NPL ratio remained at 0.16%. Taiwan’s 39 banks’ non-performing loans (NPLs) totalled $1.86b in August, a decrease of $5.2m from the previous month according to the latest statistics by the Financial ... ( read original story ...)
Senators seek billions more in military aid for Taiwan
Senators are looking to shore up Taiwan’s defenses amid heightened tensions with China, and are poised to green-light billions more in military aid to the island to make it happen. Defense policy ... ( read original story ...)
Mega Financial mulling second capital increase
State-run Mega Financial Holding Co (兆豐金控) is reportedly planning a second capital increase for its non-life insurance arm, Chung Kuo Insurance Co (兆豐產險), as losses from claims linked to COVID-19 ... ( read original story ...)
Tax revenue increases 21% on corporate income tax
Corporate income tax revenue swelled 55 percent to NT$163.4 billion last month, as companies generally reported an improvement in business, although the nation’s exports faltered, the ministry said. ( read original story ...)
US lawmaker reaffirms commitment
The Ministry of Finance in July said that Taipei and Washington had inked taxation-related deals, such as a transportation income tax agreement in 1988. However, the two countries have not entered ... ( read original story ...)
Taiwan Reasons Why It Is Futile For US And China To Harm TSMC
Chen Ming-tong, director-general of Taiwan's National Security Bureau, deemed it useless to take over facilities from Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM) if Beijing took control ... ( read original story ...)
Socionext Defies Chip Slump With Japan’s Biggest IPO This Year
Making its market debut on Wednesday, Japan's Socionext Inc bucked softening sentiment toward chips by surging 15% in Tokyo's biggest initial public offering of the year so far. Shares in the fabless ... ( read original story ...)
Asian markets in decline as Taipei, Tokyo and Seoul share trading resumes after holidays
Stocks in Taiwan were down 4% early in the first trading session after the U.S. imposed new limits on exports of semiconductors and chip-making equipment to China. ( read original story ...)
Chip Firm Socionext to Debut in Tokyo After Japan’s Biggest 2022 IPO
Chip design firm Socionext Inc. extended gains to more than 11% in its Tokyo debut after completing Japan’s largest initial public offering this year, defying recent investor pessimism about global ... ( read original story ...)
Taiwan Stocks Shrug Off Short-Selling Curb to Extend Losses
Taiwan’s stocks were poised to fall for a third day as stricter short-selling rules failed to negate the downward pressure fueled by global risk aversion.Most Read from BloombergHere’s How Weird ... ( read original story ...)
Taiwan Tightens Short Selling Rules Again to Prop Up Stocks
Taiwan’s financial regulator tightened rules on short selling for the second time in as many weeks as it sought to shore up a stock market that’s under pressure from a global selloff.Most Read from Bl ... ( read original story ...)
Taiwan stocks down more than 4% in mixed Asia trade as TSMC plunges 8%
Shares in the Asia-Pacific are poised to trade mixed on Tuesday as investors weigh the impact of monetary policy and economic uncertainty. ( read original story ...)
Elon Musk’s unsolicited idea to resolve China-Taiwan tensions praised by China, dismissed by Taiwan
China’s ambassador to the U.S. and Taiwan’s de facto ambassador to Washington have spoken out after Elon Musk suggested that Taiwan should give China some control over the self-ruled island. In an ... ( read original story ...)
China lauds Elon Musk’s suggestion that Taiwan become a ‘special administrative zone’
Musk, whose geopolitical musings have drawn widespread criticism in recent days, argued that Taiwan should cede control to the Chinese Communist Party in Beijing to avoid a broader conflict tha “My ... ( read original story ...)
Tesla CEO Elon Musk weighs in on Taiwan-China dispute
Yahoo Finance Live's Akiko Fujita discusses Elon Musk's take on Taiwan-China tensions. Yahoo Finance Live anchors discuss the dip in Tesla stock after Morgan Stanley cut its price target for the ... ( read original story ...)
Musk’s proposal for China-Taiwan relations gets slammed: Our freedom is ‘not for sale’
Tesla CEO Elon Musk recommended Taiwan become "a special administrative zone" of China with an arrangement that could potentially be more "lenient" than Hong Kong. Taiwanese politicians, which have ... ( read original story ...)