Taiwan proposed a second supplementary budget for 2020 worth T$210 billion ($7.13 billion) on Thursday to ease the impact of the coronavirus outbreak as the trade-reliant economy is expected to slow ... ( read original story ...)
Breakingviews – Hong Kong finance faces London’s Brexit-like fate
Hong Kong and London could soon have more in common. The recently enacted national security law reduces the relative appeal of the Asian financial hub, just as Brexit has done to the British capital. ( read original story ...)
Maxonrow Organizes Hackathon to Reimagine Blockchain for Healthcare Solutions
Maxonrow announces its first-ever MAXathon, an online hackathon from September 5 to October 3, 2020, where blockchain experts, developers, and other tech enthusiasts will reimagine blockchain for ... ( read original story ...)
Thailand, Taiwan Risk Entering U.S. Watchlist for Currency Manipulation, UBS Says
Thailand and Taiwan may be added to the U.S. watchlist for currency manipulation after meeting all of the criteria set out by the Treasury Department, according to UBS Group AG.A country is included i ... ( read original story ...)
Profit Taking Expected For Taiwan Stock Market
First Financial added 0.43 percent, Taiwan Semiconductor Manufacturing Company soared 4.64 percent, United Microelectronics Corporation spiked 3.63 percent, Hon Hai Precision tumbled 1.73 percent, ... ( read original story ...)
Taiwan rejects permits for 2 Hong Kong officials as visa row escalates
Beijing views Taiwan as part of a single China and has never renounced the option of using of force to bring the island under its control ... ( read original story ...)
KKBOX Group and Bitmark’s Open Letter to Beatmakers
Terence Leong, Group Chief Content Officer, KKBOX Group / Co-founder, OurSong & KKFARM, and Sean Moss-Pultz, Co-Founder & CEO, Bitmark Inc., have jointly issue ... ( read original story ...)
Chinese ride-hailing giant Didi planning IPO as Tesla rival Xpeng raises $500M
Chinese ride-hailing giant and Uber Technologies Inc. rival Didi Chuxing Technology Co. is planning an initial public offering while emerging Tesla Inc. rival Guangzhou Xiaopeng Motors Technology Co. ( read original story ...)
Will Taiwan Semiconductor Continue to Surge Higher?
As of late, it has definitely been a great time to be an investor of Taiwan Semiconductor Manufacturing Company Limited ... ( read original story ...)
Daily groceries top plans for vouchers, Cathay poll shows
A survey by Cathay Financial Holding Co (國泰金控) on how people planned to use their Triple Stimulus Vouchers found that 42 percent would buy daily groceries, the company said yesterday. Other top uses ... ( read original story ...)
Riyadh hosts G20 talks on debt crisis, virus recovery
G20 nations are to consider extending debt relief for poor countries affected by COVID-19 in the second half of this year, the group’s finance ministers and central bankers said on Saturday after ... ( read original story ...)
Malaysian bubble tea chain postpones IPO due to COVID
In Taiwan, La Kaffa International ... has a market cap of 142 million Hong Kong dollars ($18.32 million). Loob Holding's IPO postponement comes after Creador-backed Mr. D.I.Y. was reported ... ( read original story ...)
Stock market stakeholders: Simplify IPO process to attract more good companies
They also called for product diversification such as a bond market and the introduction of a buyback policy to protect investor rights, and stopping regulatory intervention in market operations ... ( read original story ...)
It Has Been a Huge Week for SPAC IPOs. Here’s What You Missed.
This week has seen the SPAC boom shift into overdrive, with a flood of merger and initial public offering announcements. And there is plenty more to come. Here’s a roundup of all the IPO action in ... ( read original story ...)
Taiwan Envoy Exits Hong Kong After Refusing ‘One China’ Oath
Taiwan’s top representative to Hong Kong returned home after refusing to sign a statement supporting the “one China” principle, the news site Up Media reported, in another example of the city’s ... ( read original story ...)
TSMC second-quarter net profit jumps 81% on demand for faster chips
TAIPEI (Reuters) - Ltd (TSMC) said on Thursday that second-quarter net profit surged 81% from a year earlier as strong demand for faster chips boosted sales despite coronavirus concerns. The world's ... ( read original story ...)