Financial industry observers see big potential for Taiwan in the nascent fintech sector, citing the ways in which emerging technologies could help the banking and insurance components of the nation’s financial conglomerates share information safely and ... ( read original story ...)
UPDATE 1-Taiwan asks insurers to adjust forex hedging as local currency strengthens
TAIPEI, April 14 Taiwan's financial regulator has asked local insurers to adjust their foreign exchange hedging to reduce the impact of the strengthening local currency against the U.S. dollar on their earnings, according to a document from the regulator ... ( read original story ...)
TSMC's directors top earners among Taiwan's listed companies
... the most generous salary for its directors was CTBC Financial Holding Co. (中信金), one of the leading financial companies in Taiwan. Its directors received NT$50.82 million in pay on average last year, the TWSE said. In 2016, CTBC Financial ... ( read original story ...)
Court denies Romanian convict request for money to support girlfriend
Prosecutors have sought jail terms of between 10 years and 21 years, 11 months for the nine, because the crime could have undermined Taiwan's financial order. ( read original story ...)
The Taiwan Fund, Inc. Announces Share Repurchases under its Discount Management Policy
NEW YORK, April 7, 2017 /PRNewswire/ -- The Taiwan Fund, Inc. (TWN) (the "Fund") announced today that on April 6, 2017, the Fund repurchased 1,000 shares under the Fund's Discount Management Policy. The Fund is a diversified closed-end investment company ... ( read original story ...)
Taiwan to Become First Nation in Asia to Outlaw Consumption of Dog and Cat Meat
the holding company of Global Online Financial Solutions (GOFS), which owns the Timo platform. Written by Saigoneer. Animal rights activists have recorded a huge win on the island nation of Taiwan. On Tuesday, Taiwan’s legislature made numerous changes ... ( read original story ...)
US keeps Taiwan on currency monitoring list
Trump's policy reversal on China sends a signal to global finance chiefs ahead of next week's meeting ... The countries - China, Japan, Germany, South Korea, Taiwan and Switzerland - were the same six named in the last currency report issued by the Obama ... ( read original story ...)
EM ASIA FX-S.Korean won, Taiwan dollar sag after U.S. strikes on Syria
Won hits 3-week low vs dollar, later trims losses * Taiwan dollar and Thai baht edge lower * But Indian rupee hits 20-month high * Rupee stays firm after RBI's move to mop up liquidity (Adds text, updates prices) SINGAPORE, April 7 (Reuters) - The South ... ( read original story ...)
Silicon Motion Announces Preliminary First Quarter 2017 Revenue and Earnings Conference Call Details
TAIPEI, Taiwan and MILPITAS, Calif ... announces that based on its preliminary first quarter financial results, revenue is expected to be in the upper half of the original guidance range of $121 million to $128 million that the company issued on January ... ( read original story ...)
Tel Aviv property: expensive and poor rental yields
In data released by the Global Property Guide on apartment prices in major cities all over the world, rental yield on a 120 square meter apartment in Tel Aviv stands at 2.57%, which ranks fifth worst in the world for an investment prospect. Taipei ... ( read original story ...)
Powertech Technology : closer to total control of Japan chip tester
Taiwan-based Powertech Technology the world's leading provider of semiconductor chip backend services, announced Friday it had inked an agreement with U.S. memory chipmaker Micron Technology to acquire a 39.6 percent stake in the Japan-based wafer testing ... ( read original story ...)
No joint bid for infrastructure funds, says Ko
Saturday dismissed claims of an agreement with New Taipei City to jointly lobby for the inclusion of the "three loops and three lines" project into the Cabinet's NT$880 billion infrastructure plan. The "three loops and three lines" is a series of new MRT ... ( read original story ...)
UPDATE 1-Powertech seeks Japan chip technology with purchases from Micron
Likes Japan's leading edge in IOT, vehicle electronics (Recasts and adds chairman comments) TAIPEI, April 14 Taiwan's Powertech Technology said on Friday it had bought two of Micron Technology's interests in Japan in deals worth up to $132 million ... ( read original story ...)
Uber resumes in Taiwan
TAIPEI - Uber Technologies said it would resume its ride-hailing ... In Taiwan, at issue for Uber was that it said it operated as an internet-based technology platform rather than as a transport company, which local taxi companies and Taiwanese authorities ... ( read original story ...)
Taiwan, Korea Lose as China Wins From Trump Jawboning on Dollar
Donald Trump’s preference for a weaker dollar rippled through currency markets on Thursday, with Taiwan’s dollar and South Korea’s won climbing at least 0.9 percent. That’s not great news for the export-oriented economies, especially when ... ( read original story ...)
Taiwan bans sale, consumption of dog and cat meat
Taiwan's legislature has explicitly banned the sale and consumption of dog and cat meat and increased the penalty for animal cruelty, underscoring growing awareness of animal welfare in one of Asia's most prosperous societies. The legislature amended ... ( read original story ...)