Taiwan Financial News

28.01 / 23:28

markets UPS Provident Manufacturing economy Sustainability Continental Marketmind: More cheer rests on China PMI, Fed decision

By Jamie McGeever

28.01 / 03:57

COST Manufacturing awards WSJ reports Department US to announce billions in subsidies for advanced chips -WSJ

Joe Biden's administration is expected to award billions of dollars in subsidies in coming weeks to top semiconductor companies including Intel and Taiwan Semiconductor Manufacturing Co to help build new factories in the U.S., the Wall Street Journal reported on Saturday. The forthcoming announcements aim to kick-start manufacturing of advanced semiconductors that power smartphones, artificial intelligence, and weapons systems, the WSJ reported, citing industry executives familiar with the negotiations.

27.01 / 15:19

MET security Election wellness Trade President rights China says talks with US in Bangkok 'candid, substantive'

China on Saturday said that top diplomat Wang Yi and US National Security Advisor Jake Sullivan held «candid, substantive and fruitful» talks in Thailand's capital Bangkok, where issues including Taiwan were discussed. Beijing and Washington have clashed in recent years on flashpoint issues from technology and trade to human rights, as well as over the self-ruled island and competing claims in the South China Sea.

27.01 / 13:17

COST Manufacturing awards WSJ President reports US to announce billions in subsidies for advanced chips

semiconductor companies including Intel, and Taiwan Semiconductor Manufacturing Co in the coming weeks to help build new factories in the United States, the Wall Street Journal reported on Saturday. The forthcoming announcements are aimed at kick-starting manufacturing of advanced semiconductors that power smartphones, artificial intelligence and weapons systems, the WSJ reported, citing industry executives familiar with the negotiations.

26.01 / 18:19

Extreme President Turbulence the new normal, says European Commission prez

European Commission president Ursula von der Leyen warned on Friday that global disruptions and volatility are the «new normal», with more geo-economic tensions on the horizon. «2024 will be a decisive year, with more geo-economic tensions expected — from the Red Sea to the Taiwan Strait — which also means more frequent disruptions to supply chains and greater volatility on the energy markets,» she told a climate conference in Hamburg. «International competition is becoming harder. That is the new normal that we have to deal with.»

26.01 / 12:55

markets UPS Netflix Nov Healthcare reports inflation data Cautious investors trim equity holdings before inflation data, Fed meet

investors reduced their holdings in equity funds in the week leading up to Jan. 24, exercising caution before a pivotal inflation report due on Friday and a meeting of the U.S.

26.01 / 11:37

MET Waters security economy President reports Taiwan reports Chinese 'combat patrols' ahead of China-US talks

TAIPEI (Reuters) — Taiwan's defence ministry said it detected 23 Chinese air force planes operating around Taiwan and carrying out «joint combat readiness patrols» with Chinese warships on Friday, ahead of high-level China-U.S. talks in Thailand.

26.01 / 09:47

Art Analysis awards Sony show 2020 India Inc. has a weak show in 2024 Padma honours list

Just four persons from the world of business were named for the country’s top civilian honours ahead of Republic Day, the least-represented major field for the Padma awards this year. Their share among all recipients—3% out of total 132 awardees—has been tiny for two years in a row, a Mint analysis of data from the home affairs ministry showed. Last year, three of the 106 Padma awardees (2.8%) were from the ‘trade and industry’ category, a sharp decline from a 7.8% share in 2020 and 7.1% in 2022.

26.01 / 09:34

MET Cooper security economy President reports International White House's Sullivan, China's Wang to talk ties, Taiwan in Bangkok

ties and Taiwan will be topics raised at a meeting between U.S. National Security Advisor Jake Sullivan and Chinese Foreign Minister Wang Yi in Bangkok, building on a pledge by the leaders of the world's two largest economies to deepen dialogue. «During the new round of meetings, (Wang) will state China's position on China-U.S. relations, including the Taiwan issue, and exchange views with the U.S. side on international and regional issues of common interest,» a ministry spokesperson told reporters at a regular press conference.

26.01 / 03:45

UPS Manufacturing CEO electronic reports Schools OpenAI’s Sam Altman to meet chipmakers Samsung, SK Hynix execs on January 26

OpenAI CEO Sam Altman is visiting South Korea on Friday and meeting leaders of chipmakers Samsung Electronics and SK Hynix, two sources with knowledge of the matter said. Altman is expected to discuss potential partnerships for making chips, the sources said, declining to be identified.

26.01 / 02:15

awards Trade President Celebrity recommendations Features Padma Awards 2024: French dominance in India's highest civilian honour, Fred Negrit among 6 foreign recipients

75th Republic Day, with six individuals receiving Padma Shri awards and one foreigner being honoured with a Padma Bhushan award. However, the list also featured recipients from non-resident Indian (NRI), person of Indian origin (PIO), and overseas citizenship of India categories. One foreign recipient was honoured with the Padma Vibhushan, while three foreigners, all of Indian origin, were bestowed with the Padma Bhushan.

25.01 / 19:55

UPS BLOCK Manufacturing Bill President Biden vetoes GOP measure that aimed to block White House policy on foreign content in EV chargers

President Joe Biden has vetoed a Republican measure that would have blocked a White House waiver that allows some foreign-made content in federally funded chargers for electric vehicles

25.01 / 04:11

UPS Citi Election Universities War show How China’s public views Taiwan’s elections

Lai Ching-te. Mr Lai’s win marks the third presidential term in a row for the Democratic Progressive Party (DPP), which emphasises Taiwan’s separate, democratic identity. Yet since that victory, mainland propaganda outlets have downplayed its significance and played up the DPP’s poor showing in parliamentary elections held the same day.

24.01 / 13:55

Assurant security crypto regulation President Courts Investigations Taiwan’s ACE Exchange in Hot Water as Prosecutors Expand Fraud Probe

Taiwanese prosecutors have expanded their investigation into ACE Exchange, requesting the detention of Chenhuan Wang, the president of the platform.

24.01 / 10:41

markets Strategy WhatsApp trends show reports Commentary FII selling in Indian stock market may continue despite ₹27,000 crore outflow in Jan so far, say analysts; here's why

₹27,000 crore in Indian equities so far in January 2024. This extensive sell-off has exerted downward pressure on the benchmark equity indices, Sensex and Nifty 50, leading to a decline of over one percent in both indices during the current month. The disappointing corporate earnings reported by select major Indian banks in the December quarter, coupled with concerns over elevated valuations of domestic equities and increasing US Treasury yields, have prompted FIIs to dump Indian equities.

24.01 / 07:13

markets UPS Manufacturing CEO Apple reports ASML orders surge to record in Q4, but keeps 2024 outlook unchanged

By Toby Sterling

24.01 / 04:57

markets UPS Waves Manufacturing Gap President country AI Computers to Drive Next Replacement Cycle in Indian PC Market, says Asus Executive

PCs, will fuel the next replacement cycle for the Indian PC market that has been falling since 2021, according to Taiwanese firm Asus that will launch an AI-powered consumer notebook in the country on Wednesday. “How we are looking at AI PCs is similar to how we looked at smartphones when they first arrived 10 years back,” Arnold Su, vice president, consumer and gaming PC, at Asus India, told ET. “They were different, new, and promised to make our lives easier.

24.01 / 01:47

markets UPS security Research Trade D-Street indices tumble as FPI selloff continues

selloff that sent benchmark indices tumbling 1.5%, reflecting the impact of persistent stock sales by overseas funds amid hardening bond yields in the US, the world's biggest market for pricing both debt and risk assets alike.

23.01 / 17:27

Waves Align testing infection guidelines donates COVID-19 likely to have infected 90 pc of Taiwan's population: CDC

Taiwan's population has likely contracted COVID-19, the Centres for Disease Control (CDC) said Tuesday, citing a seroprevalence study last year that looked into the prevalence of the disease and the recent spike in cases. The CDC, which tested 7,000 randomly selected blood donation samples collected in Taiwan between January and June, found that nearly 80 percent came from people who had contracted COVID-19, CDC Deputy Director General Lo Yi-chun said in a weekly briefing.

22.01 / 19:43

markets UPS DOW Election Trade performer record high S&P 500's New Record High Could Signal Potential for Extended Gains Ahead

As we all know, the S&P 500 index achieved a new intraday record high last Friday. It is the most recent of the three major U.S. indexes to attain such a milestone since the bear market of 2022, joining the Nasdaq 100 index and the Dow Jones Industrial Average.

22.01 / 11:35

markets UPS Airlines Tesla information record high Futures signal more steam in S&P 500 after record high

(Reuters) — U.S. stock index futures rose on Monday, indicating further momentum in the S&P 500 after chip and megacap stocks drove the benchmark index to a record high last week, while corporate earnings and clues on rate cuts continued to top investors' radar.

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