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Business 19 Apr 2021 | 7:00 AM

Taiwan denies any unfair trade advantage

TAIPEI: Taiwan has never sought to use foreign exchange rates to gain an unfair trade advantage, the central bank said yesterday, after the US Treasury said Taiwan tripped thresholds for possible currency manipulation under a 2015 US trade law.

Business 02 Apr 2021 | 7:00 AM

TSMC to spend US$100bil over three years to grow capacity

TAIPEI: Taiwan Semiconductor Manufacturing Co (TSMC) plans to spend US$100bil (RM414bil) over the next three years to expand its chip fabrication capacity, a staggering financial commitment to address booming demand for new technologies.

Business 19 Mar 2021 | 7:00 AM

Thai Airways disputes US$7.4bil of aircraft lessor claims

BANGKOK: Thai Airways International Pcl is challenging some US$7.4bil (RM30.4bil) in claims from dozens of aircraft lessors and engine service provider Rolls-Royce Holdings Plc, saying it isn’t liable for the monies because they concern future expenses and were incurred after the airline received bankruptcy protection from a Bangkok court.