The United States led a coalition of G20 nations, including EU members, to sign a joint statement addressing global overcapacity issues. The multilateral initiative targets the impact of China's industrial overcapacity on global markets. The coordinated action reflects major economies' shared concerns about market imbalances and seeks solutions through collective diplomatic efforts.
GlobalFoundries announced on October 8 a $2 billion agreement with Taiwan Semiconductor Manufacturing Company to produce critical components for CoWoS (Chip-on-Wafer-on-Substrate) packaging technology. The agreement aims to support TSMC's advanced packaging requirements and strengthen the collaboration between the two semiconductor industry leaders.
US stock markets showed mixed performance on Thursday as Middle East tensions and hurricane-related oil production cuts drove crude prices higher, raising inflation and rate hike concerns. The Dow Jones Industrial Average gained 0.1%, while the S&P 500 fell 0.47%. Technology stocks weakened significantly, with the Philadelphia Semiconductor Index dropping 3.39% and Taiwan Semiconductor Manufacturing Company ADRs declining 3%.
US President Trump stated the US will not attack Iran before November midterm elections and indicated productive discussions are underway, causing oil prices to retreat from intraday highs. However, shipping risks remain elevated due to tanker attacks off Qatar, Iran's threats to block additional shipping lanes, and Yemen's Houthi movement claiming attacks on Saudi airports. Brent crude futures closed up 4.1% at $104.28 per barrel on Thursday.
France faces mounting pressure from ongoing student protests and bond market selloffs, creating dual political and economic challenges. The ECB president warns that geopolitical impacts are transforming into financial risks, escalating pressure across the eurozone. The combination of political instability and market volatility poses significant threats to European financial stability.
The United States led a coalition of G20 nations, including EU members, to sign a joint statement addressing global overcapacity issues. The multilateral initiative targets the impact of China's industrial overcapacity on global markets. The coordinated action reflects major economies' shared concerns about market imbalances and seeks solutions through collective diplomatic efforts.
Former President Tsai Ing-wen delivered a speech at Stanford University, marking her first visit to the United States since leaving office. She highlighted Taiwan's central position in the first island chain and its crucial role in global technology industries. Tsai emphasized that democratic nations are rebuilding manufacturing capabilities, which cannot be accomplished by any single country alone. She called for democratic partners to combine their respective strengths to establish secure industrial and technological capabilities.
Taiwan's Executive Yuan approved a plan to distribute 10,000 TWD per capita to all citizens as part of AI dividend sharing. Deputy Finance Minister Juan Ching-hua stated that if the central government budget passes third reading by January 5 and is announced by the president by January 20, pre-registration can open immediately. The first batch of payments is expected to be deposited on January 26, allowing citizens to receive the funds before Lunar New Year. Eligibility criteria follow previous distribution regulations.
A man who killed his wife and sister-in-law was denied capital punishment by Taipei District Court, which ruled that killing two people does not meet the "multiple persons" threshold established in Constitutional Court Judgment No. 8 of 2024, requiring at least three victims. The Taipei District Prosecutors Office appealed, arguing that "multiple persons" does not exclude two victims. Legal experts support clarifying this definition through appellate procedures.
A man surnamed Hsieh was sentenced to life imprisonment by Taipei District Court in August for killing his wife and sister-in-law in Tucheng. The prosecution appealed the verdict, arguing the court's interpretation of "multiple victims" in a constitutional ruling was too narrow. The prosecution contends that two victims should qualify, and has raised four key issues for appellate review.
The executive of a real estate company conspired with a lawyer and public notary to forge wills for elderly homeowners, fraudulently transferring 11 properties worth 140 million NT dollars over three years. The High Court upheld the conviction and increased the sentence from 14 years to 20 years, while dismissing the co-defendant's appeal.
Taipei Mayor Chiang Wan-an reversed his previous stance and announced plans to relocate Songshan Airport. The original site and surrounding 300 hectares will be developed into Taipei AI Park with residential areas and parks, responding to Nvidia's establishment in Beitou-Shilin Technology Park and AI industry growth. Opposition candidate Chen Po-yang questioned the timing of the proposal seven weeks before the election.
US President Trump stated the US will not attack Iran before November midterm elections and indicated productive discussions are underway, causing oil prices to retreat from intraday highs. However, shipping risks remain elevated due to tanker attacks off Qatar, Iran's threats to block additional shipping lanes, and Yemen's Houthi movement claiming attacks on Saudi airports. Brent crude futures closed up 4.1% at $104.28 per barrel on Thursday.
US President Donald Trump stated today that the United States is engaged in productive discussions with Iran. Earlier reports suggested potential new military action against Iran before the November 3 midterm elections. Trump clarified that no new military operations are planned before the elections. The statement addresses public concerns about escalating US-Iran tensions.
Yemen's Houthi movement claimed responsibility for an attack on Riyadh airport in Saudi Arabia. Following the incident, Lufthansa Group and three Indian airlines announced suspension of flights to Riyadh. The U.S. State Department has urged American citizens in Saudi Arabia to remain vigilant. The attack highlights ongoing security concerns in the Middle East region.
GlobalFoundries announced on October 8 a $2 billion agreement with Taiwan Semiconductor Manufacturing Company to produce critical components for CoWoS (Chip-on-Wafer-on-Substrate) packaging technology. The agreement aims to support TSMC's advanced packaging requirements and strengthen the collaboration between the two semiconductor industry leaders.
US stock markets showed mixed performance on Thursday as Middle East tensions and hurricane-related oil production cuts drove crude prices higher, raising inflation and rate hike concerns. The Dow Jones Industrial Average gained 0.1%, while the S&P 500 fell 0.47%. Technology stocks weakened significantly, with the Philadelphia Semiconductor Index dropping 3.39% and Taiwan Semiconductor Manufacturing Company ADRs declining 3%.
International oil prices rose approximately 4% today, driven by two primary factors: renewed market concerns over geopolitical risks in the Middle East and an approaching hurricane threatening the US Gulf Coast region, which could disrupt oil production and transportation. These combined geopolitical and weather-related factors pushed global energy prices higher.
International oil prices jumped over 5% on the 8th amid escalating Middle East tensions. The U.S. reportedly plans to resume attacks on Iran before the November midterm elections, while ongoing conflicts between Yemen's Houthi movement and Saudi Arabia heighten geopolitical risks. Additionally, a tropical storm approaching the U.S. Gulf of Mexico threatens production cuts by local oil and gas operators, raising supply and transportation concerns that collectively drive up oil prices.
Federal Reserve September meeting minutes show officials unanimously support rate hikes, with most believing another increase should occur before year-end. However, employment growth has disappointed, and key officials see no necessity for this month's hike, with several suggesting December remains an option. Market estimates put October meeting rate hike probability at approximately 20%.
France faces mounting pressure from ongoing student protests and bond market selloffs, creating dual political and economic challenges. The ECB president warns that geopolitical impacts are transforming into financial risks, escalating pressure across the eurozone. The combination of political instability and market volatility poses significant threats to European financial stability.
US mortgage rates have climbed for seven consecutive weeks, reaching their highest level in nearly three years. UK real estate agents report that potential homebuyers are withdrawing from the market due to concerns about central bank rate increases, dampening purchase intentions.
Japanese Prime Minister Takayama Sanae announced on the 8th that Japan's economy has exited deflation and no longer requires reflation policies, ending the use of loose monetary policy and expansionary fiscal measures to stimulate growth. On the same day, the Bank of Japan upgraded regional economic assessments for the first time since early last year, strengthening the case for interest rate hikes.
Samsung Electronics reported operating profit surged nearly eightfold year-over-year last quarter, hitting a record high. However, revenue fell short of market expectations, causing the stock to decline and affecting Japanese suppliers like Tokyo Electron and Advantest. Analysts suggest investors worry about the sustainability of AI-driven investments funded by debt, particularly as global borrowing costs rise.
Fast Retailing, the parent company of Japanese retailer Uniqlo, reported year-over-year sales growth of 16.6% to 3.96 trillion yen (25 billion USD), driven by strong global product demand. The company is on track to surpass Swedish competitor H&M, currently the world's second-largest apparel retailer, with Spain's Inditex (Zara's parent) holding the top position.
President Trump will announce on Thursday a $2.4 billion commitment from Silicon Valley tech companies to support scientific research, advancing the government's Genesis mission. The initiative leverages AI to promote research across over 15 federal agencies. Nvidia leads with $1 billion, followed by AMD's $500 million, OpenAI's $200 million, and Anthropic and Google each contributing $150 million.
A research team at Kaohsiung Science and Technology University, funded by Taiwan's Ocean Affairs Council, has developed a method to recycle discarded fishing nets into high-strength structural fiber through physical embossing technology. When mixed into green concrete, this material replaces traditional steel mesh, offering rust resistance and extending coastal slope protection lifespan to over 12 years while reducing costs.
OpenAI launched its GPT-5.6 series with aggressive pricing in summer, narrowing the enterprise spending gap with Anthropic. While Anthropic's Claude Code gained popularity in spring, rising AI adoption costs have led enterprises to realize many tasks don't require cutting-edge models. As both companies pursue IPO plans, cost efficiency and data privacy emerge as key factors in enterprise AI service selection.
Apple's new CEO John Ternus faces early challenges as iPhone 18 Pro demand weakens in the US, while iPhone Duo production faces delays. However, August global iPhone sales grew 7% year-over-year, marking 18 consecutive months of growth, with revenue up 13% driven by 6% average price increases. Analysts note strong iPhone 17 sales and robust demand in China and India, maintaining Apple's outperform rating.
Google Cloud announced the launch of Gemini Agent at the Gemini at Work conference, offering enterprise customers the ability to select appropriate AI models for their needs. The service includes built-in cost control mechanisms to help organizations manage expenses when deploying generative AI applications, strengthening Google's competitive position in the enterprise AI market.
The U.S. Federal Communications Commission is preparing to expand available spectrum for satellite-to-phone services. The FCC will vote on a proposal to auction 25MHz of spectrum and seek public comment on opening an additional 482MHz. Following approval of SpaceX's 15,000 Starlink satellites for direct-to-phone service, the new proposal could further strengthen competition between SpaceX, Amazon, and terrestrial telecom providers.
AI company Anthropic purchased a large quantity of books from Japanese distributor Nippon Shuppan Hanbai to train its AI models, triggering strong objections from Japanese publishers. While potentially legal, the move has sparked industry debate about how to protect authors' and publishers' rights when AI systems use copyrighted works for training purposes.
Recent research indicates marine ecosystems experience significantly greater thermal stress than commonly recognized. Beyond the well-documented marine heatwave events, the warming periods before and after these events also impose substantial pressure on marine life but have been largely overlooked. Researchers emphasize that focusing solely on short-term heatwave phenomena underestimates actual heat stress on ocean ecosystems, necessitating more comprehensive monitoring and assessment approaches.
Apple's Senior Vice President of Global Marketing Greg Joswiak officially announced a product launch event scheduled for October 13 in US time. The event theme "Welcome home" suggests Apple will unveil smart home-related products. The announcement has generated significant industry interest, with expectations for Apple to showcase its latest innovations in home technology.
US President Trump stated the US will not attack Iran before November midterm elections and indicated productive discussions are underway, causing oil prices to retreat from intraday highs. However, shipping risks remain elevated due to tanker attacks off Qatar, Iran's threats to block additional shipping lanes, and Yemen's Houthi movement claiming attacks on Saudi airports. Brent crude futures closed up 4.1% at $104.28 per barrel on Thursday.
Ukraine accuses Russia of deliberately targeting two crowded buses in the front-line city of Kramatorsk, resulting in at least 30 deaths. Ukrainian officials state the strike was intended to maximize civilian casualties. This attack is part of a recent surge in deadly Russian operations against Ukraine.
Teddy Young, 24, a UK Royal Navy sailor, appeared in a London court facing two charges under the National Security Act. He is accused of preparing to disclose protected information between November 2024 and May 2025, and of obtaining, copying, recording or retaining protected information for a foreign power during the same period. Young remains in police custody.
The United States led a coalition of G20 nations, including EU members, to sign a joint statement addressing global overcapacity issues. The multilateral initiative targets the impact of China's industrial overcapacity on global markets. The coordinated action reflects major economies' shared concerns about market imbalances and seeks solutions through collective diplomatic efforts.
France faces mounting pressure from ongoing student protests and bond market selloffs, creating dual political and economic challenges. The ECB president warns that geopolitical impacts are transforming into financial risks, escalating pressure across the eurozone. The combination of political instability and market volatility poses significant threats to European financial stability.
Transit through the vital Strait of Hormuz, a critical global oil shipping route, reached nearly 90% of prewar levels last month but has since experienced a sharp decline. Tanker attacks have contributed to rising international oil prices. The strait's transportation conditions significantly impact global energy markets.
According to Nikkei research, cyberattacks worldwide have exposed personal data of at least 320 million people since September. The incidents span multiple countries and industries, highlighting escalating cybersecurity threats. Experts urge businesses and governments to strengthen information security measures to protect citizen privacy and prevent further data breaches.
The US Department of Defence announced a new $350 million quantum computing initiative aimed at maintaining American technological leadership. The programme reflects intensifying competition between the United States and China over military applications of advanced technology. Led by the Office of the Under Secretary of Defence for Research and Engineering, the initiative represents a strategic investment in quantum computing capabilities.
GlobalFoundries announced on October 8 a $2 billion agreement with Taiwan Semiconductor Manufacturing Company to produce critical components for CoWoS (Chip-on-Wafer-on-Substrate) packaging technology. The agreement aims to support TSMC's advanced packaging requirements and strengthen the collaboration between the two semiconductor industry leaders.
US stock markets showed mixed performance on Thursday as Middle East tensions and hurricane-related oil production cuts drove crude prices higher, raising inflation and rate hike concerns. The Dow Jones Industrial Average gained 0.1%, while the S&P 500 fell 0.47%. Technology stocks weakened significantly, with the Philadelphia Semiconductor Index dropping 3.39% and Taiwan Semiconductor Manufacturing Company ADRs declining 3%.
Former President Tsai Ing-wen delivered a speech at Stanford University, marking her first visit to the United States since leaving office. She highlighted Taiwan's central position in the first island chain and its crucial role in global technology industries. Tsai emphasized that democratic nations are rebuilding manufacturing capabilities, which cannot be accomplished by any single country alone. She called for democratic partners to combine their respective strengths to establish secure industrial and technological capabilities.
Taiwan's Executive Yuan approved a plan to distribute 10,000 TWD per capita to all citizens as part of AI dividend sharing. Deputy Finance Minister Juan Ching-hua stated that if the central government budget passes third reading by January 5 and is announced by the president by January 20, pre-registration can open immediately. The first batch of payments is expected to be deposited on January 26, allowing citizens to receive the funds before Lunar New Year. Eligibility criteria follow previous distribution regulations.
A man who killed his wife and sister-in-law was denied capital punishment by Taipei District Court, which ruled that killing two people does not meet the "multiple persons" threshold established in Constitutional Court Judgment No. 8 of 2024, requiring at least three victims. The Taipei District Prosecutors Office appealed, arguing that "multiple persons" does not exclude two victims. Legal experts support clarifying this definition through appellate procedures.
A man surnamed Hsieh was sentenced to life imprisonment by Taipei District Court in August for killing his wife and sister-in-law in Tucheng. The prosecution appealed the verdict, arguing the court's interpretation of "multiple victims" in a constitutional ruling was too narrow. The prosecution contends that two victims should qualify, and has raised four key issues for appellate review.
The executive of a real estate company conspired with a lawyer and public notary to forge wills for elderly homeowners, fraudulently transferring 11 properties worth 140 million NT dollars over three years. The High Court upheld the conviction and increased the sentence from 14 years to 20 years, while dismissing the co-defendant's appeal.