HEADWINDS: China’s economy is likely to slow further next year, amid weakness in the property sector and waning momentum from the AI boom, an analyst said
China’s economy expanded at the slowest annual pace in a year in the July-to-September period, growing 4.8 percent, weighed down by trade tensions with the US and slack domestic demand.That was the weakest pace of growth since the third quarter of last year, and compared with a 5.2 percent growth in
ASRock Rack Inc (永擎), which produces server motherboards and rackmount servers, yesterday said it expects fourth-quarter revenue to rise about 5 percent from the previous quarter, driven by demand for artificial intelligence (AI) products, including Nvidia Corp’s HGX B200 servers.Although shipment v
Apple Inc’s latest generation of iPhones is off to a faster start than usual, with its most basic model surging in popularity.The iPhone 17 series outsold the iPhone 16 range by 14 percent over their respective first 10 days on sale in the US and China, Counterpoint Research said. The standard iPhon
Inventec Corp (英業達) yesterday signed a US$625 million syndicated loan with a group of banks led by state-run Hua Nan Commercial Bank (華南銀行) to bolster its development of artificial intelligence (AI) servers and other key products.The syndicated loan was 150 percent oversubscribed as Inventec, which
Taiwan intends to build Kaohsiung into a national silicon photonics hub at a time when the country is gearing up to develop artificial intelligence, National Development Council (NDC) Minister Yeh Chun-hsien (葉俊顯) said yesterday.The Ministry of Economic Affairs (MOEA) is discussing the establishment
After outlining its ambition to transform Taiwan's capital market into an "Asian Nasdaq," the Taiwan Stock Exchange (TWSE) on Monday announced it will ease rules governing listed companies in an effort to attract more foreign startups.With President Lai Ching-te (賴清德) and Premier Cho Jung-tai (卓榮泰)
Taiwan is ranked the 8th top investor in Philippine Economic Zone Authority (PEZA) Special Economic Zones, a Philippine official said in a recent interview.PEZA Director-General Tereso O. Panga told CNA in early October that 84 Taiwanese companies had invested in the 431 economic zones under PEZA as
Dogs and owners in costume walk during the annual Tompkins Square Halloween Dog Parade in New York on Sunday. The parade, now in its 35th edition, features dogs and owners showing off creative Halloween costumes.
RARE EARTHS: The call between the US Treasury Secretary and his Chinese counterpart came as Washington sought to rally G7 partners in response to China’s export controls
China and the US on Saturday agreed to conduct another round of trade negotiations in the coming week, as the world’s two biggest economies seek to avoid another damaging tit-for-tat tariff battle.Beijing last week announced sweeping controls on the critical rare earths industry, prompting US Presid
MANUFACTURING: The US president has wielded tariffs to spur domestic production, but manufacturers rely on global supply chains to produce finished goods in the US
US President Donald Trump’s administration formally imposed 25 percent tariffs on imported medium and heavy-duty trucks and parts, as well as a 10 percent duty on buses, while extending a key tariff reprieve for US automakers.Trump signed a proclamation on Friday, hitting trucks and buses with tarif
France cannot afford to ignore the third credit-rating reduction in less than a year, French Minister of Finance Roland Lescure said.“Three agencies have downgraded us and we can’t ignore this cloud,” he told Franceinfo on Saturday, speaking just hours after S&P lowered his country’s credit rating t
Gasoline and diesel prices are to fall NT$0.5 and NT$0.8 per liter respectively this week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday, as global crude oil prices last week dropped for the third consecutive week.Gasoline prices at CPC and Formosa stations are to fall
Soaring gold prices led Indian buyers to choose coins and bars over jewelry during the Dhanteras festival on Saturday, fueled by hopes that the precious metal’s glittering rally would continue, industry officials said. Dhanteras, which marks the start of the five-day Diwali festival of lights, is co
People relax on Nanwan Beach in the Kenting area of Pingtung County’s Hengchun Township yesterday. Once one of Taiwan’s most popular tourist destinations, Kenting has seen visitor numbers steadily decline over the past decade. Government data show arrivals fell to a 41-year low of 2.14 million last
Jensen Huang (黃仁勳), founder and CEO of US-based artificial intelligence chip designer Nvidia Corp and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) on Friday celebrated the first Nvidia Blackwell wafer produced on US soil.Huang visited TSMC’s advanced wafer fab in the US state of Arizona and
Mercy Diebiru-Ojo’s ambitions are straightforward — increase Nigerian yam and cassava yields by 500 percent, fight hunger and raise her country’s position on the agricultural value chain from a mere grower to a processor.The first steps, at least, are already under way for the 44-year-old agronomist
Ian Falconer kept thinking about the heaps of discarded plastic fishing nets he saw at Newlyn harbor near his home in Cornwall, southern England. “I thought ‘it’s such a waste,’” he said. “There has to be a better solution than it all going into landfill.”Falconer, 52, who studied environmental and
New Yorkers run on coffee. From high-end experimental boutique cafes to the humble sidewalk cart, millions of cups of java are sold every day.However, coffee-lovers are facing increasing pain as they pay for their simple espresso shots and elaborate pumpkin spiced lattes as the cost of beans has jum
CHINESE EXPORT CURBS: A dispute between China and the Netherlands could halt chip supply, affecting vehicle production, US and European auto associations said
Groups representing major automakers late on Thursday warned that a chip disruption stemming from a dispute between China and the Dutch government could quickly affect US auto production.Automakers and their suppliers received notice from chipmaker Nexperia (安世半導體) last week that it could no longer
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