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Stocks slide, dollar climbs as taper and virus fears combine

Asian stocks slumped
to their lowest levels this year and the dollar hit 10-month
highs on Thursday as a double-whammy of worries about global
growth and an end to central bank support drove. | August 19, 2021 ....

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Taiwan Semiconductor Manufacturing : Worker at chipmaker TSMC gets COVID, operations unaffected

A staff member at Taiwan Semiconductor Manufacturing Co Ltd has contracted COVID-19 and those who had direct contact are under quarantine, though operations are not affected, the company said on. | May 22, 2021 ....

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Taiwan Semiconductor Manufacturing : upbeat on economic prospects despite COVID-19 spike

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TAIPEI, May 16 (Reuters) - Taiwan s economic prospects are
bright and growth this year will come in as expected so long as
the COVID-19 situation can be quickly brought under control, the
government said on Sunday, pointing to limited impact from a
recent spike in cases.
Export-dependent Taiwan raised its coronavirus alert level
in the capital, Taipei, and the surrounding city on Saturday,
imposing two weeks of restrictions that will shut many venues
and limit gatherings after a rise in community transmissions.
In a statement after Premier Su Tseng-chang held a meeting
with top economic officials, such as central bank governor Yang ....

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Taiwan Semiconductor Manufacturing : Facing chips shortage, Biden may shelve blunt tool used in COVID fight

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WASHINGTON, May 5 (Reuters) - Some critical industries could
suffer if the U.S. government uses a national security law to
redirect scarce computer chips to the auto industry, a senior
administration official told Reuters.
The analysis suggests the White House could opt to reject
calls to invoke the Defense Production Act by automakers and a
bipartisan set https://www.rubio.senate.gov/public/index.cfm/2021/2/rubio-coons-urge-biden-to-invoke-defense-production-act-to-address-semiconductor-shortage
of U.S. lawmakers.
Numerous automakers have been forced to slow or pause
production due to a lack of semiconductors and have spoken with
the White House about possibly using the 1950 law that allows ....

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Taiwan Semiconductor Manufacturing : U.S. Commerce Dept. presses Taiwan for more chips to automakers

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WASHINGTON (Reuters) - The U.S. Commerce Department is pressing Taiwan Semiconductor Manufacturing Co Ltd and other Taiwanese firms to prioritise the needs of U.S. automakers to ease chip shortages in the near term, Commerce Secretary Gina Raimondo said.
Raimondo told a Council of the Americas event on Tuesday that longer term, increased investment was needed to produce more semiconductors in the United States and that other critical supply chains needed re-shoring, including to allied countries.
We re working hard to see if we can get the Taiwanese and TSMC, which is a big company there, to, you know, prioritize the needs of our auto companies since there s so many American jobs on the line, Raimondo said in response to a question from a General Motors Co executive. ....

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