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 ...)
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 ...)
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 ...)