Category: FINANCE

Fubon Financial Holding Co on Friday last week said it would extend its tender offer for Jih Sun Financial Holding Co by 50 days until March 23, as the company’s hostile takeover of its smaller rival ... ( read original story ...)

In a four-year campaign to root out risks to China’s financial system, regulators have set upon their biggest target yet: the world’s largest financial technology sector. All three financial watchdogs ... ( read original story ...)

India plans to introduce a law to ban private cryptocurrencies such as bitcoin and put in place a framework for an official digital currency to be ... ( read original story ...)

Tencent-backed Kuaishou Technology (1024 Hong Kong) will list at the top of its listing range at HK$115 apiece, raising US $5.42B and valuing the company at US $60.9B according to Reuters. Amazingly, ... ( read original story ...)

GameStop Corp on Thursday plummeted, snapping a dizzying six-day rally and wiping out nearly US$11 billion in market value after brokers choked off demand for the stock by curbing trading on the apps ... ( read original story ...)

The former head of a Chinese state-owned asset management company was executed Friday on charges of taking bribes in one of the most severe penalties imposed in ... ( read original story ...)

Biden administration officials have called an ad-hoc meeting next week with Taiwan government and industry officials, during which they’re expected to pressure Taiwan Semiconductor Manufacturing Co. ( read original story ...)

Taiwan's economic growth last year outpaced China for the first time in 30 years. The island's gross domestic product expanded 2.98% in 2020, faster than the 2.3% of its neighbor across the Taiwan ... ( read original story ...)

The Taiwan stock market turned emphatically lower again on Thursday, one day after halting the three-day slide in which it had ... ( read original story ...)

In 1990, Taiwan was a $166 billion economy dominated by exports of consumer electronics and plastic goods, while China had just opened its first McDonald’s restaurant, an early milestone in its reform ... ( read original story ...)

The Taipei Game Show opened yesterday with a series of virtual and physical events, and the number of in-person attendees limited to 7,000 per day due to COVID-19 regulations. There are also fewer ... ( read original story ...)

The local finance sector reported combined pretax profit of NT$675.7 billion (US$23.77 billion) last year, up 6.5 percent from a year earlier, the Financial Supervisory Commission said yesterday, ... ( read original story ...)

Landsberg Bennett & Dubbaneh LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 6.6% during the 4th quarter, according to the company in its most recent ... ( read original story ...)

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is “expediting” auto-related products through its wafer fabs and reallocating wafer capacity, the company said on Thursday, amid a global shortage of ... ( read original story ...)

Financial markets experienced a minor taper tantrum overnight, although my mother, having endured years of bringing up a highly-strung devil child, would even rate it as a minor flesh wound. Equity ... ( read original story ...)

The Taiwan stock market on Wednesday wrote a finish to the three-day slide in which it had stumbled almost 500 points or 3 percent. The Taiwan Stock Exchange now sits just above the 15,700-point ... ( read original story ...)