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Tag: financials

Posted on 15/06/2023

Cava Group Set For $2.5 Billion NYSE Debut After Pricing IPO at $22 Per Share

Cava Group will debut on the New York Stock Exchange Thursday after setting the price of its initial public offering at the higher end of its earlier target, suggesting solid demand for shares in the ...

Posted on 15/06/2023

Taiwan pauses rate hikes as focus shifts to flagging economy

Taiwan’s economy is also in recession, shrinking 2.9 per cent in the January-to-March period, the worst performance since the global financial crisis, according to data released late May, when the ...

Posted on 15/06/2023

US, Japan say there are no plans to share drone surveillance data with Taiwan

The Defense Department has denied a recent report that it’s planning to help Japan and Taiwan exchange real-time data from reconnaissance drones.

Posted on 15/06/2023

Taiwan Likely to Pause Rate Hikes as Inflation Slows, Fed Holds

Taiwan’s central bank will likely keep rates on hold for the first time since 2021 at its board meeting Thursday as policymakers shift their priority away from inflation to bolstering the flagging ...

Posted on 15/06/2023

Mild Upside Anticipated For Taiwan Stock Market

The Taiwan stock market has moved higher in four straight sessions, climbing more than 500 points or 3.1 percent along the way. The ...

Posted on 15/06/2023

US committee approves bill on Taiwan-US trade

The US House of Representatives Committee on Ways and Means on Tuesday unanimously approved a bill affirming its support for an initial agreement reached under the US-Taiwan Initiative on 21st-Century ...

Posted on 14/06/2023

Taiwan needs European friends to keep China at bay, minister says on tour

Taiwan wants to secure peace and stability by maintaining the status quo in its relationship with neighbouring China and needs the support of European states to do so, Taiwan Foreign Minister Joseph ...

Posted on 14/06/2023

Erdogan accepts steps new finance minister will take but maintains view on interest rates

Turkish President Tayyip Erdogan said his newly appointed Finance Minister Mehmet Simsek will take unspecified steps swiftly with the central bank, but that it was a mistake to suggest Erdogan had ...

Posted on 14/06/2023

Intel in talks to be anchor investor in chip firm Arm’s IPO

British chip designer Arm Ltd, backed by Softbank Group Corp, is in talks with potential strategic investors including Intel Corp to anchor what is expected to be one of the largest initial public ...

Posted on 14/06/2023

French Finance Chief Won’t Meet Taiwanese Minister on Paris Trip

French Finance Minister Bruno Le Maire isn’t planning to meet Taiwanese economic affairs chief Wang Mei-Hua during a trip to Paris this week that comes just days before Chinese Premier Li Qiang is due ...

Posted on 13/06/2023

Intel Is in Talks to Be an Anchor Investor in Chip Designer Arm’s IPO

British chip designer Arm Ltd., backed by SoftBank Group Corp., is in talks with potential strategic investors including Intel Corp. to anchor what will be one of the largest initial public offerings ...

Posted on 13/06/2023

Taiwan Mobile in Early Talks on Possible Investment in Local Crypto Platform

Telecommunications company Taiwan Mobile Co. is exploring opportunities for collaboration with local crypto platforms, including potentially investing in one of the businesses.Most Read from Bloomberg ...

Posted on 13/06/2023

Sunk Costs: The Difficulty of Using Sanctions to Deter China in a Taiwan Crisis

CSIS experts Gerard DiPippo and Jude Blanchette assess the limits of sanctions on China in a Taiwan crisis. The West should use sanctions early in a crisis and more aggressively than Beijing expects.

Posted on 12/06/2023

Why Taiwan Increased Its Chip Export To The US For A Consecutive 26 Months

Flouting the slump in the international semiconductor market, Taiwan increased its export of chips to the US for a consecutive 26 months. According to a Bloomberg report, there is an escalation of 9 ...

Posted on 12/06/2023

Taiwan Extends Two-Year Rise in U.S. Chip Exports Despite Downturn

Taiwan’s exports of chips to the U.S. rose for a 26th consecutive month in May, defying a downturn in the global semiconductor market. U.S. purchases of Taiwanese semiconductors increased 9% from a ...

Posted on 12/06/2023

US to sell drones to Taiwan in provocative intelligence-sharing plan

Washington is not only supplying military hardware, as it has done in the past, but drawing Taipei into its framework of military alliances in the Indo-Pacific directed against China.

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