Taiwan's economy is set for strong growth in 2021 after bucking a global downturn this year thanks to demand for its hi-tech products during the coronavirus pandemic and investment returning from ... ( read original story ...)
Taiwan to invest NT$8 billion over 5 years in quantum computing R&D
Ministry of Economic Affairs (MOEA) and Academia Sinica are set to invest a total of NT$8 billion (US$280.7 million) over five years to establish an R&D team to enhance Taiwan's quantum computing ... ( read original story ...)
Tech Shares May Continue To Boost Taiwan Bourse
The Taiwan stock market has finished higher in three straight sessions, gathering almost 380 points or 2.7 percent along the way. The Taiwan Stock Exchange now rests just above the 14,360-point ... ( read original story ...)
China Market Update: JD Health’s IPO Has “The Right Stuff” To Fly, Hong Kong Value “Bought The Farm” And Underperformed
Asian equities were mostly off on plunging/light volumes. Taiwan outperformed while Korea took a hit after yesterday’s strong performance. The Hang Seng was off by -0.76% on US-China political ... ( read original story ...)
FSC to inspect the nation’s top 10 mortgage lenders
The Financial Supervisory Commission (FSC) is later this month to begin a special examination of the nation’s top 10 mortgage lenders to see if banks exercise solid risk management, FSC Chairman ... ( read original story ...)
G7 officials back need to regulate digital currencies
Finance ministers and central bankers from G7 economies strongly support the need to regulate digital currencies, the US Department of the Treasury said in a statement on Monday after a virtual ... ( read original story ...)
Acer Reports November Consolidated Revenues of NT$28.72 Billion, Up 40.6% YoY
Acer announced today its consolidated revenues for November at NT$28.72 billion, up 40.6% year-on-year (YoY) and by 12.5% month-on-month. Consolidated revenues for year-to-November reached NT$248.72 ... ( read original story ...)
Taiwan November export value historically second highest, says MOF
Taiwan's exports totaled US$31.99 billion in November 2020, growing 12% on year to reach the second highest-ever monthly level, next only to US$32.23 recorded in the preceding month, according to the ... ( read original story ...)
Taiwan Stock Market May Be Stuck In Neutral On Tuesday
The Taiwan stock market has tracked higher in back-to-back trading days, gathering almost 280 points or 2 percent along the way. The Taiwan Stock Exchange now rests just above the 14,250-point plateau ... ( read original story ...)
Taiwan’s exports to mainland hit new high
Taiwan exports to the mainland and Hong Kong reached 13674 billion US dollars in the first 11 months of this year a new high for ... ( read original story ...)
Airbnb to increase IPO price: report
Home-sharing giant Airbnb Inc, which is scheduled to go public this week, is to significantly raise its initial public offering (IPO) price, valuing the group at more than US$40 billion, the Wall ... ( read original story ...)
Exports rise 12 percent amid tech boom
Taiwan’s exports last month expanded 12 percent from a year earlier to US$31.99 billion, accelerating from an 11.2 percent hike in October, as local firms are seeing the biggest-ever boom in demand ... ( read original story ...)
UPDATE 1-Taiwan November exports up again, boosted by new phones
Taiwan's exports rose in November for the fifth consecutive month and at a stronger-than-expected pace, boosted by surging global demand for the island's electronic goods as people work from home ... ( read original story ...)
Sinovac aims for 600 million dose capacity for COVID vaccine
Chinese vaccine company Sinovac announced Monday that it is planning to complete a new facility to double its annual vaccine production capacity to 600 million doses by the end of the year, while also ... ( read original story ...)
Taiwan Stronger-Than-Expected Trade Bolsters Asia Export Rebound
Taiwan exports surged at their fastest pace since February as a resurgence in demand for traditional manufacturing goods added to already strong shipments for high-tech products. ( read original story ...)
Taiwan Stock Market Has A Green Light For Monday’s Trade
The Taiwan stock market bounced higher again on Friday, one session after ending the two-day winning streak in which it had jumped almost 270 points or 2 percent. The Taiwan Stock Exchange now rests ... ( read original story ...)