Jack Ma’s Ant to lift IPO funding target to US$35bn

Jack Ma’s (馬雲) Ant Group (螞蟻集團) is seeking to raise at least US$35 billion in its initial public offering (IPO) after assessing early investor interest, people familiar with the matter said, putting ... ( read original story ...)

Tech Shares May Fuel Taiwan Stock Market Rebound

E Sun Financial surrendered 1.73 percent, Taiwan Semiconductor Manufacturing Company shed 0.68 percent, United Microelectronics Corporation dipped 0.20 percent, Hon Hai Precision lost 0.78 percent, ... ( read original story ...)

Singapore, HK No. 1 for dodgy bank transactions

Singapore and Hong Kong were the biggest destinations for suspect transactions in Asia, even though the financial centers saw just a small fraction of an estimated US$2 trillion in potentially dodgy ... ( read original story ...)

FSC to ease rules for offshore banking unit accounts

“We will research what we can do based on the commission’s specific instructions after we receive the regulator’s formal documents,” Shin Kong Financial spokesman Sunny Hsu (徐順鋆) told the Taipei Times ... ( read original story ...)

Cathay lowers GDP growth forecast for second time

Hsu Chih-chiang, an economics professor at National Central University and the head of a research team commissioned by Cathay Financial Holding Co, speaks at a news conference in Taipei yesterday. ( read original story ...)