Taiwan Financial News

14.07 / 10:41

UPS Target FIVE HON fall Vedanta bonds fall as liquidity worries revive amid chip setback

Anil Agarwal’s Vedanta Resources Ltd. are on underscored by losses in some bonds of the commodity giant.

14.07 / 06:13

Lowe's NIFTY DAX SENSEX Nikkei 500 Nifty@19,500: Is the market running ahead of fundamentals?

Nifty50 has rallied by about 15 per cent from the March lows to set new record highs.Where are we in this bull phase?This bull phase was born on the pessimism of the Covid outbreak when Nifty crashed to 7,511 in March 2020. For the next eighteen months, we had a one-way rally born on skepticism, which took the Nifty to 18,604 in October 2021. After a consolidation phase lasting more than a year, the bull is charging again.

14.07 / 03:53

UPS NIFTY SENSEX Nikkei KOSPI Asian stocks Asian stocks push higher on easing Fed fears, China GDP in focus

Investing.com-- Most Asian stocks rose further on Friday, capping off a positive week on signs of cooling U.S. inflation, with focus now turning to upcoming data offering more cues on the Chinese economy.

14.07 / 02:11

Action Strategy Southern resolution committee US Senate committee passes resolution recognising Arunachal Pradesh as integral part of India

Arunachal Pradesh as an integral part of India. The resolution was introduced by Senators Jeff Merkley, Bill Hagerty, Tim Kaine and Chris Van Hollen on Thursday.

14.07 / 01:05

COST UPS Target MET Manufacturing Mobile Warning View: Foxconn’s change of heart on chips is a warning to India

electronics manufacturing hub. Given that level of ambition, we need to be prepared for setbacks — such as the news this week that Taiwan-based Foxconn would not, in the end, build a semiconductor factory in the western Indian state of Gujarat. This was a huge disappointment.

14.07 / 01:05

COST UPS Provident FIVE Manufacturing TSMC Foxconn may partner with TSMC and TMH to set up fab units

Foxconn is in talks with Taiwan Semiconductor Manufacturing Co (TSMC) and Japan’s TMH Group for technology and joint venture partnerships to start semiconductor fabrication units in India, said people with knowledge of the development. Foxconn and TSMC are both based in Taiwan. Foxconn, which ended its joint venture to make chips with India’s Vedanta Group earlier this week, has been talking to the two companies for some time now.

13.07 / 18:39

UPS Manufacturing Apple WOO Janet Yellen Seeks to Woo China’s Neighbors Without Provoking Beijing

Treasury Secretary Janet Yellen is visiting two of China’s neighbors where she has pushed firms to move their operations—just a week after she reassured officials in Beijing that the U.S. wasn’t out to sever trade and investment ties. The trip to India and Vietnam underlines a central tension in the U.S.-China economic relationship: Yellen and the Biden administration must figure out how to promote alternatives to China without further upsetting relations with Beijing.

13.07 / 12:21

Waters Action ASEAN China and ASEAN agree to try to conclude nonaggression pact on sea feud in 3 years

China and Southeast Asian nations have agreed to try to conclude within three years a long-delayed nonaggression pact aimed at preventing frequent territorial spats in the busy South China Sea from turning into a major armed conflict

13.07 / 06:21

UPS Manufacturing Dreams ‘Vedanta has lined up partners with semiconductors mission’: Chairman Anil Agarwal

Vedanta Group Chairman Anil Agarwal on Thursday said that the company is 100% committed to producing semiconductors for which it has lined up partners. He calls India a ‘land of opportunities' with huge potential.

13.07 / 00:47

Lowe's Progressive SUN Action China's US envoy pays uncommon visit to Pentagon for security talks

China's ambassador to the United States held a rare meeting at the Pentagon on Wednesday with the top US defence official for Asia, the Pentagon said, in talks that followed US criticism of Chinese reluctance to engage in military communications. A brief Pentagon statement said Chinese Ambassador Xie Feng discussed defence relations and "a range of international and regional security issues" in talks with Ely Ratner, a US assistant secretary of defence.

12.07 / 15:59

Reuters Progressive Software Enterprise Interface Marvell Broadcom European Commission Deal Broadcom's $61 billion VMware deal wins conditional EU antitrust OK

By Foo Yun Chee

12.07 / 13:33

UPS Waters Manufacturing Vedanta's Aggarwal says secured new partners for semiconductor foray

Vedanta has lined up partners for its semiconductor venture, chairman Anil Aggarwal said at the company's 58th Annual General Meeting (AGM) on Wednesday. This comes after Foxconn's departure from their $20 billion joint venture to establish a semiconductor fabrication unit and display unit in India. The venture was previously expected to be the first of its kind in the country, backed by a $10 billion government-supported financial incentive scheme. “We will begin our historic foray in semiconductor fab and glass fab manufacturing, post government’s approval.

12.07 / 13:33

UPS ‘Looking To Set -Up 4-5 Fabs In India…’; Foxconn’s Big India Plans | Details | In Focus

Developments in India’s Semiconductor space are un... moreDevelopments in India’s Semiconductor space are unfolding at a rapid pace.

12.07 / 13:05

Reuters Progressive Manufacturing Gap LinkedIn Micron Gujarat in talks with Foxconn for its semiconductor plant

Gujarat government is holding talks with Foxconn over a semiconductor plant, a top government official told Reuters, days after the Taiwanese giant broke off a $19.5 billion joint-venture plan with India's Vedanta. «We are in touch with multiple prospective investors, including Foxconn… Gujarat is uniquely positioned to attract top chipmakers,» said Vijay Nehra, secretary of the science and technology department in Gujarat. Foxconn this week exited its project with Vedanta, which was also planned for Prime Minister Narendra Modi's home state of Gujarat, citing issues such as slow progress.

12.07 / 13:03

UPS Manufacturing Gap Apple HON Indian Joint Venture exits Chip maker Foxconn exits a semiconductor joint venture with Indian mining company Vedanta

Apple iPhone manufacturer Foxconn has announced it is backing out of a $19.5 billion semiconductor joint venture with Indian mining conglomerate Vedanta Ltd

12.07 / 13:03

Twitter Platform Gap Airlines Zara Mercedes-Benz Bulgari apologizes to China for listing Taiwan as a country after online backlash

Italian luxury brand Bulgari is the latest international brand to apologize to China after listing Taiwan as a country on its website

12.07 / 10:35

UPS Manufacturing Gap Mobile HON Vedanta has lined up partners for semiconductor venture: Chairman Anil Agarwal

India's Vedanta has lined up partners for its semiconductor manufacturing venture in the country, group chairman Anil Agarwal said on Wednesday, days after its joint-venture partner Foxconn pulled out of the chipmaking project. Foxconn withdrew from a $19.5 billion semiconductor joint venture with the metals-to-oil conglomerate earlier this week.

12.07 / 09:41

UPS Provident Cooper Platform Fighting Enterprise Will Japan fight?

alliance between America and Japan would face several tests. If America came to Taiwan’s defence—itself hardly a given—it would need approval from Japan to use its bases there, which host 54,000 American troops. Would Japan accede? China might offer not to harm Japan if it refused.

12.07 / 06:53

Target MET Cooper Action Strategy rights China lashes back at NATO criticism, warns it will protect its rights

NATO's accusation that China challenges the bloc's interests and security, and opposed any attempt by the military alliance to expand its footprint into the Asia-Pacific region. In a strongly worded communique issued midway into a two-day summit in the Lithuanian capital of Vilnius on Tuesday, NATO said the People's Republic of China (PRC) challenged its interests, security and values with its «ambitions and coercive policies».

12.07 / 05:27

UPS MET Cooper Action COP SPY U.S. climate envoy John Kerry to visit China as talks pick up again

BEIJING — John Kerry, special presidential envoy for climate, is set to visit Beijing from July 16 to 19, according to announcements from the U.S. and China.

12.07 / 05:25

FIVE Extreme Career Best and worst countries for expats in 2023: Where does India stand? Full list here

Most of the expats find Mexico as their most favoured destination, followed by Spain, Panama, Malaysia, and Taiwan, according to a recent survey by InterNations, titled as ‘Expats Insider 2023’. On the other hand, Germany, South Korea, Turkey, Norway, and Kuwait appeared as the worst places for expats in the survey. India stood at 36th position in the index containing 53 nations.

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