Asian chip stocks fall after Nvidia sell-off on Wall Street overnight

Asian chip stocks fall after Nvidia sell-off on Wall Street overnight

People walk past the logo of Samsung Electronics in Seoul on July 7, 2022. South Korea’s Samsung Electronics Co Ltd turned in its best April-June profit since 2018 on Thursday, underpinned by strong sales of memory chips to server customers even as demand from inflation-hit smartphone makers cools. Jung Yeon-je | Afp | Getty Images … Read more

China’s ‘growing authoritarianism’ does not stop with Taiwan, says Taiwan President

China’s ‘growing authoritarianism’ does not stop with Taiwan, says Taiwan President

Lai Ching-te, president of Taiwan, on Saturday, Jan. 13, 2024.  Bloomberg | Bloomberg | Getty Images Taiwan’s President Lai Ching-te has cautioned that China’s “growing authoritarianism” will not stop with the island, and that it poses a challenge at the “global level.” Lai was speaking at the annual Ketagalan Forum, a dialogue focusing on security … Read more

A global stock rout is deepening with investors fleeing to safe havens

A global stock rout is deepening with investors fleeing to safe havens

A man looks at an electronic boarddisplaying stock prices of the Nikkei 225 listed on the Tokyo Stock Exchange in Tokyo on April 30, 2024.  Kazuhiro Nogi | Afp | Getty Images Investors on Monday turned to safe-haven assets as a global stock sell-off deepened, following weaker-than-expected U.S. jobs data at the end of last … Read more

Taiwan under pressure to bolster defense amid Trump-Harris election race

Taiwan under pressure to bolster defense amid Trump-Harris election race

Taiwan President Lai Ching-te claps while he visits a military camp in Taoyuan, Taiwan May 23, 2024.  Ann Wang | Reuters Taiwan is under growing pressure to build up its defense capabilities and deterrence against China in the face of uncertainty surrounding the U.S. elections slated for November, according to security and policy analysts.  Taiwan’s … Read more

Why has China lodged a complaint with Canada over a warship? – National

Why has China lodged a complaint with Canada over a warship? – National

Descrease article font size Increase article font size China has lodged complaints with Canada through military and diplomatic channels after a Canadian warship sailed through the Taiwan Strait, the Chinese defence ministry said on Friday. The act “caused disturbance and stirred up trouble,” the ministry said in a statement. “We warn Canada that it should … Read more

DeepL AI translation firm launches traditional Chinese language

DeepL AI translation firm launches traditional Chinese language

DeepL CEO Jaroslaw “Jarek” Kutylowski. DeepL German artificial intelligence translation startup DeepL on Wednesday launched traditional Chinese as a language option as it looks to expand its presence in Asia. DeepL, one of Europe’s high-profile AI companies valued at $2 billion, sells translation software aimed at businesses rather than everyday consumers. Traditional Chinese is a … Read more

Dow drops, Netflix beats estimates, Nvidia rebounds

Dow drops, Netflix beats estimates, Nvidia rebounds

Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Dow drops, Netflix beats, Nvidia rebounds

Dow drops, Netflix beats estimates, Nvidia rebounds

Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Nvidia rebounds after TSMC says AI chip demand remains strong

Nvidia rebounds after TSMC says AI chip demand remains strong

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024. Justin Sullivan | Getty Images Nvidia shares rose about 3% during trading on Thursday, rebounding one day after the stock plunged 7% on geopolitical concerns sparked by comments from U.S. … Read more

Trump says Taiwan should pay the U.S. for defense; shares of TSMC fall

Trump says Taiwan should pay the U.S. for defense; shares of TSMC fall

Former U.S. President Donald Trump speaks during a campaign rally at the Butler Farm Show in Butler, Pennsylvania, on July 13, 2024. Brendan Mcdermid | Reuters Former U.S. President Donald Trump, who is vying for another White House mandate, said he thinks Taiwan should pay the U.S. for defense, claiming that the country “doesn’t give … Read more