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Category: FINANCE

Posted on 03/08/2022

SPAC Digest: Blank cheque firms Global Star, Cetus Capital file for US IPO

Two new blank cheque companies that focus on Taiwan and the entire Asia Pacific region have filed to raise a combined $140 million in an initial public offering (IPO) in the US. Fintech, ... ( read original story ...)

Posted on 02/08/2022

How Belite Bio, a small, under-the-radar drugmaker, emerged as one of biotech’s best performing IPOs

Belite's shares have risen nearly 500% from their IPO price at a time when many other newly public biotech companies are struggling to hold their value. ( read original story ...)

Posted on 02/08/2022

Taiwan Tensions Raise Risks in One of Busiest Shipping Lanes

The standoff between the US and China over Taiwan has thrown a spotlight on growing risks to one of the world’s busiest shipping lanes -- even a minor disruption could ripple through supply chains. ( read original story ...)

Posted on 02/08/2022

Stock Market Today – 8/2: Stocks Fall as Pelosi Visit to Taiwan Spurs Risk-Off Bets

Stock futures point to lower open as House Speaker Nanci Pelosi's visit to Taiwan stokes geopolitical concerns; earnings on tap: AMD, Caterpillar, PayPal, Starbucks, Uber, and more ... ( read original story ...)

Posted on 02/08/2022

Semiconductor stocks under pressure as Taiwan tensions mount

China views the visit by Pelosi, second in the line of succession to the U.S. presidency and a long-time critic of China, as sending an encouraging signal to the pro-independence camp in Taiwan and ... ( read original story ...)

Posted on 02/08/2022

Taiwan Risk Joins Long List of Reasons to Shun China Stocks

The list of reasons to sell Chinese equities just keeps getting longer.Most Read from BloombergYou Won’t Like What Comes After InflationPelosi Is Expected to Visit Taiwan, Ramping Up US-China ... ( read original story ...)

Posted on 02/08/2022

Taiwan says will activate stock stabilisation fund when needed

Taiwan will activate its stock stabilisation fund to intervene in the market when needed, Deputy Finance Minister Juan Ching-hwa told Reuters, amid rising tentions with China as U.S. House of ... ( read original story ...)

Posted on 02/08/2022

Alibaba, HSBC, AIA tumble as Taiwan tensions sink Asian stocks after China promises ‘firm and strong’ measures against Pelosi’s visit

The Hang Seng Index suffers from rising cross-strait tensions as Pelosi is reported to arrive in Taipei late on Tuesday China promises 'firm and strong' measures as it considers Taiwan as a renegade ... ( read original story ...)

Posted on 02/08/2022

Chinese warplanes buzz line dividing Taiwan Strait before expected Pelosi visit – source

U.S. House of Representatives Speaker Nancy Pelosi was expected to arrive in Taipei later on Tuesday, people briefed on the matter said, as several Chinese warplanes flew close to the median line ... ( read original story ...)

Posted on 02/08/2022

Taiwan Stocks Decline as US-China Tensions Sap Risk Appetite

Taiwan stocks fell after an expected visit by US House Speaker Nancy Pelosi renewed concerns over an escalation of US-China tensions.Most Read from BloombergManchin Spending Deal Includes Billions in ... ( read original story ...)

Posted on 02/08/2022

Pelosi’s Taiwan Trip Raises Angst in Global Financial Markets

Traders are bracing for US House Speaker Nancy Pelosi’s expected arrival in Taipei Tuesday to raise tensions with China, with Taiwan’s stocks sliding and global havens the yen and Treasuries ... ( read original story ...)

Posted on 02/08/2022

Pelosi Trip Starts to Raise Angst in Global Financial Markets

Traders are bracing for US House Speaker Nancy Pelosi’s expected arrival in Taipei Tuesday to raise tensions with China, with the Taiwan dollar extending a two-year low and the haven yen rising.Most ... ( read original story ...)

Posted on 02/08/2022

Pelosi Trip Starts to Raise Angst in Asia’s Currency Markets

Traders are bracing for US House Speaker Nancy Pelosi’s expected arrival in Taipei Tuesday to raise tension with China, with the Taiwan dollar set to extend a two-year low and the haven yen ... ( read original story ...)

Posted on 02/08/2022

Taiwan dollar craters ahead of Nancy Pelosi’s visit amid heightened US-China tensions

The Taiwan dollar dropped below a symbolic threshold against the US currency ahead of Nancy Pelosi's visit to the Southeast Asian island. ( read original story ...)

Posted on 02/08/2022

Pelosi Will Reportedly Visit Taiwan Despite China’s Warnings Of Retaliation

If she goes ahead with the trip, Pelosi would become the most senior U.S. official to visit Taiwan in decades. ( read original story ...)

Posted on 02/08/2022

White House says ‘we do not support Taiwan independence’ amid reports of Pelosi visit

We have said that we do not support Taiwan independence and we have said that we expect cross-strait differences to be resolved by peaceful means’ ... ( read original story ...)

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