Taiwan Financial News

Foxconn is evaluating plans to assemble Apple’s flagship tablet iPad in India, marking a significant expansion of its current operations focused on making iPhones, multiple people aware of the developments told ET.

Foxconn is evaluating plans to assemble Apple’s flagship tablet iPad in India, marking a significant expansion of its current operations focused on making iPhones, multiple people aware of the developments told ET.

Japan’s government says it has protested against Russia’s announcement that it is permanently banning 13 Japanese citizens, mostly business leaders of prominent companies including Toyota Motor Corp., in retaliation for Tokyo’s sanctions over the Russi...

Russia and China are increasingly cooperating in the Arctic region, which could impact regional stability, the U.S. military said as it released its strategy for the Arctic region on Monday.

economic weakness overwhelmed the market’s optimism surrounding interest-rate cuts. Shares in Japan, South Korea and Australia dropped. The S&P 500 fell 0.8% Thursday, extending a drop from the prior session and placing the benchmark on track for its largest weekly decline since April.

The NSE Nifty 50 gained 0.76% to close at 24,801, while the S&P BSE Sensex rose 0.78% to settle at 81,343.

Nasdaq and the S&P 500 rose at the open on Thursday, as megacaps regained ground and an upbeat forecast from Taiwan Semiconductor Manufacturing helped chip stocks recover from a sharp sell-off in the previous session. The Dow Jones Industrial Average fell 41.52 points, or 0.10%, at the open to 41,156.56.

China's ruling Communist Party has ended a top-level meeting by endorsing policies aimed at building the country's technological power and fortifying its national security

Sensex on Thrsday jumped over 600 points and crossed the 81,000 mark for the first time, while Nifty inched closer to Mt 25K by crossing the hurdle at 24,800. As the buying momentum was led by heavyweight bluechips, small and midcap indices fell around 1% each. The combined market capitalization of all listed stocks on BSE, consequently, fell around Rs 80,000 crore to Rs 454.43 lakh crore.

South China Sea this week to successfully rehearse anti-submarine operations, naval combat and providing air defence to vessels, Russia's TASS news agency reported on Thursday. TASS cited a statement from Russia's Pacific Fleet as saying that the drills — dubbed 'Maritime Cooperation 2024 — had now finished. The opening ceremony of the exercise took place in the Chinese port of Zhanjiang, the Russian defence ministry said earlier this week.

Asian fund managers by brokerage BofA shows that the triad of Japan, India, and Taiwan continue to be at the top of investor mindshare, while China and Thailand lag at the bottom from an allocation perspective. Asia Pacific fund managers are 51% overweight Japan, 32% overweight India and 24% overweight Taiwan while China (net 43% underweight) is at the bottom of the table.

On July 16, Taiwan’s parliament approved revisions to its anti-money laundering (AML) regulations, mandating crypto providers in the country to register for AML compliance. Failure to comply may result in severe penalties, including up to two years in prison or fines of up to NT$5 million (approximately $153,817).

Donald Trump demanded the self-governed island of Taiwan pay for US protection, dodged the question of whether he would defend the island from Beijing's military action, and accused the island of taking the semiconductor industry away from the United States. “Taiwan should pay us for defence,” Trump said, in an interview with Bloomberg Businessweek. “You know, we're no different than an insurance company." Trump's remarks, made public Tuesday, mark a departure from the stance of President Joe Biden, who has said several times that he would send troops to defend the island, and add uncertainty to Trump's approach to Taiwan at a time his running mate, JD Vance, has called China the “biggest threat” for the United States.

key features, and potential pricing for these devices. The latest information comes from a certification site, shedding light on their battery and charging specifications.The Google Pixel 9 series was recently seen on Taiwan's NCC certification website, as reported by Android Authority.

Asian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record

Gold hit a record and bonds rallied on Wednesday as markets prepared for global interest rates to fall, while stocks in Taiwan slipped after U.S. presidential candidate Donald Trump sounded lukewarm in his commitment to the island's defence. The S&P 500 scaled record highs overnight and futures were steady in Asia. MSCI's broadest index of Asia-Pacific shares outside Japan was flat and Japan's Nikkei rose 0.1%.

DWF Labs, a market maker and Web3 investment firm has launched the $20 million Cloudbreak Fund to support projects and founders in Chinese-speaking regions.

BEIJING — China dominates the supply chain for many of the world's critical minerals, but so far it's held off on sweeping restrictions on at least one: tungsten.

chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI revolution is shaking up Wall Street. TSMC, listed in both Taiwan and New York, briefly broke the one trillion dollar market capitalization barrier on Monday, putting it ahead of Tesla as the seventh most valuable technology giant on the stock market.

Taiwan's defence ministry said on Saturday it was monitoring «waves» of missile tests taking place in China's far northern region of Inner Mongolia and that its air defence forces were on alert. Democratically governed Taiwan, which China views as its own territory, keeps a close watch on all Chinese military activities given Beijing's regular activities around the island, but only rarely releases details of what it sees taking place inside China. The ministry said that from 4 a.m. (2000 GMT on Friday) it had detected «multiple waves of test launches» by China's Rocket Force in an area of Inner Mongolia 2,000 km (1,200 miles) from Taiwan.