Tag: financials

O-Bank (formerly Industrial Bank of Taiwan), is keen to transform itself into “a nimble and digitally-focused boutique lender” as it gears on for an IPO. The IPO is scheduled for early May and is the first bank listing in Taiwan in 13 years. ( read original story ...)

The growth was led by Asia-Pacific, with China, Hong Kong, Macau and Taiwan showing the most activity ... to clear an extensive backlog of listings by increasing the pace of IPO approvals throughout the year. “IPO activity in Asia-Pacific has been ... ( read original story ...)

TAIPEI, April 5 Taiwan's financial regulator said on Wednesday that companies listed on the local stock exchange had reported forex losses of T$133.9 billion ($4.4 billion) in 2016, because of the Taiwan currency's strength against the U.S. dollar. ( read original story ...)

As of 0150 GMT, the main TAIEX index rose 1.1 percent, to 9,915.13 points, after closing down 0.4 percent on Friday. Taiwan's financial markets where shut Monday and Tuesday for public holidays. The electronics subindex rose 1.6 percent, while the ... ( read original story ...)

Additionally, the financial subindex was down 0.07 percent. Among actively traded shares, Taiwan Semiconductor Manufacturing Co , the world's largest contract chipmaker and a major Apple Inc supplier, was down 0.52 percent. The Taiwan dollar weakened T$0 ... ( read original story ...)

TAIPEI Fubon Financial Holding Co (2881.TW) is planning to take a cash offer for its entire stake in Delta Lloyd (DLL.AS) from NN Group (NN.AS) amid concerns about the outlook for the two Dutch insurers' merger. The move follows Delta Lloyd's agreement to ... ( read original story ...)

But analysts say the legal action by Eximbank, which falls under Taiwan's finance ministry, is likely to be a warning about the costs of forging diplomatic ties with China. Guinea Bissau and Central African Republic have withdrawn support for Taiwan since ... ( read original story ...)

Additionally, the financial subindex was also down 0.27 percent. Among actively traded shares, Taiwan's integrated steel maker China Steel slid as much as 0.59 percent. The Taiwan dollar softened T$0.034 to stand at T$30.319 to the U.S. dollar, distancing ... ( read original story ...)

This is based on Fitch's rating criteria on senior bond instruments of financial institutions. RATING SENSITIVITIES SENIOR DEBT Any rating action on Deutsche Bank could trigger a similar move on the National Long-Term Rating on DB Taipei's debt. ( read original story ...)

while the financial subindex climbed as much as 0.35 percent. Among actively traded shares, the semiconductor assembly, packaging, and testing company Powertech Tech slid up to 0.6 percent. The Taiwan dollar softened a touch to stand at T$30.185 to the U.S ... ( read original story ...)

(The following statement was released by the rating agency) TAIPEI, March 28 (Fitch) Fitch Ratings has assigned ICBCIL Finance Co. Ltd.'s (A/Stable) proposed long-term senior unsecured US dollar notes an expected 'A(EXP)' rating. ICBCIL Finance functions ... ( read original story ...)

VILNIUS/TAIPEI (Reuters) - Taiwan-based electronics manufacturer Quanta Computer Inc has acknowledged that its name was used as part of an email fraud scheme that bilked two U.S.-based internet companies out of more than $100 million. U.S. prosecutors last ... ( read original story ...)

JAKARTA, March 27 (Reuters) - Indonesian nickel smelter Indoferro, owned by Growth Steel Group, aims to raise up to $60 million in an initial public offering (IPO) in the third quarter ... India and Taiwan. [http://reut.rs/2nXvpXP ] The company, which ... ( read original story ...)

TAIPEI, March 24 Fubon Financial Holding Co , parent of Taiwan's second-biggest life insurer, said on Friday it will raise its currency hedging positions due to massive foreign fund inflows to Asia, including Taiwan. Fubon and other local rivals ... ( read original story ...)

The electronics subindex declined 0.1 percent, while the financials subindex dropped 0.1 percent. Among the most actively traded stocks, Taiwan Semiconductor Manufacturing Co (TSMC) was off 0.8 percent. TSMC is the world's biggest contract chip maker and ... ( read original story ...)

TAIPEI (Reuters) - Taiwan announced a T$882.4 billion ($29 billion) stimulus package on Thursday to boost its export-driven economy in the face of uncertainty from its two largest trading partners, the United States and China. Taiwan's trade-reliant ... ( read original story ...)