Asia Top News and Analysis Taiwan

  • *Taiwan, India lead regional outflows. Aug 7- Foreign investors dumped Asian equities in the first six days of August after two months of buying, as the United States ramped up pressure on China with a $300 billion trade barrage last week. Overseas investors sold about $4.5 billion of regional equities during the period, data from stock exchanges in South Korea,...

  • *India's rupee drops ahead of expected rate cut. Global investors are on edge over whether a sudden slide in the yuan to 11- year lows will turn into the next front in the deepening U.S.- China trade war, engulfing other currencies. China let the yuan break through the key 7 per dollar level on Monday amid growing U.S. tariff pressure, jolting international markets.

  • Aug 6- Sprint Corp said on Tuesday it would launch a 5 G smartphone made by OnePlus, becoming the second U.S. wireless carrier after T-Mobile to offer a cellphone made by the Chinese company. Sprint, whose 5 G service is priced at $80 per month, is already offering 5 G smartphones from Taiwan's HTC and South Korean mobile makers, Samsung Electronics Co Ltd and LG...

  • HONG KONG, Aug 6- Huawei Technologies said it was seeking compensation from its contract manufacturer Flex Ltd for illegally withholding some 400 million yuan worth of its goods in the wake of a U.S. trade ban on the Chinese firm. In the letter, Huawei says Flex's Chinese unit "disregarded Chinese law" by refusing to return production equipment, raw materials and...

  • WASHINGTON, Aug 5- Formally declaring China a currency manipulator may scratch a long-term itch for U.S. The move marks the first manipulator designation since 1994, when China was declared a manipulator. The main purpose of such designations under a 1988 U.S. currency law was to force negotiations with the offending country over their foreign exchange...

  • LONDON, Aug 5- If you believe that "Doctor Copper" is a sensitive gauge of the health of the global economy, then you should be worried. London Metal Exchange copper fell through the year's low of $5,725 per tonne on Friday and hit a 26- month low of $5,640 early on Monday. The trigger for the slump was the latest escalation of the trade stand-off between the United...

  • WASHINGTON/ SHANGHAI, Aug 5- A yearlong U.S.- China trade war boiled over on Monday as Washington accused Beijing of manipulating its currency after China let the yuan drop to its lowest point in more than a decade. The U.S. Treasury Department announced late on Monday that it had determined for the first time since 1994 that China was manipulating its currency,...

  • WASHINGTON/ SHANGHAI, Aug 5- A yearlong U.S.- China trade war boiled over on Monday as Washington accused Beijing of manipulating its currency after China let the yuan drop to its lowest point in more than a decade. The U.S. Treasury Department announced late on Monday that it had determined for the first time since 1994 that China was manipulating its currency,...

  • WASHINGTON, Aug 5- The U.S. government has determined that China is manipulating its currency and will engage with the International Monetary Fund to eliminate unfair competition from Beijing, U.S. President Donald Trump's promise to label China a currency manipulator for the first time since 1994.. The U.S. action follows China allowing its yuan to weaken...

  • WASHINGTON, Aug 5- The U.S. government has determined that China is manipulating its currency, and will engage with the International Monetary Fund to eliminate unfair competition from Beijing, U.S. China let the yuan weaken past the key 7- per-dollar level on Monday for the first time in more than a decade and later said it would stop buying U.S. agricultural...

  • LONDON, Aug 5- If you believe that "Doctor Copper" is a sensitive gauge of the health of the global economy, then you should be worried. London Metal Exchange copper fell through the year's low of $5,725 per tonne on Friday and hit a 26- month low of $5,640 early on Monday. The trigger for the slump was the latest escalation of the trade stand-off between the United...

  • Be selective in trade-sensitive markets, says Robeco

    Joshua Crabb of Robeco says investors may be "throwing out ... the baby with the bathwater" in trade-exposed markets such as Taiwan and South Korea.

  • Def Sec says China undermining Indo-Pacific. SYDNEY, Aug 4- China is destabilising the Indo-Pacific, U.S. China's increasing assertiveness, especially in the energy-rich South China Sea, has raised concerns within the region and the United States is challenging Chinese maritime hegemony and seeking stronger ties with nations pushing back against Beijing.

  • Def Sec says China undermining Indo-Pacific. SYDNEY, Aug 4- China is destabilizing the Indo-Pacific, U.S. China's increasing assertiveness, especially in the energy-rich South China Sea, has raised concerns within the region and the United States is challenging Chinese maritime hegemony and seeking stronger ties with nations pushing back against Beijing.

  • Def Sec says China undermining Indo-Pacific. SYDNEY, Aug 4- The United States says China is destabilizing the Indo-Pacific, U.S. China's increasing assertiveness, especially in the energy-rich South China Sea, has raised concerns within the region and the United States is challenging Chinese maritime hegemony and seeking stronger ties with nations pushing...

  • Def Sec says China undermining Indo-Pacific. SYDNEY, Aug 4- The United States says China is destabilising the Indo-Pacific, U.S. China's increasing assertiveness, especially in the energy-rich South China Sea, has raised concerns within the region and the United States is challenging Chinese maritime hegemony and seeking stronger ties with nations pushing...

  • BEIJING, Aug 1- China and the United States have different values but both share common interests, senior diplomat Wang Yi said on Thursday, following a meeting with U.S. Wang urged the United States to deal with issues related to self-ruled Taiwan, which China regards as a wayward province, with caution. He also urged caution on matters related to the busy South...

  • LONDON, Aug 1- Core euro zone bond yields inched up from all-time lows on Thursday after U.S. Federal Reserve Chairman Jerome Powell tempered bets on more rate cuts after the central bank's first cut in more than a decade. Mizuho rates strategist Peter McCallum noted that despite Powell's reference to "mid-cycle adjustment," the United States' vast corporate debt...

  • Mark Mobius, co-founder of Mobius Capital Partners.

    U.S. markets have climbed higher partly because of President Donald Trump's policies, says prominent investor Mark Mobius.

  • Japan is now requiring special approval for sales of three high-tech materials, including two that are critical for chipmaking, to South Korea amid a deepening diplomatic dispute over compensation for forced labour during World War II. South Korea- bound exports of the materials, including hydrogen fluoride gas and chemicals known as photoresists, now...