Tag: banking

For the day, the index collected 93.53 points or 0.85 percent to finish at the daily high of 11,095.63 after moving as low as 11,014.87 on turnover of 130.46 billion Taiwan dollars. Among the actives, Cathay Financial skidded 1.10 percent, while Fubon ... ( read original story ...)

Liu Tai-ting was hoping to make money to support his child when he moved to Kenya from Taiwan and joined in what Chinese authorities say was a telephone fraud scheme, posing as a government official to demand bogus payments and gain control of his victims ... ( read original story ...)

Taipei, March 13 (CNA) The Ministry of Finance will launch an official mobile app next year that will allow winners of the bi-monthly uniform invoice lottery managed by the ministry to claim their prizes through electronic transactions and have their prize ... ( read original story ...)

Since passing from British to Chinese rule in 1997, the financial hub has operated as a "special administrative ... into just another Chinese city," he said. Self-governing Taiwan, however, is quite a different story, posing a direct challenge to the ... ( read original story ...)

Taipei, March 12 (CNA) Cathay Financial Holding Co., one of the largest financial holding firms in Taiwan, said Monday that it has raised its forecast for Taiwan's gross domestic product (GDP) growth for 2018, citing strong global demand. Joining the ... ( read original story ...)

China is rolling out the welcome mat for technology companies — and Taiwan. Foxconn, the world’s largest electronics assembler and key Apple supplier, is set to list a $50 billion-plus subsidiary in Shanghai. The speedy approval shows Beijing is ... ( read original story ...)

Taipei, March 10 (CNA) A subsidiary of conglomerate Namchow Holding Co. is expected to become the first Taiwanese food firm to launch an initial public offering in China at a time when many local enterprises are eyeing relatively high valuations in the ... ( read original story ...)

Taipei, March 10 (CNA) The Ministry of Finance (MOF) underscored how Taiwan's tax policies for businesses and professionals are more competitive than China's, even with Beijing's recently announced 31 new measures designed to attract Taiwanese companies ... ( read original story ...)

TAIPEI, Taiwan, March 8, 2018 /PRNewswire/ -- The 2 nd edition of Livestock Taiwan Expo & Forum will take place at Taipei World Trade Center from July 26-28. The 2017 debut brought a big success and won the local authority, Council of Agriculture's, full ... ( read original story ...)

SHANGHAI (Reuters) - China has approved the Shanghai listing of an internet and industrial-focused subsidiary of Taiwan’s Foxconn ... had obtained the regulatory go-ahead for the planned IPO. Foxconn, formally known as Hon Hai Precision Industry Co ... ( read original story ...)

Foxconn Industrial is seen raising 27.3 billion yuan ($4.3 billion) through the IPO. The purpose of the listing is "to expand ... "We'll encourage Taiwanese companies to list," Zhang Zhijun, director of the Taiwan Affairs Office of China's State Council ... ( read original story ...)

Taipei, March 6 (CNA) Taiwan and Poland signed a memorandum of understanding (MOU) Tuesday on cooperation in the development of financial technology. The cooperation agreement was signed by Wellington Koo (顧立雄), chairman of the Financial Supervisory ... ( read original story ...)

Taipei, March 5 (CNA) China's top securities regulator will soon review an initial public offering (IPO) application filed by a subsidiary of Taiwan-based manufacturing giant Hon Hai Precision Industry Co. In a statement released Sunday, the China ... ( read original story ...)

With a market share of 24.3 percent, the premier Taiwanese tea-based beverage brand has opened retail outlets in Taiwan, Japan, Singapore ... and adversely affected," the company says in the IPO prospectus. Lego Corporate Finance Limited is the sole ... ( read original story ...)

TAIPEI Taiwan's new central bank governor sees mounting challenges ahead in maintaining the financial stability of the island's trade-reliant economy, especially with rapid capital flows happening in the global market. "We think global capital movements ... ( read original story ...)

The mayor approved his resignation, and a handover ceremony will be held March 6, during which New Taipei City Department of Finance Director-General Lu Wei-ching (呂衛青) will take over as deputy mayor. KMT Organizational Development Committee Director ... ( read original story ...)