Divesture has been a major strategy of the company to focus on its core operations. In 2016, AIG completed the sale of its Taiwan unit. It also sold Advisor Group to investment funds affiliated with Lightyear Capital LLC. Moreover, the company also sold ... ( read original story ...)
Asian indexes close mixed as oil struggles
Saudi Arabia, the de-facto leader of OPEC, is preparing for the IPO of Saudi Aramco next year and "cannot afford prices below $50," she said. Most Australian energy stocks made gains even though oil stocks in South Korea and Japan remained in negative ... ( read original story ...)
Oil Tries to Rebound from Ten-Month Lows
Saudi Arabia is likely feeling the pressure of struggling oil prices not only because as the leader of OPEC it is spearheading the production cuts, but because Saudi Aramco, a national petroleum and natural gas company, is planning for its IPO next year ... ( read original story ...)
Athenex, Inc. (Nasdaq: ATNX) to Ring The Nasdaq Stock Market Closing Bell in Celebration of Its IPO
Athenex has offices in Buffalo and Clarence, New York, Cranford, New Jersey, Houston, Texas, Chicago, Illinois, Hong Kong, Taipei Taiwan, and multiple locations in Chongqing, China. Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing ... ( read original story ...)
XnBay Debuts the Intelligent Personal Cloud Storage at COMPUTEX TAIPEI 2017
Taipei, Taiwan, June 22, 2017 (GLOBE NEWSWIRE) -- XnBay Technology, a new personal storage brand from Taiwan which aims to break through the limitation of cloud storage services and provides ultimate privacy and security to personal data, debuted its ... ( read original story ...)
Chinese shares swing lower, led by financials
But fresh worries about financials helped hit the brakes on the post-MSCI good ... Korea’s Samsung 005930, +1.01% added 1%, helping push the Kospi SEU, +0.54% index up 0.5%. In Taiwan, the tech-heavy Taiwan Taiex Y9999, +0.48% rose 0.5%, hitting ... ( read original story ...)
Taipei 2017 Torch Relay begins in Turin
The Taipei 2017 Summer Universiade Torch was officially lighted in the Italian city of Turin. The flame is set to burn until August 30, the date of the Universiade's Closing Ceremony at the Taipei Stadium in Taiwan. The Italian city was chosen as the venue ... ( read original story ...)
Taiwan’s Foxconn says Toshiba deal ‘not over’
The head of Taiwan's tech giant Foxconn said Thursday its pursuit of Toshiba "is not yet over", a day after the Japanese firm announced it preferred another group of bidders to acquire its prized chip business.AFP | June 22, 2017, 12:59 IST Taiwan ... ( read original story ...)
Foxconn founder: ‘Still a chance’ to buy Toshiba chip arm
TAIPEI, Taiwan — The chairman of Foxconn says there is “still a chance” the Taiwanese electronics giant might be able to buy Toshiba’s memory chip business despite the Japanese company’s choice of another bidder as its preferred buyer. ( read original story ...)
Taiwan stocks hit 27-year high; techs jump
TAIPEI, June 22 Taiwan stocks rose to their highest in 27 ... The electronics subindex rose as much as 0.5 percent, while the financials subindex dropped up to 0.1 percent. (Reporting by J.R. Wu; Editing by Sherry Jacob-Phillips) ( read original story ...)
UK entrepreneur Dan Wagner ‘relaunches’ in Taiwan
TAIPEI, Taiwan -- British technology entrepreneur Dan Wagner has announced plans to relaunch his e-commerce business Powa Technologies by teaming up with Wowlife Taiwan. Wagner was the founder of the U.K. ecommerce and mobile payments company Powa ... ( read original story ...)
Panama City Announces New Ties With China As It Ditches Taiwan In Win For Beijing
Panama has established diplomatic ties with China and broken with Taiwan in a major victory for Beijing ... move could also raise questions about the future of a Chinese-backed project to build another Central American waterway to rival the Panama Canal ... ( read original story ...)
Panama Just Forged Ties With China, While Ditching Relations With Taiwan
(PANAMA CITY) — Panama established formal diplomatic ties with China and broke with Taiwan on Monday in a major victory for ... also raise questions about the future of a Chinese-backed project to build another Central American waterway to rival the ... ( read original story ...)
Amazing Taiwan – Belize: 2017 Cultural Exchange Programme launched
BELIZE CITY, Fri. June 16, 2017–The 2017 Cultural Exchange ... Christine Huang, art instructor of the Primary and Secondary Art Skill Training Project, executed through the Embassy of Taiwan in Belize, said in delivering the introduction to the program ... ( read original story ...)
A new sex park for Taiwan?
The word on the street -- or on the Internet at least -- is that plans are afoot to develop an erotic entertainment attraction on the island's Southwest Coast National Scenic Area. After interest was aroused by details posted on the region's official ... ( read original story ...)
Winston & Strawn Shutters Beijing, Taipei Offices
Senior intellectual property associate Gino Cheng moved to Hong Kong from Taipei. And several other lawyers, including former resident partner Horng-Dar Lin, have left the firm. A Chicago-based representative said the consolidation enables the firm to ... ( read original story ...)