The Financial Supervisory Commission (FSC) yesterday met with some of the nation’s largest insurance companies as a skyrocketing New Taiwan dollar piles pressure on their hundreds of billions of ...
Oil slips, Taiwan dollar surges at start of central bank-heavy week
Oil prices fell on Monday after oil-producing group OPEC+ agreed to accelerate oil production increases, while Taiwan's dollar surged to almost three-year highs at the start of a central bank-packed ...
The one-in-a-trillion event tying Taiwan’s dollar, Trump trade policy and the AI revolution all together
Taiwan’s currency is exploding higher, and along with it fears about what Bloomberg reports is $767 billion of foreign assets held by Taiwan’s life insurers.
Analysis-Taiwan dollar’s record rally is a trade-war tremor
An unprecedented two-day surge in Taiwan's currency is the latest leg of a scramble out of the U.S. dollar and signal of disquiet in markets as U.S. President Donald Trump's trade war rattles ...
Taiwan’s Markets Jolted as Currency Surges Most Since 1980s
Taiwan’s dollar surged as much as 5% on Monday, the biggest intraday gain in over three decades, on speculation exporters are rushing to convert their holdings of US dollars to the island’s currency.
Taiwan president calls for end to ‘false’ news about US forex talks
Taiwan's president on Monday called for an end to "false" news about talks with the United States on foreign exchange rate policy, after the Taiwan dollar surged against the U.S. dollar on speculation ...
Taiwan Central Bank Says U.S. Didn’t Make Forex Demands, Urges Calm as Currency Surges
Taiwan’s central bank has denied speculation that the U.S. asked the island to lift the value of the Taiwan dollar, convening an emergency meeting to urge calm after the currency resumed a blistering ...
Taiwan Stocks See Second Day of Inflows Amid Currency Surge
Global funds remained unfazed by the Taiwan dollar’s relentless surge and its likely impact on exporters’ earnings, snapping up the island’s shares for a second straight session.
Taiwan Regulator Summons Life Insurers as Soaring Currency Bites
Taiwan’s markets regulator is meeting some of the island’s largest insurers as a skyrocketing local currency piles pressure on hundreds of billions of dollars in US bond investments.
Chinese Communist Party subsidises Taiwanese temple pilgrimages to China in ‘United Front’ Drive
The Chinese Communist Party (CCP) is providing financial support to templegoers in Taiwan and subsidising trips for them to visit China, as stated by a Taiwanese intelligence official, according to a ...
The Taiwanese dollar’s torrid rally
The volume of US dollar-Taiwan dollar trades in Taipei early Monday jumped to the most since the 2008 global financial crisis. Banks have been bombarded with customer inquiries over the surge, with ...
Foxconn Says April Revenue Rose 25.54% Y/y, Sees Q2 Growth
TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Monday that its April revenue rose 25.54% on year.
Taiwan’s Markets Shaken as Currency Surges Most Since 1980s
Taiwan’s dollar surged as much as 5% on Monday, the biggest intraday gain in over three decades, on speculation exporters are rushing to convert their holdings of US dollars to the island’s currency.
Dollar slips as Taiwan dollar surge sparks revaluation talk
The dollar slipped anew on Monday as a meteoric surge in its Taiwanese counterpart stoked speculation some Asian countries were prepared to engineer revaluations of their currencies to win U.S. trade ...
Taiwan dollar leaps; Buffett to step down
The surging Taiwan dollar was the big mover in a holiday-thinned Asia session, kicking off a busy week of central bank decisions, key economic data and investors coming to grips with Warren Buffett's ...
2 Beaten-Down Technology Stocks to Buy Despite Tariffs
Volatility can be the friend of the long-term investor. Here are two beaten-down technology stocks off around 25% from highs that investors should buy today despite the tariff disruption to our ...