financial resilience 結果共5筆

Explore how Taiwan’s excess savings rate, projected to reach 15.46% in 2024, indicates economic resilience yet poses challenges for growth. Learn about the government’s strategies to stimulate investment and spending.

MOFA announces Taiwan Gender Equality Week in New York City during the United Nations’ Commission on the Status of Women. Highlighted by a forum on women’s financial resilience featuring Dr. Hank C.C. Huang. Notable attendees include Denise Scotto and Kelley Currie. Event to be live-streamed on MOFA’s social media channels.

Taiwan’s stock market opened strong on Tuesday, reaching a new high for the year of 17,528 points, surpassing the 17,500 mark. This increase came after a rise in U.S. stocks on Monday. The Taiwan Stock Exchange Weighted Index (TAIEX) climbed by 78.65 points to 17,496.99 points, with a trading volume of NT$36.387 billion as of 9:06 a.m. Leading the gainers in early trading were Taiwan Semiconductor Manufacturing Co. (TSMC), Largan Precision, and Foxconn. This week, as the market enters a central bank super week, banks in the U.S. and Europe are expected to announce their final rate decisions for the year. Taiwan’s Financial Supervisory Commission (FSC) chairman Huang Tien-mu expressed the government’s commitment to stabilizing the capital market and highlighted the resilience of Taiwan’s stock market. Huang assured that the FSC is prepared to manage the impact of the Federal Reserve’s decisions on the market.

Taiwan’s Minister of Foreign Affairs, Joseph Wu, warns of China’s increasing interference and cognitive warfare tactics as Taiwan’s elections approach. China is using a ＂hybrid warfare＂ strategy involving military actions, economic pressure, disinformation campaigns, and unlawful financial flows to influence the election results. Taiwan’s government is actively countering these tactics by strengthening communication with the public, enhancing media literacy, and collaborating with public and private sectors. Wu calls for a united front among international allies to enhance democratic resilience and increase awareness of China’s unfriendly actions. This reflects Taiwan’s efforts to preserve its sovereignty and democratic values amid rising tensions with China.

The global semiconductor revenue is projected to drop by approximately 12% in 2023 but is expected to rebound by more than 11% next year, reaching a total revenue of US＄550 billion, according to International Business Strategies (IBS). Major semiconductor companies, including Intel Corp, TSMC, and Samsung Electronics, have indicated that the industry downturn has passed. Although Samsung Electronics’ profit for Q3 fell 38%, inventory is returning to normal levels, and oversupply is easing due to production cutbacks. Samsung’s deputy head of the Memory Division suggests that the recovery trend could continue into next year. Despite challenges such as inflation, the war in Ukraine, and clashes between Israel and Hamas, the semiconductor market recovery reflects the resilience of the global economy.