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Tag: financials

Posted on 23/06/2025

Taiwan’s Taishin, Shin Kong to merge July 24

TAIPEI (Taiwan News) — Taishin Financial Holding and Shin Kong Financial Holding will complete their merger on July 24, forming Taiwan’s fourth-largest financial holding company by assets.

Posted on 23/06/2025

Taiwan state-owned banks prevented over NT$2.1 billion in fraud in 2024

Bank of Taiwan led the effort, blocking over 607 cases that amounted to more than NT$510 million. It was followed by Hua Nan Bank, which stopped 394 cases totaling NT$360 million, and First Commercial ...

Posted on 22/06/2025

10 Reasons to Buy and Hold This Semiconductor Stock Forever

Taiwan Semiconductor Manufacturing (NYSE: TSM) is one of the most valuable companies in the world at a market cap of $1.1 trillion, but it doesn't get the same level of attention that other big tech ...

Posted on 22/06/2025

2 Top Artificial Intelligence Stocks to Buy in June

Artificial intelligence (AI) investing is still a major theme in the market. Although some AI hyperscalers have had success rolling out AI models, they aren't making a ton of money from it yet. As a ...

Posted on 22/06/2025

ARK Invest Dumps $146.3M More Circle Shares After Meteoric 670% IPO Surge

ARK Invest unloaded another round of shares of Circle (CRCL) across its ETFs just two weeks after the stablecoin issuer's high-profile IPO.

Posted on 21/06/2025

US prepares action targeting allies’ chip plants in China, WSJ reports

A U.S. official has informed leading global semiconductor companies of plans to cancel waivers allowing them to use American technology in China, the Wall Street Journal reported on Friday, citing ...

Posted on 20/06/2025

Taiwan Holds Key Rate as It Weighs Tariffs, Currency Gains

Taiwan held its benchmark interest rate for the fifth straight quarter as it considers worries about the impact of possible US tariffs on the economy, inflation and currency gains.

Posted on 19/06/2025

Taiwan financial agency approves SinoPac Holdings’ acquisition of King’s Town Bank

TAIPEI (Taiwan News) — Taiwan’s Financial Supervisory Commission approved SinoPac Holdings’ complete acquisition of King’s Town Bank on Thursday. The transaction involves an 80% stock swap and 20% ...

Posted on 19/06/2025

SGX Group welcomes 33rd clearing member Taiwanese Yuanta Global on derivatives market

Yuanta is a wholly owned subsidiary of Yuanta Futures Co, a futures brokerage firm that operates under the umbrella of Yuanta Financial Holding Co.

Posted on 19/06/2025

Taiwan Central Bank Stays on Hold Again as Uncertainty Persists — Update

Taiwan's central bank stood pat again ... interest rate unchanged this time will contribute to the stable development of the overall economy and finance," it said. The island economy's activity has ...

Posted on 19/06/2025

Legislature moves to lift tax on non-sugary drinks

The Legislative Yuan’s Finance Committee yesterday passed a draft amendment to the Commodity Tax Act (貨物稅條例) that would exempt sugar-free drinks from taxes, in an effort to promote health. Lawmakers ...

Posted on 19/06/2025

Taiwan’s Starlux Orders More Airbus A350s

The carrier recently launched service between Taipei and Ontario, California, its fourth destination in the U.S. It is also slated to add service to Phoenix.

Posted on 18/06/2025

Taiwan’s Jyong Biotech doubles in value on Nasdaq debut

Investing.com -- Jyong Biotech Ltd., a Taiwan-based biotechnology company, saw its stock price double on Tuesday as it began trading on the Nasdaq Global Market under the ticker symbol "NASDAQ:MENS".

Posted on 17/06/2025

Taipei electric bus fire prompts citywide safety inspections

An electric bus last night burst into flames on Dunhua N Road in Taipei’s Songshan District (松山), prompting Taipei and New Taipei City authorities to step up safety inspections. The bus, operated by ...

Posted on 17/06/2025

Top Taiwanese Hedge Fund Manager Cashes Out Of Nvidia After Nearly 10-Year Ride: ‘Can’t Fall In Love With A Stock’

Nvidia stock may have staged a strong rebound from the tariff-hit downturn, but a bullish investor has thrown in the towel, citing lingering risks. A Bloomberg report said hedge fund manager Jonah ...

Posted on 17/06/2025

Taiwan tests sea drones as China keeps up military pressure

A Taiwanese-made sea drone capable of carrying bombs skimmed across waters off the island Tuesday in a display of uncrewed surface vehicles that could boost its military firepower against China.High ...

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