The HSR covers almost the whole island from the capital Taipei to Tainan city. With a starting cost of $14 billion, the service was started in 2007. By 2014, the project was at the edge of bankruptcy with only 50% of the expected passenger traffic. ( read original story ...)
China’s Property Developers Drag Hang Seng Index Lower
Hong Kong's Hang Seng Index was dragged down 1% today, with Chinese property developer stocks among the worst ... dependent on Apple for almost 50% of its revenue, slipped 6.5%. Taiwan's benchmark Taiex, home to many Apple supply chain stocks, was 1.09% ... ( read original story ...)
Taiwan shares dive in morning session; HTC extends gains
Taiwan-based smartphone brand HTC Corp. (宏達電), however ... Under the deal, Google will obtain a non-exclusive license for HTC intellectual property, while some 2,000 HTC engineers will go to work for the U.S. company. Through HTC's ODM services ... ( read original story ...)
EMERGING MARKETS-Asian tech, property shares take emerging stocks to 2-wk low
Falls were led by bourses in Asia, where heavyweight Hong Kong tumbled 1.3 percent and Chinese mainland stocks fell 0.5 percent led by property firms after some cities imposed new housing curbs on the overheated market. Taiwan's index tumbled more than 1 ... ( read original story ...)
Singapore crowned best city of the future
Second place in the Asia-Pacific Cities of the Future overall was Tokyo, whose success is attributed to job creation in the telecommunications industry ... Tokyo came in third. Overall, Taipei was ranked sixth, ahead of Beijing, Sydney, Osaka and Kuala ... ( read original story ...)
Cathay Financial forecasts Taiwan’s 2018 GDP growth at 2%
Taipei, Sept. 25 (CNA) Cathay Financial Holding Co. (國泰金), one of Taiwan's leading financial holding companies, on Monday projected that the domestic economy will grow by 2 percent in 2018, slightly slower than its forecast growth for 2017. ( read original story ...)
July-August winning uniform invoice numbers released
Taipei, Sept. 25 (CNA) The winning number for the NT$10 million (US$338,000) special prize in the July-August uniform invoice lottery is 33612092, the Ministry of Finance (MOF) announced Monday. The prize must be claimed by Jan. 5, 2018, the ministry said ... ( read original story ...)
Rap and the Party: China taps youth culture to hook millennial cadres
"There's only one China, HK, Taipei, they are my fellas," ran the lyrics of the ... though the band says there was no other financial backing. The party connection deepened in September last year when Beijing sent the band to Woody Island, in a disputed ... ( read original story ...)
Hip hop with Chinese characteristics: the Communist Party plan to hook millenials
“There’s only one China, HK, Taipei, they are my fellas,” ran the lyrics of the ... though the band says there was no other financial backing. The party connection deepened in September last year when Beijing sent the band to Woody Island, in a ... ( read original story ...)
HKEX’s delisting proposal lacks needed firepower
At the time Frederick Ma Si-hang, Secretary for Financial Services and the Treasury apologised ... Nasdaq delists any company trading below US$1 for 30 days. In Taipei, companies can be removed from the exchange if the market capitalisation falls below ... ( read original story ...)
‘Sing! China’ concert in Taiwan halted amid protests
A music concert in Taiwan descended into chaos over the weekend when independence activists clashed with pro-China groups, with three people injured in the scuffles. The incident comes amid heightened tensions between the self-ruled island and the mainland ... ( read original story ...)
Pacific Islanders start Taipei leg of young leaders’ training program
Taipei, Sept. 25 (CNA) The Taipei segment of an annual training program for young leaders from the Pacific Islands kicked off Monday, with the participation of 27 trainees from 10 countries. Over the next four weeks, the participants will engage in ... ( read original story ...)
Why the US may lose the war for influence in the Pacific to China
Why risk Los Angeles for Seoul or Taipei? I'd like to think White is too pessimistic ... Australia's scandal of the year concerns two Chinese-born property developers, both allegedly connected to the Chinese Communist Party, who funnelled more than ... ( read original story ...)
Gogoro Announces USD 300 Million Series C Investment Round To Drive New Expansion, Research And Development
24, 2017 : Gogoro, a technology leader transforming how innovation is bridging ... Gogoro launched Smartscooter EV and Gogoro Energy Network in 2015 in Taipei and rolled it out across Taiwan with strong momentum and success. "It is great to see new ... ( read original story ...)
2017 USC Global Conference draws to a close in Tokyo
I have long believed that science and technology are mainly the means to an end — but ... Subsequent conferences were held in Shanghai; Seoul, South Korea; Hong Kong; and Taipei, Taiwan. Cesar Jimenez Jr. has help — from his wife, a service dog ... ( read original story ...)
Week In Review: Zai Lab Completes $150 Million U.S. IPO; Investors Push Valuation To $1.4 Billion
Using Infervision technology, a doctor's time-per-scan could be reduced from ten minutes to five seconds, the company said. Qiming Venture Partners led the B round, joined by Sequoia Capital China and Genesis Capital. XW Laboratories of Wuhan and Taipei ... ( read original story ...)