Global wealth report ranks Taiwan No. 1 in Asia

Taiwan ranked first in Asia and fifth globally in terms of net financial assets per capita, the Allianz Global Wealth Report 2022 said. With net financial assets per capita of 138,220 euros ... ( read original story ...)

Preparedness for financial stress improves: study

With economic effects of the COVID-19 pandemic easing, Taiwanese are about as financially resilient as Britons, Americans and people in other major economies in terms of keeping savings, meeting ... ( read original story ...)

UK’s Truss fires finance minister

The chancellor of the exchequer was dismissed in person by Truss after he rushed back early from international meetings in Washington, multiple media reports said, and she was due later to hold her ... ( read original story ...)

Mobileye IPO: Should You Buy?

Intel proposed spinning off Mobileye last year, and just filed the paperwork for an IPO. Mobileye has been growing sales at a 36% CAGR over the last five years. The IPO market for tech stocks has been ... ( read original story ...)

Taiwan banks’ bad loans dropped to $1.86b

NPL ratio remained at 0.16%. Taiwan’s 39 banks’ non-performing loans (NPLs) totalled $1.86b in August, a decrease of $5.2m from the previous month according to the latest statistics by the Financial ... ( read original story ...)

Mega Financial mulling second capital increase

State-run Mega Financial Holding Co (兆豐金控) is reportedly planning a second capital increase for its non-life insurance arm, Chung Kuo Insurance Co (兆豐產險), as losses from claims linked to COVID-19 ... ( read original story ...)