In a bid to lift the global visibility of Taiwanese equities, the Taiwan Stock Exchange (TWSE) has signed a memorandum of understanding with the Japan Exchange Group Inc (JPX) and the Korea Exchange (KRX) to strengthen business ties.
“The Taiwan Stock Exchange has long-term relationships with JPX and KRX,” TWSE chairman Hsu Jan-yau (許璋瑤) said in a statement. “We are excited to extend the cooperation to a trilateral aspect. We look forward to collaborating to strengthen our connections, to increase our visibility in the Asia-Pacific and to provide top notch investment opportunities to investors.”
There are seven exchange-traded funds (ETFs) on Taiwan’s main board that track equities in Japan. TAIEX Futures, which tracks the benchmark TAIEX, are traded on the Osaka Exchange.
Yuanta Securities Investment Trust Co (元大投信) has launched the Yuanta KOSPI 200 ETF to track the KOSPI 200 Index, which comprises 200 large-cap stocks on the KRX and is the benchmark index in Seoul’s market, while TAIEX ETFs are also traded in Seoul.
The memorandum followed MSCI Inc’s announcement that it is to include some large-cap China A-shares in the MSCI Emerging Markets Index and the MSCI All Country World Index as of June.
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”
Thousands of parents in Singapore are furious after a Cordlife Group Ltd (康盛人生集團), a major operator of cord blood banks in Asia, irreparably damaged their children’s samples through improper handling, with some now pursuing legal action. The ongoing case, one of the worst to hit the largely untested industry, has renewed concerns over companies marketing themselves to anxious parents with mostly unproven assurances. This has implications across the region, given Cordlife’s operations in Hong Kong, Macau, Indonesia, the Philippines and India. The parents paid for years to have their infants’ cord blood stored, with the understanding that the stem cells they contained
Sales in the retail, and food and beverage sectors last month continued to rise, increasing 0.7 percent and 13.6 percent respectively from a year earlier, setting record highs for the month of March, the Ministry of Economic Affairs said yesterday. Sales in the wholesale sector also grew last month by 4.6 annually, mainly due to the business opportunities for emerging applications related to artificial intelligence (AI) and high-performance computing technologies, the ministry said in a report. The ministry forecast that retail, and food and beverage sales this month would retain their growth momentum as the former would benefit from Tomb Sweeping Day