Taiwan Financial News

22.02 / 04:43

Manufacturing NVIDIA Nikkei Trade show track record high Asian stocks Asian stocks muted as rate fears dull Nvidia hype; Nikkei hits record high

Investing.com-- Asian stocks were a mixed bag on Thursday as gains in the technology sector, following positive signals from AI darling Nvidia, were offset by persistent fears of high U.S. interest rates, while Japan’s Nikkei 225 benchmark hit a record high.

22.02 / 04:19

markets UPS NVIDIA Nikkei rights Japan's Nikkei nears record peak after Nvidia beat, rest of Asia muted

Nikkei share average climbed to the cusp of an all-time peak on Thursday after unexpectedly strong revenue forecasts from U.S. chip designer Nvidia lifted Asian tech stocks. However, the regional mood was tempered by a retreat in Chinese stocks from multi-month highs reached amid Beijing's efforts to boost market confidence.

21.02 / 23:31

UPS Software Trade Synopsys electronic ANSYS Synopsys expects strong second quarter on AI-powered chip design demand

By Jaspreet Singh and Stephen Nellis

21.02 / 18:41

UPS Manufacturing Universities track International Customer Intel signs Microsoft as foundry customer, says on track to overtake TSMC

By Stephen Nellis and Max A. Cherney

21.02 / 03:29

Williams CEO Apple Election President electronic Schools Foxconn founder Terry Gou makes first high-profile appearance in months

Terry Gou, the billionaire founder of major Apple supplier Foxconn, made his first high-profile appearance in months on Tuesday at the firm's 50th birthday, following the ending of his bid for Taiwan's presidency late last year. Gou, who stepped down as Foxconn chief in 2019 and resigned as a board member last September, remains the company's largest shareholder and is still reverentially referred to by company executives as «the Founder».

21.02 / 01:33

Williams CEO Apple Election President electronic Profiles Foxconn founder Terry Gou makes first high profile appearance in months

TAIPEI (Reuters) — Terry Gou, the billionaire founder of major Apple (NASDAQ:AAPL) supplier Foxconn, made his first high profile appearance in months on Tuesday at the firm's 50th birthday, following the ending of his bid for Taiwan's presidency late last year.

20.02 / 21:59

markets UPS NVIDIA Trade performer reports Marketmind: Chips off the table ahead of Nvidia

By Jamie McGeever

20.02 / 20:11

CEO students Universities country Schools International Destinations NOT Course Correction: Not UK, US but more Indian students are heading to these off beat locations

UK, Australia and Canada to study, enrolment numbers have been growing at schools in countries such as Lithuania, Estonia, Chile, Turkey, Malta, Taiwan and South Korea among others — not education destinations that readily spring to mind. More Indian students are heading to these nations this year, executives at halfa-dozen study abroad platforms and strategy consultant Redseer confirmed to ET. Click & check your eligibility for immigration Find out There are multiple reasons for the lack of interest. Post-Brexit UK is suffering from a poor economy and a worsening attitude to migrants.

20.02 / 12:37

markets Manufacturing Strategy economy WhatsApp country Focus on exports to achieve 10% growth: 16th Finance Commission chairman Arvind Panagariya

exports to achieve a 10% growth rate for the economy, said Arvind Panagariya, chairman of the Sixteenth Finance Commission. “I’ve looked at successful countries such as Hong Kong, Singapore, Taiwan, South Korea, China, and India – these are the six high-growth examples. My conclusion is very clear – countries that have been open are the ones that have grown rapidly,” Panagariya said. The former vice chairman of Niti Aayog further highlighted that the country needed to follow China’s strategy to increase its per-capita income and wean away from idea of import substitution.

20.02 / 12:37

markets COST UPS Manufacturing country Mass production of LCD displays can start in India in 18-24 months: Innolux

Vedanta and Taiwan-based Innolux can begin mass production of LCD displays in India in 18-24 months after receiving government approval, a senior official of Innolux said. Vedanta has formed a joint venture with Innolux as a technology partner to set up a display screen manufacturing unit at an estimated cost of USD 3-4 billion in the country. The JV has submitted the proposal with the Ministry of Electronics and IT (Meity) under the programme for semiconductor and display fab ecosystem for incentives. Innolux President and COO, James Yang, who has an experience of project rollout, told PTI in an interview that the JV can begin the first phase of mass production of LCD displays within 24 months.

20.02 / 10:17

markets Airlines reports travelers Singapore Airlines posts Q3 profit rise on strong travel demand

(Reuters) -Singapore Airlines Ltd (SIA) reported a 4.9% jump in its quarterly net profit on Tuesday, boosted by a strong air travel demand in key markets.

20.02 / 01:07

markets UPS Trade Whirlpool country Investors are turning wary of crowded India trade after run-up

Indian equities that’s made them an investor favorite has run into headwinds that go beyond elevated valuations. Earnings misses, the attractiveness of rival markets amid expectations of a dovish policy shift by the Federal Reserve and a nascent recovery in Chinese equities are casting doubts over India extending a rally that saw the nation’s main gauges posting a record eighth straight year of gains in 2023.

19.02 / 10:59

COST UPS Manufacturing awards President cover Department Billions Start Flowing to Chip Makers For New U.S. Factories

The U.S. government is giving chip maker GlobalFoundries $1.5 billion in grants to build and expand facilities in New York and Vermont, the first major award in a program that aims to reinvigorate domestic chip production. The award from the Commerce Department kicks off what is expected to be a series of cash injections into semiconductor manufacturing projects in Arizona, Texas, New York and Ohio in the coming weeks.

18.02 / 07:52

Reuters Cooper Manufacturing Platform country social Taiwan wants Indian workers to move in and ease a worsening job crunch

Taiwan, a Memorandum of Understanding (MoU) was inked on Friday, opening doors for Indian migrant workers to explore job opportunities in Taiwan. «Taiwan-India relations reach a new high! The MOU on the Facilitation of Employment of Indian Workers, signed by @TWIndia2 Rep. Ger & @ita_taipei Rep Yadav,» the Ministry of Foreign Affairs of Taiwan (@MOFA_Taiwan) announced the milestone in a post on social media platform X. The MoU is seen as a step towards mutual benefits, igniting a robust momentum for deeper cooperation between the two nations.

18.02 / 07:17

markets Cooper Progressive security Trade President cover ‘Decoupling from China will only backfire on US itself,’ Wang Yi holds ‘frank’ talk with Antony Blinken

‘Smart enough to have multiple options,’ Jaishankar hails India's diplomatic versatility, Antony Blinken smiles Sino-U.S. relations have shown signs of improvement in recent months as both sides took steps to re-establish channels of communication after ties between the two global superpowers sank to their lowest levels in decades. But many points of friction remain.

17.02 / 01:03

markets UPS Waves Manufacturing awards reports Department US considering more than $10 billion in subsidies for Intel

Intel Corp, Bloomberg News reported on Friday, citing people familiar with the matter. Negotiations are underway, and Intel's award package will likely include both loans and direct grants, according to the report.

16.02 / 14:31

markets UPS economy Nikkei Trade reports record high Stock market today: Asian shares track Wall Street rally as Japan's Nikkei nears a record high

Shares in Asia are higher, with Japan's benchmark Nikkei 225 index approaching a record high

16.02 / 11:33

Cooper Manufacturing Mobile wellness country reports Taiwan agrees to hire Indian workers to address labour shortages: Report

labour-strained Taipei seeks to expand its foreign workforce beyond its traditional source countries of Southeast Asia, Reuters reported. Meanwhile, local media reports said Taiwan seeks to hire more Indian workers to address labour shortages in the manufacturing, construction, agriculture, and fishery industries. Taiwan is a major semiconductor producer but with an ageing society.

15.02 / 19:01

markets COST Destiny Diversity electronic hospital Equality India’s stock market stands apart as an enabler of mass prosperity

Tata Motors and Mahindra are worth more in market capitalization than Maruti Suzuki, and may also outsell it in the auto sector. Diversity: Atmanirbharta or self-reliance means India has companies in many sectors (rather than a few selected for competitive advantage), diverse consumer markets (mass production with localization) and a large services sector (with higher employment elasticity than manufacturing).

15.02 / 03:35

Manufacturing economy Microchip show 2020 reports record high Chip giant TSMC helps power Taiwan's stock index to record high

Taiwan's stock index hit a record high Thursday, fuelled by a surge in tech titan TSMC after it reported strong sales that lifted optimism for the sector and demand for chips used for artificial intelligence. The Taiex jumped as much as 3.5 percent at the opening, surpassing a January 2022 peak, as traders returned from their Lunar New Year holiday.

14.02 / 08:23

markets economy Election wellness Trade Experts recommendations Market signals mixed; stay neutral on equities with a long-term view, says Nilesh Shah of Kotak AMC

Nilesh Shah, MD of Kotak Mahindra AMC says there are mixed signals in the market for various segments. While there is a green signal for large caps, there are red signals for micro, mini-caps and SMEs. In an interview with Mint, Shah recommends investors should maintain a neutral allocation to equity with a long-term view while keeping some cash to increase exposure when valuation is cheaper.

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