Foxconn’s economic impact study fails to show the math

“Our lawmakers, if they ever hear of an economic impact study, they should just recoil in fear,” said John Spry, economist and finance professor at the University ... formally Hon Hai Precision Industry Co., is from Taiwan. The company mostly builds ... ( read original story ...)

Profit from these five investment trends over the next decade

What is it – Premium China Fund invests mostly in companies listed in Hong Kong, mainland China and Taiwan. It can also invest in companies ... water rights, agribusiness finance and real property. Returns – From inception in June 2014 to June 30 ... ( read original story ...)

‘South China Sea claimants will suffer if harsh to China’

China claims about 90 percent of the entire South China Sea but this is being contested by Taiwan and four ASEAN members – the ... Del Rosario warned the Philippines against entering into financial agreements with China. “By entering into weighty ... ( read original story ...)

India considers dumping Nigeria’s oil for US crude

India is the latest Asian country to buy US crude, following South Korea, Japan, China, Thailand, Australia and Taiwan, after OPEC cuts drove up ... Ramaswamy, HPCL’s finance chief, said the company is evaluating if Nigerian sweet oil can be replaced ... ( read original story ...)

LH Bank reveals asset growth plan

Land and Houses Bank (LH Bank) is aiming for double-digit growth in assets over the next three years, with a focus on corporate loans, after Taiwan-based CTBC Bank's acquisition of nearly a 36% stake in the bank's parent, LH Financial Group. The bank's ... ( read original story ...)

Taiwan shares stage mild rebound

Sun Financial Holding Co. (玉山金 ... It was no surprise that the market in Taiwan failed to make a big move today," Chu said. "Moreover, investors should pay close attention to the July non-farm payroll data due out later in the day in Washington ... ( read original story ...)

Airport retailers fight against travellers’ diminishing time

Meanwhile, the election of president Tsai Ing-wen in Taiwan — which China considers its sovereign ... Acquisitive Chinese conglomerate HNA Group, which has interests from airlines to finance, plans to buy a 16.8 per cent stake — although the ... ( read original story ...)

Stocks, dollar rise after strong US jobs report

Australia’s S&P/ASX 200 slipped 0.3 percent to 5,720.60. Benchmarks in Singapore and Indonesia fell but markets in Taiwan and other Southeast Asian countries advanced. OIL: Benchmark U.S. crude lost 10 cents to $48.93 per barrel in electronic trading on ... ( read original story ...)

HPCL aims to buy US oil in next few months

India is the latest Asian country to buy US crude, following South Korea, Japan, China, Thailand, Australia and Taiwan, after OPEC cuts drove up ... opens due to global oil supply cuts. HPCL's finance chief J. Ramaswamy said the company is evaluating ... ( read original story ...)

Cambodian police arrest 175 Chinese suspects in phone fraud

Last month, police in neighboring Thailand arrested 44 people — 19 Chinese citizens and 25 Taiwanese — who they said made internet calls in which they claimed to be banking officials and accused their targets of financial crimes. The targets would then ... ( read original story ...)

Baccarat binge helped launder the world’s biggest cyber-heist

Walk along the zig-zag lanes of Chendai, a Chinese town on the Taiwan Strait, and you’ll see a lot of Dings ... to maintain covert bank accounts and interact with the global financial system. (Priscilla Fong, a spokeswoman for Macau’s Financial ... ( read original story ...)

The first reading for second quarter GDP came in at +2.6%

Cyclical, value oriented sectors such as Materials, Technology, Energy, and Financials led the way ... Samsung, Alibaba, Tencent, Taiwan Semiconductor, which has helped propel both Tech and EM indices to multi-year highs. Samsung notably reported record ... ( read original story ...)