Taiwan Financial News

21.07 / 18:49

UPS NASDAQ DOW 500 S&P 500 rises as defensive stocks shine ahead of big tech earnings

Investing.com — The S&P 500 climbed Friday led by a climb in defensive corners of the market including utilities as investors opted for caution ahead of quarterly results from big tech next week.

21.07 / 18:29

COST Provident FIVE Waters Manufacturing exclusive Vedanta Q1 net profit falls 41% to ₹3,308 cr

NEW DELHI : Vedanta Ltd posted a 41% drop from a year earlier in June quarter net profit at ₹3,308 crore amid lower commodity prices and higher finance costs. Earnings before interest, taxes, depreciation and amortization (Ebitda) fell 35% to ₹6,975 crore with an Ebitda margin of 24% during the quarter. In a post-earnings interview, Sunil Duggal, chief executive at Vedanta said, “Fundamentally, these commodities have a very strong footing...

21.07 / 13:25

Manufacturing Intel Microchip IBM electronic Q3 Intel Earnings Preview: Facing Continued Headwinds, Chipmaker Eyes Q3 Comeback

On July 18, 1968, two brilliant engineers at Fairchild Semiconductor, Robert Noyce and Gordon Moore, came together to establish N.M. Electronics, which later became known as Intel Corporation (NASDAQ:INTC). Their first-year revenue was $2,672 – not bad for a start!

21.07 / 12:57

UPS Amazon Microsoft Manufacturing Google NVIDIA AI Alone Can’t Save the Chip Industry From a Downturn

Nvidia may be able to sell every artificial-intelligence chip it can make. Unfortunately for the chipmaking industry, there is only one Nvidia. That conundrum is already apparent at the start of the second-quarter earnings season.

21.07 / 09:17

UPS Reuters Progressive show country reports Leak Taiwan probes alleged leak of classified reports, diplomatic cables

Taiwan is investigating a possible leak of official documents including diplomatic cables and classified reports on the island's sensitive bid to join a global trade pact, according to two officials familiar with the probe. One official said initial findings showed some parts of the documents, posted on online message board 8kun and reviewed by Reuters, are real while bits were forged, without giving details. A second official said parts of the documents appeared to be «authentic» and they could not immediately determine the origin of the documents shared on the internet.

21.07 / 08:55

Microsoft NASDAQ Tesla Patrick MSCI Global shares subdued after US tech earnings disappoint

By Naomi Rovnick and Stella Qiu

21.07 / 04:55

UPS Waves NASDAQ Software performer foreign Foreign investors stream into Taiwan as AI stocks beckon

Taiwan stocks, with foreign inflows the biggest in years, thanks to soaring artificial intelligence and chipmaking stocks. The wave of enthusiasm, which has also helped the tech-heavy Nasdaq to its best first half in 40 years, is running hard as the market is dominated like no other by top firms all along the computer hardware and software supply chains. Net foreign buying of $12 billion over the six months to June is the biggest since the first half of 2008, and Taiwan's benchmark index performance — it is up 20% in US dollar terms this year — is the best in Asia.

21.07 / 03:17

UPS Target Tesla MSCI Nikkei fall Asian shares fall after US tech falters, dollar and yields hold gains

Asian shares fell on Friday after Tesla and Netflix weighed on U.S. tech shares after their earnings reports, while the dollar and Treasury yields held their gains ahead of an action-packed week that could see the end of the U.S. tightening cycle.

21.07 / 02:05

UPS Citi Manufacturing Drop TSMC fall TSMC shares fall more than 3% after it flags full-year sales drop

TAIPEI (Reuters) — Shares of Taiwanese chipmaker TSMC slumped more than 3% on Friday after the world's largest contract chipmaker flagged a 10% drop in 2023 sales and said production due to start next year at its first plant in Arizona would be delayed.

21.07 / 00:57

Provident Manufacturing Software SAP Enterprise MSCI Global tech stocks surge as US rally triggers a rush for winners

stock euphoria is spilling over to the rest of the world. Beaten-down shares of tech companies — from software and IT services providers to hardware manufacturers to ecommerce plays — are making a comeback across the word, as the headline-grabbing Wall Street rally in the US prompts a relook elsewhere. The MSCI Japan IT index has surged 36% so far this year, while the MSCI Taiwan and Europe IT indices have rallied 30% and 25%, respectively.

20.07 / 19:05

Lowe's Manufacturing CEO Tesla IBM Midday movers: Netflix, Tesla, IBM, Johnson & Johnson and more

Investing.com — U.S. stocks were mixed on Thursday, as investors digested a deluge of corporate earnings, especially from tech giants.

20.07 / 18:39

UPS IPO Aware Strategy Mobile Apple Xiaomi FIH Foxconn subsidiary Bharat FIH scraps plan for ₹5,000 cr IPO

₹5,000 crore initial public offer for which it had received the markets regulator’s go ahead in June last year, according to three people familiar with the development. The company which assembles smartphones for Apple and Xiaomi in India has taken the decision owing largely to weak smartphone market conditions and changes in internal strategy, as per two of the three people who spoke to Mint on the condition of anonymity. “The IPO in its current form won’t be taken forward.

20.07 / 16:53

UPS Progressive Manufacturing electronic Vedanta yet to submit application for chip unit, find partner

Vedanta Group's application for semiconductor manufacturing has become invalid after exit of Taiwanese electronics manufacturing major Foxconn and the company is yet to submit a fresh application, an official source said. According to the source, Vedanta has not shared any information about a new technology partner that it needs to rope in for semiconductor manufacturing.

20.07 / 10:49

NASDAQ Manufacturing Tesla performer classical Big tech disappoints, Nasdaq futures slip

A slide in tech behemoths soured the mood Thursday, while the escalating conflict over Ukrainian grain exports prompted traders to temper relief over easing inflation.

20.07 / 09:59

Cooper Progressive Manufacturing Platform Remark Counter-Strike country US working with India on co-producing extended-range artillery to address threats posed by China: Senior Pentagon official

extended-range artillery and infantry vehicles to meet its operational requirements along its border with China and address its «coercion and harassment», a top Pentagon official said on Thursday. The Indian and Chinese troops are locked in an over-three-year confrontation in certain friction points in eastern Ladakh.

20.07 / 06:17

UPS Manufacturing Compilation Apple TSMC TSMC Q2 profit falls 23%, beats market expectations

TSMC posted a 23.3% fall in second-quarter net profit on Thursday as global economic woes dented demand for chips used in applications as varied as cars, cellphones and servers and coming off a strong period last year.Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple Inc supplier, saw April-June net profit drop to T$181.8 billion ($5.85 billion) from T$237.0 billion a year earlier. That compared with the T$172.55 billion average of 21 analyst estimates compiled by Refinitiv.

20.07 / 06:13

Reuters Manufacturing Tesla NIFTY Nikkei TSMC Asian stocks Asian stocks muted, tech falls ahead of TSMC earnings

Investing.com — Most Asian stocks firmed slightly on Thursday, although local technology shares were sold off on weak cues from Wall Street, and as investors turned wary of the sector ahead of earnings from chipmaking giant TSMC.

20.07 / 06:13

UPS Reuters Manufacturing Apple NVIDIA performer TSMC TSMC Q2 profit falls 23%, but beats estimates

Investing.com — Taiwan Semiconductor Manufacturing Co (NYSE:TSM) (TW:2330), or TSMC, logged a higher-than-expected second-quarter profit as revenue from chip sales remained steady, although earnings were lower than last year as chip demand softened.

20.07 / 01:23

DOW Manufacturing Airlines Tesla Discover Dow futures slip as Tesla, Netflix report

Investing.com — Dow futures were trading lower during Wednesday's evening deals, after major benchmark averages extended fresh 15-month highs, with traders digesting quarterly earnings results from major companies throughout the session.

20.07 / 01:09

MET Aware Manufacturing Apple HON Foxconn unit looks to build facility in Tamil Nadu by next year

Foxconn unit, which sells components to the likes of Apple and Lenovo to garner about a third of the Taiwanese contract manufacturer's aggregate revenue, is looking to build an operational facility in Tamil Nadu by next year, multiple people aware of the discussions told ET. Foxconn's parent company Hon Hai Technology already has large existing facilities in Tamil Nadu and is looking to further ramp up these sites. For instance, it manufactures iPhones for Apple exclusively in a facility in Sriperumbudur near Chennai.

19.07 / 20:15

Provident Target Manufacturing Johnson & Johnson, D.R. Horton, Taiwan Semi: 3 things to watch

Investing.com — Stocks were rising as investors took in a slew of corporate earnings, including a miss by Goldman Sachs (NYSE:GS) because of write-downs and a slump in investment banking.

breaking news about Taiwan

What is the current situation in Taiwan?

In Taiwan, the spotlight is on socially significant developments that impact the interests of residents.

Where can I find reliable news about Taiwan?

We publish reliable reports about the situation in Taiwan, based on information from official representatives.

What shapes the media agenda in Taiwan?

The news landscape of Taiwan is shaped by major cultural and social events, reflecting its local way of life.