Tag: banking

while the financial subindex climbed as much as 0.35 percent. Among actively traded shares, the semiconductor assembly, packaging, and testing company Powertech Tech slid up to 0.6 percent. The Taiwan dollar softened a touch to stand at T$30.185 to the U.S ... ( read original story ...)

(The following statement was released by the rating agency) TAIPEI, March 28 (Fitch) Fitch Ratings has assigned ICBCIL Finance Co. Ltd.'s (A/Stable) proposed long-term senior unsecured US dollar notes an expected 'A(EXP)' rating. ICBCIL Finance functions ... ( read original story ...)

VILNIUS/TAIPEI (Reuters) - Taiwan-based electronics manufacturer Quanta Computer Inc has acknowledged that its name was used as part of an email fraud scheme that bilked two U.S.-based internet companies out of more than $100 million. U.S. prosecutors last ... ( read original story ...)

JAKARTA, March 27 (Reuters) - Indonesian nickel smelter Indoferro, owned by Growth Steel Group, aims to raise up to $60 million in an initial public offering (IPO) in the third quarter ... India and Taiwan. [http://reut.rs/2nXvpXP ] The company, which ... ( read original story ...)

TAIPEI, March 24 Fubon Financial Holding Co , parent of Taiwan's second-biggest life insurer, said on Friday it will raise its currency hedging positions due to massive foreign fund inflows to Asia, including Taiwan. Fubon and other local rivals ... ( read original story ...)

The electronics subindex declined 0.1 percent, while the financials subindex dropped 0.1 percent. Among the most actively traded stocks, Taiwan Semiconductor Manufacturing Co (TSMC) was off 0.8 percent. TSMC is the world's biggest contract chip maker and ... ( read original story ...)

TAIPEI (Reuters) - Taiwan announced a T$882.4 billion ($29 billion) stimulus package on Thursday to boost its export-driven economy in the face of uncertainty from its two largest trading partners, the United States and China. Taiwan's trade-reliant ... ( read original story ...)

TAIPEI, March 23 (Reuters ... The electronics subindex rose 0.1 percent, while the financials subindex remained unchanged. Among the most actively traded, Cathay Financial Holding Co Ltd, parent company of Taiwan's biggest life insurer, climbed as ... ( read original story ...)

TAIPEI, March 22 Taiwan stocks on Wednesday retreated from a near two-year high hit in the previous session, tracking a sharp pullback on Wall Street, with techs and financials dragging the index down. Wall Street fell sharply on Tuesday as investors were ... ( read original story ...)

TAIPEI: Cathay Financial Holding Co. one of the leading financial holding firms in Taiwan, has raised its forecast of Taiwan’s gross domestic product (GDP) for 2017 to 2.1 percent, citing an improvement in exports amid recovering global demand. ( read original story ...)

WASHINGTON (Reuters) - The Trump administration is crafting a big new arms package for Taiwan that could include advanced rocket systems and anti-ship missiles to defend against China, U.S. officials said, a deal sure to anger Beijing. The package is ... ( read original story ...)

This is intended to provide additional information on the underlying financial forecast of the first quarter of 2017 guidance provided by the Company on March 9, 2017 and does not represent a change in that guidance. Based on Taiwan's applicable ... ( read original story ...)

TAIPEI, March 17 Taiwan stocks rose on Friday to their highest ... The electronics subindex rose 0.3 percent, while the financials subindex gained 0.3 percent. Among actively traded stocks, financial group CTBC Financial Holding was up 0.8 percent and ... ( read original story ...)

Taiwan pledged Wednesday to build up its military in the face of an increased risk of invasion by China in a major defence ministry report that comes as ties with Beijing worsen. China still sees Taiwan as part of its territory to be brought back into its ... ( read original story ...)

A judgement against a gay woman who married a man because of pressure from her family has sparked criticism in Taiwan as the island moves closer to legalising same-sex marriage. The woman was recently ordered by a court to return around Tw$500,000 ($16,130 ... ( read original story ...)

TAIPEI, TAIWAN--(Marketwired - Mar 14, 2017) - Cherry blossoms are blooming in Taipei to usher in three of Asia's best gift-related trade events with incredible creativity and value. The prime show, the 71 st Giftionery, showcases the business of gifts ... ( read original story ...)