Tag: financials

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 ...)

India plans to introduce a law to ban private cryptocurrencies such as bitcoin and put in place a framework for an official digital currency to be ... ( read original story ...)

Tencent-backed Kuaishou Technology (1024 Hong Kong) will list at the top of its listing range at HK$115 apiece, raising US $5.42B and valuing the company at US $60.9B according to Reuters. Amazingly, ... ( read original story ...)

GameStop Corp on Thursday plummeted, snapping a dizzying six-day rally and wiping out nearly US$11 billion in market value after brokers choked off demand for the stock by curbing trading on the apps ... ( read original story ...)

The former head of a Chinese state-owned asset management company was executed Friday on charges of taking bribes in one of the most severe penalties imposed in ... ( read original story ...)

Biden administration officials have called an ad-hoc meeting next week with Taiwan government and industry officials, during which they’re expected to pressure Taiwan Semiconductor Manufacturing Co. ( read original story ...)

Taiwan's economic growth last year outpaced China for the first time in 30 years. The island's gross domestic product expanded 2.98% in 2020, faster than the 2.3% of its neighbor across the Taiwan ... ( read original story ...)

The Taiwan stock market turned emphatically lower again on Thursday, one day after halting the three-day slide in which it had ... ( read original story ...)

In 1990, Taiwan was a $166 billion economy dominated by exports of consumer electronics and plastic goods, while China had just opened its first McDonald’s restaurant, an early milestone in its reform ... ( read original story ...)

The Taipei Game Show opened yesterday with a series of virtual and physical events, and the number of in-person attendees limited to 7,000 per day due to COVID-19 regulations. There are also fewer ... ( read original story ...)

The local finance sector reported combined pretax profit of NT$675.7 billion (US$23.77 billion) last year, up 6.5 percent from a year earlier, the Financial Supervisory Commission said yesterday, ... ( read original story ...)

Landsberg Bennett & Dubbaneh LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 6.6% during the 4th quarter, according to the company in its most recent ... ( read original story ...)