TSMC Q2 profit up 60%
TSMC is the world's largest contract maker of chips.TSMC’s April revenue up 60%
It capitalized on huge wave of demand for chips used in AI hardware.Taiwan suffers from biggest earthquake in 25 years
NEW TAIPEI CITY, TAIWAN - Liu watched intently as rescuers carefully picked their way through the remains of a warehouse that crumbled like a house of cards Wednesday during Taiwan's strongest earthquake in 25 years, telling AFP it "was like a mountain collapsed". Propping ladders against the debris, the rescue workers...Chip giant TSMC shifts to Japan
The company produces half the world's chips.China says ‘firmly opposed’ to all official US-Taiwan exchanges
"China has always firmly opposed any form of official exchanges between the United States and Taiwan, and resolutely rebutted the United States for interfering in Taiwan's affairs in any way and under any pretext," foreign ministry spokeswoman Mao Ning told a regular press conference.EVA Air orders 33 Airbus planes
The deal could be worth as much as $8.5 billion.China’s ties with US ‘stabilized’ last year, says Wang Yi
In an attempt to lower recriminations in the relations between the two countries, President Joe Biden met Chinese counterpart Xi Jinping in San Francisco in November for talks that both sides described as a qualified success. Beijing and Washington have butted heads in recent years on flashpoint issues from technology...Taiwan’s president urges China to seek ‘peaceful coexistence’
Taiwan is less than two weeks from an election, closely watched from Beijing to Washington as it determines the future of the self-ruled island's relations with an increasingly bellicose China. Chinese president has previously said China would never rule out the use of force to bring Taiwan under its control.Taiwan shipping giant Evergreen suspends Israel cargo services
Due to "escalation of war situation in recent days, Evergreen will temporary suspend Israel import and export service due to rising risk and safety considerations with immediate effect until further notice," Evergreen said in a brief notice to its customers.Foxconn to invest $1.54bn more in India
The firm announced in May to purchase land for $37 million in India.Biden, Xi set for high-stakes summit
San Francisco, US - US President Joe Biden and Chinese President Xi Jinping will try to prevent the superpowers' rivalry spilling into conflict when they meet for the first time in a year at a high-stakes summit in San Francisco on Wednesday. With tensions soaring over issues including Taiwan, sanctions and...Foxconn reports 11% rise in profit
Foxconn is China's largest private-sector employer.China wants to be world’s strongest nation, says Blinken
WASHINGTON, US - China is seeking to surpass the United States as the top power in the world, US Secretary of State Antony Blinken said on Thursday, as he again warned on Taiwan. Successive US presidents have called China the top long-term challenge to the United States, but some US analysts...Taiwan says 42 warplane incursions after launch of China military drills
China announced earlier Saturday that it had "launched joint air and sea patrols and military exercises of the navy and air force around the island of Taiwan", according to state media outlet Xinhua. The drills were conducted after Taiwan's Vice President William Lai made stopovers in the United States --...Foxconn pulls from $19.4 bn deal in India to make semiconductors
The plan was to boost New Delhi's self-reliance in the technology supply chain, given that semiconductors are an essential component of nearly all modern electronics -- powering everything from coffee machines to electric cars. The deal would have seen Vedanta -- one of India's biggest mining companies -- take a...Israel ranks 5th healthiest country in the world
Dubai, UAE - Israel ranks in 5th place out of the 167 countries on the index of the world’s healthiest and unhealthiest countries. Singapore was rated as having the top service and state of health globally in 2023. Asia is well represented generally, with the four top places rounded off...Taiwan chip giant sees no production hit from China curb on rare metals
Taipei, Taiwan -- Taiwan's chip giant TSMC said Thursday it did not expect any direct effect on production from China's latest export controls on two rare metals essential for making semiconductors. China's Ministry of Commerce and Customs announced Monday that exports of gallium and germanium will require a license from Aug....US supports China’s bid to advance Middle East peace
Saudi-Iran peace deal will reduce tensions in the region and would solve some of the problems if not all, says US Secretary Antony J. Blinken in an interview.US supports China’s bid to advance Middle East peace
Saudi-Iran peace deal will reduce tensions in the region and would solve some of the problems if not all, says US Secretary Antony J. Blinken in an interview.Blinken begins high-level talks in China to ease bilateral tensions
US Secretary of State Antony Blinken is in Beijing for key discussions, marking the first top-level US visit in five years. Amid rising tensions and conflicts over trade, technology, and security, both countries display cautious optimism for better communication and a potential easing of bilateral strains.World at tipping point of new computer era: Nvidia chief
Jensen Huang unveiled a raft of AI-related products in his first public speech in four years at Taiwan tech trade show, which included an AI supercomputer platform called DGX GH200, which he said is now "in full production".Foxconn Q1 profit dips 56%
Foxconn blamed the plunge on weakened demand.G7 vows ‘severe costs’ for those helping Russia in Ukraine
After two days of talks in the bucolic Japanese mountain resort town Karuizawa, the top diplomats from leading economies unveiled no new sanctions on Moscow over its invasion but pledged to crack down on those helping Russia evade the measures and acquire weapons.US deploys naval destroyer in South China Sea as China rehearses ‘sealing off’ Taiwan
After two days of exercises that included simulating targeted strikes on Taiwan and encirclement of the island, the Chinese military said the wargames also included "sealing" it off, and a state media report said dozens of planes had practised an "aerial blockade". One of China's two aircraft carriers -- the...China to end Taiwan military exercises with live-fire drills
China's war games involved sending planes, ships and personnel into "the maritime areas and air space" around all four sides of Taiwan, the army said of the exercises. On Beigan island, part of Taiwan's Matsu archipelago that is within eyesight of China's mainland, 60-year-old chef Lin Ke-qiang told AFP he...TSMC posts Q4 profit of US$9.7bn
The Taiwanese company predicts slowing sales for 2023.China’s air incursions into Taiwan zone doubled in 2022
Military analysts say China has used the incursions to probe Taiwan's defenses, exhaust its ageing air force and voice displeasure over Western support for Taipei, especially the United States.TSMC begins making 3nm chips
TSMC operates the world's largest silicon wafer factories.Pandas stir up excitement in Qatar, month before start of World Cup
A gift from the Chinese government to mark the World Cup, crowds of children and reporters watched as the four-year-old male and three-year-old female took their first steps in the Al Khor park.Foxconn of Taiwan unveils more electric vehicle prototypes
The Taiwanese tech giant Foxconn has moved to diversify beyond electronics assembly and embraced the competitive but rapidly expanding EV business, unveiling three concept cars last year.TSMC Q3 revenue at US$19.4bn
The firm operates the world's largest silicon wafer factories.Apple to make iPhone 14 in India in shift away from China
The iPhone supply chain is based mainly in China but the country's zero-Covid policies and tensions with the United States have hurt production, analysts say. The California-based firm already makes older iPhone models in India via Taiwanese manufacturers such as Foxconn, which has a factory in the southern state of Tamil...US approves $1.1 billion in arms for Taiwan, angering China
The sale comes a month after House Speaker Nancy Pelosi defiantly visited the self-governing democracy, prompting mainland China to launch a show of force that could be a trial run for a future invasion. The package -- the largest for Taiwan approved under President Joe Biden's administration -- includes $665...Two US Navy warships transit through Taiwan Strait
The US Seventh Fleet said the pair of Ticonderoga-class guided-missile cruisers the USS Antietam and the USS Chancellorsville conducted the "routine" transit on Sunday "through waters where high seas freedoms of navigation and overflight apply in accordance with international law."US envoy expects China to ramp up coercion of Taiwan
The US in retaliation will begin formal trade talks with Taiwan by the autumn to show support for the democracy, despite not holding official ties with the government in Taipei. Taiwan has displayed its most advanced fighter jet in a rare demonstration in the wake of China's drills.US to boost Taiwan trade, conduct air, sea transits
A new trade plan will be unveiled within days, while US forces will transit the Taiwan Strait in the next few weeks, said Kurt Campbell, White House coordinator for Asia-Pacific issues and an adviser to President Joe Biden. The statement came after Beijing raged at last week's trip by US...GCC stocks rise amidst US-China tension
The performance of the Gulf stock exchanges varied this week, affected by several factors and events, most notably the tension that rose between the US and China.China drills reveal plans for Taiwan blockade: experts
The visit to Taiwan by US House Speaker Nancy Pelosi -- second in line to the presidency -- sparked outrage from Beijing, which launched vast military manoeuvres around the island, even at the risk of partially exposing its plans to the United States and its Asian allies. Mobilising fighter planes,...ASEAN ministers warn Taiwan tensions could spark ‘open conflicts’
A furious Beijing kicked off its biggest-ever exercises around Taiwan in response to US House Speaker Nancy Pelosi's visit this week to the self-ruled island. Ministers from the 10-member Association of Southeast Asian Nations (ASEAN) meeting in Phnom Penh warned against "provocative action".Oil prices tumble on demand worries as global stocks mostly rise
The drop in oil prices came despite a move by the OPEC+ oil cartel, led by Saudi Arabia and Russia, to undertake just a small increase in production. The OPEC+ decision to raise production by 100,000 barrels per day for September is likely to disappoint US President Joe Biden, who...US NSA terms China military drills near Taiwan ‘not responsible’
A top US official on Wednesday called China's military drills in response to US House Speaker Nancy Pelosi's visit to Taiwan irresponsible and warned of the danger of the situation spiraling out of control.China hits Taiwan with fresh trade curbs as Pelosi visits
The trip by Pelosi, who is second in line to the presidency and the highest-profile elected US official to visit Taiwan in 25 years, has ignited a diplomatic firestorm. She landed in Taiwan late Tuesday in the wake of increasingly stark warnings from China, which considers the island a part...China warns US will ‘pay the price’ if Pelosi visits Taiwan
China said Tuesday that the United States will "pay the price" if House Speaker Nancy Pelosi visits Taiwan during her Asia trip. Pelosi was in Malaysia on Tuesday, the second stop in a tour that has sparked rage in Beijing after reports of a potential Taipei visit.US seeks to douse hostility with China over Pelosi’s Taiwan trip
President Joe Biden's administration tried Friday to defuse heated Chinese warnings against a possible trip to Taiwan by US House Speaker Nancy Pelosi, as Beijing announced live-fire military drills in the Taiwan Strait.Biden, Xi stay split on Taiwan but agree for face-to-face summit
While this was Biden's fifth talk with Xi since becoming president a year and a half ago, it's getting hard to mask deepening mistrust between the two countries amid a trade war and tensions over Taiwan. The latest flashpoint is a possible trip by Biden ally Nancy Pelosi to the...Biden urges ‘guardrails’ against conflict in virtual Xi summit
Biden emphasized the need for settling a relationship rocked by high-stakes disputes, including on trade and Taiwan.Biden, Xi expected to hold virtual summit on Monday: US media
Relations between the world's two largest economies have deteriorated in recent weeks, in particular over Taiwan.President Xi Jinping warns of Cold War in Indo-Pacific region
Xi's call came hours after China and the United States announced a surprise pact to accelerate climate action at a summit in Glasgow.














































