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Tag: financials

Posted on 30/01/2025

Taiwan receipt lottery offers more prizes for year ahead

Consumers have more chances to win Taiwan’s receipt lottery this year, despite cuts to the finance ministry’s budget. According to an analysis by the Taiwan FactCheck Center published Friday, an ...

Posted on 30/01/2025

Taiwan Semiconductor Gains Government Support, Faces Trump’s Tariff Threats, Cheaper Chinese Rivals

Taiwan promises to support chip industry amid US tariff threats. Taiwan's trade surplus with US surged 83% in 2024, with exports reaching $111.4B.

Posted on 29/01/2025

AI demand lifts Taiwan’s U.S. exports, investments to record highs

TAIPEI -- Taiwan's exports to the U.S. and direct investment in the country surged to record highs in 2024, driven by demand for data center equipment used in artificial intelligence.

Posted on 28/01/2025

Nvidia, Broadcom, Nebius Group, Taiwan Semiconductor, And Tesla: Why These 5 Stocks Are On Investors’ Radars Today

Monday’s trading session saw mixed results in the U.S. stock market. The S&P 500 dropped by 1.5% to 6,012.28, shedding nearly 90 points, while the NASDAQ fell 3.07% to 19,341.83. On the other hand, ...

Posted on 28/01/2025

Why Artificial Intelligence (AI) Hardware Winners Taiwan Semiconductor, Marvell, and Arista Networks Plunged by Double Digits Today

Shares of AI-related hardware companies plunged on Monday, including Taiwan Semiconductor Manufacturing ( TSM -14.11%), Marvell Technology ( MRVL -18.96%), and Arista Networks ( ANET -23.50%), which ...

Posted on 28/01/2025

Taiwan relaxes regulations in asset management hub plan

Taiwan is making headway in easing asset management regulations and opening up the private banking market to facilitate plans to turn the island into an asset management hub, says Yan-Liang Chen, vice ...

Posted on 28/01/2025

Taiwan chipmaker TSMC evacuates factories after 6.4-magnitude earthquake

A 6.4-magnitude earthquake struck Taiwan ’s southern Chiayi county on Tuesday, causing minor injuries and damage to houses and prompting evacuations at a prominent chipmaker’s factories. At such a ...

Posted on 28/01/2025

DeepSeek AI Debut Sparks 10% Dive in Taiwan Semiconductor Stock

Affordable, DeepSeek in China competes with AI models from US tech giants Meta (META, Financial) and OpenAI while offering the same performance. Investors were becoming concerned about traditional AI ...

Posted on 27/01/2025

Qiming Venture Partners’ Portfolio Company HyperStrong Successfully Listed on STAR Market

Founded in 2011, HyperStrong has established itself as a trusted partner in the global transition to renewable energy. The company provides a wide range of energy storage solutions including ...

Posted on 27/01/2025

China’s Espionage Tactics Exposed: Targeting Taiwan’s Retired Defenders

China has been quietly building a powerful espionage network aimed at infiltrating Taiwan’s defense and law enforcement systems. This network has been growing for years, and Taiwan is now revealing ...

Posted on 27/01/2025

Tax-to-GDP ratio hits 26-year high at 14.7 percent

Social security contributions, including labor and health insurance, have continued to rise in the past few years to comply with global trends. It reached NT$1.39 trillion last year, an increase of ...

Posted on 25/01/2025

Taiwan receipt lottery winners at PX Mart and 7-Eleven

A person who spent NT$69 (US$2.10) for a lunchbox at PX Mart in Puzi, Chiayi County, won a NT$10 million (US$305,000) special prize in the latest edition of the Taiwan receipt lottery Saturday. The ...

Posted on 25/01/2025

Ascentage Pharma raises $126m in first biotech IPO of 2025

The funds will support the development of Ascentage’s pipeline, including its lead candidate olverembatinib to treat blood cancer.

Posted on 25/01/2025

Taiwanese Financial Regulator To Propose Law That Would Enable Banks To Issue Stablecoins: Report

The independent government agency regulating Taiwan's financial markets will reportedly propose a special law that will allow banks to issue stablecoins.

Posted on 25/01/2025

Coffee businesses set to post NT$40 billion sales for 2nd year in 2024

Coffee sales were expected to exceed NT$40 billion (US$1.22 billion) in Taiwan for a second consecutive year in 2024, reflecting the growing thirst for coffee in Taiwan and the lifestyle it represents ...

Posted on 25/01/2025

Taiwan Economic Growth Accelerates In 2024

Taiwan's economy expanded four times faster than the year before in 2024, government data showed Friday, thanks to global demand for the island's high-tech exports.

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