The UK government is providing credit guarantees to domestic companies working to build the international export market for offshore wind projects. These initiatives part of the UK Government’s Green ... ( read original story ...)
MOF to extend tax rebate for energy-saving appliances
Photo: Wu Pei-hua, Taipei Times The incentive has contributed greatly to ... account for 42.72 percent of those used in homes in Taiwan, prompting the finance ministry to propose extending the ... ( read original story ...)
UK Export Finance provides $280m financing to offshore wind project in Taiwan
UK Export Finance (UKEF), the UK’s export credit agency, has announced that it would provide a £200m ($280m) buyer credit guarantee to help finance the Greater Changhua 1 Offshore Wind Farm in Taiwan, ... ( read original story ...)
Rebound Called For Taiwan Stock Market
The Taiwan stock market on Friday halted the three-day winning streak in which it had advanced more than 720 points or 4.5 percent. The Taiwan Stock Exchange now sits just above the 16,340-point ... ( read original story ...)
Hong Kong finance minister banking on green shoots of economic recovery lying in environment, sustainable development, says source
Proceeds raised from the bonds will be used to finance public works projects ... Previously, she was an intern at The News Lens International in Taipei, covering Taiwan-China relations and foreign ... ( read original story ...)
Sunak to raise business tax to pay for COVID-19 support – The Sunday Times
British finance minister Rishi Sunak is set to increase a tax on business to pay for an extension to COVID-19 support schemes in the budget next month, The Sunday Times reported Sunak, in his speech ... ( read original story ...)
Wall Street closes flat as cyclicals shine
Stocks on Wall Street closed near break-even on Friday as investors sold technology shares that have rallied through the COVID-19 pandemic and rotated into cyclical stocks set to benefit from pent-up ... ( read original story ...)
VW Group Considers Listing Or Spinning Off Porsche To Inject More Cash Into Its EV Plans
The VW Group is reportedly considering an IPO of Porsche AG in a move to raise cash that will go towards the company’s future electrification and software plans, according to two different reports. ( read original story ...)
UK supports offshore wind deal in Taiwan with £200m
East Anglia-based company Seajacks will ship the material needed to install the turbines and Trelleborg will provide protection systems for the cables which connect the turbines to the mainland ... ( read original story ...)
UK backs Taiwan offshore wind project with £200m of credit guarantees
Britain's offshore wind industry secured an export boost yesterday, with the government announcing plans to provide £200m in credit guarantees to help finance a 605MW offshore wind farm in Taiwan ... ( read original story ...)
Bond Traders With Nothing to Do in Taiwan Turn to Riskier Bets
When Kevin Shih started his career as a fixed-income trader in Taiwan five years ago, local government bonds accounted for 70% of his portfolio. Now, it’s less than a tenth. ( read original story ...)
Markets Reverse As Value Outperforms Growth
Asian equities were a sea of red following the US equity market lower overnight as only Shanghai, Taiwan, and Australia managed to end in the green. The Shanghai Composite Index was lifted by value ... ( read original story ...)
GDP may grow 4% thanks to exports: NDC
Taiwan’s GDP could expand more than 4 percent this year on the back of strengthening exports, private investment and consumer spending, despite lingering uncertainty due to the COVID-19 pandemic, the ... ( read original story ...)
UK Export Finance helps UK outfits win Taiwan offshore work
Government-backed agency has now provided credit guarantees of £500m to finance several projects in the market ... ( read original story ...)
Taiwan minister flags improvement in auto chip supplies
Taiwan firms are working hard to resolve a shortage of automotive chips, Economy Minister Wang Mei-hua said on Thursday, adding that she understood there had been an improvement in supplies. Wang ... ( read original story ...)
Opportunities in a changed emerging market universe
Addressing a global pandemic, vaccination progress appears to fall well short of its elimination, especially for emerging markets with several countries operating inadequate distribution ... ( read original story ...)