoring growing concern among global policy makers over ... ( read original story ...)
Nasdaq Scrutinizes Share Allocations After Mysterious IPO Gains
Nasdaq Inc. is asking for more specifics relating to share allocations for initial public offerings by small-cap firms as it boosts scrutiny in a corner of the market that’s seen a number of huge ... ( read original story ...)
Global financial companies reassess business risks in China after escalation over Taiwan
Global financial companies, still suffering multibillion-dollar losses in Russia, are now reassessing the risks of doing business in Greater China after escalating tensions over Taiwan, Bloomberg ... ( read original story ...)
Taiwan set for modest rate hike as growth slows 經濟成長趨緩 台灣央行溫和升息
Taiwan’s central bank increased its benchmark interest rate by a modest amount on Thursday last week, the third hike this year, as it tries to battle inflation without further weighing down its ... ( read original story ...)
Taiwan Pledges ‘Effective’ Measures as Markets Tumble
TAIPEI (Reuters) - Taiwan's stock stabilisation fund is paying close attention to market conditions and will take "effective" countermeasures, Deputy Finance Minister Frank Juan told Reuters on Monday ... ( read original story ...)
The financial system is still dealing with the fallout from 2008
The huge amount of quantitative easing required to paper over the financial crisis meant that the Treasury market growth outpaced the ab ... ( read original story ...)
Singapore ousts Hong Kong as top Asian finance hub
Hong Kong slipped to fourth place, battered by strict COVID-19 restrictions and an exodus of talent, while San Francisco moved up two spots to round out the Global Financial Centres Index’s top five. ( read original story ...)
China vows interference with Taiwan will be ‘crushed’ by ‘wheels of history’
Chinese Foreign Minister Wang Yi delivered an ominous message on Saturday at the UN General Assembly, stating that international leaders who interfere with Taiwan will be “crushed by the wheels of ... ( read original story ...)
China underscores commitment to Taiwan, warns interlopers
Only when China is fully reunified can there be true peace across the Taiwan Strait,” Wang Yi, China’s foreign minister, said at the U.N. General Assembly. ( read original story ...)
Here’s why the only Bay Area tech company to go public in a major IPO this year has done well since its debut
Inflation is up. Stocks are down. The economy is stumbling. And the markets are basically closed to new tech stocks. No matter: #CredoTechnology — one of the few to hit #WallStreet this year — is ... ( read original story ...)
Weekly Small Cap and IPO Wrap: Aussie markets lose Queen; a whack of market cap; merit only bullet point summary
Wow. Another exciting few days. The small caps (XEC) index copped it bad, down 2.5% today and 6.6% for the week. ( read original story ...)