Timeline: the yuan’s journey to being a truly global currency

2011, April: First yuan-denominated IPO in Hong Kong with the listing of Hui Xian Real ... 2013, January: PBOC appoints Bank of China’s Taipei branch as yuan clearing bank for Taiwan. First cross-border yuan loans authorised with 15 banks in Hong Kong ... ( read original story ...)

Two men arrested over HK$67m tech firm scam

After setting up the company in 2016, he said fraudsters held investment talks in Hong Kong, Taiwan and the mainland, claiming people could get returns of up to five percent on their investments. They also allegedly claimed to be planning an IPO in the US ... ( read original story ...)

News Highlights: Top Company News of the Day

Watch Where the Money Goes After SoftBank Telco IPO The Japanese tech conglomerate is considering ... of combat aircraft and that it has suffered an unrelated legal setback in Taiwan. Ford Increasing Electric Vehicle Investment A top Ford Motor executive ... ( read original story ...)

Is Synnex Corp about to acquire Ingram Micro?

As a result, the trading halt has led to increased speculation that the distributor could be sold, with fellow titan of industry Synnex Corporation - which operates independently from the Taiwan-headquartered ... take place in a re-IPO [initial public ... ( read original story ...)

Profit Taking Tipped For Taiwan Bourse

Taiwan Steel plunged 6.00 percent, Nan Ya Plastics spiked1.92 percent, Fubon Financial collected 0.57 percent, CTBC Financial soared 2.87 percent, Mega Financial jumped 1.00 percent, E. Sun Financial climbed 1.29 percent and Cathay Financial was unchanged. ( read original story ...)

China rebukes Zara, Delta for calling Taiwan ‘country’

BEIJING (AP) -- Chinese regulators rebuked fashion brand Zara, Delta Air Lines and medical device maker Medtronic on Friday for calling Taiwan a country on their websites in a fresh show of Beijing's acute sensitivity about the self-ruled island. ( read original story ...)

Marriott apologizes after listing Taiwan, Tibet as countries

BEIJING — The Marriot hotel chain apologized Thursday to China's government for referring to Tibet and self-ruled Taiwan as countries in a customer survey that news reports said Chinese police investigated as a possible crime. Marriott International ... ( read original story ...)

Marriott apologies after listing Taiwan, Tibet as countries

BEIJING — The Marriot hotel chain apologized Thursday to China's government for referring to Tibet and self-ruled Taiwan as countries in a customer survey that news reports said Chinese police investigated as a possible crime. Marriott International ... ( read original story ...)

Taiwan Shines a Light in the Darkness with Fintech Sandbox

Taiwan has moved one shuffling step closer to being a financial technology (fintech) hub in Asia by creating a regulatory framework for the most innovative companies in the sector to experiment. Under the Financial Technology Innovation Experimentation Act ... ( read original story ...)

Taiwan IPO activity seen to remain soft in 2018

The initial public offering market in Taiwan was unable to sustain its momentum after posting a contracted growth this year. Experts also expect that the IPO activity will continue to be soft next year as companies prefer to list somewhere else. According ... ( read original story ...)

Taiwan Shares Draw Green Light For Thursday

The TSE finished modestly higher on Wednesday following gains from the financials, chemicals and steel companies, while the technology stocks came in mixed. Among the actives, Taiwan Semiconductor Manufacturing Company shed 0.44 percent, while Catcher ... ( read original story ...)