A total of 39.07 million cards were active during the month. Credit card issuing institutions in Taiwan collectively hold an undue balance of $10.27b (NT$338.6b) as of January 2025, according to data ...
Taiwan finance ministry asks banks to shield firms from tariff risks
The finance ministry has told state-owned banks to brace for a possible tariff war and asked them to assist small- and medium-sized enterprises if one breaks out, sources told CNA on Thursday.
Taiwan financial agency tackles surge in fraud with digitalization
Financial institutions prevented 13,580 scam cases and blocked NT$10.1 billion in fraudulent transactions last year | ...
Foxconn to post higher Q4 profit on AI server demand
Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Friday that fourth-quarter profit rose 2.35% on strong demand for artificial intelligence servers. Net profit ...
Central bank warns of currency risks, inflation
Separately, the central bank expects inflation this year to be stable at around 2 percent, though adding it could revise the forecast upward if prices of electricity and railway tickets rise. “We need ...
Acer Reports FY2024 Net Income of NT$5.54 Billion and NT$1.7 Cash Dividend Per Share
Acer Inc. (TWSE: 2353) announced its financial results for the fourth quarter of 2024 and fiscal 2024 ended December 31. In the fourth quarter, Acer reported consolidated revenues of NT$66.02 billion, ...
Taiwan Warns of Currency Risks From Stock Outflows, Trump Policy
Taiwan’s central bank spent a record amount of money defending its currency last year and may need to do more, given worsening stock market outflows and escalating trade tensions.Most Read from Bloomb ...
Taiwan Semiconductor joint venture is ‘best option’ for Intel, Wolfe Research says
The fact that Taiwan Semiconductor ( NYSE: TSM) is still reportedly sniffing around a joint venture to run Intel's ( NASDAQ: INTC) foundries — even after announcing a $100B U.S. investment this month ...
Intel foundry takeover joint venture pitched by TSMC to other chip designers, per Reuters
TSMC has pitched U.S. chip designers about taking stakes in a joint venture that would operate Intel's factories, according to sources.
Intel stock climbs following report that TSMC has pitched Nvidia, AMD on venture to run Intel’s foundry business
Shares of Intel rose on Wednesday following a Reuters report that TSMC has pitched Nvidia, AMD, and Broadcom on a plan to run Intel's chip manufacturing business.
Is Taiwan Semiconductor Manufacturing Company Limited (TSM) The Best Fast Growing AI Stock To Buy Right Now?
We recently compiled a list of the 8 Fastest Growing AI Stocks To Buy Right Now. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ...
Webus International Limited CEO Nan Zheng Shares Post-IPO Progress and Strategies
Hangzhou, CHINA, March 12, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (the “Company”) ( NASDAQ: WETO ), a leading provider of AI-driven mobility solutions specializing in premium, ...
OBI Pharma Receives ‘Most Promising ADC Clinical Candidate in Taiwan’ Award
Dr. Heidi Wang Accepts Award on Behalf of OBI Pharma at ADC Asia Congress 2025 and Gives a PresentationTAIPEI, Taiwan, March 12, 2025 (GLOBE NEWSWIRE) -- At the ADC Asia Congress 2025 held today (3/12 ...
Asian AI Innovator AICE Shines as First Runner-Up in MWC Global Competition
The globally renowned Mobile World Congress (MWC) in Barcelona concluded on March 6, 2025. AI technology startup AICE Inc. was invited by Alibaba Cloud to exhibit at the "4 Years From Now" (4YFN) ...
Billion Watts Leads Taiwan’s Energy Storage Milestone: 64MW E-dReg Officially Commissioned
Billion Watts Technologies Co., Ltd., a subsidiary of Billion Electric Co., Ltd. (TWSE: 3027), has successfully completed the construction and commissioning of a 64MW/262.43MWh energy storage facility ...
Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles
Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes ...