Video streaming giant iQiyi said to be mulling IPO in the US

Both Baidu and iQiyi declined to comment on the potential IPO plan. The acclaimed video streaming platform ... localisation with joint productions targeting markets such as Japan, Taiwan and the UK, whereas the home market remains the major focus for ... ( read original story ...)

Drunk drivers to face higher premiums for liability insurance

Taipei, Sept. 26 (CNA) Starting in March 2018, motorists convicted of drunk driving will be required to pay a higher punitive premium for Compulsory Automobile Liability Insurance, the Financial Supervisory Commission (FSC) said Tuesday. The punitive ... ( read original story ...)

SGX misses on two major IPO’s

Sea says Shopee was number one by GMV in the first half of the year for a region it calls “Greater Southeast Asia” – which oddly includes Taiwan, further to the north. But the IPO market is not the only one suffering from the tepid market. ( read original story ...)

Taiwan to set up NT$100 billion financing fund: president

Kaohsiung, Sept. 25 (CNA) Taiwan will set up a NT$100 billion (US$3.31 billion) fund to finance Taiwan's public construction cooperation with diplomatic allies and nations covered by the New Southbound Policy, President Tsai Ing-wen (蔡英文) said Monday. ( read original story ...)

Cathay Financial forecasts Taiwan’s 2018 GDP growth at 2%

Taipei, Sept. 25 (CNA) Cathay Financial Holding Co. (國泰金), one of Taiwan's leading financial holding companies, on Monday projected that the domestic economy will grow by 2 percent in 2018, slightly slower than its forecast growth for 2017. ( read original story ...)

July-August winning uniform invoice numbers released

Taipei, Sept. 25 (CNA) The winning number for the NT$10 million (US$338,000) special prize in the July-August uniform invoice lottery is 33612092, the Ministry of Finance (MOF) announced Monday. The prize must be claimed by Jan. 5, 2018, the ministry said ... ( read original story ...)

HKEX’s delisting proposal lacks needed firepower

At the time Frederick Ma Si-hang, Secretary for Financial Services and the Treasury apologised ... Nasdaq delists any company trading below US$1 for 30 days. In Taipei, companies can be removed from the exchange if the market capitalisation falls below ... ( read original story ...)

‘Sing! China’ concert in Taiwan halted amid protests

A music concert in Taiwan descended into chaos over the weekend when independence activists clashed with pro-China groups, with three people injured in the scuffles. The incident comes amid heightened tensions between the self-ruled island and the mainland ... ( read original story ...)

Mild Rebound Tipped For Taiwan Stock Market

Mega Financial fell 0.42 percent, Largan Precision plummeted 5.88 percent, Hon Hai Precision tumbled 2.70 percent, Catcher Technology plunged 3.85 percent, Taiwan Semiconductor Manufacturing Company skidded 1.13 percent, Taiwan Steel shed 0.46 percent and ... ( read original story ...)