Generous Indonesians donating their spare change to the poor and needy are unwittingly helping finance deadly terror attacks and militant training camps, in a scam that has netted big money for ... ( read original story ...)
Taiwan’s Fubon Life Insurance commits $65m to Coatue’s growth fund
The Coatue fund had previously received a $50 million commitment from Taiwanese insurer Cathay Life Insurance. ( read original story ...)
Wisdom Marine orders kamsarmax trio at Tsuneishi
Taiwanese bulk shipping operator Wisdom Marine has placed an order at Tsuneishi Shipbuilding for three kamsarmax bulk carriers worth $102m. The new order follows last year’s deal for 82,000 dwt ... ( read original story ...)
CCP turns 100, Phuket reopens and Didi IPO
Elsewhere in the region, Taiwan will kick off its annual shareholder meeting season amid special COVID rules, while Thailand will open the island of Phuket to vaccinated foreign tourists with no ... ( read original story ...)
Record number of investors are day trading, FSC says
The number of day traders surpassed 3 million for the first time last month, accounting for a record 14.5 percent of all investors, as more embraced day trading amid a bullish stock market, Financial ... ( read original story ...)
COVID-19 insurance sales soaring during level 3 alert
Taiwan’s insurers had sold 7.15 million policies covering losses due to COVID-19-related quarantines and vaccine adverse reactions, up 42 percent from the end of last month, as a surge in COVID-19 ... ( read original story ...)
Amber Group Raises $100 Million in Series B Funding at $1
Amber Group ( the leading crypto trading and technology firm, announced today it had raised $100 million in Series B funding from China Renaissance Group , Tiger Brokers, Tiger Global Management, ... ( read original story ...)
Minister Fortier participates in informal APEC Finance Ministers’ Meeting
Yesterday, the Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance, participated in the virtual Asia-Pacific Economic Cooperation (APEC) Informal Finance ... ( read original story ...)
Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) Has Decreased By 107.21 Percent This Year. Is It A Better Buy Than Others?
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s traded shares stood at 2.04 million during the latest session, with the company’s beta value hitting 0.90. At the last check today, the ... ( read original story ...)
Price of Traditional Chinese Medicine Jumps Sixfold, a Solar First for Xinjiang, Taiwan’s Covid-19 Death Rate
While these headlines can help give you a sense of what’s trending in the Chinese language sphere, the veracity and accuracy of the headlines hasn’t been independently verified by Caixin. Internet ... ( read original story ...)
The U.S. is the country most vulnerable to a new financial crisis, Nomura warns
Nomura says a new model correctly signalled two-thirds of the past 53 crises in 40 countries since the early 1990s, and it is currently warning that ... ( read original story ...)
Chinese ride-hailing giant Didi Chuxing plans to raise up to US$4 billion in US IPO
Didi Chuxing plans to sell 288 million shares at US$13 to US$14 each in its US IPO. The sale could value the entire firm at US$67 billion, compared with US$95 billion for Uber Technologies. ( read original story ...)
Amber Group Raises $100 Million in Series B Funding at $1 Billion Valuation
With a presence in Hong Kong, Taipei, Seoul, and Vancouver ... "Amber Group has established itself as a category leader with its innovative crypto finance offerings, professional team, and trustworthy ... ( read original story ...)
Luckin Coffee Failed but Cheese-Flavored Bubble Teas Are Coming
Originally from Taiwan, the beverage was introduced to mainland China back in the 1990s. So why have bubble tea chains become the hot new unicorns? ( read original story ...)
COVID-19: Changes approved for COVID-19 relief
The Executive Yuan yesterday approved changes to a COVID-19 relief program, including payments of NT$100,000 (US$3,571) to surviving kin of people who have died from COVID-19, as well as subsidies for ... ( read original story ...)
Fitch Assigns Final ‘A’ to BOCOM International Holdings’ Guaranteed MTN Programme and USD Notes
Fitch Ratings has assigned a final 'A' rating to Hong Kong-based BOCOM International Holdings Company Limited (BOCOM Int ... ( read original story ...)