TAIPEI, Taiwan, Feb. 22, 2018 /PRNewswire/ -- According to FAO, 26% crop losses resulted from the extreme weather such as windstorm, flood and drought that had happened in most of the developing countries. Not only farmers suffered severely, but also ... ( read original story ...)
Not for the faint-hearted: racing up Taipei 101
The event is co-organised by skyscraper operator Taipei Financial Center Corp. (TFCC) and Austria-headquartered Towerrunning World Association (TWA). In addition to the elite competition, Taipei 101 will also be hosting a public event on the same day for ... ( read original story ...)
Four arrests over Taiwan’s ‘first’ bitcoin robbery
Taiwan police have arrested four men over a bitcoin robbery worth Twd$5 million ($170,000) in what they said was the first case of its kind on the island. Bitcoin is a virtual currency created from computer code that allows anonymous transactions and its ... ( read original story ...)
Taiwan encourages insurance funds to invest in wind and solar.
Taiwan Life also plans to invest NT$327 million to increase the capitalization of a PV power subsidiary of Gigastorage Corp., which already has over 30MW in PV power capacity. In March 2017, the Financial Supervisory Commission (FSC) began approving – on ... ( read original story ...)
Acer expects to benefit from Philippines infrastructure construction
Taipei, Feb. 21 (CNA) Taiwan-based Acer Inc., one of the ... Jason Chen (陳俊聖) said he learned from recent conversations with the Philippine minister of finance, Carlos Dominguez, that the Southeast Asian country will raise its infrastructure ... ( read original story ...)
Major loans in China finance, Indonesia, Taiwan
The second-largest Finance sector deal signed in China in 2018 YTD Zhejiang Zheshang Asset Management has signed a RMB 750 million facility through joint bookrunners and mandated lead arrangers Fubon Bank, KEB Hana Bank, and Nanyang Commercial Bank. ( read original story ...)
Evans Chamberlain Asset Management reports Ant Financial’s $100 billion valuation
TAIPEI, Taiwan, Feb. 15, 2018 /PRNewswire/ - Evans Chamberlain Asset Management have recently highlighted that Chinese Fintech firm Ant Financial Services Group, an affiliate of Alibaba, plans to raise money in a new round of financing that values the ... ( read original story ...)
Car liability insurance premiums to rise for drunk drivers
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 ...)