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 ...)
Taiwan Concerned China May Have Blocked Vaccine Purchase After BioNTech Deal Fell Apart
Taiwan’s attempts to purchase 5 million doses of BioNTech SE’s Covid-19 vaccine fell apart at the last minute, Taiwan’s health minister said Wednesday, voicing concern that political pressure from ... ( read original story ...)
Asia-Pacific stocks mixed as investors watch Treasury yields; Taiwan surges more than 3%
The benchmark 10-year Treasury yield jumped 9 basis points on Tuesday to top 1.3% — a level not seen since February 2020. The yield on the 10-year Treasury last stood at 1.3006%. SINGAPORE — Stocks in ... ( read original story ...)
Taiwan amends transfer pricing guidance for intangible transactions
Yuanchang, Toby, SU, General Manager, Fu Ten TP Consulting, Taiwan, discusses the final version of Taiwan transfer pricing regulations, released last year . . . ( 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 ...)
Legislators surprise with hidden talents and skills
Many legislators hide a special talent behind their serious public demeanor, whether it be a passion sparked in childhood or one of many skills explored before holding office. Despite his wiry frame, ... ( 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 ...)
World-Class Pandemic Management Key to Taiwan’s Economic Success
Regarded as one of the world’s safest countries from the coronavirus, Taiwan is also one of the few that registered positive economic growth in 2020 with bright prospects for 2021. Its clever handling ... ( read original story ...)
Share Market LIVE: Sensex crosses 51,800, Nifty tops 15,300 in pre-open; Rs 100-crore Nureca IPO opens today
Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading in the positive territory in pre-opening session on Monday ... ( 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 ...)
S&P 500 hits record peak as stocks post weekly gain
The S&P 500 and NASDAQ set record closing highs on Friday as investors bought energy, financial and materials shares and sold big tech stocks in anticipation of new fiscal aid from Washington to help ... ( read original story ...)
Yellen urges G7 to ‘go big’ to support global recovery
US Treasury Secretary Janet Yellen stressed the need for the G7 countries to “go big” with fiscal stimulus to support economic recovery from the global pandemic. In her first call with foreign ... ( read original story ...)
Taiwan’s opposition KMT seeks foothold in US, but is it too Beijing-friendly?
Kuomintang aims to court US support by reopening its Washington office, closed after it last won power in Taiwan, but anti-Beijing sentiment there has hardened. ( read original story ...)