Chinese equities open higher after week-long break

In Sydney, the S&P/ASX was up 0.7 per cent, buoyed by the telecommunications and materials sectors. Nine Entertainment and BHP Steel were among the biggest gainers, up 4.2 and 4 per cent respectively. Stock markets in Japan, South Korea and Taiwan were off ... ( read original story ...)

Sri Lanka arrests two over hacking of Taiwan bank accounts

COLOMBO (Reuters) - Two people have been arrested in Sri Lanka for suspected money laundering from a Taiwanese bank whose computer system was hacked to enable illicit transactions abroad, police said on Monday. Police acted after state-owned Bank of Ceylon ... ( read original story ...)

Litro Gas Chairman arrested over Taiwan money transfer scandal

The bank said that on Thursday it reported the matter to Taiwan’s Financial Supervisory Commission (FSC) and the CIB, which in turn informed the International Criminal Police Organization and asked for assistance. The FSC said that it was an isolated ... ( read original story ...)

Taiwan’s CIB to send team to Sri Lanka to probe bank hacking

The bank said that on Thursday it reported the matter to Taiwan’s Financial Supervisory Commission (FSC) and the CIB, which in turn informed the International Criminal Police Organization and asked for assistance. The FSC said that it was an isolated ... ( read original story ...)

Technology trade deficit holding back industry: Legislature

According to the report, the Budget Center found that Taiwan's reliance on U.S. technology imports has risen from 36.26 percent in 2002 to 76.24 percent in 2014, while reliance on such imports from other countries that are not major sources of Taiwan's ... ( read original story ...)

Philippines says sorry to China over wrong Taiwan logo

MANILA, Philippines – The Philippine defense department has apologized to China for the "grievous but purely unintentional mistake" of using Taiwan's defense ministry logo during a ceremony where the Chinese ambassador turned over assault rifles to the ... ( read original story ...)

This Taiwan ETF Is a Backdoor Bet on Apple’s iPhone Suppliers

Try an exchange-traded fund tracking Taiwanese stocks. As Apple prepares to roll out the iPhone X, the latest version of its flagship smartphone, on Nov. 3, international investors are ramping up bets on suppliers for the device, whose shares can rise and ... ( read original story ...)

CIB to send team to Sri Lanka in probe of bank hacking case

Taipei, Oct. 9 (CNA) Taiwan's Criminal Investigation Bureau ... The Society for Worldwide Interbank Financial Telecommunication's (SWIFT) network was also compromised, which allowed the hackers to wire money to international destinations such as Sri ... ( read original story ...)