News

China Steel Corp (中鋼), the nation’s biggest steelmaker, yesterday announced sweeping price cuts by NT$600 per tonne for ...
China has quietly ramped up gold imports by authorizing major banks to use foreign exchange reserves—specifically US ...
Shares in Taiwan closed more than 450 points higher Wednesday, led by gains in contract chipmaker TSMC, which neared the New ...
Taiwan's stock market soared over 450 points, bolstered by TSMC's gains amid rising US tech stocks. AI-related shares, ...
The world’s largest contract electronics maker, Foxconn, downgraded its full-year outlook citing uncertainty prompted by ...
Hon Hai Precision Industry Co., the main manufacturer of iPhones and Nvidia Corp.-powered AI servers, cut its guidance for ...
The scale of the move was a reminder that the apparent stability of the Taiwan dollar has long rested on a fragile equilibrium. After all, Taiwan’s dollar is structurally weak, and there all sorts of ...
Foxconn Chief Financial Officer David Huang said during the earnings call that every NT$1 appreciation in the annual average exchange rate of the Taiwan dollar against its U.S. counterpart affects the ...
The New Taiwan Dollar (TWD) tends to be a boring currency with limited volatility, but the sudden appreciation – if not ...
Samsung Foundry is reportedly securing Qualcomm and NVIDIA for next-gen 2nm chip orders, diversifying new chip orders from ...
Taiwan’s biggest insurers posted a total loss of NT$18.7 billion ($620 million) in April due to currency volatility after US ...
The Taiwanese currency’s recent stunning rally against the U.S. dollar has highlighted a big risk in an unlikely area: the ...