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Posted on 18/09/2024

Taiwan’s US$4 billion takeover battle hits snag with rejection of financial firm’s bid

SHARES of Taiwan’s CTBC Financial Holding gained and Shin Kong Financial Holding’s fell after a bid to create the island’s biggest financial group was blocked. Read more at The Business Times.

Posted on 18/09/2024

China announces sanctions on US companies selling arms to self-ruled Taiwan

China on Wednesday announced sanctions on American companies selling arms to the self-ruled island of Taiwan, which Beijing claims as its own territory and threatens to annex by force.

Posted on 18/09/2024

Bill aims to allow suspension of amusement tax

The Executive Yuan is expected to approve amendments tomorrow that would allow local governments to suspend amusement taxes as they see fit to promote the development of certain industries.

Posted on 18/09/2024

Taiwan brand behind Lebanon’s exploding pagers shifts blame to low-profile Hungarian manufacturer

On Tuesday, thousands of the pagers exploded across Lebanon, killing at least nine people and wounding almost 3,000.

Posted on 18/09/2024

Exploding Pager Mystery Deepens as Taiwan Firm Deflects Blame

The Taiwanese company Gold Apollo Co., whose brand appears on pagers that exploded in Lebanon, said a company based in Hungary is responsible for manufacturing the models used in the attacks, adding ...

Posted on 18/09/2024

China sets countermeasures against 9 US firms over weapons sales to Taiwan

China's foreign ministry announced countermeasures on Wednesday against nine U.S. military-linked firms over U.S. weapons sales to Taiwan. The countermeasures taken against firms, including Sierra ...

Posted on 18/09/2024

Taiwan’s $4 Billion Takeover Battle Hits Snag With Rejection of Financial Firm’s Bid

Shares of Taiwan’s CTBC Financial Holding Co. gained after its proposal to take over smaller rival Shin Kong Financial Holding Co. was rejected.

Posted on 18/09/2024

Chinese carrier enters Japan’s contiguous waters for first time, NHK reports

TOKYO/TAIPEI (Reuters) -A Chinese aircraft carrier temporarily entered Japan's contiguous waters for the first time on Wednesday, Japan's public broadcaster NHK reported, the latest encounter that ...

Posted on 18/09/2024

Midea and Bajaj Housing Finance warm up Asia’s IPO market

The two large listings are adding to a sense of optimism, in particular in India and Hong Kong, with Taiwan enjoying a record year so far; and before the US Fed cuts rates this week.

Posted on 18/09/2024

XCharge, Asia Green Fund’s Portfolio, Successfully Listed on Nasdaq

XCharge, founded in 2015, is a global leader in integrated EV charging solutions, focusing on Innovative New Energy Technologies and Sustainable Development . The Company offers comprehensive EV ...

Posted on 18/09/2024

Singapore is the only Southeast Asian city on a ranking of centi-millionaires—and that could be good for its economy

The city-state ranks 6th in a list of top 50 cities for people with liquid investable assets of $100 million or more.

Posted on 18/09/2024

BlackRock International Dividend Fund Q2 2024 Commentary

The fund posted returns of 1.89% (Institutional shares) and 1.81% (Investor A shares, without sales charge) for the second quarter of 2024.

Posted on 18/09/2024

Taiwan Semiconductor Fuels Japan’s Land Boom With New Chip Plants: Report

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) has successfully fueled Japan’s record land price appreciation for the second year, reflecting the importance of the projects on the economy. The ...

Posted on 18/09/2024

China Market Update: Tencent Crowned The Stock Repurchase King

Electric vehicle (EV) and internet stocks had strong sessions, except for Trip.com, which fell -1%. Hong Kong’s most heavily traded stocks by value were Tencent, up +0.58%, Midea, up +7.85%, Alibaba, ...

Posted on 18/09/2024

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM): A Chip Stock Powering The AI Boom

We recently compiled a list of the 35 Chip Stocks Powering AI Boom. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stands against ...

Posted on 17/09/2024

Bicara Therapeutics closes $362m IPO in flurry of biotech listing activity

Bicara was one of three biotechs that went public last week in one of the busiest biotech IPO windows this year.

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