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Category: FINANCE

Posted on 22/08/2024

Taiwan stocks higher at close of trade; Taiwan Weighted up 0.09%

Taiwan stocks were higher after the close on Thursday, as gains in the Biotech&Medical Care, Electricity and Machinery sectors led shares higher.

Posted on 22/08/2024

Premier Energies IPO opens on August 27; check price band, issue size & more

The IPO of Premier Energies includes a fresh share sale of Rs 1,291.4 crore and OFS of up to 3.42 crore shares by its promoters and existing shareholders worth to Rs 1,539 crore.

Posted on 22/08/2024

Taiwan defense spending to outpace GDP growth as China threat rises

China in March announced a 7.2% rise in defense spending for this year to $234.10 billion outpacing the economic growth target of around 5% for 2024, though accounting for only some 1.3% of GDP ...

Posted on 22/08/2024

Taiwan Plans Record Military Spending as China Threat Looms

Taiwan will spend a record amount on defense next year, boosting its expenditure for eight straight years as it tries to deter an increasingly assertive China.

Posted on 21/08/2024

Taiwan Semiconductor’s $11B German Fab Kicks Off with Major Industry Support

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) broke ground in eastern Germany on its first European plant, marking the construction of the 10 billion euros ($11 billion) fab in Dresden. The state ...

Posted on 21/08/2024

QVC Exports IPO fully booked on first bidding day on huge retail demand; check GMP, subscription status, other details

Additionally, the company has been consistently exporting its products to numerous countries, including but not limited to Taiwan, Japan ... The registrar for the QVC Exports IPO is Cameo Corporate ...

Posted on 21/08/2024

Leading TPP Politician Suspended Over Campaign Finance Scandal – TaiwanPlus News

TPP Legislator Vivian Huang has been suspended from the party for three years after a campaign finance scandal exploded into local headlines. Two other campaign staffers have been kicked out of the ...

Posted on 21/08/2024

Yuanta and Uni-President fined for ‘misleading’ Taiwan ETF adverts

Yuanta Funds, Taiwan’s largest local ETF issuer, has been fined NT$900,000 ($27,864) for the inappropriate advertisement of its Yuanta Funds’ Taiwan Value High Dividend ETF, according to an ...

Posted on 20/08/2024

Interarch Building Products IPO Oversubscribed 10.83 Times

Interarch Building Products IPO received 10.83 times subscription on day 2, with strong demand from non-institutional investors and retail investors. The IPO, priced at Rs 850-900 per share, is set to ...

Posted on 20/08/2024

Taiwan’s CTBC Financial Plans to Buy Rival Shin Kong

Taiwan’s CTBC Financial Holding Co. said it plans to buy smaller rival Shin Kong Financial Holding Co., a move that could form the island’s largest financial conglomerate.

Posted on 20/08/2024

QVC Exports IPO price band set at ₹86 per share; SME issue to open on August 21

QVC Exports IPO price band has been fixed at ₹86 per share. The company plans to raise ₹24.07 crore from the fixed price issue which is a combination of fresh issue of 20.5 lakh equity shares worth ...

Posted on 20/08/2024

Shin Kong Shares Surge in Taiwan on Reports It Will Be Acquired

Shin Kong Financial Holding Co.’s shares jumped 6.3% on Tuesday after local media reported that the Taiwanese conglomerate, which has insurance, brokerage and underwriting businesses, was close to ...

Posted on 20/08/2024

Single renters earning less than NT$626,00 per year exempt from Taiwan tax

TAIPEI (Taiwan News) — Finance Minister Chuang Tsui-yun (莊翠雲) on Monday (Aug. 19) said that single people who rent an apartment and make less than NT$626,000 (US$19,000) a year will be exempt from ...

Posted on 19/08/2024

Ko outlines reforms for Taiwan People’s Party amid financial scandals

TAIPEI (Taiwan News) — As the Taiwan People’s Party (TPP) and its Chair Ko Wen-je (柯文哲) are embroiled in scandals related to corruption, political donations, and party finances, Ko gave a presser on ...

Posted on 19/08/2024

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As of August 16 at 9:30 AM GMT+8. Market Open.

Posted on 19/08/2024

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At close: August 16 at 9:47 AM GMT+8 ...

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