The mid-level bureaucrats left China’s richest man waiting as they prepared for a meeting that would send shockwaves across the financial world. It was Monday morning in Beijing, and Jack Ma (馬雲) had ... ( read original story ...)
Asian markets mostly close up after week-long rally
Most Asian markets on Friday rose after the week’s strong gains, with traders upbeat as the chances of former US vice president Joe Biden winning the US election increased and after the US Federal ... ( read original story ...)
Ant Group’s IPO Suspension a Reminder of Beijing’s Grip on Business
The last-minute intervention by Beijing came after Ant Group's founder Jack Ma criticized China's financial regulators. ( read original story ...)
Net foreign fund outflow hits US$15.45bn: FSC
With foreign investors selling off local shares amid the COVID-19 pandemic, Taiwan saw a net foreign fund outflow of US$15.45 billion in the first 10 months of the year, compared with a net foreign ... ( read original story ...)
HK’s Lam praised in Beijing; calls for end to US meddling
Hong Kong Chief Executive Carrie Lam (林鄭月娥) yesterday called on the US to stop interfering in the territory, and that she had discussed COVID-19 controls and economic relief with mainland Chinese ... ( read original story ...)
Ant Group IPO explainer: What’s next for Jack Ma’s fintech ambitions in China after stock market delay?
After the US$37 billion mega initial public offering was suspended by regulators, investors are anxious to see what happens next. ( read original story ...)
Acer Reports Q3 2020 Results: Highest in Nearly Ten Years
Acer announced its financial results for the third quarter of 2020: consolidated revenues were NT$80.06 billion, up 27.3% year-on-year (YoY); gross profits were NT$8.40 billion with 10.5% margin; ... ( read original story ...)
China’s central bank says Ant’s IPO suspension is to safeguard consumer, investor interests
The decision to suspend Ant Group's planned initial public offering in China was based on a comprehensive consideration about safeguarding the interests of financial consumers and investors, a senior ... ( read original story ...)
Virus Outbreak: Bank of England adds to lockdown stimulus
The Bank of England has increased its monetary stimulus by a bigger than anticipated £150 billion (US$195 billion) as it tries to boost the economy amid new lockdown measures. In a statement released ... ( read original story ...)
Taiwan Bourse May Challenge Resistance At 13,000 Points
The Taiwan stock market has moved higher in four straight sessions, gathering more than 370 points or 3 percent along the way. The Taiwan Stock Exchange now rests just beneath the 12,920-point plateau ... ( read original story ...)
The Unthinkable: Could Taiwan Stand Up to China Alone?
Taipei should continue to bolster its defenses through an A2/AD strategy of its own so that the cost of forcible unification by China would be so significant—and ultimate success would not be ... ( read original story ...)
Indonesia sinks into recession, first in 20 years
Indonesia’s economy contracted in the third quarter, plunging it into its first recession since the archipelago was mired in the Asian financial crisis more than 20 years ago. Activity in Southeast ... ( read original story ...)
The 10 cheapest places for American expats to live abroad
Living in Ho Chi Minh City, Bangkok, or Kuala Lumpur could afford American expats ample opportunities for savings. ( read original story ...)
Why Taiwan Semiconductor (TSM) Stock Might be a Great Pick
One stock that might be an intriguing choice for investors right now is Taiwan Semiconductor Manufacturing Company Limited TSM. This is because this security in the Semiconductor - Circuit Foundry ... ( read original story ...)
The WHO needs Taiwan’s proven expertise in the battle against Covid-19
The Covid-19 pandemic has so far killed more than one million people, with over 40 million infections recorded around the globe. ( read original story ...)
Acer Reports Q3 2020 Results: Net Income NT$2.29 Billion, Highest in Nearly Ten Years
PRNewswire/ -- Acer Inc. (TWSE: 2353) announced its financial results for the third quarter of 2020: consolidated revenues were NT$80.06 billion, up 27.3% year-on-year (YoY); gross ... ( read original story ...)