Mercy Diebiru-Ojo’s ambitions are straightforward — increase Nigerian yam and cassava yields by 500 percent, fight hunger and raise her country’s position on the agricultural value chain from a mere grower to a processor.The first steps, at least, are already under way for the 44-year-old agronomist
Ian Falconer kept thinking about the heaps of discarded plastic fishing nets he saw at Newlyn harbor near his home in Cornwall, southern England. “I thought ‘it’s such a waste,’” he said. “There has to be a better solution than it all going into landfill.”Falconer, 52, who studied environmental and
New Yorkers run on coffee. From high-end experimental boutique cafes to the humble sidewalk cart, millions of cups of java are sold every day.However, coffee-lovers are facing increasing pain as they pay for their simple espresso shots and elaborate pumpkin spiced lattes as the cost of beans has jum
CHINESE EXPORT CURBS: A dispute between China and the Netherlands could halt chip supply, affecting vehicle production, US and European auto associations said
Groups representing major automakers late on Thursday warned that a chip disruption stemming from a dispute between China and the Dutch government could quickly affect US auto production.Automakers and their suppliers received notice from chipmaker Nexperia (安世半導體) last week that it could no longer
China’s sanctions on US-linked units of shipbuilder Hanwha Ocean threaten to impact ambitious plans for shipbuilding cooperation between Seoul and Washington by disrupting supplies of Chinese equipment and materials, officials in Seoul said yesterday.The Chinese Ministry of Commerce on Tuesday banne
INCREASED TENSIONS: Risks from higher US tariffs and disruptions in supply chains could lower global growth by 0.3 points, the fund’s Asia and Pacific director said
The IMF sees “significant downside risks” to global growth due to renewed frictions between the US and China, an officiall said yesterday.After months of tentative stability in US-China relations, tensions flared in recent weeks when Washington expanded tech restrictions and proposed tariffs on Chin
Acer Gaming Inc (宏碁遊戲), a gaming console and PC game title distributing arm of Acer Inc (宏碁), on Wednesday said it expected its gaming business to continue growing next year, as several blockbuster titles are slated for release.Acer Gaming made the remarks on the sidelines of an extraordinary shareh
Stocks yesterday fell as losses in US lenders deepened, with doubts over regional banks’ health prompting traders to cut risk at the end of a volatile week. Bonds and haven currencies were major beneficiaries, as investors rushed for safety.The S&P 500 looked set for a second day of losses, with ind
A visitor poses for a photo between the pages of a giant book at the Frankfurt International Book Fair in Germany yesterday. The book fair runs until tomorrow. Its “guest of honor” this year is the Philippines, with the motto “The imagination peoples the air.”
‘DRAMATIC AND POSITIVE’: AI growth would be better than it previously forecast and would stay robust even if the Chinese market became inaccessible for customers, it said
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday raised its full-year revenue growth outlook after posting record profit for last quarter, despite growing market concern about an artificial intelligence (AI) bubble.The company said it expects revenue to expand about 35 percent year-on-yea
RECYCLE: Taiwan would aid manufacturers in refining rare earths from discarded appliances, which would fit the nation’s circular economy goals, minister Kung said
Taiwan would work with the US and Japan on a proposed cooperation initiative in response to Beijing’s newly announced rare earth export curbs, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday.China last week announced new restrictions requiring companies to obtain export licenses if
Taiwan’s top-tier wealth management market, DBS Bank Taiwan (星展台灣) announced the launch of DBS Treasures Private Client (星展頂級私人客戶), marking the completion of its ultimate wealth management blueprint.Tailored for ultra-high-net-worth clients with assets of NT$100 million (US$3.26 million) or more, th
Dutch tech giant ASML Holding NV on Wednesday warned of a steep fall in its China business next year, as it booked flat net profit in the third quarter compared with the same period last year.“We expect China customer demand, and therefore our China total net sales in 2026, to decline significantly
Bicycle maker Giant Manufacturing Co (巨大) said yesterday it has begun reimbursing migrant workers for expenses they paid to secure their jobs and pledged not to deduct future broker fees from their wages.The move comes after the US Customs and Border Protection (CBP) issued a Withhold Release Order
A man touches a gold ingot at the Gold Museum in New Taipei City’s Rueifang District yesterday. As gold prices continue hitting record highs, the 220kg gold brick’s market value has exceeded NT$900 million (US$29.35 million), making it the museum’s top exhibit and a key draw for visitors.
‘UNDERESTIMATED’: The IMF in its latest report raised its forecast for Taiwan’s economic growth this year to 3.7 percent, up from 2.9 percent in its April forecast
The economy is expanding faster than expected and could grow about 5 percent this year, buoyed by robust exports driven by global demand for artificial intelligence (AI), the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. DGBAS Minister Chen Shu-tzu (陳淑姿) told lawma
Taiwan-based GlobalWafers Co., the world’s third largest silicon wafer supplier, on Wednesday opened a 12-inch silicon wafer plant in Novara, northern Italy - the country’s most advanced silicon wafer facility to date.The new plant, coded “Fab300,” was launched by GlobalWafers’ Italian subsidiary ME
E.SUN FHC on Tuesday held its “2025 E.SUN ESG Sustainability Initiative,” attended by former president Tsai Ing-wen (蔡英文), Financial Supervisory Commission Deputy Chairman Chen Yen-liang (陳彥良), and Banking Bureau Director-General Tung Cheng-chang (童政彰). Since 2021, E.SUN has advanced its sustainabil
Beijing’s recent curbs on rare earths would not directly affect Pegatron Corp’s (和碩) production, as the company’s suppliers should be able to overcome the situation, company chairman Tung Tzu-hsien (童子賢) said yesterday. Rare earths account for only a small portion of Pegatron’s products, Tung said.