Biren Technology, a Chinese artificial intelligence (AI) chip developer seen as a potential rival to industry leader NVIDIA (NASDAQ:NVDA), is making preparations for an initial public offering (IPO).
Expert View: SMIDs to gain from rate cuts; Nifty 50 may deliver low-teen return: Baroda BNP Paribas MF’s Jitendra Sriram
The leverage for the SMID space is usually higher, and they would be bigger beneficiaries of a rate-easing cycle as it gets underway, says Jitendra Sriram of Baroda BNP Paribas Mutual Fund.
Russian Hackers Hit Taiwan Bourse, Bank in Surprise Attack
Russian hacker groups briefly disrupted Taiwanese financial platforms including the stock exchange and lender Mega Financial Holding Co.’s website, exposing the vulnerability of the island to foreign ...
Taiwan’s financial sector hit by major cyberattack: Here’s what happened
Taiwan's Ministry of Digital Affairs reported that the Taiwan Stock Exchange experienced a spike in web queries from overseas IP addresses, leading to significantly higher traffic than usual. Despite ...
China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande
Chinese authorities have banned the accounting firm PwC for six months and fined it over $56 million for its involvement in the audit of collapsed local property developer Evergrande.
New Taipei Steps Up Tourism Promotion in Thailand: Inviting More Visitors to Explore Northern Taiwan
The New Taipei City Government's Tourism and Travel Department held a tourism promotion event in Bangkok, Thailand, on September 6, working with New Taipei's hospitality industry to promote the city's ...
Zenas, Bicara set out to raise $180M-plus in separate IPOs to fund autoimmune, cancer prospects
Zenas, after adding the IPO proceeds to its existing cash ... having licensed the rights to the molecule in Japan, South Korea, Taiwan, Singapore, Hong Kong and Australia for $50 million up front a ...
Taiwan’s MIRDC Triumphs Again at the Prestigious R&D 100 Awards
KAOHSIUNG, Sept. 12, 2024 /PRNewswire/ -- With the support of the government, MIRDC has won the prestigious R&D 100 Awards for six consecutive years, and has successfully applied these innovations to ...
Tech war: US-sanctioned Chinese AI chip rival to Nvidia, Biren Technology, plans IPO
The tutoring process, which is mandatory for all IPO applicants in China before filing a listing ... Biren from engaging the service of world-leading foundries, including Taiwan Semiconductor ...
Taishin raises offer for Shin Kong in what could be Taiwan’s biggest financial deal
Taiwan financial conglomerate Taishin said it would raise its offer for peer Shin Kong by 25% to about T$222.4 billion ($7 billion), in a deal that would be Taiwan's biggest-ever financial services ...
Taiwan reports NT$170 billion tax revenue in August
TAIPEI (Taiwan News) — The Ministry of Finance (MOF) reported Wednesday (Sept. 11) the national tax revenue was NT$170.8 billion (US$5.31 billion).
TURN-OVER OF FINANCIAL ASSISTANCE TO SCHOLARS IN TAIWAN
Governor Eugenio Jose “Bong” Lacson led the distribution of financial assistance worth P600,000 to 10 scholars of the Provincial Government of Negros Occid ...
Taiwan Bourse: Support Expected At 21,000 Points
The Taiwan stock market has moved lower in three straight sessions, slumping more than 400 points or 1.9 percent along the way. The ...
NMDC Energy Shares Fall On Market Debut, But Outlook Remains Strong
The shares of NMDC Energy, a unit of NMDC Group, a conglomerate that operates in engineering, procurement, construction, and marine dredging, fell ...
Taishin Financial updates its terms for Shin Kong merger
and Shin Kong Financial president Stephen Chen (陳恩光) unveiled the revised share swap schemes at a news conference at the Taiwan Stock Exchange in Taipei last night. Under the new terms, Taishin ...
Importance of trust in financial industry
They must also ensure fairness, requiring all financial operators to respect and follow the same rules. This enables the healthy development of the industry and protects the rights and interests of ...