Taiwan Financial News

Taiwan Ministry of National Defence (MND) said that it detected seven Chinese naval vessels and five Chinese military aircraft operating around the nation from 6 am (local time) on Sunday to 6 am (local time) on Monday, Taiwan News reported. According to Taiwan's MND, one of the PLA aircraft entered Taiwan's Southwest Air Defense Identification Zone (ADIZ). Taiwan's armed forces have monitored the situation and deployed appropriate forces to respond. On March 24, Taiwan's defence ministry seems to have witnessed an increase in Chinese military presence around the nation with the MND detecting eight Chinese naval vessels and six Chinese military aircraft operating around the nation from 6 am (local time) on March 23 to 6 am (local time), as per Taiwan News.

(Reuters) -China has introduced guidelines to phase out U.S. microprocessors from Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD) from government personal computers and servers, the Financial Times reported on Sunday.

By Richard Cowan, David Morgan and Makini Brice

By James Pomfret, Jessie Pang and Greg Torode

By Rae Wee

By Alexandra Alper and David Shepardson

The Biden administration, in a push to enhance semiconductor production in the United States, has provisionally agreed to grant Intel (NASDAQ:INTC) up to $8.5 billion in funding through the CHIPS Act.

Asian shares have closed mostly higher while European markets opened lower as investors awaited the latest signals from the Federal Reserve on the timing of cuts to interest rates

By Stephen Nellis

By Stella Qiu

Hong Kong has passed a new national security law that could redefine the liberties of its citizens, and its role on the world stage

democracy, as some officials attending a global summit accused Russia and China of conducting malicious propaganda campaigns. Speaking at the opening of the Summit for Democracy in Seoul, Yoon said countries had a duty to share experiences and wisdom so that artificial intelligence and technology could be employed to promote democracy.

By Herbert Lash and Harry Robertson

made-in-India’ chip from the Micron plant is expected in December 2024. This is significant, as chip shortages during the global pandemic lockdowns heightened realisation of India’s dependency on international supply chains. While the start seems promising, the odds appear to be stacked against India, for now at least.

TAIPEI (Reuters) — Taiwan's central bank is expected to hold its policy interest rate steady this week and to stay the course until early next year as it navigates ongoing concerns over inflation, according to economists in a Reuters poll.

By Sam Nussey, Fanny Potkin and Miho Uranaka

Investing.com-- Shares of contract electronics maker Foxconn, formally known as Hon Hai Precision Industry Co (TW:2317), rallied on Friday after it clocked strong fourth quarter earnings and said it expected increased demand from the artificial intelligence industry. 

SINGAPORE—When a landmark science and technology agreement between the U.S. and China reached its expiration in late February without an extension, it plunged the academic community in both countries into uncertainty. Neither country confirmed an extension for nine days.

KIKUYO, Japan—It was a signature feat for the country that made industrial policy famous. In less than two years, an $8.6 billion semiconductor factory on a plot the size of 40 football fields sprang up amid the cabbage fields here. The Japanese government, eager to boost the country’s standing as a chip-making hub, provided more than $3 billion in subsidies for Taiwan Semiconductor Manufacturing and helped round up thousands of workers to construct the buildings.

broader Indian market, which is now an underperformer in Asia Pacific after a multi-year rally. An index of small-cap stocks has lost more than $80 billion in market value in less than two weeks after authorities flagged risks of overheating and guided funds to limit purchases. The selloff deepened on Wednesday, with gauges of small- and mid-cap stocks plunging more than 4% each.

NEW DELHI : Prime Minister Narendra Modi laid the foundation stone for three semiconductor projects worth about ₹1.25 trillion on Wednesday, saying chip manufacturing will take India towards self-reliance and modernity. “India is set to become a prominent semiconductor manufacturing hub. The three facilities will drive economic growth and foster innovation," he said in a virtual address during the foundation ceremony.