Taiwan Set for Rate Decision Amidst Lingering Concerns Over Home Prices
Taiwan is on the verge of a new interest rate decision as economic concerns continue to grow among investors and experts regarding the state of housing in the country. A meeting of the Central Bank of Taiwan is scheduled for this Wednesday, where the possibility of changing the key interest rate, currently at 1.875%, will be discussed. This decision could significantly impact the real estate market, which is already troubled by high housing prices and a slowdown in sales.
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China Scraps Tariff Exemptions on Certain Taiwanese Imports
The Chinese government has decided to eliminate tariff exemptions on a range of imported goods from Taiwan, marking a significant shift in the country's trade policy. This decision will affect various categories of products, including technological components and electronics that previously enjoyed duty-free status.
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Cyber Attack on Taiwan Stock Exchange and Major Bank: Who Is Behind It?
Recently, Taiwan witnessed a significant cyberattack that affected both the Taiwan Stock Exchange and one of the country's leading banking organizations. The incident occurred on September 13, 2024, and has drawn considerable attention from local and international cybersecurity experts.
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JPMorgan and AllianzGI Seek to Capture a Piece of Taiwan's AI Wealth Boom
Leading financial institutions such as JPMorgan Chase and Allianz Global Investors are eager to capitalize on the rapidly expanding artificial intelligence market in Taiwan. Recent studies have revealed a significant increase in demand for AI technologies in the country, drawing major investment firms to actively engage with local startups and established players.
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TSMC's August Revenue Soars by 33% Driven by Strong AI Chip Demand
In August 2024, Taiwan Semiconductor Manufacturing Company (TSMC) reported a significant increase in its revenues, which rose by 33% compared to the same period last year. This remarkable revenue growth is attributed to the high demand for chips used in artificial intelligence (AI) applications.
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Taiwan Sets Records: Exports to the U.S. Surpass China for the First Time
Amid global economic uncertainties, Taiwan has reported an astonishing surge in exports to the United States, reaching an all-time high in August this year. Data reveals that Taiwanese shipments to the U.S. exceeded those to China, marking a significant event in international trade.
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TSMC's Arizona Trials Match Productivity Levels of Taiwan Plants
Leading Taiwanese company TSMC (Taiwan Semiconductor Manufacturing Company) has announced that its new semiconductor manufacturing plant in Arizona has demonstrated productivity results comparable to its facilities in Taiwan. This significant achievement comes after extensive trials carried out at the new plant, which is considered a key component of the U.S. strategy to reduce dependence on Asian suppliers of components.
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Rising Tensions in the Tech Sector: Taiwan vs. China
Recent events in the tech sector between Taiwan and China have once again attracted the world's attention. The situation demands a detailed analysis as it could significantly affect the technology market and the global economy. Taiwan, known as a key player in semiconductor manufacturing, is facing pressure from Beijing. The situation escalated after China intensified its military maneuvers near the island, conducting exercises and showcasing its strength.
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Taiwan Accuses China of Poaching Talent from Tech Firms
China has once again found itself at the center of a major scandal as Taiwan accuses it of attempting to poach talented professionals from its leading tech companies. Taiwan, a key player on the global technology stage, particularly in the semiconductor sector, is expressing concerns over the sectors where local firms are losing their top employees.
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