Category: FINANCE

China's Ant Group is in talks with other shareholders in its new consumer finance unit to bolster the firm's capital as the fintech giant prepares to fold in its lucrative micro-lending businesses, ... ( read original story ...)

CTBC Bank did not miss a beat in the Taiwanese loan market in 2020, cementing its leading position with senior roles on deals from acquisition financings to wind farm projects. It added to its ... ( read original story ...)

The one with Beijing involving the Diaoyu Islands is viewed as the most volatile, while analysts see little likelihood of progress with Moscow over the Kuril Islands. ( read original story ...)

Home-sharing site Airbnb posted a $3.9 billion loss in the fourth quarter of 2020 as it suffered from the pandemic downturn in travel and recorded one-time costs for becoming a public company. In ... ( read original story ...)

Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, ... ( read original story ...)

Expectations the global economy will rocket have helped equities surge in recent weeksFed boss Jerome Powell for a second day reiterated ... ( read original story ...)

GameStop Corp shares surged anew after chief financial officer (CFO) Jim Bell was pushed out in a disagreement over strategy, a move investors took as a sign that the video game retailer is on the ... ( read original story ...)

Somaliland international partner Taiwan has allocated US Dollars 2 million to help finance the forthcoming May 31, 2021, parliamentary and civic elections in the country. The money will be used to ... ( read original story ...)

Taiwan's drive to plug a global shortage of microchips has hit a snag — a lack of water for its foundries caused by a drought. ( read original story ...)

A 23-year-old second lieutenant in Taiwan’s armed forces has found overnight fame after her picture went viral online thanks to her resemblance to Taiwanese celebrity Wu Yang-lin .The Youth Daily News ... ( read original story ...)

DFI and Canonical, the publisher of Ubuntu, signed the IoT Hardware Certification Partner Program. DFI is the world's first industrial computer manufacturer to offer Ubuntu-certified IoT hardware ... ( read original story ...)

Taiwan Semiconductor Manufacturing Co. is set to sell local currency bonds Thursday, as it prepares for a spending blitz amid a global chip shortage.The world’s largest maker of chips for other ... ( read original story ...)

The head of the Indian central bank yesterday said he is concerned that cryptocurrencies might affect financial stability in Asia’s third-largest economy, a view that could shape regulations on the ... ( read original story ...)

Moody’s Investors Service yesterday affirmed Taiwan’s sovereign credit rating of “Aa3” and changed its credit outlook for the nation to “positive” from “stable,” the first time the ratings agency has ... ( read original story ...)

Asian markets suffered fresh losses Wednesday as concerns about rising inflation and frothy equity prices continued to sap confidenceGlo ... ( read original story ...)

Chinese private equity firm Boyu Capital, an investor in Chinese technology titans including billionaire Jack Ma’s Ant Group, is raising a new, China-focused fund targeting as much as $6 billion, ... ( read original story ...)