Central banks from Washington to London and from Jakarta to Taipei are about to make their first assessments of economic damage after more than two weeks of conflict between the US and Iran.Decisions this week encompassing every member of the G7 and eight of the world’s 10 most-traded currency juris
About 1,000 participants, including more than 200 venture capitalists, joined the Taiwan Demo Day in Silicon Valley on Saturday, the largest iteration to date of the event held ahead of Nvidia Corp’s annual GPU Technology Conference which runs from today to Thursday.Taiwan Demo Day, co-organized by
WHISKERY BUSINESS: Businesses are aiming to capture the growing percentage of feline fanatics as cat ownership across the country grows rapidly
Sales of cat-related products at major convenience stores have surged over the past few years, as rising cat ownership fuels what retailers call the emerging “cat economy.”Cat food and related products sales at stores such as 7-Eleven, Hi-Life and OK Mart have grown by about 30 percent, outpacing do
Japan and South Korea expressed concern on Saturday about rapid declines in their currencies, saying they were ready to act against excessive foreign-exchange volatility.Japanese Minister of Finance Satsuki Katayama and South Korean Minister of Economy and Finance Koo Yun-cheol “expressed serious co
Representatives from Beijing and Washington began their economic and trade talks in Paris yesterday, paving the way for US President Donald Trump’s state visit to Beijing to meet Chinese President Xi Jinping (習近平) in about two weeks.The delegations, led by US Secretary of the Treasury Scott Bessent
Models and a robot pose for photos at a promotion event for sofas in Beijing yesterday.
At a massive shipyard in North Vancouver, Canadian workers grind metal beams for a powerful new icebreaker crucial to cementing the country’s presence in the increasingly contested arctic.Icebreakers are specialized, expensive vessels able to navigate in the frozen far north.And “this is the crown j
Gina Tindale, 22, graduated from college £90,000 (US$119,113) in debt, a common experience across the UK, where young people saddled with huge debts are calling for a reform of the student loan system.The British parliament’s treasury committee has launched an inquiry into the student loan system, a
Chinese entrepreneur Frank Gao used to spend long hours running his social media accounts but now outsources the chore to artificial intelligence (AI) agent tool OpenClaw, which is taking China by storm despite official warnings over cybersecurity.OpenClaw, created in November by an Austrian coder,
SIXTY TARGETS: The probe would determine whether economies had properly implemented import bans on of goods produced with forced labor, an official said
US President Donald Trump’s administration on Thursday began its second tariff investigation in as many days, continuing its effort to rebuild Trump’s trade policy that was struck down by the US Supreme Court.The office of US Trade Representative Jamieson Greer initiated the probe under Section 301
NO MIDEAST HIT? As increasing memorychip prices are expected to lift average selling prices, notebook revenue might be flat or slightly up, an executive said
Wistron Corp (緯創) yesterday said it expects revenue this year to grow by a high double-digit percentage annually, driven by demand for artificial intelligence (AI) servers amid data center build-outs by major cloud service providers.Major customers have not shown any slowdown in AI infrastructure sp
Micro-Star International Co (MSI, 微星科技), a supplier of PCs and PC motherboards, yesterday said that global PC shipments would dip by as much as 20 percent this year as memorychip price surges dampen demand.It is expected to be a challenging year for the PC industry and could be one of “the most diff
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) share of the global foundry market rose to almost 70 percent last year amid booming demand for artificial intelligence (AI), market information advisory firm TrendForce Corp (集邦科技) said on Thursday.The contract chipmaker posted US$122.54 billion in
Taiwan’s manufacturing sector expanded for a fifth consecutive month last month, with growth accelerating to the fastest pace in nearly four years despite fewer working days due to the Lunar New Year holiday, the Chung-Hua Institution for Economic Research (CIER, 中經院) said yesterday.The official pur
A man unloads gas cylinders at a gas agency office in New Delhi yesterday. Stalled shipments from the Gulf, driven by Middle East conflicts, are causing widespread LPG supply disruptions across India.
STABILITY MECHANISMS: Kung Ming-hsin said that oil supply sources are diversified across multiple countries, meaning that if some routes close, they could be redirected
The government will prioritize price stability when considering electricity and fuel price adjustments amid volatile global energy markets, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday, ahead of a meeting of the electricity price review committee later this month.Global prices of
Asian buyers of liquefied natural gas (LNG) are preparing for the war in the Middle East to disrupt deliveries for months, as a prolonged outage at the world’s largest export plant tightens supply and lifts prices.Companies in Thailand are looking to buy LNG cargoes for delivery through May, traders
NEW PRODUCTION LINES: E Ink chairman Johnson Lee said that he is bullish about the market for outdoor digital signage, ‘so we have to keep expanding capacity’
E Ink Holdings Inc (元太科技) yesterday said it plans NT$5 billion to NT$8 billion (US$157.01 million to US$251.22 million) in capital expenditure this year, compared with NT$5 billion last year, as the world’s largest e-paper display supplier continues capacity expansion to produce electronic shelf lab
CTBC Financial Holding Co (中信金控) yesterday said it is cautiously optimistic about profit growth this year, citing resilient economic conditions and improving business momentum after posting record earnings last year.Cumulative net profit for the first two months of this year was NT$15.53 billion (US
India plans to unveil a more than 1 trillion rupee (US$10.8 billion) fund aimed at bolstering domestic chipmaking, advancing its bid to become a global manufacturing hub.The fund — which would provide subsidies for chip design projects, manufacturing equipment and supply chain development — might be