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Tag: financials

Posted on 15/03/2023

UPDATE 1-Apple supplier Foxconn’s Q4 profit falls 10%, in line with estimates

Apple Inc supplier Foxconn reported on Wednesday a 10% fall in fourth-quarter net profit from a year earlier, as production at its biggest iPhone factory was disrupted by China's strict COVID-19 rules ...

Posted on 15/03/2023

These Are the 20 Richest Families in Asia Right Now

Did you know Djarum-backed PT Global Digital Niaga, the owner of e-commerce group Blibli, had Indonesia’s second-largest IPO of 2022. 1950 ... stakes in two large financial-holding companies in Taiwan ...

Posted on 15/03/2023

TMYTEK and Celanese Showcase Innovative Ultra-Low SWaP ESA Solution with Antenna-on-Chip (AoC) at Satellite 2023

TMY Technology Inc. (TMYTEK), a leading provider of millimeter-wave solutions, has partnered with Celanese, a global chemical and specialty materials company, to present their new dual-polarization ...

Posted on 14/03/2023

Taiwan Semiconductor: Upside Potential Outweighs Possible Risks

Taiwan Semiconductor's stock price declined about 37% during calendar 2022 despite delivering stellar financials in FY2022. See why I rate TSM stock as a Buy.

Posted on 14/03/2023

Can Taiwan Semiconductor Manufacturing Company Limited (TSM) Grow Its Earnings in the Coming Years?

In addition, please check the fund’s top five holdings to know its best picks in 2022. Baron Emerging Markets Fund highlighted stocks like Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ...

Posted on 14/03/2023

Takeaways from China’s People’s Congress: Xi’s new appointees, economic reboot, and a ‘Great Wall of Steel’

NPC, the Chinese government unveiled key priorities including tech self-sufficiency and President Xi Jinping further cemented his power.

Posted on 14/03/2023

Why Chinese students are an increasingly rare sight in Taiwan

Caught in the middle of rising cross-strait tensions, there are few Chinese students left on the self-ruled island.

Posted on 14/03/2023

Asian financial stocks drop as SVB risks assessed

Asian lenders declined even as US authorities on Sunday raced to stem jitters about the health of the nation’s financial system, pledging to fully protect all depositors’ money following the collapse ...

Posted on 14/03/2023

Online O-Bank expecting double-digit record growth

O-Bank Co Ltd (王道商業銀行), the nation’s first online bank, is pursuing double-digit percentage growth in core businesses this year on top of last year’s record earnings, undeterred by lingering economic ...

Posted on 13/03/2023

Taiwan says defence spending to focus on readying for ‘total blockade’ by China

Taiwan's defence spending this year will focus on preparing weapons and equipment for a "total blockade" by China, including parts for F-16 fighters and replenishing weapons, the military said in a ...

Posted on 13/03/2023

Navitas to Present Next-Gen Semiconductors at Taiwan Investor Meeting

Expansion of technology, markets and geography positions Navitas GaN and SiC to replace legacy silicon chips in $22B/year market opportunity Navitas to Present Next-Gen Semiconductors at Taiwan ...

Posted on 13/03/2023

Taiwan Blasts EU for Wanting Chips While Denying Trade Talks

The European Union may not get a chip plant from Taiwanese companies if it continues to refuse to engage Taipei in trade talks, the government-backed Central News Agency said in an editorial column on ...

Posted on 13/03/2023

Most Asian Markets Sink After US Lender’s Collapse

Most Asian markets fell Monday as the closure of two regional US banks sparked fears of contagion in the financial sector, even as officials promised to support customers. The collapse Friday of ...

Posted on 13/03/2023

PishPosh postpones $9M IPO, two days after shares were priced

The company gave no reason for the delay, stating only that it intended to pursue an IPO at a later date. PishPosh announced early Wednesday that it had priced 1.8M of its shares at $5 per share ...

Posted on 13/03/2023

Local exposure to Silicon Valley Bank limited: FSC

The commission said local banking, insurance and securities industries had no exposure through their own funds to Silicon Valley Bank, and that the only investments affected would have been mutual ...

Posted on 11/03/2023

WRAPUP 2-Taiwan warns of China’s ‘repeated provocations’, China tells US not to cross red line

China warns US not to cross red line on Taiwan Taiwan President, US House Speaker plan to meet in US By Ben Blanchard and Ryan Woo TAIPEI/BEIJING, March 7 (Reuters) - Taiwan will not allow ...

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