Shares closed at $10.59 apiece, a 76.5% jump from the IPO price. Belite is a subsidiary of Lin BioScience, a publicly traded company based in Taiwan. According to Belite’s prospectus ... ( read original story ...)
Trade surplus to pass US$70bn
Taiwan’s trade surplus should hit a new high above US$70 billion this year, largely because of ongoing robust global demand for semiconductors, the Ministry of Finance said on Tuesday ... be at the ... ( read original story ...)
U.S. holds high-level talks with U.K. over threat to Taiwan: FT
WASHINGTON/TAIPEI (Financial Times) -- The U.S. has held top-level talks with the U.K. on how they can co-operate more closely to reduce the chances of war with China over Taiwan and to explore ... ( read original story ...)
Blinken deflects questions about Taiwan joining IPEF
Reuters cited unnamed sources in a March 31 story as saying that Raimondo told a closed-door meeting of the US Senate Finance Committee the week before that the administration was not considering ... ( read original story ...)
Eye drug developer Belite Bio stock soars 160% following $36M IPO
The company’s principal stockholder, Taiwan’s Lin BioScience ... The company plans to use proceeds from the IPO in part to fund Phase 3 clinical testing for its drug candidate LBS-008 for ... ( read original story ...)
U.S. tells Taiwan room exists for further progress on chip supplies
TAIPEI, April 29 (Reuters) - The United States is grateful for Taiwan's efforts to resolve a global shortage of semiconductors and further improvements can be made to speed up supply chains ... ( read original story ...)
Taiwan Stock Market Has Solid Lead For Friday’s Trade
E Sun Financial gained 0.30 percent, Taiwan Semiconductor Manufacturing Company advanced 0.95 percent, United Microelectronics Corporation skyrocketed 9.23 percent, Hon Hai Precision strengthened ... ( read original story ...)
Tax filing deadline extended for all by one month
The Ministry of Finance on Wednesday extended the deadline for filing tax returns for all taxpayers until June 30, after earlier saying the extension would only apply to people being treated for COVID ... ( read original story ...)
Taiwan’s invitation to White House internet event likely to trigger angry response to Beijing
Taiwan has been invited to attend a senior-level virtual meeting on the future of the internet hosted by the White House. The invitation - a further sign of the US regularising its high-level official ... ( read original story ...)
Taiwan Buy Now Pay Later Markets Report 2022-2028: BNPL Payment Adoption is Expected to Grow Steadily at a CAGR of 44.6%
The "Taiwan Buy Now Pay Later Business and Investment Opportunities Databook - 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer ... ( read original story ...)
Taiwan faces largest Covid-19 outbreak yet as boy, two, becomes youngest victim
Taiwan, which had been living mostly free of Covid-19, is now facing its worst outbreak since the beginning of the pandemic with over 11,000 new cases reported on Thursday. Cases have been on the ... ( read original story ...)
Huali founder Zhang Congyuan, shoe magnate, remains Taiwan’s richest person in Forbes list despite lower net worth
The 74-year-old founder of Huali Industrial Group tops Forbes list of Taiwan’s 50 Richest for the second year even though his estimated net worth declined 12 per cent to US$12.1 billion. ( read original story ...)
AcroViz’s Dementia Prediction Model Demonstrates High Accuracy in Recent Study
Predictive cognitive decline for efficient prognosis and resource allocation to improve patients' wellness TAIPEI, April 28, 2022 /PRNewswire/ -- An age-based dementia grading and predicting model ... ( read original story ...)
Parade Technologies Reports First Quarter 2022 Financial Results
Q122 consolidated revenue US$210.72 million, compared with US$153.11 million in the year-ago quarter ; Q122 consolidated net income US$59.19 million; Basic a ... ( read original story ...)
China lockdowns, Ukraine war make ‘relatively small’ impact on Taiwan economy
Senior minister says Taipei is keeping a close watch on developments as some electronics components operations affected. ( read original story ...)
Expresso Business News Update at 6:00 pm on 27th April
You are listening to the Expresso Business Update. Here is the latest news from the world of Indian and International business brought to you by The Indian Express and The Financial Express. ” Let’s ... ( read original story ...)