Bargain Hunting Figures To Boost Taiwan Shares

Among the actives, Taiwan Semiconductor Manufacturing Company tumbled 1.78 percent, while Largan Precision skidded 1.29 percent, MediaTek retreated 1.59 percent, Innolux declined 1.73 percent, Hon Hai Precision dipped 0.23 percent, Cathay Financial lost 2 ... ( read original story ...)

Taiwan Cannot Compete with China on Aid to Keep Foreign Allies

“Presently, with our government financial problems and our foreign affairs budget being only so much, we must use the smallest budget to do the biggest deployment, so in this aspect we must positively use our creativity.” On Tuesday Taiwan agreed to ... ( read original story ...)

Profit Taking May Dent Taiwan Stock Market

For the day, the index gained 5.37 points or 0.05 percent to finish at 10,942.30 after trading between 10,918.12 and 10,977.81 on turnover of 127.90 billion Taiwan dollars. Among the actives, Cathay Financial lost 0.55 percent, while Mega Financial fell 0 ... ( read original story ...)

Beijing’s Foxconn Embrace Has Tinge of Desperation

FII shows the closest Beijing can get to matching Taiwan in technology is to buy into a rare mainland IPO and hope to find some leverage, while picking up some business tips along the way. Dealing with Terry Gou though, it may learn that you can’t ... ( read original story ...)

Taiwan Growth Forecast Upgraded to 2.6%

The directorate general of budget, accounting and statistics said Friday that it has raised its forecast for Taiwan’s gross domestic product growth for 2018 to 2.6% after the country made a strong showing in the first quarter, CNA reported. The DGBAS ... ( read original story ...)

Taiwan Is Running Out of Friends Fast as China Turns the Screws

Taiwan’s loss of a second diplomatic ally in less than a month suggests China’s efforts to isolate the island are accelerating. The West African nation of Burkina Faso broke off formal relations with Taipei in favor of Beijing on Thursday, reducing to ... ( read original story ...)

Taiwan Shares May Head South On Friday.

For the day, the index collected 50.75 points or 0.47 percent to finish at 10,936.93 after trading between 10,883.52 and 10,942.64 on turnover of 126.46 billion Taiwan dollars. Among the actives, Shinhan Financial collected 0.37 percent, while Fubon ... ( read original story ...)

Taiwan hits out at Beijing after losing another ally

Once China was admitted to the UN in 1971, most countries gradually withdrew recognition of the Republic of China, as Taiwan is formally known, in favour of formalising ties with the government in Beijing. While both sides have used financial aid to ... ( read original story ...)

Taiwan loses second ally in a month as Burkina Faso cuts ties

Wu expressed regret at Burkina’s decision, and added that Taiwan cannot compete with China’s financial resources. Taiwan has accused China of luring its friends away with offers of generous aid packages. China denies this, and says Taiwan is a part of ... ( read original story ...)

Airlines obey Beijing’s demand to call Taiwan part of China

SHANGHAI — British Airways, Lufthansa and Air Canada are among 20 carriers that now refer to Taiwan, the self-ruled island that Beijing considers its territory, as a part of China on their global websites , in line with Beijing's demands that the White ... ( read original story ...)

Foxconn Unit Plans China’s Biggest IPO Since 2015

BEIJING—A unit of Taiwan’s contract electronics manufacturer Foxconn Technology Group said it plans to raise 27.1 billion yuan, or $4.25 billion, through an initial public offering in Shanghai, potentially marking China’s biggest IPO since 2015. ( read original story ...)