Taiwan Financial News

Aditya Birla Sun Life Mutual Fund launched one of India’s first global funds from Gift City (registered with the International Financial Services Authority or IFSC) last year. It had its first close in September 2023, raising $33 million, mostly from resident Indians and institutions. 

Motilal Oswal Financial Services Ltd, suggests that the market will remain volatile but with an upward trend, fueled by revived hopes of a US Federal Reserve rate cut in September and the allocation of key cabinet portfolios in the new Indian government. (Read the full story here.)Sensex Today Live : Indian markets were likely to be weighed down by the muted sentiment flowing from global peers as hopes of a sooner rate cut by the US Federal Reserve faded on the back of better-than-expected labour market data in the US.Notwithstanding the boost in sentiment from the formation of a new Union government in India, Gift Nifty futures was trading at 23,310, marginally ahead of Friday's Nifty 50 close of 23,290, indicating a muted to positive opening for India on Monday.Asian stocks sank on Monday as traders heavily pared back on bets for Federal Reserve rate cuts this year given a still-tight U.S.

Asian stocks sank on Monday as traders heavily pared back on bets for Federal Reserve rate cuts this year given a still-tight U.S. labour market, while a snap election call in France sparked wider political concerns and weighed on the euro. Trading was thinned in Asia with Australia, China, Hong Kong and Taiwan out for public holidays, but MSCI's broadest index of Asia-Pacific shares outside Japan still slumped 0.46%.

US Defence official Elbridge Colby stressed that an attack by China against Taiwan could happen with little warning as China has given up on «peaceful unification», reported Taiwan News.

Taiwan's Ministry of National Defence has detected six Chinese military aircraft, six naval vessels, and four Coast Guard ships around the nation between 6 a.m. on Thursday (June 6) and 6 a.m. on Friday (June 7), according to Taiwan News.

Canon is in talks with Indian and global players for its semiconductor lithography equipment, which is the most crucial machinery required in chip fabrication, and shall compete with global leaders like ASML in the space.

Apple's folding iPhone has been a steady rumor for a long time and ever since Samsung introduced its folding Android smartphone, all eyes are now on Apple for it to roll out its state-of-the-art folding device.

semiconductor company, has now become the first computer-chip firm to hit a $3 trillion market capitalisation, as per a Bloomberg report. The Santa Clara, California-based company's shares have surged roughly 147 per cent this year, adding about $1.8 trillion due to the increasing demand for its chips that power artificial intelligence (AI) tasks.

Olympic medalist and ace Indian shuttler PV Sindhu suffered a first-round defeat in the Indonesia Open 2024 in Jakarta on Wednesday.

Tether has invested $18.75 million in XREX Group to enhance cross-border payments and foster financial inclusion in emerging markets.

Ray Dalio said internal conflicts will be the “highlight of this year,” particularly on the issue of whether the US election result will be accepted by both parties. The policies from an administration run by Donald Trump would be very different from a Democratic one, Dalio said during a video speech at the Greenwich Economic Forum in Hong Kong Wednesday. However, on anti-China policies, there’s broad agreement between the two parties.

ANI report.“Not ruling out using US military force. There's a distinction between deploying on the ground, air power and naval power," he said during the exclusive interview conducted at the White House on May 28, as quoted by ANI.Biden also said that he had communicated to Chinese President Xi Jinping that the United States would not seek independence for Taiwan, which was in line with Washington's long-standing agreement with Beijing.

defence agreement with the Maldives, China's Ambassador here has met with the island nation's defence minister to discuss «the strengthening of military ties and the security and safety of the two countries.» Chinese Ambassador to Maldives Wang Lixin paid a courtesy call on Defence Minister Ghassan Maumoon on Monday, news portal Adhadhu.com reported.

Intel launched its next generation Xeon server processors on Tuesday, as it looks to claw back data center market share and revealed that its Gaudi 3 artificial intelligence accelerator chips would be priced much lower than its rivals' chips.

After Chief Executive Jensen Huang predicted a ‘robotic’ future, on Sunday he said that the company’s next-generation artificial intelligence (AI) chip platform is all set to be rolled out in 2026.

World shares have started June mostly higher, though gains in some markets were whittled back later in the day

Asian manufacturers seem to be on firmer ground, with the latest survey data signaling stronger output and orders, but building cost pressures could stoke concerns about inflation. Purchasing managers index data from S&P Global showed improvements in industrial powerhouses like South Korea and China midway through the second quarter. “Asia’s manufacturing recovery looks to be firming by the month," said Maybank economist Erica Tay.

Nvidia Corp chief executive officer Jensen Huang said the company plans to upgrade its AI accelerators every year, announcing a Blackwell Ultra chip for 2025 and a next-generation platform in development called Rubin for 2026.

SINGAPORE—China’s defense minister sought to assuage fears of confrontation between the Chinese and American militaries a day after the U.S. defense chief did the same, part of an effort to manage tensions between the two global powers in a turbulent environment. He also warned Washington against testing Beijing’s limits on its core interests, in a sign of how delicate and tentative the rapprochement remains.

Dong Jun warned Sunday his military is ready to «forcefully» stop Taiwan independence but called for greater exchanges with the United States.

India's DP Manu clinched the gold medal in men's javelin throw event at the Taiwan Open 2024 with a throw of 81.58m in Taipei on Saturday. The Asian Athletics Championship silver medallist registered his best throw in his last attempt. Taiwan Open is is a World Athletics Continental Tour Bronze-level meet. and awards crucial ranking points.