Taiwan Financial News

04.07 / 16:15

Provident Man Progressive Action Dreams Parke IIM Shillong 16th Inaugural Day: Forest Man of India Jadav Payeng highlights importance of planting sandalwood trees

Forest Man of India Jadav Payeng highlighted the importance of planting sandalwood trees for their environmental and economic value in IIM Shillong. IIM Shillong commemorated its 16th Inaugural Day on July 4, 2023. The 16th Inaugural Day celebration featured a plantation drive led by the students and attended by various stakeholders.

04.07 / 11:50

Target VISA CEO Matthews US measure would ban products containing mineral mined with child labor in Congo

New U.S. legislation would ban imported products containing critical green transition minerals mined by child labor in Congo

04.07 / 07:27

NIFTY foreign Why foreign investors are flocking back to India

Indian equities since March this year. An analysis by Bank of Baroda shows that India has registered FII inflow (equity) of $1,220 crore for the quarter ended 30 June. Countries such as South Korea, Taiwan and Indonesia have received far less inflows compared with India, and notably, the US and Thailand have seen foreign portfolio investors moving out of their respective countries, said the report.

04.07 / 05:47

UPS Taiwan says 8 Chinese aircraft crossed Taiwan Strait median line

Taiwan Strait on Tuesday morning, Taiwan's defence ministry said, as China ramps up military pressure on the democratic island. Taiwan, which China claims as its own territory despite the island's strong objections, has faced in recent years almost daily missions by Chinese military aircraft, often in the southwestern part of the island's air defence identification zone.

04.07 / 02:23

Citi Digital CEO Strategy boost OCBC is looking to Greater China and Southeast Asia for a $2.2 billion boost in revenue

Singapore'sOversea-Chinese Banking Corporation has set its sights on «longer term opportunities» in Greater China and Southeast Asia and expects the strategy to bring an additional revenue of $2.2 billion by 2025, CEO Helen Wong told CNBC on Monday.

03.07 / 20:39

UPS Dash Action Continental Uncharted Warner Bros ‘Barbie’ movie banne in Vietnam. Read here why

Vietnam has banned Warner Bros’s Barbie film from domestic distribution over a scene featuring a map that shows China’s unilaterally claimed territory in the South China Sea, reported Bloomberg Monday citing reports in VnExpress. The movie contains an ‘illegal image’ of disputed ‘nine-dash line’ used on Chinese maps to illustrate its claims over vast areas of the South China Sea, which Vietnam considers its continental shelf, the report says citing Vi Kien Thanh, head of the Ministry of Culture, Sports and Tourism’s cinema department.

03.07 / 04:25

COST UPS Manufacturing SAP China’s stubborn manufacturing slump drags down rest of Asia

Manufacturing across most of Asia deteriorated further in June as a weak Chinese economy sapped demand for the region’s goods. Factory activity remained stuck in contraction in neighbouring economies South Korea, Japan and Taiwan, according to manufacturing purchasing managers’ indexes published Monday by S&P Global and au Jibun Bank. Much of Asia’s manufacturing sector had pinned its hopes on a strong Chinese post-pandemic rebound, only to see weaker-than-expected trade with the world’s second largest economy.

02.07 / 07:13

UPS Provident Manufacturing Strategy Apple Parke Leading Taiwanese firms looking at relocating production bases to India: Policymakers

technology firms are looking at relocating their manufacturing bases to India to bring down their exposure to the Chinese market, top policymakers in the Taiwan government have said, amid the self-governed island's increasingly tense relations with China. Deputy Minister for Taiwan's National Development Kao Shien-Quey said there is huge scope for collaboration between New Delhi and Taipei in areas of emerging and critical technologies including manufacturing of semiconductors and electronics equipment.

02.07 / 04:17

Provident Reuters Progressive Software Shell Dublin airport staff's pay and benefits compromised in cyberattack: report

cyberattack on professional service provider Aon, according to a report in the Sunday Times. DAA can confirm that as a result of a recent cyberattack on Aon, a third-party provider, data relating to some employees' pay and benefits were compromised, the report quoted DAA's spokesperson as saying.

01.07 / 04:39

debate EU leaders to pledge de-risk from China and debate what this means

European Union leaders are set on Friday to commit to reducing the bloc's dependence on China and debate how to strike the balance between "de-risking" and engaging in areas such as climate change. «This is the million euro question,» Latvian Prime Minister Krisjanis Karins told reporters on his arrival at the two-day summit in Brussels on Thursday. «We need to de-risk and that means being able to step back to some degree because geopolitically the apparently growing relationship between China and Russia is a potential problem for all of us,» he said.

01.07 / 02:27

UPS HSBC Shriram Finance eyes $150 million social loan, HSBC lead arranger

Shriram Finance, India's second-biggest standalone non-bank lender by advances, plans to raise at least $150 million through a social loan for which HSBC is the sole mandated lead arranger. The pricing of the loan, which has a tenor of three years, would be around 200 basis points above the Secured Overnight Financing Rate (SOFR), the UK-based bank told ET. One basis point is 0.01 percentage point.

30.06 / 12:27

Citi Reuters Manufacturing Samsung HON Executive letter A jailed South Korean chip executive denies stealing Samsung data for China factory in a letter

Samsung Electronics. In a handwritten letter to Reuters, his first comments to media since he was detained on May 25, Choi Jinseog elaborated on his defence plan and said the allegations against him regarding the Xian plant were not substantiated. Prosecutors earlier this month indicted the former Samsung executive for illegally obtaining secret information to build a semiconductor plant only 1.5 km (1 mile) from a Samsung factory in Xian, China.

30.06 / 10:55

economy stocks stock market Money stock markets Tech and energy stocks lift S&P/TSX composite, U.S. stock markets mixed

Canada’s main stock index posted modest gains Wednesday as strength in energy and technology, among other sectors, helped outweigh weakness in base metals, while U.S. markets were mixed.

27.06 / 16:31

Manufacturing CEO JPMorgan Platform Airlines Software Kellogg Delta Stocks making the biggest moves midday: Lordstown Motors, Walgreens Boots Alliance, Delta and more

In this article

27.06 / 12:29

UPS Kellogg Delta Stocks making the biggest premarket moves: Walgreens, Kellogg, Eli Lilly, Delta and more

In this article

20.06 / 10:37

ETH Target Binance CEO Fighting Remark Support ZachXBT's Defamation Lawsuit Receives Over $1 Million in Donations as Prominent Figures Rally Support

In a surprising turn of events, renowned on-chain analyst ZachXBT has exceeded his initial fundraising target, amassing a staggering $1,055,233 in donations, according to Nansen data. This remarkable achievement has been made possible through contributions from various entities and influential figures within the crypto industry.

16.06 / 04:28

business Adoption Google Research Meta tech startups AI startup seed funding AI startup by ex-Meta and Google researchers raises $113M in seed funding

A brand new artificial intelligence (AI) startup dedicated to rival ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing up its valuation to $260 million within two months of inception.

16.06 / 04:22

UPS Provident Cooper Matthews TikTok SPY saga Blinken to fly to Beijing for high-stakes diplomacy after spy balloon saga

BEIJING — U.S. Secretary of State Antony Blinken is set to travel to Beijing this weekend in his first trip to China under the Biden administration.

13.06 / 13:49

Telecom Giant Taiwan Mobile in Talks for Crypto Platform Investment

Telecommunications giant Taiwan Mobile is in talks with local crypto platforms about potential partnerships and even investment in one of the businesses.

10.06 / 12:25

business Technology Adoption ChatGPT OpenAI CEO highlights South Korean chips sector for AI growth, investment

Sam Altman, the CEO of ChatGPT developer OpenAI, met with South Korean President Yoon Suk Yeol on June 9 and urged South Korea to play a leading role in manufacturing the chips needed for artificial intelligence (AI) technology. Altman also expressed an interest in investing in Korean startups and collaborating with bigger chipmakers like Samsung Electronics.

06.06 / 20:14

Blockchain NFT Blue chip collaterals help stabilize NFT lending: Paraspace

According to a recent report published by nonfungible token (NFT) money market protocol Paraspace and multichain wallet BitKeep, the current amount of NFT borrowing and lending, or NFTFi loans, has surpassed $430 million across 43,521 borrowers. The highest proportion of collateral comprised the most popular NFT collections, such as Wrapped CryptoPunks, Bored Ape Yacht Club and Mutant Ape Yacht Club.

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