finance and technology shares, in particular. For the day, the index soared 293.35 points or 2.81 percent to finish at 10,714.44, after trading between 10,559.79 and 10,720.48 on turnover of 145.13 billion Taiwan dollars. Among the actives, China Steel ... ( read original story ...)
Walsin Lihwa : Board meeting of Walsin Lihwa approves 2017 financial statements
Taipei, February 23-- A board meeting of Walsin Lihwa today approved the company's 2017 financial statements. The meeting also decided to hold the 2018 general shareholders' meeting at 09:00 a.m. on May 25 (Fri.), 2018, at multifunctional hall, 1st Floor ... ( read original story ...)
TUV Rheinland Helps Delta Electronics Secure First Medical-Grade Certification for High-Voltage X-Ray Power Generators in Taiwan
TAIPEI, Taiwan, Feb. 23, 2018 /PRNewswire/ -- Delta Electronics has achieved another breakthrough in the power-supply sector with its latest development -- a high voltage generator for X-ray equipment, which recently received medical device certification ... ( read original story ...)
Taiwan Bourse May Extend Thursday’s Losses
Among the actives, Largan Precision skidded 2.66 percent, while Au Optronics lost 0.75 percent, Taiwan Semiconductor Manufacturing Company dropped 1.24 percent, Innolux tumbled 1.15 percent, Hon Hai Precision shed 0.34 percent, Fubon Financial eased 0.19 ... ( read original story ...)
Asia Agri-Tech Expo & Forum to Introduce Total Solutions for Extreme Weather on July 26-28
TAIPEI, Taiwan, Feb. 22, 2018 /PRNewswire/ -- According to FAO, 26% crop losses resulted from the extreme weather such as windstorm, flood and drought that had happened in most of the developing countries. Not only farmers suffered severely, but also ... ( read original story ...)
Not for the faint-hearted: racing up Taipei 101
The event is co-organised by skyscraper operator Taipei Financial Center Corp. (TFCC) and Austria-headquartered Towerrunning World Association (TWA). In addition to the elite competition, Taipei 101 will also be hosting a public event on the same day for ... ( read original story ...)
Four arrests over Taiwan’s ‘first’ bitcoin robbery
Taiwan police have arrested four men over a bitcoin robbery worth Twd$5 million ($170,000) in what they said was the first case of its kind on the island. Bitcoin is a virtual currency created from computer code that allows anonymous transactions and its ... ( read original story ...)
Taiwan encourages insurance funds to invest in wind and solar.
Taiwan Life also plans to invest NT$327 million to increase the capitalization of a PV power subsidiary of Gigastorage Corp., which already has over 30MW in PV power capacity. In March 2017, the Financial Supervisory Commission (FSC) began approving – on ... ( read original story ...)
Acer expects to benefit from Philippines infrastructure construction
Taipei, Feb. 21 (CNA) Taiwan-based Acer Inc., one of the ... Jason Chen (陳俊聖) said he learned from recent conversations with the Philippine minister of finance, Carlos Dominguez, that the Southeast Asian country will raise its infrastructure ... ( read original story ...)
Major loans in China finance, Indonesia, Taiwan
The second-largest Finance sector deal signed in China in 2018 YTD Zhejiang Zheshang Asset Management has signed a RMB 750 million facility through joint bookrunners and mandated lead arrangers Fubon Bank, KEB Hana Bank, and Nanyang Commercial Bank. ( read original story ...)
Evans Chamberlain Asset Management reports Ant Financial’s $100 billion valuation
TAIPEI, Taiwan, Feb. 15, 2018 /PRNewswire/ - Evans Chamberlain Asset Management have recently highlighted that Chinese Fintech firm Ant Financial Services Group, an affiliate of Alibaba, plans to raise money in a new round of financing that values the ... ( read original story ...)
Car liability insurance premiums to rise for drunk drivers
Taipei, Feb. 19 (CNA) Premiums for compulsory auto liability insurance will be increased by NT$3,600 (US$123.5) for every time a motorist is caught driving under the influence of alcohol, starting from March 1, according to Taiwan's Financial Supervisory ... ( read original story ...)
(OFFICIAL)–Itochu says to sell stake in Ting Hsin, buys TFCC share
TOKYO, Feb 15 (Reuters) - Japan's Itochu Corp said on Thursday it will sell its 17.8 percent stake in Ting Hsin International to the Chinese food processor for $440 million, and buy a 37.2 percent stake in Taipei Financial Center Corp (TFCC) from Ting Hsin ... ( read original story ...)
BRIEF-Taiwan Liposome Files For U.S. IPO Of Up To $50.0 Million
Feb 16 (Reuters) - Taiwan Liposome Co Ltd: * TAIWAN LIPOSOME CO LTD FILES FOR U.S. IPO OF UP TO $50.0 MILLION OF AMERICAN DEPOSITARY SHARES - SEC FILING * TAIWAN LIPOSOME CO LTD SAYS INTEND TO APPLY TO LIST ADSS ON NASDAQ GLOBAL MARKET UNDER SYMBOL “TLC ... ( read original story ...)
wpd commences financing process for Taiwan wind projects
wpd Group has now started the financing process with Sumitomo Mitsui Banking Corporation (SMBC) as financial advisor. wpd Taiwan Energy Co. Ltd intends to commission the Guanyin (360 MW) and Yunlin (700 MW) offshore wind projects in 2020, having started ... ( read original story ...)
Quake-hit Taiwan city winds down rescue efforts, five still missing
HUALIEN, Taiwan (Reuters) - Rescue operations in Taiwan started to wind down on Friday after a devastating 6.4-magnitude earthquake rocked the tourist area of Hualien this week, taking a toll of 12 dead and five missing. More than 270 people were injured ... ( read original story ...)