Brussels has given the nod of approval to German state aid for the building of a new chip factory as Europe seeks better tech supply security. It came as ground was broken on the site...
The powerful yen short squeeze that has roiled the capital market this week has stalled today. It is the first day this week that the dollar has not fallen below the previous day’s low and...
Ahead of Taiwan’s election, economic concerns are driving voters to the polls more than tensions with China. With a downturn in industrial production and an aging population, Taiwan needs a new economic model. Taiwan’s economy,...
US Commerce Secretary Gina Raimondo is in Beijing for talks with Chinese counterpart Wang Wentao. US firms reported challenges with operating in China after Washington moved to block advanced semiconductor exports. US Commerce Secretary Gina...
The US and Taiwan seem willing to set aside bilateral trade irritants and boost commercial ties as relations with China deteriorate. The United States announced on Wednesday that it will begin formal negotiations with Taiwan on...
The US dollar is trading heavily against all the major currencies, led by the Norwegian krone and euro. Emerging market currencies are also firmer. However, risk-appetites seem subdued. Even though most large bourses in Asia...
The US dollar enjoys a firmer bias against the major currencies ahead of the July employment data. Emerging market currencies are mixed. Asian currencies are generally firm while central Europe is a bit softer. Some...
While Russian gas can be replaced with other forms of energy, microchips made in Taiwan cannot. The country’s chip giant TSMC has attained a global market dominance of truly systemic proportions. But why is that?...
The recovery in equities stalled, and the risk-off mood has helped lift the US dollar, which had been trending lower. Taiwan and Malaysia were notable exceptions in the Asia Pacific regions to the heavier equity...
Taiwan’s Foxconn group has said some of its student interns worked overtime and night shifts, in violation of company rules. The firm has been embroiled in a number of scandals regarding poor working conditions. Taiwanese...
