Taiwan Stock Market Due For Consolidation

The Taiwan stock market has climbed higher in two straight sessions, surging almost 660 points or 4 percent in that span. The Taiwan Stock Exchange now sits just above the 16,360-point plateau ... ( read original story ...)

Citi loses suit to recoup US$500m it wrongly paid

Citigroup Inc is on the hook for almost US$900 million in mistaken payments it sent out, according to a US ruling on Monday that called the debacle “one of the biggest blunders in banking history.” ... ( read original story ...)

Nissan says not in talks with Apple to make cars

Japanese auto maker Nissan said yesterday it is not in talks with Apple to develop self-driving cars, a week after Hyundai also denied reports it was discussing the top-secret project with the US tech ... ( read original story ...)

Wall Street notes bitcoin’s epic run

Signs of a widening embrace across the financial services industry sent bitcoin to new heights, with the cryptocurrency closing in on US$50,000 for the first time before falling back. A week after ... ( read original story ...)

ESG finance to be ‘core’ Goldman part

Goldman Sachs Group Inc is just getting started in the fast-expanding world of sustainable finance. The New York-based lender plans to issue more environmental, social and governance (ESG) bonds on a ... ( read original story ...)

EU mulls TSMC, Samsung deal to establish foundry

The EU is considering building an advanced semiconductor factory in Europe in an attempt to avoid relying on the US and Asia for technology at the heart of some of its major industries. The EU is ... ( read original story ...)

New league a fresh start for pro basketball

When more than 6,000 spectators packed into Changhua County Stadium on Dec. 19 last year, they were there to witness a historic moment — the first professional basketball game in Taiwan since the ... ( read original story ...)