Taiwan Dollar Slump Seen Ending on China, Chip Outlook
The worst may be over for the Taiwan dollar as China’s economic recovery and a rebound in the chip industry will support the beleaguered currency, according to analysts.
The worst may be over for the Taiwan dollar as China’s economic recovery and a rebound in the chip industry will support the beleaguered currency, according to analysts.
Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.
BYD Co. introduced its Dolphin electric car to Japan, betting that the compact hatch will help spearhead sales in a market that remains hesitant to embrace Chinese automakers and electric vehicles.
Stocks in Asia were on the backfoot as traders awaited the Federal Reserve’s next policy decision, with interest rates expected to be higher for longer to curb inflation.
Vietnam’s Prime Minister Pham Minh Chinh is pressing for closer economic and technological ties with the US during his trip to America a week after the two countries upgraded diplomatic ties.
Taiwan Semiconductor Manufacturing Co. and Arizona authorities are talking about adding advanced chip packaging capacity to the company’s plants in the state, Governor Katie Hobbs said in Taipei on Tuesday.
Stocks declined in Asia after Wall Street posted modest losses ahead of the Federal Reserve’s policy decision, with traders betting interest rates will be higher for longer to curb inflation.
Two years after Apple Inc. dropped Google Maps as its default service on iPhones in favor of its own app, Google had regained only 40% of the mobile traffic it used to have on its mapping service, a Google executive testified in the antitrust trial against the Alphabet Inc. company.
Canadian Prime Minister Justin Trudeau’s shocking allegations that India orchestrated the murder of a separatist leader leaves President Joe Biden caught between one of the US’s closest allies and an increasingly important partner in countering China.
Turkey’s President Recep Tayyip Erdogan and Israeli Prime Minister Benjamin Netanyahu met on the sidelines of the United Nations General Assembly in New York on Tuesday to advance a nascent thaw after more than a decade of frosty relations.