Latest Articles

Hon Hai technology unveils two new electric vehicles

The newly unveiled models, designed to cater to diverse consumer preferences, are expected to enhance Hon Hai’s portfolio in the automotive sector. With a focus on advanced technology and user-friendly features, the vehicles aim to provide a seamless driving experience while prioritizing environmental sustainability. The company emphasized its commitment to integrating cutting-edge technology, such as smart connectivity and efficient battery systems, to meet the expectations of modern consumers.

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TSMC drives Taiwan stocks upward, closing 165 points higher

The rise in TSMC’s stock was a key factor in the overall market performance, reflecting renewed investor confidence in the technology sector. As one of the largest semiconductor manufacturers globally, TSMC plays a crucial role in the Taiwanese economy, and its stock movements often have a ripple effect across the market. Analysts noted that the company's robust earnings reports and optimistic forecasts contributed to the positive momentum, attracting both local and foreign investors.

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Taiwan stocks drop nearly 600 points, yet still lead Asian markets

Despite the day’s losses, the FSC remains optimistic about Taiwan's overall market performance for the year. The 27.28% increase underscores the resilience of the Taiwanese economy, which has benefitted from robust exports, particularly in the semiconductor industry. As the global demand for technology and electronics continues to rise, Taiwan has positioned itself as a critical player in the supply chain.

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Strengthening ringgit fuels currency diversification in Malaysia

Several factors contribute to the ringgit's robust performance. A significant interest rate cut by the US Federal Reserve, combined with an influx of foreign investments and overall confidence in Malaysia's economic and political stability, has bolstered the currency. Year-to-date, the ringgit has appreciated over 11% against the US dollar, positioning it as Asia's top-performing currency.