archivetaiwan

* Taiwan dollar rises 1.6% for week * Taiwan central bank to hold rates in 2025 - economist * Bank of Thailand eyed to further ease rates By Rishav Chatterjee May 2 (Reuters) - The Taiwan dollar reached a seven-month peak on Friday after the country lifted its annual growth forecasts, while most Asian currencies rose as hopes of easing U.S.-Sino trade tensions helped risk sentiment across emerging markets. Taiwan's currency rose 2% to its highest since October 1, 2024 and is set to log a weekly gain of 1.6%....

When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit: Paul Morris/Bloomberg via Getty Images On Monday, TSMC announced plans to invest $100 billion in expanding its U.S. manufacturing capacity. The funds will go toward three additional fabs, two advanced packaging plants, and a major R&D facility. We spoke with the company to learn more about its plans and some additional details. The extra $100 billion investment adds to TSMC’s $65 billion commitment for its Fab 21 site near Phoenix, Arizona. This...