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TSMC fab investment plan in Japan approved

An investment plan by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) to establish a fab in Japan was approved by the Investment Commission on Monday, which hailed it as a milestone in high-tech cooperation between the two countries.
The commission said it had approved the investment project to allow TSMC to help secure a stable supply of wafers for Japanese customers.
As Taiwan remains ahead of Japan by at least one generation in chip production technology, “there should be no fear of leakage concerning high-end chip process technology,” the commission said.
Under the project, TSMC is to spend ￥237.8 billion (US$2.09 billion) to establish ....

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Dynamic awarded six new drilling contracts - Australian Mining

Dynamic Group Holdings has been awarded six short-term contracts to both its subsidiaries Dynamic Drill & Blast and Orlando Drilling. ....

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Australian regulator Westpac complained of alleged internal trafficking

Australian regulator Westpac complained of alleged internal trafficking
Australian corporate watchdog accuses Westpac of allegedly insider trading and licensing in a $ 12 billion ($ 9.3 billion) debt deal associated with the privatization of the nation’s largest electricity distributor.
The case presented by the Australian Securities and Investment Commission on Wednesday is expected to shed light on the trading of derivatives and the opaque world of the domestic market. controls according to assets in the second largest bank in the country.
Allegations Westpac is trying to rebuild its reputation after allegations of money laundering popular poll deteriorating behavior of the financial sector.
In a statement, Asic said allegations related to Westpac’s role in carrying out the largest interest rate swap transaction in Australia’s history on behalf of pension funds bought by Ausgrid energy company from the New South Wales government in 2016. ....

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Fraud squad takes case of missing suspected conwoman Melissa Caddick

Melissa Caddick went missing after allegedly swindling millions from investors
Alleged fraud of at least $20million from clients who included friends and family
She hasn t been since ASIC raid at her Dover Heights home on November 11
More than 50 sightings of her, police have said they believe she s still alive
The missing person case now handed to NSW Police Financial Crimes Squad ....

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Taiwan Buiness Quick Take - Taipei Times

Taiwan Buiness Quick Take - Taipei Times
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

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