Business News & Financial News | Reuters

TAIPEI Qualcomm Inc will pay T$390 million ($13.35 million), its first installment of a fine for anti-trust violations in Taiwan, the Taiwan Fair Trade Commission said on Tuesday, as the U.S. chipmaker grapples with issues around its business model. ( read original story ...)

Taiwan Bourse Expected To Remain Rangebound On Tuesday

Taiwan Cement lost 0.65 percent, Formosa Plastics added 0.97 percent, Cathay Financial collected 0.91 percent, Mega Financial added 0.39 percent and Fubon Financial spiked 1.50 percent. The lead from Wall Street is negative as stocks gave ground on Monday ... ( read original story ...)

Inside Taiwan’s Cryptocurrency Push

Jan.29 -- The half a billion dollar theft in Japan on the Coincheck Exchange could be a cautionary tale for Taiwan, which has been looking to possibly fill the cryptocurrency void in Asia following the crackdowns in China and South Korea. Bloomberg's ... ( read original story ...)

Taiwan Bourse Expected To Extend Wednesday’s Losses

CTBC Financial lost 1.17 percent, Taiwan Steel Union eased 0.03 percent and China Steel was unchanged. The lead from Wall Street suggests mild consolidation as stocks failed to sustain an early upward move Wednesday before finishing mixed - although the ... ( read original story ...)

Taiwan Bourse May Spin Its Wheels On Friday

For the day, the index gathered 13.79 points or 0.12 percent to finish at 11,165.95 after trading between 11,131.85 and 11,268.61 on turnover of 160.29 billion Taiwan dollars. Among the actives, Cathay Financial shed 0.18 percent, while Fubon Financial ... ( read original story ...)

Taiwan Prospects Rosy

Sales generated by Taiwan’s retail sector and by the food and beverage sector both set new record highs in 2017, and 2018 could be another good year for them, according to the ministry of economic affairs, CNA reported. The MOEA said it was bullish on ... ( read original story ...)

Government to provide support for social housing: Tsai

Taipei, Jan. 26 (CNA) President Tsai Ing-wen (蔡英文 ... As for new housing locations, Tsai said the Finance Ministry, the (MOI) and the Defense Ministry will make 350 hectares of government land available for city and county governments for social ... ( read original story ...)

Taiwan Semi (TSM) Q4 Earnings Beat on Strong Product Ramp Up

Taiwan Semiconductor Manufacturing Co. TSM reported fourth-quarter 2017 earnings of 64 cents per ADR, which exceeded the Zacks Consensus Estimate. Further, it increased 13% sequentially and 5% year over year. Moreover, revenues increased 5.9% year over ... ( read original story ...)

Clifford Beaumont: UK Inflation Eases

TAIPEI, TAIWAN, January 18, 2018 /24-7PressRelease/ — Analysts ... Clifford Beaumont analysts believe that this decline could indicate that the financial pressure on UK households could decrease over the next few months. In the first fall since June ... ( read original story ...)

November-December winning uniform invoice numbers released

Taipei, Jan. 25 (CNA) The winning number for the NT$10 million (US$343,949) special prize in the November-December uniform invoice lottery is 75350343, the Ministry of Finance (MOF) announced Thursday. The prize must be claimed by May 7, 2018, the ministry ... ( read original story ...)

UK/Taiwan Talks Smooth Way for Increased Trade

The ministers also agreed to deepen links between the UK and Taiwan’s leading financial sectors, building on the UK’s £176 million of financial services exports to Taiwan last year. In particular, the UK will offer its expertise in financing renewable ... ( read original story ...)