Battle for Xinyi District heats up over the Taipei Dome! Taipei 101’s anniversary sales bucked the trend, growing by 3 tenths; chairwoman Grace Chia fired back: “Bring it on.”
Published ・ Source Taiwan | 風傳媒
Taipei 101 faces competition from Garden City at the Taipei Dome, and chairwoman Jia Yongjie responded, “Bring it on.” Anniversary sale presales were up 30% year on year, and the company is seeking to stand out with experiential events.
Nanshan invests 4 billion to build an ultra-comfortable seaside training center, vows not to cut down a single tree and turns marine debris into an art wall
Published ・ Source Taiwan | 風傳媒
Nanshan Life invested 4 billion to build the Shalun Cultural and Creative Park, combining seaside training facilities with marine conservation to demonstrate a dual commitment to talent development and sustainable growth, while enhancing its corporate image and competitiveness.
Taking on Nvidia? Bloomberg: DeepSeek plans to acquire 160,000 Huawei “Ascend 950DT” chips to train AI models
Published ・ Source Taiwan | 風傳媒
Chinese AI startup DeepSeek plans to deploy more than 160,000 Huawei “Ascend 950DT” chips at a data center in Inner Mongolia. The move is a symbolic step toward ending reliance on NVIDIA and achieving Chinese semiconductor self-sufficiency.
Taiwan index futures plunge in overnight trading and turn negative! U.S. August nonfarm payrolls far exceed expectations, sending stock index futures, Treasuries and gold tumbling
Published ・ Source Taiwan | 風傳媒
US nonfarm payrolls rose by 162,000 in August, far exceeding expectations and raising expectations of Fed rate hikes. Stock futures and gold plunged, while Taiwan index futures also fell sharply.
High-dividend ETFs “unfairly dumped”? Expert reveals top performer’s return surging to 70%, even as beneficiary numbers plunge by 115,000
Published ・ Source Taiwan | 風傳媒
A high-dividend ETF posted a 70% return, but its number of beneficiaries fell by 115,000. Some observers say market anxiety has prompted irrational selling, highlighting the gap between investment behavior and performance.
Huang Kuo-chang alleges “disgusting collusion between business and government”; Chang Ching-sen seeks 3 million in damages, court reveals why it ruled no compensation was owed
Published ・ Source Taiwan | 風傳媒
During the 2024 legislative election campaign, Taiwan People’s Party Chair Huang Kuo-chang accused Chang Ching-sen of colluding with 聯合再生能源, prompting a 3 million damages lawsuit. The court ruled that Huang did not have to pay, finding his remarks concerned a matter of public interest and that he had fulfilled his duty to verify the facts.
Shein shares fall below their offering price just 3 days after listing? Slowing consumer spending worries investors, with one analyst calling it “a disaster”
Published ・ Source Taiwan | 風傳媒
Chinese fast-fashion giant Shein’s shares fell below their IPO price 3 days after its Hong Kong listing. Slowing consumption and supply-chain concerns are contributing to market uncertainty.
Companies mentioned:Natixis、Goldman Sachs、BNP Paribas、Hang Seng Indexes Company、Hong Kong Stock Exchange
Major city projects take center stage at general questioning; Hou You-yi says Four Rings and Eight Lines, all-age care and the New Taipei Dome are being advanced in full
Published ・ Source Taiwan | 風傳媒
New Taipei City Mayor Hou You-yi outlined the “Four Rings and Eight Lines” rail project, progress on the New Taipei Dome and all-age care policies during a general questioning session at the city council. He stressed that infrastructure and residents’ welfare are advancing in tandem, with strategic significance for the development of northern Taiwan.
Breaking the curse of short-lived Italian cabinets! Meloni sets record with 1413 days in office, reveals plans for next year’s election
Published ・ Source Taiwan | 風傳媒
The government led by Italian Prime Minister Giorgia Meloni became the longest-serving cabinet in the country’s history at 1413 days, underscoring the importance of stability. She announced she would run again in next year’s general election, making a case for political continuity.
Yen surges as Bank of Japan rate-hike storm looms: Will Asian currencies face a chain reaction? Foreign exchange chief weighs in
Published ・ Source Taiwan | 風傳媒
The yen has strengthened recently, prompting markets to watch for spillover effects on Asian currencies from a Bank of Japan rate hike. Foreign Exchange Bureau Director Tsai Jiong-min said the yen’s role as a funding currency for carry trades means its volatility can have spillover effects, but each country’s monetary policy remains guided primarily by its own economic fundamentals.
Lee Chuan-chuan pitches 2 major projects in Sanchong! Proposes “Dahan River MRT longitudinal line” and vows to bring Dadaocheng fireworks across the river
Published ・ Source Taiwan | 風傳媒
New Taipei mayoral candidate Lee Chuan-chuan presented his proposals for the “Dahan River MRT longitudinal line” and the “Luzhou-Shezi Bridge” at a charity event in Sanchong, and called for extending the Dadaocheng Fireworks Festival to the Sanchong riverbank to strengthen local connections and promote tourism.