Heading south: CTBC joins forces with Thai financial group LHFG

TAIPEI, Taiwan — CTBC Financial Holding Co. has announced that its subsidiary CTBC Bank has completed its purchase of a 35.6 percent stake in Thailand's LH Financial Group Public Co. Ltd. (LHFG). The purchase, first announced in March, marked the first ... ( read original story ...)

Win Streak Likely To End For Taiwan Stock Market

Taiwan Cement gained 0.29 percent, Fubon Financial added 0.64 percent, Cathay Financial collected 0.31 percent and Mega Financial was unchanged. The lead from Wall Street is inconclusive as stocks hovered near the unchanged line before ending on opposite ... ( read original story ...)

Regulator mulls options for Formosa market

Taiwan’s Financial Supervisory Commission FSC banned Formosa bonds with call options of less than five years in late May. The decision had an immediate impact on international issuers since they... ( read original story ...)

Gov. Walker: Wisconsin was outbid for Foxconn but still won

Scott Walker said Tuesday. Walker said “at least one if not several other states were prepared to give the Taiwan-based company more money, although the governor added “it wasn’t a huge gap.” He didn’t indicate which state or states topped the ... ( read original story ...)

The Latest: Foxconn may consider additional Wisconsin sites

3:45 p.m. House Speaker Paul Ryan says he touted federal job-training benefits and tax credits that make the United States competitive when Taiwan-based Foxconn was considering whether to build its first plant outside of Asia in Wisconsin. The company ... ( read original story ...)