China reserves the right to use force over Taiwan as a last resort in compelling circumstances, though peaceful reunification is its first choice, a Communist Party spokesman said on Saturday. ( read original story ...)
UK’s Truss fires finance minister
The chancellor of the exchequer was dismissed in person by Truss after he rushed back early from international meetings in Washington, multiple media reports said, and she was due later to hold her ... ( read original story ...)
Mobileye IPO: Should You Buy?
Intel proposed spinning off Mobileye last year, and just filed the paperwork for an IPO. Mobileye has been growing sales at a 36% CAGR over the last five years. The IPO market for tech stocks has been ... ( read original story ...)
Taiwan Semi rallies as exposure to China restrictions minimal, capital spending cut
Taiwan Semiconductor Manufacturing Co. injected some much needed optimism into the chip sector Thursday, after the third-party silicon-wafer fabricator reported results and an outlook that indicated ... ( read original story ...)
Here’s how Taiwan sidestepped a $688 billion problem that was similar to the trouble engulfing U.K. pension funds
That translates to some $688 billion, a majority of which JPMorgan believes is invested in long end of U.S. high grade market. He said Taiwan regulators this week allowed local insurers to reclassify ... ( read original story ...)
What chip bust? A Japanese semiconductor firm IPO jumps almost 15% in its trading debut
Shares in semiconductor firm Socionext surged 14.6% in their debut on the Tokyo Stock Exchange on Wednesday, defying both a drought in initial public offerings and a rapidly deflating chip market. ( read original story ...)
Taiwan government warns that «the island will not be the only victim» of a blockade by China
Taiwan’s Finance Minister Wang Mei Hua warned Thursday that a Chinese blockade of the island would hurt other nations in the region, including Beijing, he told Bloomberg. «Taiwan would not […] ... ( read original story ...)
Taiwan banks’ bad loans dropped to $1.86b
NPL ratio remained at 0.16%. Taiwan’s 39 banks’ non-performing loans (NPLs) totalled $1.86b in August, a decrease of $5.2m from the previous month according to the latest statistics by the Financial ... ( read original story ...)
Senators seek billions more in military aid for Taiwan
Senators are looking to shore up Taiwan’s defenses amid heightened tensions with China, and are poised to green-light billions more in military aid to the island to make it happen. Defense policy ... ( read original story ...)
Mega Financial mulling second capital increase
State-run Mega Financial Holding Co (兆豐金控) is reportedly planning a second capital increase for its non-life insurance arm, Chung Kuo Insurance Co (兆豐產險), as losses from claims linked to COVID-19 ... ( read original story ...)
Tax revenue increases 21% on corporate income tax
Corporate income tax revenue swelled 55 percent to NT$163.4 billion last month, as companies generally reported an improvement in business, although the nation’s exports faltered, the ministry said. ( read original story ...)
US lawmaker reaffirms commitment
The Ministry of Finance in July said that Taipei and Washington had inked taxation-related deals, such as a transportation income tax agreement in 1988. However, the two countries have not entered ... ( read original story ...)
Taiwan Reasons Why It Is Futile For US And China To Harm TSMC
Chen Ming-tong, director-general of Taiwan's National Security Bureau, deemed it useless to take over facilities from Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM) if Beijing took control ... ( read original story ...)
Socionext Defies Chip Slump With Japan’s Biggest IPO This Year
Making its market debut on Wednesday, Japan's Socionext Inc bucked softening sentiment toward chips by surging 15% in Tokyo's biggest initial public offering of the year so far. Shares in the fabless ... ( read original story ...)
Asian markets in decline as Taipei, Tokyo and Seoul share trading resumes after holidays
Stocks in Taiwan were down 4% early in the first trading session after the U.S. imposed new limits on exports of semiconductors and chip-making equipment to China. ( read original story ...)
Chip Firm Socionext to Debut in Tokyo After Japan’s Biggest 2022 IPO
Chip design firm Socionext Inc. extended gains to more than 11% in its Tokyo debut after completing Japan’s largest initial public offering this year, defying recent investor pessimism about global ... ( read original story ...)