Litro Gas Chairman arrested over Taiwan money transfer scandal

The bank said that on Thursday it reported the matter to Taiwan’s Financial Supervisory Commission (FSC) and the CIB, which in turn informed the International Criminal Police Organization and asked for assistance. The FSC said that it was an isolated ... ( read original story ...)

Taiwan’s CIB to send team to Sri Lanka to probe bank hacking

The bank said that on Thursday it reported the matter to Taiwan’s Financial Supervisory Commission (FSC) and the CIB, which in turn informed the International Criminal Police Organization and asked for assistance. The FSC said that it was an isolated ... ( read original story ...)

Technology trade deficit holding back industry: Legislature

According to the report, the Budget Center found that Taiwan's reliance on U.S. technology imports has risen from 36.26 percent in 2002 to 76.24 percent in 2014, while reliance on such imports from other countries that are not major sources of Taiwan's ... ( read original story ...)

Philippines says sorry to China over wrong Taiwan logo

MANILA, Philippines – The Philippine defense department has apologized to China for the "grievous but purely unintentional mistake" of using Taiwan's defense ministry logo during a ceremony where the Chinese ambassador turned over assault rifles to the ... ( read original story ...)

This Taiwan ETF Is a Backdoor Bet on Apple’s iPhone Suppliers

Try an exchange-traded fund tracking Taiwanese stocks. As Apple prepares to roll out the iPhone X, the latest version of its flagship smartphone, on Nov. 3, international investors are ramping up bets on suppliers for the device, whose shares can rise and ... ( read original story ...)

CIB to send team to Sri Lanka in probe of bank hacking case

Taipei, Oct. 9 (CNA) Taiwan's Criminal Investigation Bureau ... The Society for Worldwide Interbank Financial Telecommunication's (SWIFT) network was also compromised, which allowed the hackers to wire money to international destinations such as Sri ... ( read original story ...)

Philippines Apologizes to China Over Wrong Taiwan Logo

Manila, Philippines (AP) -- The Philippine defense department has apologized to China for the "grievous but purely unintentional mistake" of using Taiwan's defense ministry logo during a ceremony where the Chinese ambassador turned over thousands of ... ( read original story ...)

Taiwan’s FSC mulls new index for start-ups

To support startups in their quest for new funds, the Financial Supervisory Commission (FSC) in Taiwan is considering establishing a new stock index similar to those in the UK and Singapore. This was announced by FSC Chairman Wellington Koo in response to ... ( read original story ...)

Sri Lankan Police Arrests Two Men over Taiwan Bank Hacking

Police in Sri Lanka did not disclose the name of the affected bank in Taiwan or the sum said to have been stolen, but a Sri Lankan media report said tens of millions of dollars had been wired out of the island. In Taipei the Financial Regulatory Commission ... ( read original story ...)