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Tag: banking

Posted on 05/01/2024

Founder of Taiwan’s ACE Exchange David Pan Arrested on Fraud Charges Totaling $32.1M

The founder of ACE Exchange, one of Taiwan's largest cryptocurrency exchanges, has been arrested on suspicion of orchestrating a fraudulent scheme involving worthless cryptocurrencies.

Posted on 05/01/2024

Foxconn December sales fall 26.9% from a year earlier in Taiwan

Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Friday reported ...

Posted on 05/01/2024

Huawei Teardown Shows 5nm Laptop Chip Made in Taiwan, Not China

Huawei Technologies Co.’s newest laptop runs on a chip made by Taiwan Semiconductor Manufacturing Co., a teardown of the device showed, quashing talk of another Chinese technological breakthrough.Most ...

Posted on 04/01/2024

Do You Think Taiwan Semiconductor Manufacturing Company Limited (TSM)’s Product Portfolio is Robust?

Bonsai Partners, an investment management company, released its Q3 2023 Investor letter. A copy of the same can be downloaded here. In the third quarter, the fund declined -2.8% net of fees and ...

Posted on 04/01/2024

2024 Elections: TPP’s Wu says missing financial info ‘being handled’

Legislator and vice presidential candidate Cynthia Wu (吳欣盈) yesterday reiterated that the information missing from her financial disclosure statement is being dealt with, with the election just days ...

Posted on 03/01/2024

Taiwan approves financial restructuring of 640MW Yunlin wind project

Taiwanese has granted the developers of Yunlin offshore wind project the permissions required to finalise the financial restructuring.

Posted on 03/01/2024

List of 10 Richest People In Taiwan 2023: Check Here!

The forthcoming list will spotlight the top 10 richest individuals in Taiwan, providing insights into their net worth and the sources of their income. Siblings Daniel and Richard Tsai are the Richest ...

Posted on 03/01/2024

As China flexes its military muscles, everyday citizens in Taiwan are preparing for war

From learning combat basics to debunking disinformation in civil defence courses bankrolled by a tech billionaire, these ordinary Taiwanese citizens are preparing for war with China.

Posted on 03/01/2024

Taiwan’s BLF denies criticism of funds, says they achieved record return

Taiwan’s Bureau of Labor Funds (BLF) says the eight funds it supervises posted an average annualised investment return of 10.82% in the 11 months to November, the highest since the supervisory body ...

Posted on 03/01/2024

Taiwan extends anti-dumping tariffs on toweling products from China

The Customs Administration extended the anti-dumping tariffs of 29.72 percent on bath towels, pillow covers, napkins, tablecloths, footpads and semi-finished products sold by Chinese exporters, the ...

Posted on 03/01/2024

Luxshare Taking Over Chinese iPhone Assembly Plant

The world’s second-largest iPhone manufacturer will pay $300 million to Pegatron to acquire a 62.5% stake in the company's Shanghai facility.

Posted on 02/01/2024

Asia Pacific Wire & Cable Corporation Limited Reports Third Quarter 2023 Financial Results

Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) ("APWC" or the "Company"), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in ...

Posted on 02/01/2024

Global Impact: time to reflect on 2023 for mainland China, Hong Kong and the rest of the world, and look ahead to 2024

In this issue of the Global Impact newsletter, we look back at the events that shaped 2023, and looks forward to what we can expect in mainland China, Hong Kong and the rest of the world in 2024.

Posted on 02/01/2024

Taiwan Ranked 14th Wealthiest Country for Purchasing Power – TaiwanPlus News

Global Finance magazine has ranked Taiwan the 14th-richest country in the world for 2023, with 193 economies adjusted for purchasing power parity.

Posted on 02/01/2024

Taiwan warns of ‘disturbing’ election interference by China

Taiwan’s chief representative in Australia, Douglas Hsu, says China has ramped up efforts to influence the island’s January 13 election.

Posted on 02/01/2024

Disputes over China ties sour Taiwan election campaign

Bitter disputes on how to handle relations with China and avoid conflict are dominating the final stretch of election campaigning in Taiwan, as some polls show a tight race between the main two ...

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