Taipei, Feb. 19 (CNA) Premiums for compulsory auto liability insurance will be increased by NT$3,600 (US$123.5) for every time a motorist is caught driving under the influence of alcohol, starting from March 1, according to Taiwan's Financial Supervisory ... ( read original story ...)
(OFFICIAL)–Itochu says to sell stake in Ting Hsin, buys TFCC share
TOKYO, Feb 15 (Reuters) - Japan's Itochu Corp said on Thursday it will sell its 17.8 percent stake in Ting Hsin International to the Chinese food processor for $440 million, and buy a 37.2 percent stake in Taipei Financial Center Corp (TFCC) from Ting Hsin ... ( read original story ...)
BRIEF-Taiwan Liposome Files For U.S. IPO Of Up To $50.0 Million
Feb 16 (Reuters) - Taiwan Liposome Co Ltd: * TAIWAN LIPOSOME CO LTD FILES FOR U.S. IPO OF UP TO $50.0 MILLION OF AMERICAN DEPOSITARY SHARES - SEC FILING * TAIWAN LIPOSOME CO LTD SAYS INTEND TO APPLY TO LIST ADSS ON NASDAQ GLOBAL MARKET UNDER SYMBOL “TLC ... ( read original story ...)
wpd commences financing process for Taiwan wind projects
wpd Group has now started the financing process with Sumitomo Mitsui Banking Corporation (SMBC) as financial advisor. wpd Taiwan Energy Co. Ltd intends to commission the Guanyin (360 MW) and Yunlin (700 MW) offshore wind projects in 2020, having started ... ( read original story ...)
Quake-hit Taiwan city winds down rescue efforts, five still missing
HUALIEN, Taiwan (Reuters) - Rescue operations in Taiwan started to wind down on Friday after a devastating 6.4-magnitude earthquake rocked the tourist area of Hualien this week, taking a toll of 12 dead and five missing. More than 270 people were injured ... ( read original story ...)
Taiwan Bourse Tipped To End Losing Streak
For the day, the index skidded 156.77 points or 1.49 percent to finish at 10,371.75 after trading between 10,189.04 and 10,392.31 on turnover of 150.89 billion Taiwan dollars. Among the actives, Cathay Financial shed 0.94 percent, while Fubon Financial ... ( read original story ...)
Cambodia arrests Thai, Taiwan suspects over telecoms fraud
China has been battling telecoms fraud for years, with the scams causing financial losses running into billions of ... The group, consisting of 26 Thais, six people from self-ruled Taiwan, and four Cambodians accused of online extortion from victims ... ( read original story ...)
Itochu says to sell stake in Ting Hsin, buys TFCC share
TOKYO, Feb 15 (Reuters) - Japan’s Itochu Corp said on Thursday it will sell its 17.8 percent stake in Ting Hsin International to the Chinese food processor for $440 million, and buy a 37.2 percent stake in Taipei Financial Center Corp (TFCC) from Ting ... ( read original story ...)
Foxconn to use proceeds from unit’s Shanghai IPO to fund $4 billion projects
HONG KONG (Reuters) - Taiwan's Foxconn, the world's largest contract electronics ... China International Capital Corporation is the sponsor and lead underwriter for the IPO. FII made a net profit of 16.2 billion yuan in 2017, according to the filing ... ( read original story ...)
Foxconn shareholders approve plan to list unit in Shanghai
TAIPEI (Reuters) - Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, said on Wednesday its shareholders had approved a plan to list its subsidiary, Foxconn Industrial Internet Co Ltd (FII), on the Shanghai Stock Exchange. ( read original story ...)
JHL Biotech’s Final Trading Day on Taipei Exchange
HSINCHU, Taiwan and WUHAN, China, Feb. 11, 2018 /PRNewswire/ -- JHL Biotech, Inc. (TPEx: 6540) announces that today, Monday, February 12, 2018, is the final day for trading of JHL shares on the Emerging Stock Market of the Taipei Exchange ("TPEx"). ( read original story ...)
Evans Chamberlain Asset Management reports on stock market’s worst crash since 2008
TAIPEI, Taiwan, Feb. 9, 2018- Evans Chamberlain Asset Management has recently reported on the latest week of volatility and sell-offs in the U.S. and global stocks giving an insight to why there's really never a single explanation the markets ... ( read original story ...)
Earthquake-hit Taiwan city still on edge as rescuers hunt survivors
HUALIEN, Taiwan (Reuters) - Scores of aftershocks hampered rescue efforts on Thursday as emergency personnel combed through collapsed buildings in search of survivors after a powerful earthquake killed at least nine people near Taiwan's tourist city of ... ( read original story ...)
Aftershocks rattle Taiwan as quake toll rises to 10, 58 missing
HUALIEN, Taiwan (Reuters) - Scores of aftershocks hampered rescue efforts on Thursday as emergency personnel combed through collapsed buildings in search of survivors after a powerful earthquake killed at least 10 people near Taiwan's popular tourist city ... ( read original story ...)
At least seven killed, 67 missing after quake rocks Taiwan tourist area
HUALIEN, Taiwan (Reuters) - Rescuers combed through the rubble of collapsed buildings on Wednesday, in a search for 67 people missing after a strong earthquake which killed at least seven near Taiwan's popular tourist city of Hualien. The magnitude 6.4 ... ( read original story ...)
At least six killed, 60 missing after quake rocks Taiwan tourist area
HUALIEN, Taiwan (Reuters) - Rescuers combed the rubble of collapsed buildings on Wednesday, in a search for about 60 people missing after a strong earthquake killed at least six near Taiwan's popular tourist city of Hualien. The magnitude 6.4 quake ... ( read original story ...)