Tag: banking

(The following statement was released by the rating agency) TAIPEI/SINGAPORE, December 11 (Fitch) Taiwan's banks face many of the challenges that are weighing on the outlook for financial institutions across much of Asia, including low interest rates and ... ( read original story ...)

TAIPEI (S&P Global Ratings) Dec. 9, 2016--S&P Global Ratings said today it had assigned its 'A+' long-term and 'A-1' short-term counterparty credit ratings to Taiwan Financial Holding Co. Ltd. (Taiwan FHC). The outlook on the long-term rating is stable. ( read original story ...)

The electronics subindex sank 0.1 percent, while the financials subindex gained 0.1 percent. Among actively traded shares, Taiwan Semiconductor Manufacturing Co was down 0.3 percent ahead of its November sales data due after market hours. The world's ... ( read original story ...)

Taiwan's exports grew at a better-than-expected pace last ... The electronics subindex rose 1.1 percent, while the financials subindex gained 0.9 percent. Hon Hai Precison, which goes by the trade name Foxconn, gained 1.8 percent. The company said on ... ( read original story ...)

told The Financial Times. “With this kind of move, Trump is setting a foundation of enduring mistrust and strategic competition for U.S.-China relations.” The United States maintains a careful balancing act in its relations with Taiwan. Beijing views ... ( read original story ...)

TAIPEI, Dec 6 Taiwan stocks rose on Tuesday taking its cues from gains ... The electronics subindex rose 1.4 percent, while the financials subindex gained 0.8 percent. Among big-cap actively traded tech shares, contract chipmaker TSMC was up nearly 2 ... ( read original story ...)

THE controversial phone call between Donald Trump and the leader of Taiwan had been planned for weeks as part of an intentionally provocative move to take a tougher line with China. The protocol-breaking call, the first between the country’s leaders ... ( read original story ...)

TAIPEI, Taiwan -- The Taipei 101 skyscraper has raised the funds needed to hold its renowned annual fireworks show, Minister of Finance Sheu Yu-jer said Monday. Speaking at a hearing held by the Finance Committee of the Legislative Yuan, Sheu said the ... ( read original story ...)

Taipei, Dec. 5 (CNA) The Taipei 101 skyscraper has raised the funds needed to hold its renowned annual fireworks show, Minister of Finance Sheu Yu-jer (許虞哲) said Monday. Speaking at a hearing held by the Finance Committee of the Legislative Yuan ... ( read original story ...)

US PRESIDENT-elect Donald Trump has taken a veiled swipe at China just days after he controversially took a phone call from Taiwan’s leader, raising eyebrows across the world. Mr Trump spoke to Taiwan’s President Tsai Ing-wen on Friday, becoming the ... ( read original story ...)

WASHINGTON (Reuters) - President-elect Donald Trump's phone conversation with Taiwan's president was not intended to show a shift in U.S. policy on China, Vice President-elect Mike Pence said on Sunday, describing the chat as a "courtesy" call. Trump's ... ( read original story ...)

Taiwan urged China to stay calm after the Taiwanese leader's unprecedented phone call to US President-elect Donald Trump angered Beijing, as residents and analysts in Taipei expressed fears at the possible fallout. Ties between Taipei and Beijing have ... ( read original story ...)

Washington cut formal diplomatic relations with the island in 1979 and recognizes Beijing as the sole government of "One China" -- while keeping friendly, non-official ties with Taipei. China regards self-ruling Taiwan as part of its own territory awaiting ... ( read original story ...)

‘More Pressure’ Alexander Huang, an assistant professor at Tamkang University in New Taipei City, said Tsai’s call with Trump brought global attention to Taiwan’s isolation. “The world was talking about Taiwan the whole weekend,” Huang said. ( read original story ...)

President-elect Donald Trump on Friday broke with decades of U.S. diplomatic tradition in speaking with Taiwan President Tsai Ing-wen, a seemingly innocuous call that started the relationship between two of the world's greatest powers on the wrong foot. ( read original story ...)

The U.S. shifted diplomatic recognition to China from Taiwan in 1979. But the governments in Washington and Taipei have maintained close unofficial ties and deep economic and defense relations. The U.S. is required by law to provide Taiwan with weapons to ... ( read original story ...)