Cathay Financial to acquire bank in Malaysia

Taipei, May 27 (CNA) Cathay Financial Holding Co. (國泰金), one of the largest financial holding firms in Taiwan, has agreed to acquire the Canada-based Bank of Nova Scotia's banking assets in Malaysia as part of the Taiwanese banking group's efforts to ... ( read original story ...)

March-April winning uniform invoice numbers released

Taipei, May 25 (CNA) The winning number for the NT$10 million (US$332,970) special prize in the March-April uniform invoice lottery is 74748874, the Ministry of Finance (MOF) announced Thursday. The actual prize will be NT$8 million after tax and it must ... ( read original story ...)

Taiwan stocks rise for 4th day, heavyweights gain; Sinopac down

Taiwan Semiconductor Manufacturing Co (TSMC), the world's biggest contract chip maker, added 0.5 percent. Hon Hai, a key supplier of Apple Inc, jumped 1 percent. Sinopac Financial Holdings, a mid-sized financial holding firm, fell 0.2 percent. The company ... ( read original story ...)

Imported goods over NT$2,000 to be levied with customs duty

Taipei, May 23 (CNA) The Ministry of Finance (MOF) will lower the duty-free threshold for goods imported via mail to NT$2,000 (US$66.29) from the current NT$3,000, probably starting from September, ministry officials said on Tuesday. The MOF said the main ... ( read original story ...)

Taiwan stocks rise for third session; techs, financials jump

TAIPEI May 24 Taiwan stocks rose for a third straight session on Wednesday, joining other markets in the region, with tech and financial heavyweights leading the way. As of 0123 GMT, the main TAIEX index was up 0.3 percent at 10,042.10, after closing 0.1 ... ( read original story ...)