Lee, 20, sends a box of books from a convenience store near her university on Taiwan's east coast to the closest outlet near her home in Taipei. "Post offices aren't everywhere and they're not always open," she told AFP. They have even linked up with ... ( read original story ...)
The biggest tech IPO of 2016 is having a terrible start to 2017
Line (LN) pulled off the biggest tech IPO of last year, raising $1.3 billion from selling ... Japan, Thailand, Indonesia and Taiwan. It did report profits of 7.56 billion yen ($66.5 million) for 2016, compared with a net loss of 7.58 billion yen the ... ( read original story ...)
Three foreigners jailed in Taiwan over ATM heist
Latvian Andrejs Peregudovs, together with Mihail Colibaba from Romania and Niklae Penkov from Moldova, were convicted of causing damage to the public by breaching computer security, said the Taipei district court. They were also each fined Tw$600,000 ($19 ... ( read original story ...)
Chinese Billions Fail to Sway Taiwan’s Last Allies in Africa (2)
(Bloomberg) -- Taiwan’s last two African allies have no plans to switch allegiances and break ties with Taipei as Beijing tries to woo the self-ruled island’s diplomatic partners. Burkina Faso won’t cut relations with Taiwan despite people and ... ( read original story ...)
Chunghwa posts 4Q profit
TAIPEI, Taiwan (AP) _ Chunghwa Telecom Co. (CHT) on Wednesday reported fourth-quarter profit of $242.6 million. On a per-share basis, the Taipei, Taiwan-based company said it had profit of 31 cents. The telecommunications company posted revenue of $1.83 ... ( read original story ...)
Wuxi Biologics files IPO prospectus aiming to be gateway to China
The initial public offering (IPO) prospectus does not set an expected value or date ... It also revealed that is works with Taiwan-based TaiMed Biologics, Israel’s OPKO Biologics, Hong Kong’s CStone Pharmaceutical. Wuxi Biologics manufacturing and ... ( read original story ...)
Taiwan economy rallies thanks to electronics demand
Taiwan's economy notched up its best performance in almost two years in the final quarter of 2016, with strong demand for electronics offsetting a plunge in mainland tourists, according to official data released Wednesday. Growth was 2.58 percent year-on ... ( read original story ...)
Aslan Pharma Approved to List Shares on Taiwan's Main Board
Aslan Pharma of Singapore was approved to list on Taiwan's Taipei Stock Exchange ... Founded in 2010, Aslan raised $23 million in pre-IPO venture capital last July, bringing its total VC funding to more than $100 million. ( read original story ...)
Taiwan Economic Crisis Acute, Needs Reforms
He believed Taiwan could leverage its financial services sector, calling it a critical factor in boosting economic growth in places like Hong Kong and Singapore. But he warned that “research shows that Taiwan’s service sector lacks a competitive edge”. ( read original story ...)
Taiwan stocks up; trade cautious in last session before holiday break
The electronics subindex rose 0.3 percent, while the financials subindex was unchanged. The gains came as the Taiwan dollar strengthened against the U.S. dollar to levels not seen since early October. Near midday trade, the Taiwan dollar firmed T$0.095 to ... ( read original story ...)
Taiwan rules steel makers hurt by products from six countries
Taipei, Jan. 23 (CNA) The Ministry of Economic Affairs has ruled that steel products imported from China, South Korea and four other countries have caused "substantive damage" to the local steel industry and will ask the Ministry of Finance to decide ... ( read original story ...)
iPhone assembler Foxconn may invest $7B in US display plant
TAIPEI, Taiwan (AP) — The Taiwanese company that assembles Apple's iPhones and other electronics is considering investing $7 billion in a U.S. factory to produce display panels that would create as many as 50,000 jobs. Foxconn CEO Terry Gou discussed the ... ( read original story ...)
Foxconn CEO says investment for display plant in U.S. would exceed $7 bln
TAIPEI, Jan 22 (Reuters) - Foxconn, the world's largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed $7 billion, company chairman and chief executive Terry Gou said on ... ( read original story ...)
Outlook On Taiwan Cooperative FHC, Banking Arm, Revised To Positive On Improving Capitalization; Ratings Affirmed
TAIPEI (S&P Global Ratings) Jan. 23, 2017--S&P Global Ratings said today it had revised the outlook on its long-term issuer credit ratings on Taiwan Cooperative Bank Ltd. and Taiwan Cooperative Financial Holding Co. Ltd. (Taiwan Cooperative FHC) to ... ( read original story ...)
Taiwan Accelerator Invests In 8 Startups
Beginning on February 2, Taiwan Accelerator will provide the 8 selected startups with comprehensive courses on professional entrepreneurial mentorship, finance, legal, media relations, integrated marketing, branding, investor relations, pitch deck ... ( read original story ...)
Taiwan's Foxconn chief confirms mulling $7 bn US investment
The head of Taiwan's tech giant Foxconn confirmed Sunday he is considering a $7 billion investment to make flat panels in the United States in a joint project with Japan's SoftBank. US President Donald Trump had announced before taking office a $50 billion ... ( read original story ...)