Taiwan's economy shrank in the final quarter of 2022, the government said Wednesday, in the island's worst quarterly contraction since it was hammed by the global financial crisis in late 2009.
Taiwan Q4 GDP unexpectedly shrinks, worst performance in 13 years
Taiwan's trade-dependent economy unexpectedly contracted in the fourth quarter, putting in its worst performance in 13 years, hit by a drop in exports on slowing global tech demand and COVID-related ...
NHI data might have gone to China: report
Evidence indicates that data allegedly leaked from the National Health Insurance Administration (NHIA) might have been given to China, media reported yesterday as prosecutors and the agency continued ...
TSMC foots the bill for global chip supremacy
It's expensive being the world's dominant chipmaker. Taiwan Semiconductor Manufacturing on Thursday reported a bumper end to 2022, with December quarter earnings up a blistering 78% year-on-year to a ...
10 events that shook the financial world in 2022—according to OctaFX
KUALA LUMPUR, MALAYSIA - Media OutReach - 10 January 2023 - The time has arrived for international broker OctaFX’s annual retrospective of events impacting the world economy—compiled towards the ...
Janet Yellen to meet Chinese finance minister in Zurich this week
US Treasury secretary Janet Yellen will meet her Chinese counterpart Liu He in Zurich this week, in a surprise move that signals Washington and Beijing’s commitment to improving ties between the two ...
Taiwan chip exports jumped 18.4% last year as US sanctions crushed China’s imports
As per Bloomberg, the Taiwan Ministry of Finance announced that its export of IC chips rose 18.4% from a year earlier, continuing a trend that has ...
Taiwan chipmaker UMC imposes strict cost controls over weak demand
Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of soft demand and a weak outlook, in a further sign of pain facing the tech ...
POSIFLEX Expands Success in POS with Superior Supply Chain Resilience
As one of the world’s top five electronic Point of Sale (POS) system suppliers, Posiflex Technology is wrapping up a particularly banner year for 2022, benefiting from vigorous refurbishments in ...
WTW appoints Tony Yen as Head of Taiwan
WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced the appointment of Tony Yen as Head of Taiwan, effective 1 January 2023. Tony succeeds Charles Wang who ...
Taiwan still semiconductor leader as chip exports surge 18.4% in 2022
Taiwan’s heft in the industry rests on the output of giants like TSMC, which has more than half of global market share. Read more at straitstimes.com.
Chunghwa Express workers might go on strike
The Chunghwa Express Co employees’ union said it might go on strike before the Lunar New Year holiday, due to a salary dispute, after a vote on possible labor action passed on Saturday. The company, ...
Taiwan shares rise; investors should be cautious
Taiwanese shares last week rose from the previous week in tandem with a rally of tech stocks on Wall Street, but investors should remain cautious about negative developments emerging from global ...
Call for PLA to use AI for ‘smart deterrence’ against US over Taiwan
Meanwhile, American think tank the Centre for Strategic and International Studies warned in a recent report that while Beijing would be unlikely to succeed in seizing Taiwan in a ...
China’s new financial direction
China’s rise has been the defining story of the past three decades. No analysis of international economics or politics can ignore it. However, the conversation has shifted. Before 2017, it was widely ...
Taiwan Semiconductor stock up as company expects easing to chip shortage
Yahoo Finance's Dan Howley discusses the latest on chip stocks after Taiwan Semiconductor's chief said that supply chain issues are improving.