Category: BUSINESS

The sale had a total cost of $2.2b. DBS Group Holdings (DBS) has agreed to acquire Citi Consumer Taiwan, the consumer banking business of Citigroup in Taiwan, via a transfer of assets (loans of $11.3b ... ( read original story ...)

After Lithuania made a show of support for Taiwan, China reacted by blocking the small Baltic country’s business. And the dispute threatens to pull in more of Europe. Like us on Facebook to see ... ( read original story ...)

The economic significance of tension over Taiwan … the U.S. government is likely to throw ... To deliver this vision, Intel is establishing a new standalone business unit called Intel Foundry Services ... ( read original story ...)

BERLIN (AP) — A proposed takeover of German chip supplier Siltronic by Taiwan’s GlobalWafers has fallen through after the German government failed to give its approval by a Monday night deadline. ( read original story ...)

Lithuania’s decision to allow a ‘Taiwan representative office’ to open angered Beijing and had prompted accusations of a de facto boycott. ( read original story ...)

Soros Fund Management LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the third quarter, Holdings Channel reports. The fund purchased 20,000 ... ( read original story ...)

The European Union has launched a World Trade Organization (WTO) case against China, having completed its own investigation into Beijing’s alleged coercion of Lithuania. ( read original story ...)

A curious spat has unfolded in recent months between Lithuania, a small, Eastern European nation of less than 3 million people, and China, a superpower with an economy that could soon exceed that of ... ( read original story ...)

Taiwan Semiconductor ( NYSE:TSM) is the world's biggest semiconductor manufacturer, which puts it in a unique position during the global chip shortage. That's why it's spending more than $40 billion ... ( read original story ...)

The government’s business climate monitor last month turned “yellow-red,” ending nine months of a booming “red” indicator, as persisting component and materials shortages constrained industrial ... ( read original story ...)

Citigroup has sold its consumer business in Taiwan to DBS Group as part of chief executive Jane Fraser’s strategy to simplify the U.S. bank’s operations and focus on more lucrative businesses. DBS ... ( read original story ...)

The deal is the latest in a series of divestitures as Citigroup shrinks its international retail footprint to focus more on serving businesses and affluent clients. ( read original story ...)

Of all the 13 consumer businesses on the block in Citi’s Asia revamp, Taiwan was the most prized. DBS’s successful bid bolsters an already profitable business – and doing so required some hard ... ( read original story ...)

The development of the ICT supply chain over the past 30 years has only been paving the way for the next golden decade of Taiwan! ( read original story ...)

Singapore's DBS Group will announce on Friday it is to buy Citigroup's consumer finance business in Taiwan, two sources familiar with the matter told Reuters on Thursday.DBS and Citi declined to ... ( read original story ...)

Wednesday 26 January 2022 Taiwania Capital Management plays early-stage investor + startup partner to boost international entrepreneurship ecosystem in Taiwan Taiwania mainly functions as a national ... ( read original story ...)