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AP Business SummaryBrief at 2:57 p.m. EDT

Powell signals Fed may cut rates soon even as inflation risks remain JACKSON HOLE, Wyo. (AP) — Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on...

Nvidia is in talks with Trump administration about new chip for China, company’s CEO says

Nvidia is in talks with Trump administration about new chip for China, company’s CEO says

BANGKOK (AP) — Nvidia CEO Jensen Huang said Friday that the company is discussing a potential new computer chip designed for China with the Trump administration. Huang was asked about a possible “B30A” semiconductor for artificial intelligence...

Taiwan's Lai sets defence spending target at 5% of GDP

Taiwan's Lai sets defence spending target at 5% of GDP

Taiwan’s President William Lai Ching-te. File | Photo Credit: AP Taiwan's government aims to increase defence spending to 5% of GDP by 2030, President Lai Ching-te said on Friday (August 22, 2025), as the United States pushes Taipei to invest more...

Taiwan Semiconductor Wins Praise From Jensen Huang As It Finalizes Six New Nvidia Processors

Taiwan Semiconductor Wins Praise From Jensen Huang As It Finalizes Six New Nvidia Processors

Taiwan Semiconductor Manufacturing Co. TSM has significantly outperformed the broader market this year, with a 16% year-to-date gain, comfortably surpassing the Nasdaq Composite’s 10% return. This strong performance is underpinned by the company’s...

Taiwan Jobless Rate Falls To 3.33%

Taiwan Jobless Rate Falls To 3.33%

The unemployment rate in Taiwan dropped slightly in July, the Directorate General of Budget Accounting and Statistics reported Friday. The seasonally adjusted unemployment rate came in at 3.33 percent in July versus 3.34 percent in June. In the...

Economics Minister Kuo Jyh-huei resigns citing health

Economics Minister Kuo Jyh-huei resigns citing health

Taipei, Aug. 22 (CNA) Premier Cho Jung-tai (卓榮泰) has approved the resignation of Minister of Economic Affairs Kuo Jyh-huei (郭智輝), Cabinet spokesperson Michelle Lee (李慧芝) said Friday. Cho thanked Kuo for shaping forward-looking policies for...

Taiwan economy minister resigns before expected cabinet reshuffle

Taiwan economy minister resigns before expected cabinet reshuffle

“Regarding the criticism and feedback I have received from various sectors during this period, whether directed at policies or at me personally, I sincerely appreciate it and humbly accept it,” he said. There was no immediate word from the cabinet...

Nasdaq listed BTC treasury company AsiaStrategy now sells luxury watches in Bitcoin

Nasdaq listed BTC treasury company AsiaStrategy now sells luxury watches in Bitcoin

Top Win International changed its corporate name to AsiaStrategy on Aug. 22 in Hong Kong, kept its Nasdaq ticker SORA, and began accepting Bitcoin for watch sales, the company said. The move follows a months-long restructuring that brought Sora...

Cadeler Signs Firm Contract with Synera Renewable Energy for Turbine Installation at Taiwan Offshore Wind Farm

Cadeler Signs Firm Contract with Synera Renewable Energy for Turbine Installation at Taiwan Offshore Wind Farm

Aug 22, 2025 © Cadeler Cadeler announced that it has signed a firm contract with Synera Renewable Energy (SRE) for the transportation and installation (T&I) of 35 Siemens Gamesa 14MW wind turbines at the Formosa 4 Offshore Wind Farm in Taiwan. The...

AP Business SummaryBrief at 2:04 p.m. EDT

Powell signals Fed may cut rates soon even as inflation risks remain JACKSON HOLE, Wyo. (AP) — Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on...

Taiwan economy minister resigns ahead of expected cabinet reshuffle

Taiwan economy minister resigns ahead of expected cabinet reshuffle

TAIPEI (Reuters) -Taiwan’s economy minister said on Friday he had resigned for health reasons, ahead of a widely expected cabinet reshuffle as the government faces domestic challenges including trying to work with an opposition-dominated...

Taiwan will vote on restarting a nuclear reactor as power demand surges from AI

Taiwan will vote on restarting a nuclear reactor as power demand surges from AI

Taiwan will head to the polls this weekend to decide whether to restart nuclear power, only 3 months after it shut down the last reactor. The referendum reflects growing unease over how the island can secure enough electricity to support its...

Tech giant Google praises Taiwanese team’s contributions to Pixel 10 lineup

Tech giant Google praises Taiwanese team’s contributions to Pixel 10 lineup

US-based tech giant Google on Thursday said it would continue to invest in Taiwan, as it praised the contributions of its Taiwanese team to the latest Pixel 10 smartphone lineup. Google’s research and development (R&D) team in Taiwan already has...

Taiwan Air Force officer gets 7 years for leaking documents to China

Taiwan Air Force officer gets 7 years for leaking documents to China

Taipei, Aug. 22 (CNA) A Taiwanese Air Force officer was sentenced to more than seven years in prison Thursday for leaking military documents to China in exchange for money, in a case linked to a retired major already convicted under the National...

Delta predicts steady business from automation

Delta predicts steady business from automation

Delta Electronics Inc (台達電) expects its US automation business to remain steady in the second half, with no signs of weakening client demand. With demand from US clients remaining solid, its performance in the second half is expected to be similar...

Business : WITEX And WCAF 2025 Strengthen Regional Cooperation, ASEAN's Halal Economy

Business : WITEX And WCAF 2025 Strengthen Regional Cooperation, ASEAN's Halal Economy

PETALING JAYA, Aug 22 (Bernama) -- The World Islamic Tourism and Trade Expo (WITEX) and World Cultural and Arts Festival (WCAF) 2025 present significant opportunities to strengthen cooperation and boost the halal economy, Islamic tourism and...

Building an economy beyond chips

Building an economy beyond chips

Taiwan’s economic story is one of extraordinary success — built on silicon, precision and trust. Over four decades, this small nation has become the beating heart of the global semiconductor industry, supplying advanced chips worldwide. Yet as...

Medical equipment sector dampened by political uncertainty, say businesses  

Medical equipment sector dampened by political uncertainty, say businesses  

Highlights Bangla Med Expo 2025 features innovations from 120 medical, healthcare companies New medical tech on display includes an all-in-one blood testing machine and an automatic CPR device Bangladesh's medical equipment market was $442m in...

Donovan’s Deep Dives: Contrasting visions of the Taiwan People’s Party

Donovan’s Deep Dives: Contrasting visions of the Taiwan People’s Party

The TTP under current chairman Huang Kuo-chang brings the party much closer to the KMT, which the previous chairman, Ko Wen-je kept at arms length In the next few months tough decisions will need to be made by the Taiwan People’s Party (TPP) and...

Pioneering the Next Wave of Bioscience Innovations & Opportunities: Trends & Dynamics of BIO Asia-Taiwan 2025

Pioneering the Next Wave of Bioscience Innovations & Opportunities: Trends & Dynamics of BIO Asia-Taiwan 2025

Pioneering the Next Wave of Bioscience Innovations & Opportunities: Trends & Dynamics of BIO Asia-Taiwan 2025 August 22, 2025 | Friday | News | By Hithaishi C Bhaskar Taiwan's pivotal role in global healthcare and biotechnology, fostering...

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