📈 Financial and Industrial Dynamics

• IMF Significantly Raises Taiwan's Economic Growth Forecast: The International Monetary Fund (IMF) has substantially revised upwards Taiwan's real GDP growth rate for this year to 10.7% (from the previous forecast of 5.2%) in its latest global economic outlook. Scholars from various countries analyze that Taiwan's semiconductor industry, strongly driven by AI demand, is the only country globally to have its growth rate adjusted to double digits. • Taiwan Stock Market Plummets 960 Points, Foreign Investors Sell Heavily: Facing a combination of risks including global chip stock sell-offs and US Treasury yields, the Taiwan stock market crashed by 960 points today, falling below the 49,000-point mark. TSMC dropped 50 points as foreign investors sold off heavily, though financial stocks (like Fubon Financial and Hua Nan Financial) provided some support. • Chinese-Made Software Allegedly Installed on Foreign Affairs Ministry Computers: Three domestic companies, including Kun Yu Technology, are suspected of forging certifications and packaging software with Chinese source code as original Taiwanese products to win a NT$20 million bid from the Ministry of Foreign Affairs. The Taipei District Prosecutors Office has summoned four individuals who were each granted bail ranging from NT$200,000 to NT$250,000.