The S&P 500 and Dow on Friday rose in a broad-based rally with technology, healthcare and financial stocks providing the biggest lift as investors bet on a recovery that is expected to deliver the ... ( read original story ...)
US fears China is flirting with seizing control of Taiwan
The US is concerned that China is flirting with the idea of seizing control of Taiwan as President Xi Jinping becomes more willing to take risks to boost his legacy. “China appears to be moving from a ... ( read original story ...)
Average mortality rate falls 30 percent: FSC data
The average mortality rate fell 30 percent since 2002, which could lead to cuts in premiums of traditional life insurance policies, according to the Financial Supervisory Commission’s (FSC) latest ... ( read original story ...)
Loans for housing, construction reach highest levels: FSC
Housing and construction loans rose to their highest levels at the end of last month at NT$8.1 trillion (US$283.2 billion) and NT$2.83 trillion respectively, but their rate of increase slowed after ... ( read original story ...)
China, Taiwan and India are our favorate markets in Asia: Janus Henderson
2021 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and ... ( read original story ...)
Ten interesting things we read this week
Technology (Rise of the invisible hand in India's stock markets; Why payment companies want you to tap and pay), Leadership (Lessons from a chess master; Leading when you're not in charge), Economy ... ( read original story ...)
Fitch Downgrades Avation to ‘RD’ on Debt Exchange; Then Upgrades to ‘CCC’, On Watch Negative
Fitch Ratings has downgraded the Long-Term Issuer Default Ratings (IDRs) of Avation PLC and its subsidiaries (collec ... ( read original story ...)
Peak Fintech Group Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communication Program
Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ("Peak" or the "Company"), an innovative Fintech service provider to the Chinese commercial lending sector, has engaged international investor ... ( read original story ...)
TV Maker Vizio Falls in Debut After Downsized IPO
(Bloomberg) --Smart-TV maker Vizio Holding Corp., backed by affiliates of Taiwan-based Foxconn Technology Group, fell 9% after its downsized initial public offering. Vizio’s shares opened trading ... ( read original story ...)
Foxconn-Backed TV Maker Vizio Falls in Debut After Downsized IPO
Smart-TV maker Vizio Holding Corp., backed by affiliates of Taiwan-based Foxconn Technology Group, fell as much as 18% after its downsized initial public offering. Vizio’s shares opened trading ... ( read original story ...)
Creditors accuse Changhua firm of bankruptcy fraud
The group said that there were financial irregularities in Formosa Tools’ bankruptcy ... Final decision will be at the discretion of the Taipei Times. ( read original story ...)
Taiwan Central Bank Insiders Call for Overhaul of Dollar Policy
Three current and former members of Taiwan’s central bank board are calling for an overhaul of its currency policy, saying efforts to tamp down on the local dollar’s appreciation is increasingly ... ( read original story ...)
Taiwan Bourse Poised To Extend Losing Streak
The Taiwan stock market has finished lower in two straight sessions, sliding more than 150 points or 0.9 percent along the way. The ... ( read original story ...)
Paraguay Says Chinese Vaccine Offers Tied to Dumping Taiwan
Like many nations, Paraguay faces an uphill battle to procure coronavirus vaccines. But its quest is being complicated by fraught relations between China on one side, and Taiwan and the U.S. on the ... ( read original story ...)
Positive Phase III Clinical Results for EirGenix’s Proposed Trastuzumab Biosimilar
In a press conference today, EirGenix, Inc. (6589.TT) announced that the Phase III clinical trial (Trial No.: EGC002, NCT03433313) of its breast cancer biosimilar, EG12014 (proposed trastuzumab ... ( read original story ...)
Market mania has fed a SPAC boom. Here’s who is at risk
Exactly one year ago, with the world in the grip of a deadly pandemic, Wall Street put its Covid-19 fears aside. That jumpstarted a wave of market euphoria that has since fed a boom in unusual ... ( read original story ...)