China warns US of 'all necessary measures' over Huawei rules

BEIJING (AP) — China’s commerce ministry says it will take “all necessary measures” in response to new U.S. restrictions on Chinese tech giant Huawei’s ability to use American technology, calling the ...

US adds new sanction on Chinese tech giant Huawei

BOSTON (AP) — The U.S. government has imposed new restrictions on Chinese tech giant Huawei’s ability to use American technology, stepping up a conflict with Beijing over industry developm...

Business Highlights

___ US retail sales plunged a record 16% in April as virus hit BALTIMORE (AP) — U.S. retail sales tumbled by a record 16.4% from March to April as business shutdown...

U.S. ramps up sanctions on Chinese tech giant Huawei

WASHINGTON (AP) — The U.S. government is imposing new restrictions on Chinese tech giant Huawei by limiting its ability to use American technology to build its semiconductors. The Co...

TSMC to build $12 billion chip factory in US

TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Company (TSMC) announced on Friday (May 15) that it will be building a semiconductor facility in Arizona with support from the state and...

The Latest: UN's Guterres: Virus near "human rights crisis”

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause m...

Asia Today: Jakarta extends restrictions ahead of Ramadan

BANGKOK (AP) — Social restrictions in Indonesia’s capital have been extended as Muslims in the world’s most populous Muslim nation prepare for a month of fasting. Jakarta Gov. Anies ...

Macy's, Kraft Heinz rise; Alcon, NXP Semiconductor fall

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: Exxon Mobil Corp., up 77 cents to $41.24 The energy giant its slashing its spending pl...

Foxconn offering university graduates starting pay of NT$45,000

Taiwan-based manufacturing giant Foxconn Technology Group has launched a recruitment drive, offering a monthly salary of no less than NT$45,000 (US$1,485) to university graduates. For those with a ...

TSMC toughens disease control amid mounting coronavirus threat

TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Company (TSMC) became the only company to join a tech meeting via conference call on Friday (March 5) as the world’s largest semic...

The US is increasingly concerned about risks to TSMC’s supply chain

In recent months, the Pentagon has increased pressure on Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) to move its defense-related semiconductor production from Taiwan to the U.S. The latter ...

Taiwan exports down over 7% year-on-year in January due to holiday

Taiwan's exports fell more than 7 percent from a year earlier in January, stopping a two-month rising streak, as the country's outbound sales were affected by a reduced number of working days ...

Stocks open lower on Wall Street following drops overseas

Stocks are opening moderately lower on Wall Street, following declines overseas, as more worries about the spread of a virus outbreak in China and some weak earnings results put investors in a mood to...

Asian markets tumble as fears over virus outbreak spread

Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened. Taiwan's benchmark dived 5.8% as its market reopened after the Lunar New Year. ...

Samsung predicts earnings improvement after sluggish 2019

SEOUL, South Korea (AP) — Samsung Electronics Co. said Thursday its operating profit for the last quarter fell 33.7% from a year earlier but it predicted earnings will improve in 2020, driven by a gra...