Business Highlights

___ US housing construction jumps 16.9% in December WASHINGTON (AP) — Construction of new homes surged in December to the highest level in 13 years, capping a year ...

ASE unit to acquire 2nd-largest EMS supplier in Europe

ASE Technology Holding Co., the world's largest integrated circuit (IC) packaging and testing services provider, has agreed to acquire through a subsidiary the France-based Asteelflash Group, the ...

Beijing orders removal of foreign computer equipment from government offices

TAIPEI (Taiwan News) — Government offices and public institutions in China have been ordered to replace foreign computers and software within three years, Financial Times reported on Monday (Dec...

Taiwan's MediaTek sales to grow 20% in 2020 on 5G chips: U.S. brokerage

MediaTek Inc., the largest integrated circuit designer in Taiwan, will see 20 percent sales growth in 2020 on the back of new 5G chips, a U.S. brokerage forecast Wednesday. In a research note, the ...

Taiwan's TSMC set to rank as world's No. 3 chip supplier

Contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to rank as the world's third largest integrated circuit supplier in 2019, while MediaTek Inc., a Taiwanese IC designer,...

Markets Right Now: Stocks open higher on Wall Street

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening broadly higher on Wall Street as hopes continued to ...

Uncertainty over US-China trade talks pushes stocks lower

NEW YORK (AP) — Stocks slipped in early trading on Monday on Wall Street as investors weigh mixed signals about the status of U.S. trade talks with China. Late last week, Chinese off...

Qualcomm, SeaWorld rise; Expedia, Party City fall

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Qualcomm Inc., up $5.35 to $89.98 The chipmaker's fiscal fourth-quarter profit and re...

Trade hopes push US stock indexes toward more record highs

NEW YORK (AP) — Stocks rose broadly in early trading on Wall Street Thursday, pushing major indexes toward another set of records, after China said it agreed with the U.S. on a gradual pullback on tar...

Markets Right Now: Trade hopes push US stocks higher

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening broadly higher on Wall Street as traders applauded s...

US woos Asia with plan to rival China’s ‘Belt and Road’

Commerce Secretary Wilbur Ross said Tuesday the U.S. will invest and trade more in Asia as it rolls out an American plan to support "sustainable" projects in Asia as a counterpoint to China&...

Markets Right Now: US stock indexes rise in early trading

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are rising broadly in early trading on Wall Street as traders ho...

Taiwan's Acer ranks No. 5 PC vendor, Asustek No. 6 worldwide in Q3: Gartner

Acer Inc. and Asustek Computer Inc. retained their titles as the fifth- and sixth-largest global PC suppliers, respectively, in the third quarter of this year, according to global market information a...

USITC launches probe into patent infringement targeting Taiwan's TSMC

The U.S. International Trade Commission (USITC) has decided to launch an investigation into allegations of patent infringement involving Taiwan-based Taiwan Semiconductor Manufacturing Co. (TSMC), the...

Apple takes on Netflix with a $5-a-month streaming service

CUPERTINO, Calif. (AP) — Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a bargain price — $5 a month beginning o...