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Tag: financials

Posted on 06/01/2024

Taiwan’s Cathay United Bank to join consumer finance market in Vietnam soon

Taiwan’s Cathay United Bank (CUB) will tap the consumer finance segment in Vietnam in the coming time, as part of its strategy to reposition business activities in the region, a senior leader of the ...

Posted on 06/01/2024

Taiwan: Chinese balloons threaten to international aviation safety

Taiwan's defence ministry said on Saturday a recent spate of Chinese balloons spotted near or over the island were a threat to flight safety and were “cognitive warfare” against Taiwan's people. It ...

Posted on 06/01/2024

Taiwan busts $32.2 million Crypto scam involving major exchange ACE, founder arrested

ACE Exchange leveraged its image to promote worthless cryptos via social media, defrauding investors for an estimated $32.2 million.

Posted on 06/01/2024

Taiwan reports 17 ‘airborne balloons’ approaching from mainland China in run-up to election

Floating objects seen crossing Taiwan Strait median line since December, with increased activity since New Year’s Day, according to Taiwanese defence ministry, which says drones and balloons are part ...

Posted on 05/01/2024

Fallout from Taiwan elections risks creating further mistrust in US-China relations, analyst warns

Beijing's likely response to a victory for the independence-leaning William Lai Ching-te in Taiwan's presidential election may trigger a chain of events that risks further undermining trust between ...

Posted on 05/01/2024

Huawei Teardown Shows 5nm Chip Made in Taiwan, Not China

Huawei Technologies Co.’s newest laptop runs on a chip made by Taiwan Semiconductor Manufacturing Co., a teardown of the device showed, quashing talk of another Chinese technological breakthrough.Most ...

Posted on 05/01/2024

Founder of Taiwan’s ACE Exchange David Pan Arrested on Fraud Charges Totaling $32.1M

The founder of ACE Exchange, one of Taiwan's largest cryptocurrency exchanges, has been arrested on suspicion of orchestrating a fraudulent scheme involving worthless cryptocurrencies.

Posted on 05/01/2024

Foxconn December sales fall 26.9% from a year earlier in Taiwan

Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Friday reported ...

Posted on 05/01/2024

Huawei Teardown Shows 5nm Laptop Chip Made in Taiwan, Not China

Huawei Technologies Co.’s newest laptop runs on a chip made by Taiwan Semiconductor Manufacturing Co., a teardown of the device showed, quashing talk of another Chinese technological breakthrough.Most ...

Posted on 04/01/2024

Do You Think Taiwan Semiconductor Manufacturing Company Limited (TSM)’s Product Portfolio is Robust?

Bonsai Partners, an investment management company, released its Q3 2023 Investor letter. A copy of the same can be downloaded here. In the third quarter, the fund declined -2.8% net of fees and ...

Posted on 04/01/2024

2024 Elections: TPP’s Wu says missing financial info ‘being handled’

Legislator and vice presidential candidate Cynthia Wu (吳欣盈) yesterday reiterated that the information missing from her financial disclosure statement is being dealt with, with the election just days ...

Posted on 03/01/2024

Taiwan approves financial restructuring of 640MW Yunlin wind project

Taiwanese has granted the developers of Yunlin offshore wind project the permissions required to finalise the financial restructuring.

Posted on 03/01/2024

List of 10 Richest People In Taiwan 2023: Check Here!

The forthcoming list will spotlight the top 10 richest individuals in Taiwan, providing insights into their net worth and the sources of their income. Siblings Daniel and Richard Tsai are the Richest ...

Posted on 03/01/2024

As China flexes its military muscles, everyday citizens in Taiwan are preparing for war

From learning combat basics to debunking disinformation in civil defence courses bankrolled by a tech billionaire, these ordinary Taiwanese citizens are preparing for war with China.

Posted on 03/01/2024

Taiwan’s BLF denies criticism of funds, says they achieved record return

Taiwan’s Bureau of Labor Funds (BLF) says the eight funds it supervises posted an average annualised investment return of 10.82% in the 11 months to November, the highest since the supervisory body ...

Posted on 03/01/2024

Taiwan extends anti-dumping tariffs on toweling products from China

The Customs Administration extended the anti-dumping tariffs of 29.72 percent on bath towels, pillow covers, napkins, tablecloths, footpads and semi-finished products sold by Chinese exporters, the ...

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