Citigroup Inc., which has been shedding some of its retail operations as part of a global revamp, is in advanced talks with Taiwan’s Fubon Financial Holding Co. for a sale of its mainland China ... ( read original story ...)
Citigroup Nears Sale of Taiwan Consumer-Banking Business
Final details of the deal with Singapore-based DBS are under deliberation, and the transaction is likely to be valued at $1.8 billion to $2.2 billion, a person familiar with the matter said. ( read original story ...)
Citigroup to sell its Taiwan business for $2 billion – report
Citigroup Inc. could soon reach an agreement to sell its consumer banking business in Taiwan to DBS Group Holdings Ltd. for a sum estimated to be between $1.8 billion and $2.2 billion, The Wall ... ( read original story ...)
Highlights of the day: Taiwan seeks semiconductor equipment self-sufficiency
Taiwan is a semiconductor manufacturing powerhouse, but it relies heavily on foreign equipment suppliers. Now the country's president has vowed to improve . A recent power outage hitting Hua Hong ... ( read original story ...)
Taiwan’s economy could grow 4.6% this year – minister
Taiwan's economy could grow up to 4.6% this year, a senior minister said on Tuesday, slightly higher than current official forecasts as the tech powerhouse island benefits from soaring demand for ... ( read original story ...)
Taiwan pays $900,000 for ally Guatemala to lobby Washington, records show
Guatemala has hired for $900,000 a major supporter of former President Donald Trump to seek influence with US officials in an unusual lobbying contract paid for by its ally Taiwan ... ( read original story ...)
Asian markets rise, Brent at highest since 2014 on recovery hope
Most Asian equities rallied Tuesday and Brent crude hit a more than seven-year high as optimism over the global recovery returned to trading floor ... ( read original story ...)
Taiwan pays $900,000 for ally Guatemala to lobby Washington
Guatemala has hired for $900,000 a major supporter of former President Donald Trump to seek influence with U.S. officials in an unusual lobbying contract paid for by its ally Taiwan, foreign lobby ... ( read original story ...)
A Coming Test on Taiwan
Most discussions about a U.S. security commitment to Taiwan implicitly assume that a military move by the People’s Republic of China would take the form of an offensive against Taiwan itself. ( read original story ...)
Three Chinese military aircraft enter Taiwan’s air defence zone, 14th intrusion in month
Three Chinese military aircraft entered Taiwan air defense identification zone ADIZ on Monday marking the 14th such incursion this month local media repor ... ( read original story ...)
Taiwan jails 5 Chinese bizmen for buying votes for Kuomintang candidate
Taipei court sentenced jail term to five Taiwanese businesspeople working in China, who were found guilty of taking money from Chinese authorities to buy votes for Chinese Nationalist Party candidate ... ( read original story ...)
Taiwan Stock Market May Extend Monday’s Gains
The Taiwan stock market bounced higher again on Monday, one session after ending the four-day winning streak in which it had advanced nearly 270 points or 1.6 percent. The Taiwan Stock Exchange now ... ( read original story ...)
What’s next in US – Taiwan technology relations?
By Erik M. Jacobs Building US-Taiwan ties In December 2021, US Secretary of Commerce (DOC) Gina Raimondo and Ta ... ( read original story ...)
Taiwan Semi is a no-brainer right now, this investor says
Investors wanting to climb aboard Taiwan Semiconductor shouldn’t worry, says portfolio manager David Fingold, since even as TSMC is hitting new highs, the stock is a great way to play the global chip ... ( read original story ...)
The Real Reason America Banned Huawei Phones
Huawei’s revenue took a 29% hit in 2021 (via The Wall Street Journal), with the company blaming U.S. sanctions for its woes. Once the world’s number one smartphone maker, the company ... ( read original story ...)
‘Not ruled out use of force’ China ambassador blasts EU over Taiwan trade negotiations
CHINA's Ambassador to France has "not ruled out the use of force" amid rising tensions with Taiwan and anger in Beijing over EU-Taiwan trade talks. ( read original story ...)