#Latest news with #techsupplychainBloomberg08-05-2025BusinessBloombergTaiwan Dollar's Stunning Rally Spells Trouble for Tech, InsurersA surging Taiwan dollar is aggravating concerns about the competitiveness and earnings prospects of local firms that form the backbone of global tech supply chains. The currency's recent sharpest rally against the greenback in nearly four decades has further eroded the relevance of an upbeat results season that preceded Donald Trump's punishing tariffs. Of the 205 Taiwanese companies that had reported first-quarter earnings, more than half of them beat estimates, according to a Goldman Sachs Group Inc. note last week.
Bloomberg08-05-2025BusinessBloombergTaiwan Dollar's Stunning Rally Spells Trouble for Tech, InsurersA surging Taiwan dollar is aggravating concerns about the competitiveness and earnings prospects of local firms that form the backbone of global tech supply chains. The currency's recent sharpest rally against the greenback in nearly four decades has further eroded the relevance of an upbeat results season that preceded Donald Trump's punishing tariffs. Of the 205 Taiwanese companies that had reported first-quarter earnings, more than half of them beat estimates, according to a Goldman Sachs Group Inc. note last week.
08-05-2025
