Tag: financials

People exchange old banknotes for new ones at a Bank of Taiwan branch in Taipei yesterday. Many Taiwanese visit banks ahead of the Lunar New Year to exchange worn banknotes for fresh ones to be placed ... ( read original story ...)

The IMF last week sent US$350 million in cash to the Burmese government, part of a no-strings-attached emergency aid package to help it battle the COVID-19 pandemic. Days later, Burmese military ... ( read original story ...)

Taiwan’s chief executive officers have rosy views of the global economy this year and are looking to increase revenue at their firms, despite challenges posed by the COVID-19 pandemic as well as ... ( read original story ...)

Taiwan’s central bank said it plans to tighten rules on local companies’ foreign exchange transactions in the latest move to curb speculation after the Taiwan dollar rose to its strongest in 23 Years. ( read original story ...)

Taiwan’s economy expanded 2.98% in 2020, making it Asia’s fastest-growing in a year beset by Covid-19 disruptions. It even edged out China for the top spot for the first time in three decades. Besides ... ( read original story ...)

A record number of Hong Kong residents have relocated to Taiwan following China’s crackdown on the city’s protest movement and the implementation of a controversial new national security law. Newly ... ( read original story ...)

China is slowly overtaking the world with massive high-rise property developments that house financial institutions, retail and residences. In many instances, ghost cities in China are on the rise, ... ( read original story ...)

Most Asian markets built on the week's rally Wednesday, boosted by US stimulus hopes and signs of easing virus infections as well as improvements in vaccination programmes. Support was also being ... ( read original story ...)

For almost half a century, New York City held the title for the world’s tallest building. Between 1931 and 1972, the iconic Empire State Building remained the highest — standing at 1,454 feet tall. ( read original story ...)

Robinhood Markets Inc, the US online broker that has emerged as a gateway for amateur traders challenging Wall Street hedge funds, has held talks with banks about raising US$1 billion in debt so it ... ( read original story ...)

The Japanese government is set to extend the state of emergency covering Tokyo and other regions till March 7 in order to contain the coronavirus, local media reported. The Reserve Bank of Australia ... ( read original story ...)

Earnings for both state-owned and private lenders, which play an outsized role in the world's second-largest economy, are poised for a multiyear recovery from 2020's decline, the first drop in a ... ( read original story ...)

Taiwan's economy grew 2.98% in 2020 compared to a year ago, advance estimates by the island's statistics office showed. ( read original story ...)

The battle between retail investors and hedge funds burst seemingly out of nowhere last week, and many people have spent the weekend wondering how it would end. The answer depends in part on two ... ( read original story ...)

Fubon Financial Holding Co on Friday last week said it would extend its tender offer for Jih Sun Financial Holding Co by 50 days until March 23, as the company’s hostile takeover of its smaller rival ... ( read original story ...)

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 ...)