The transaction value of small investment programs and odd-lot trading in Taiwan hit new highs last year, according to the Taiwan Stock Exchange (TWSE).Small investment programs, also known as dollar-cost averaging plans, and odd-lot trading have served as twin engines of inclusive financing, signif
CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) are to lower domestic gasoline prices this week, but leave diesel prices unchanged from last week.In separate statements yesterday, state-run CPC and privately owned Formosa said that they would lower gasoline prices by NT$0.1 per li
WHAT GROWTH? ICT exports soared last year, while exports of metals, plastics and metal-cutting machine tools were all lower, and felt the blow of US tariffs
Taiwan’s economy last year soared on skyrocketing exports of artificial intelligence (AI) hardware and semiconductors, but companies in more traditional manufacturing sectors could only look on with envy as they were clobbered by US tariffs and a strong local currency.The nation’s growth has for dec
The EU and Vietnam are to elevate ties during a visit to Hanoi by European Council President Antonio Costa on Thursday, an EU official said, as both sides seek to expand international partnerships amid disruptions from US tariffs. The visit comes on the heels of To Lam’s reappointment as Vietnam’s t
People make “bitter orange tea” — a Hakka fruit tea that is considered to promote good health — at the Shuiji Community Center in Hsinchu County’s Beipu Township yesterday.
Men’s fashion is embracing embroidery and handcrafted textiles that were once viewed as old-fashioned or feminine, with a clutch of modern Indian brands poised to benefit from the catwalk and celebrity-driven trend.Embroidery is a historic mainstay of traditional clothing in Asia or the Middle East,
Madrid has emerged as a coveted global luxury housing destination as Latin American and US investors fuel a real-estate boom, seduced by competitive prices and high living standards.The Spanish capital “is on fire,” said Edoardo Corda, founder of estate agency Mi Piso en Madrid, which specializes in
Sweeping policy changes under US Secretary of Health and Human Services Robert F. Kennedy Jr are having a chilling effect on vaccine makers as anti-vaccine rhetoric has turned into concrete changes in inoculation schedules and recommendations, investors and executives said.The administration of US P
ROSY OUTLOOK: The manufacturing production index this year is expected to keep benefiting from demand for tech, including chip packaging, an official said
Industrial production expanded 16.7 percent year-on-year last year, driven by growth in semiconductor, electronics and computers production, the Ministry of Economic Affairs said yesterday.The manufacturing production index — which accounts for 94.63 percent of the overall industrial production inde
Intel Corp shares plunged as much as 14 percent in late trading after chief executive officer Lip-Bu Tan (陳立武) gave a lackluster forecast and warned that the chipmaker was struggling with manufacturing problems.First-quarter projections for revenue and earnings fell well short of Wall Street estimat
E.Sun Financial Holding Co (玉山金控) yesterday won shareholder approval to acquire Mercuries Life Insurance Co (三商美邦人壽), clearing a major hurdle in the largest transaction in the bank-led group’s history and advancing its long-standing ambition to become a fully diversified financial conglomerate.The p
‘KEY TOOL’: Investors’ primary focus was on AI and big data, followed by biotechnology and medical, the Taiwan Institute of Economic Research survey showed
“Artificial intelligence” (AI) and “big data” were the most common words used to describe start-ups in Taiwan for the fourth consecutive year, the Taiwan Institute of Economic Research (TIER, 台經院) said in the Taiwan Start-up Ecosystem Survey published yesterday.The survey, which has been conducted a
Electronics manufacturing service provider Pegatron Corp (和碩) yesterday said revenue from its artificial intelligence (AI) server business is expected to grow by a triple-digit percentage this year, following a surge last year of those proportions driven by demand for AI applications.Pegatron’s AI s
A man stacks vegetables on a cart during snowfall in Mosul, Iraq, yesterday.
TRANSiTION: The computer maker is boosting investment in AI-related transformation, with AI servers forecast to account for about 80 percent of total server revenue this year
Compal Electronics Inc (仁寶) yesterday said it is targeting revenue of NT$1 trillion (US$31.6 billion) for this year, backed by forecast “explosive growth” in its artificial intelligence (AI) server business in the second half of the year. The company’s revenue last year fell 17 percent year-on-year
Global semiconductor stocks advanced yesterday, as comments by Nvidia Corp chief executive officer Jensen Huang (黃仁勳) at Davos, Switzerland, helped reinforce investor enthusiasm for artificial intelligence (AI).Samsung Electronics Co gained as much as 5 percent to an all-time high, helping drive Sou
Hon Hai Precision Industry Co (鴻海精密), the world’s largest electronics manufacturing service provider, yesterday unveiled plans to form a new bus manufacturing joint venture with Mitsubishi Fuso Truck and Bus Corp (MFTBC), with an aim to advance development of zero-emission buses in Japan.The new ven
EMPLOYMENT: Labor conditions remained stable last month, supported by steady economic activity and a pickup in hiring ahead of the Lunar New Year holiday
Taiwan’s labor market ended last year on a firm footing, with unemployment falling to its lowest level in more than two decades, underscoring steady employment conditions supported by a resilient domestic economy.The unemployment rate stood at 3.3 percent last month, while the full-year average came
Electronic components manufacturer Lite-On Technology Corp (光寶科技) has made a public tender offer to partially or fully acquire U-Media Communications Inc (宇智網通), which provides advanced 5G fixed wireless access (FWA) and connectivity solutions.Lite-On — whose products cover information technology an
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