Category: FINANCE

Jan.29 -- The half a billion dollar theft in Japan on the Coincheck Exchange could be a cautionary tale for Taiwan, which has been looking to possibly fill the cryptocurrency void in Asia following the crackdowns in China and South Korea. Bloomberg's ... ( read original story ...)

CTBC Financial lost 1.17 percent, Taiwan Steel Union eased 0.03 percent and China Steel was unchanged. The lead from Wall Street suggests mild consolidation as stocks failed to sustain an early upward move Wednesday before finishing mixed - although the ... ( read original story ...)

For the day, the index gathered 13.79 points or 0.12 percent to finish at 11,165.95 after trading between 11,131.85 and 11,268.61 on turnover of 160.29 billion Taiwan dollars. Among the actives, Cathay Financial shed 0.18 percent, while Fubon Financial ... ( read original story ...)

Sales generated by Taiwan’s retail sector and by the food and beverage sector both set new record highs in 2017, and 2018 could be another good year for them, according to the ministry of economic affairs, CNA reported. The MOEA said it was bullish on ... ( read original story ...)

Taipei, Jan. 26 (CNA) President Tsai Ing-wen (蔡英文 ... As for new housing locations, Tsai said the Finance Ministry, the (MOI) and the Defense Ministry will make 350 hectares of government land available for city and county governments for social ... ( read original story ...)

Taiwan Semiconductor Manufacturing Co. TSM reported fourth-quarter 2017 earnings of 64 cents per ADR, which exceeded the Zacks Consensus Estimate. Further, it increased 13% sequentially and 5% year over year. Moreover, revenues increased 5.9% year over ... ( read original story ...)

TAIPEI, TAIWAN, January 18, 2018 /24-7PressRelease/ — Analysts ... Clifford Beaumont analysts believe that this decline could indicate that the financial pressure on UK households could decrease over the next few months. In the first fall since June ... ( read original story ...)

The financial results for 2017 along with the profit distribution ... programme and was listed on the Taipei Stock Exchange. Under this programme, a US$ 630 million tranche was issued with a maturity of 30 years callable every 5 years. ( read original story ...)

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’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 ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)