Tag: financials

In a four-year campaign to root out risks to China’s financial system, regulators have set upon their biggest target yet: the world’s largest financial technology sector. All three financial watchdogs ... ( read original story ...)

India plans to introduce a law to ban private cryptocurrencies such as bitcoin and put in place a framework for an official digital currency to be ... ( read original story ...)

Tencent-backed Kuaishou Technology (1024 Hong Kong) will list at the top of its listing range at HK$115 apiece, raising US $5.42B and valuing the company at US $60.9B according to Reuters. Amazingly, ... ( read original story ...)

GameStop Corp on Thursday plummeted, snapping a dizzying six-day rally and wiping out nearly US$11 billion in market value after brokers choked off demand for the stock by curbing trading on the apps ... ( read original story ...)

The former head of a Chinese state-owned asset management company was executed Friday on charges of taking bribes in one of the most severe penalties imposed in ... ( read original story ...)

Biden administration officials have called an ad-hoc meeting next week with Taiwan government and industry officials, during which they’re expected to pressure Taiwan Semiconductor Manufacturing Co. ( read original story ...)

Taiwan's economic growth last year outpaced China for the first time in 30 years. The island's gross domestic product expanded 2.98% in 2020, faster than the 2.3% of its neighbor across the Taiwan ... ( read original story ...)

The Taiwan stock market turned emphatically lower again on Thursday, one day after halting the three-day slide in which it had ... ( read original story ...)

In 1990, Taiwan was a $166 billion economy dominated by exports of consumer electronics and plastic goods, while China had just opened its first McDonald’s restaurant, an early milestone in its reform ... ( read original story ...)

The Taipei Game Show opened yesterday with a series of virtual and physical events, and the number of in-person attendees limited to 7,000 per day due to COVID-19 regulations. There are also fewer ... ( read original story ...)

The local finance sector reported combined pretax profit of NT$675.7 billion (US$23.77 billion) last year, up 6.5 percent from a year earlier, the Financial Supervisory Commission said yesterday, ... ( read original story ...)

Landsberg Bennett & Dubbaneh LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 6.6% during the 4th quarter, according to the company in its most recent ... ( read original story ...)

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is “expediting” auto-related products through its wafer fabs and reallocating wafer capacity, the company said on Thursday, amid a global shortage of ... ( read original story ...)

Financial markets experienced a minor taper tantrum overnight, although my mother, having endured years of bringing up a highly-strung devil child, would even rate it as a minor flesh wound. Equity ... ( read original story ...)

The Taiwan stock market on Wednesday wrote a finish to the three-day slide in which it had stumbled almost 500 points or 3 percent. The Taiwan Stock Exchange now sits just above the 15,700-point ... ( read original story ...)

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is "expediting" auto-related products through its wafer fabs and reallocating wafer capacity, the company said on Thursday, amid a global shortage of ... ( read original story ...)