UK finance head ditches Truss’ entire program

After the backlash against Truss’ plan pushed up borrowing costs for the UK government, the package of £32 billion (US$36.2 billion) is less than half of what economists say the government might need ... ( read original story ...)

Global wealth report ranks Taiwan No. 1 in Asia

Taiwan ranked first in Asia and fifth globally in terms of net financial assets per capita, the Allianz Global Wealth Report 2022 said. With net financial assets per capita of 138,220 euros ... ( read original story ...)

Preparedness for financial stress improves: study

With economic effects of the COVID-19 pandemic easing, Taiwanese are about as financially resilient as Britons, Americans and people in other major economies in terms of keeping savings, meeting ... ( read original story ...)

UK’s Truss fires finance minister

The chancellor of the exchequer was dismissed in person by Truss after he rushed back early from international meetings in Washington, multiple media reports said, and she was due later to hold her ... ( read original story ...)

Mobileye IPO: Should You Buy?

Intel proposed spinning off Mobileye last year, and just filed the paperwork for an IPO. Mobileye has been growing sales at a 36% CAGR over the last five years. The IPO market for tech stocks has been ... ( read original story ...)