Taiwan Cement spiked 2.28 percent, Fubon Financial climbed 1.39 percent, Mega Financial added 0.79 percent, CTBC Financial collected 0.24 percent and Cathay Financial and Advanced Semiconductor Engineering were unchanged. The lead from Wall Street is ... ( read original story ...)
Taiwan’s Cathay Financial scraps plan to buy Bank of Nova Scotia’s Malaysia unit
HONG KONG (Reuters) - Taiwan's Cathay Financial Holding Co said on Wednesday two of its group firms have scrapped a plan to buy Bank of Nova Scotia's Malaysian unit as the deal could not closed before its deadline. Cathay Financial said ... ( read original story ...)
Clifford Beaumont – German Finance Ministry Anticipates Rate Hikes
TAIPEI CITY, TAIWAN, April 10, 2018 /24-7PressRelease/ — Clifford Beaumont analysts say Germany’s finance ministry anticipates an increase in interest rates over the next few years. Newly appointed finance minister, Olaf Scholz, has begun to make moves ... ( read original story ...)
Taiwan’s exports grow in March on strong global demand
Taipei, April 9 (CNA) Taiwan's exports in March rose 16.7 percent from a year earlier to US$29.99 billion as global demand remained strong, according to data released by the Ministry of Finance (MOF) on Monday. The March export figures returned to positive ... ( read original story ...)
Taiwan Looks to Regulate Bitcoin Under Anti-Money Laundering Laws
“In a hearing held by the Finance Committee of the Legislative Yuan,” Focus Taiwan reported, “Yang, who took the helm of the central bank in late February, suggested that the Ministry of Justice include Bitcoin into the purview of Taiwan’s Money ... ( read original story ...)
Taiwan March exports rise 16.7 pct y/y, beat forecast
TAIPEI, April 9 (Reuters) - Taiwan's exports, imports and trade balance for March, released by the Ministry of Finance on Monday. March REUTERS POLL February Exports (y/y pct) +16.7 +7.6 -1.2 Imports (y/y pct) +10.4 +9.6 +0.9 Trade balance (US$ bln ... ( read original story ...)
Taiwan exports to Chinese mainland hit record high in March
TAIPEI - Taiwan's exports to the Chinese mainland and Hong Kong hit an all-time high in March, according to data released by the island's finance authority Monday. The cross-Straits exports for the month stood at $13.4 billion, up 30.9 percent year on year ... ( read original story ...)
Taiwan Bourse May Return Under Pressure
For the day, the index sank 66.74 points or 0.61 percent to finish at 10,821.53 after trading between 10,775.45 and 10,837.54 on turnover of 115.78 billion Taiwan dollars. Among the actives, Cathay Financial shed 0.95 percent, while Fubon Financial fell 0 ... ( read original story ...)
China demands halt of U.S. arms sales to Taiwan
BEIJING, April 9 (Reuters) - China said on Monday that it opposed the United States selling weapons to Taiwan, after the Trump administration approved the marketing licence required for American manufacturers to sell technology to Taiwan that would allow ... ( read original story ...)
US approves licence for Taiwan submarine plan
Washington has agreed to allow US defence contractors help Taiwan construct its own submarines, Taipei said, welcoming the breakthrough in long-standing ambitions to build up its fleet to counter the threat from China. Taiwan last year launched a plan to ... ( read original story ...)
ASLAN Pharmaceuticals Files For $86 Million U.S. IPO
ALSN is listed on the Taipei stock exchange (6497:TT) and its current price in USD is around $2.06. Management says that Taiwanese financial regulations require that its foreign IPO price be at 90% of its existing Taipei quoted price. There is currently no ... ( read original story ...)
Taiwan-Based Kymco Aims to Redefine India Electric Scooter Market With Ionex
Taking a cue, Taiwan-based two-wheeler and ATV manufacturer Kymco have announced their entry into the Indian market in the next three years and they recently took us all the way to Taiwan to showcase what their weapon of choice in the highly competitive ... ( read original story ...)
15 invoices have NT$10 million prize in Jan.-Feb. draw
Taipei, April 2 (CNA) Fifteen receipts issued in January and February have the winning number for the NT$10 million (US$343,524) special prize that emerged from the latest uniform invoice lottery draw, the Ministry of Finance (MOF) said Monday. Holders of ... ( read original story ...)
With the Entrepreneur Visa dealing with finance, two France open a marketing company – Pineapple in Taiwan
Julien Ferard and Maxime Lefevre, two young men from France, set up their own company Pineapple Web Design which provides website service to companies including design and maintenance. Taiwan is near Japan, Korea, and China those rising countries, and it ... ( read original story ...)
Taiwan replaces Singapore as world’s 3rd largest IC exporter: MOF
Taipei, March 31 (CNA) Taiwan was ranked as the third largest integrated circuit exporter in the world in 2016, overtaking Singapore, according to the Ministry of Finance (MOF). In its latest report on global IC exports, the ministry said Friday that ... ( read original story ...)
Foxconn fourth-quarter net profit estimated T$71.66 billion, up 4 percent from year ago
TAIPEI (Reuters) - Taiwan's Foxconn (Taiwan:2317.TW - News), the world's largest contract electronics maker and a key Apple Inc (:APPL.O) supplier, reported on Friday 4.2 percent growth in fourth quarter net profit from a year ago, defying expectations for ... ( read original story ...)