Taiwan chipmaker Powerchip Semiconductor Manufacturing Corp is considering around five sites in Japan, including Mie prefecture, for setting up a potential $5.4 billion factory as talks on subsidies ...
Taiwan’s Powerchip considering 5 sites in Japan for $5.4 bln factory – sources
Taiwan chipmaker Powerchip Semiconductor Manufacturing Corp is considering around five sites in Japan, including Mie prefecture, for setting up a potential $5.4 billion factory as talks on subsidies ...
TSMC third-quarter profit to slide 30%, focus on how much growth to come
Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 30% slump in third-quarter profit on Thursday but analysts predict robust growth next year as the chip industry emerges from its ...
Kokusai Electric Raises $724 Million in IPO despite Reduced Chip Demand
Japanese chip maker Kokusai Electric has raises 724 million in its IPO despite global shortage in demand for chips.
Sheffield Green to raise S$6 million through Catalist IPO at S$0.25 per share
HUMAN resources provider Sheffield Green is seeking to raise over S$6 million through an initial public offering on the Catalist board of the Singapore Exchange. Read more at The Business Times.
Taiwan Stock Market Soars: A Week of Opportunities and Challenges Ahead
As the golden hues of the setting sun bathed the towering skyscrapers in Taipei, Taiwan’s stock market closed at a robust 16782.52 points on the 13th. This was not a random act of fortune. It was the ...
Putin’s visit to Beijing underscores China’s economic and diplomatic support for Russia
Russian President Vladimir Putin is expected to meet this week with Chinese leaders in Beijing on a visit that underscores China’s economic and diplomatic support for Moscow during its war in Ukraine.
Taiwan Stock Index Navigates Choppy Waters Amid Global Uncertainty
As Friday’s closing bell echoed through the trading floors, the Taiwan Stock Index was nursing a downward trajectory, ending the day at 16,782.57 points. The stock exchange trend revealed a ...
INSIGHT-Fearing China, South Korea targets contractors on Taiwan navy submarines
South Korean authorities cited the risk of Chinese economic retaliation when they charged marine technology firm SI Innotec last year with violating trade laws for its work on Taiwan's new military ...
A Day of High Stakes: Taiwan Stock Index and the Rise of Electronic Stocks
The day was Friday, October 13th, a date that will be marked in the annals of Taiwan’s financial history. The Taiwan Stock Index, a barometer of the island’s economic pulse, closed at 16,782.57 points ...
Cathay Financial lowers GDP forecast to 1.3 percent
Cathay Financial Holding Co (國泰金控) yesterday lowered its forecast for the nation’s GDP growth this year from 1.8 percent to 1.3 percent — its second downward revision this year — due to weak exports, ...
Largest financial firms rake in NT$27.99 billion
making them the two most profitable financial conglomerates. Their banking arms Taipei Fubon Bank (台北富邦銀行) and Cathay United Bank (國泰世華銀行) continued to benefit from earlier interest rate hikes at home ...
Slowdown lowers tax revenue 9%
Tax revenue last month declined 9 percent from a year earlier to NT$332.4 billion (US$10.31 billion), as an economic slowdown weighed on corporate and personal income taxes, although securities ...
Taiwanese Financial Sector’s $6.3B Exposure to Israel Amid Conflict: Risk Under Control, Says FSC
Taiwan’s Financial Exposure Amid Israel-Palestine Conflict As the Israel-Palestine conflict escalates, Taiwanese financial institutions’ growing exposure to Israel has become a subject of concern. The ...
Taiwan minister says TSMC has received China chip waiver extension from US
Taiwanese chipmaker TSMC has received from the United States a waiver extension to supply U.S. chip equipment to the company's factories in China, Taiwan Economy Minister Wang Mei-hua said on Friday.
UPDATE 1-Taiwan Sept exports rise for first time in 13 months, lifted by US demand
Taiwan's exports emerged from a year-long decline in September, rising for the first time in 13 months on increased demand from the United States ahead of the year-end holiday shopping season.