Taipei, Jan. 25 (CNA) The winning number for the NT$10 million (US$343,949) special prize in the November-December uniform invoice lottery is 75350343, the Ministry of Finance (MOF) announced Thursday. The prize must be claimed by May 7, 2018, the ministry ... ( read original story ...)
Taiwan regulator eases insurers’ investment limits in futures funds
Taiwan’s financial regulator, the Financial Supervisory Commission (FSC), has relaxed limits on how much insurance companies can invest in equity futures funds and futures exchange-traded funds (ETFs). Taiwanese insurers can now invest up to 10% of their ... ( read original story ...)
EM ASIA FX-Taiwan dollar, Chinese yuan gain; S.Korean won slips
CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 110.150 110.29 +0.13 Sing dlr 1.317 1.3169 +0.01 Taiwan dlr 29.280 29.402 +0.42 Korean won 1071.900 1070.2 -0.16 Baht 31.750 31.83 +0.25 Peso 51.080 51.1 +0.04 ( read original story ...)
Free Post Earnings Research Report: Taiwan Semiconductor’s US Dollar Revenue Jumped 11.6%; ADR Advanced 5%
TSMC reported its fourth quarter and fiscal 2017 operating and financial results on January 18 ... and the inside line on companies that matter to you. This morning, Taiwan Semiconductor Manufacturing most recent news is on our radar and our team decided ... ( read original story ...)
UK/Taiwan Talks Smooth Way for Increased Trade
The ministers also agreed to deepen links between the UK and Taiwan’s leading financial sectors, building on the UK’s £176 million of financial services exports to Taiwan last year. In particular, the UK will offer its expertise in financing renewable ... ( read original story ...)
FSC mulls establishment of pure digital banks
Taipei, Jan. 23 (CNA) The Financial Supervisory Commission (FSC) is studying the possibility of allowing the banking sector to open banks that operate exclusively online in a bid to strengthen financial technology in Taiwan, FSC Chairman Wellington Koo ... ( read original story ...)
Despite MOF hype, small investors not the winners of new tax code
Taipei, Jan. 19 (CNA) The Ministry of Finance (MOF) has pitched its new tax code as being beneficial to small investors because of the tax credit they will get on dividend income, but in fact big shareholders are likely to be the major beneficiaries of the ... ( read original story ...)
Cathay Financial-Nova Scotia deal still on — sources
IT has been just over seven months since Cathay Financial Holding Co, Taiwan’s largest financial group, agreed to acquire Bank of Nova Scotia Bhd (Scotiabank) for US$255 million last May, a move that would have made it the first Taiwanese group to own a ... ( read original story ...)
High Open Called For Taiwan Stock Market
For the day, the index jumped 79.28 points or 0.72 percent to finish at the daily high of 11,150.85 after moving as low as 11.095.85 on turnover of 133.51 billion Taiwan dollars. Among the actives, Cathay Financial collected 0.18 percent, while Fubon ... ( read original story ...)
AGC Biologics to Hold Technical Seminar in Taiwan
BOTHELL, Washington, Jan. 22, 2018 /PRNewswire/ -- AGC Biologics, a global leader in clinical and commercial manufacturing of therapeutic proteins, announced today the company will hold a technical seminar in Taipei City, Taiwan, exclusively focused on ... ( read original story ...)
Taiwan firms to face anti dumping tariffs in South Korea
The MOEA said the KTC has suggested that anti-dumping tariffs should be slapped on PET film makers, not only from Taiwan but also from Thailand and the United Arab Emirates (UAE) by South Korea’s Ministry of Strategy and Finance (MOSF). Firms from ... ( read original story ...)
Taiwan shares end moderately higher
Taipei, Jan. 16 (CNA) Shares in Taiwan closed moderately higher on Tuesday as select large-cap stocks, in particular in the electronics and financial sectors, received boosts late in the session, helping the broader market recoup early losses, dealers said. ( read original story ...)
Continued Support Called For Taiwan Stock Market
Taiwan Cement climbed 1.05 percent, Fubon Financial skidded 1.09 percent, Cathay Financial shed 0.53 percent and United Microelectronics Corporation, CTBC Financial, Mega Financial and Hon Hai Precision were unchanged. The lead from Wall Street is roundly ... ( read original story ...)
Aviva : Completes Sale of Taiwan JV
First Aviva Life ('Aviva Taiwan'), to Aviva's joint venture partner, First Financial Holding Co. Ltd. ('FFH'). The sale of Aviva Taiwan, which was announced on 13 October 2017, follows a review of the business and Aviva's strategic decision to refocus its ... ( read original story ...)
Taiwan businessman in N. Korea oil probe attempts suicide
"I would not do business with North Korea," he was quoted by the agency as saying. Taiwan's justice ministry last week announced a ban on all financial dealings with Chen and froze his companies' bank accounts due to the ongoing investigation into his ... ( read original story ...)
Taiwan blocks China flights after route row
Taiwan has blocked nearly 200 flights by Chinese airlines over the strait that separates the two rivals due to the carriers' use of controversial new travel routes introduced by China. Taipei has repeatedly called for four new flight paths to be cancelled ... ( read original story ...)