Taiwan Financial News

Embattled Brisbane fast-charger company Tritium is in negotiations with Taiwanese electronics company Lite-On Technology Corporation for a key strategic stake to ensure its financial future.

Taiwan may hire 100,000 workers from India, Taiwanese Labor Minister Hsu Ming-chun said that the news is ‘inaccurate’. However, she admitted that the two countries are in talks but have yet to finalize the matter.

On November 16, XREX, an Asia-based cryptocurrency exchange specializing in cross-border payments, achieved a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This license will empower XREX to provide digital payment token products and services in Singapore, solidifying its position as a compliant and regulated player in the digital asset space.

Biden and Xi Jinping had more in common with a counseling session for a couple contemplating divorce. The premise: Let’s try to keep things civil for the kids. All week, fear of a new Cold War has loomed over San Francisco, where Asia-Pacific leaders are gathered. After four hours of talks on Wednesday, the US and Chinese presidents offered a glimpse of just how hard it’s going to be to manage their relationship away from that course. The meeting at the Filoli Estate, 30 miles south of San Francisco, was months in the planning. But when the stakes are high, and the differences fundamental, even the most arduous diplomatic groundwork can sometimes only yield small victories. The US and China have agreed to collaborate on climate and artificial intelligence, and resume military-to-military contacts. More American students will be welcomed in China, Chinese pandas may return to American zoos, and Xi vowed to crack down on fentanyl shipments. Bigger and more divisive issues like trade, tariffs leftover from the Trump years and competition over technology were set aside for now. Also largely unanswered after Wednesday’s talks was the question of what comes next. There are plans for working groups that will see middle-ranking officials meet occasionally, but no future high-level interactions were announced aside from a planned China trip by Treasury Secretary Janet Yellen, although the two leaders pledged to speak directly if tensions flared. And 2024, which starts with a presidential election in Taiwan and ends with another one in the US, is shaping up to be a crucial year for the world’s most important relationship.

Luxshare’s move to make investments in Vietnam is a result of many failed attempts to expand its operations in India. Those who do not know, Luxshare is Apple's primary supplier for AirPods and could be an upcoming supplier for iPhones. As per the reports from the publication, the company now aims to shift their investment worth $330 million to Vietnam's northern province of Bac Giang.

For a relationship so strained that even the act of a phone call made by one and taken by the other is news worthy, one may have expected more discretion. But soon after US President Joe Biden and his Chinese counterpart Xi Jinping met on Thursday, Biden, at the risk of setting back whatever progress might have been made, touched a raw nerve, again. “Look, he is.

Three men have been arrested for an elaborate conspiracy that drained $10 million from banks across the New York City metropolitan area, United States Attorney for the Southern District of New York, Damian Williams, announced today.

Mint explains: MSCI is a standalone NYSE-listed global index, whose stock indices are widely tracked by global asset managers, hedge funds, banks, corporates and insurance companies to allocate funds across global stock markets. The indices are widely used for passive investment by exchange traded funds, index funds and some fund of funds. Passive fund returns mirror index returns unlike active funds which can beat or underperform benchmarks.

U.S. President Joe Biden and his Chinese counterpart Xi Jinping haven't resolved any of the vital geopolitical issues dividing the world’s two largest economies

BlackRock Inc.’s Larry Fink and Stephen Schwarzman of Blackstone Inc. were among the top US executives seated at President Xi Jinping’s table at an exclusive dinner in San Francisco, where the Chinese leader pitched his nation as a positive force for world peace.

Mint explains what happened, and what it means for US-China relations and for India. The two leaders met on the sidelines of the Asia Pacific Economic Cooperation (APEC) summit in San Francisco. They last met during the G20 Summit in Bali in 2022, when they expressed a desire to contain tensions between their countries.

Xi Jinping blamed it for challenges faced by China's economy, complaining of «all-round containment». Then on Wednesday, U.S. and Xi agreed to open a presidential hotline, resume military-to-military communications and work to curb fentanyl production, showing tangible progress in their first face-to-face talks in a year at a summit in California. While key issues like U.S.

By David Lawder

BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping have agreed to resume high-level military communication, according to both countries.

Joe Biden and Xi Jinping held a US-China Summit on November 15. The US President and his Chinese counterpart discussed various global and bilateral issues. Here are 7 key takeaways.

Experts on China-U.S. relations say the agreements between Biden and Xi will have a significance in the future of the two countries’ relationship

By Trevor Hunnicutt

By David Stanway and Valerie Volcovici

SAN FRANCISCO : US President Joe Biden and Chinese President Xi Jinping will meet on Wednesday before a summit of the Asia Pacific Economic Cooperation (APEC) forum in San Francisco, seeking to reduce friction in what many see as the world's most dangerous rivalry. The leaders of the world's two largest economies have known each other for over a decade and have shared hours of conversation in six interactions since Biden's January 2021 inauguration.

Vedanta group on Wednesday said in Saudi Arabia it has set up a new copper unit through subsidiary Malco Energy Limited for SAR (saudi riyal) 1,00,000. The new unit has been named as Vedanta Copper International VCI Company Limited, the company said in an exchange filing. In September, Vedanta’s board had approved a plan to split the business into six separate listed entities.

Taiwan will take part in the Asia-Pacific Economic Cooperation forum in San Francisco this week, a rare opportunity for the self-governing island democracy of 23 million people and its high-tech economy to break the diplomatic embargo on it imposed by ...