AGP Executive Report
Last update: 3 hours agoCross-strait diplomacy: Taiwan urged Japan and the Philippines to consult it over planned maritime boundary talks, warning the area overlaps with Taiwan’s rights and interests. China’s response: Beijing called the talks “totally illegal,” reiterating Taiwan is part of China and accusing Taiwan’s ruling party of relying on outside forces. US trade pressure: The U.S. Trade Representative proposed new forced-labor tariffs on 60 economies, with Taiwan listed for an extra 10% duty, as Washington seeks to rebuild its tariff agenda after court setbacks. Tech and markets: Taiwan shares hit fresh highs as AI-led momentum lifted chip stocks, with TSMC leading gains; separately, at Computex Taipei, Nvidia CEO Jensen Huang praised connectivity and hailed Marvell as a “next trillion-dollar company,” sending Marvell shares soaring. Security in space: Taiwan’s space agency said it wants stronger capability to monitor Chinese on-orbit activity, warning that “spooky” satellite behavior is hard to observe in time. Local economy: Taiwan’s IC packaging giant ASE topped TWSE-listed firms for average employee pay in 2025, while TSMC ranked seventh.
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