Shares in the Chinese group, which debuted on Friday, fell as much as 5.3 per cent to a low of HK$5.52 ($0.71) per share, compared to an IPO price of HK$5.83. The IPO raised HK$6.7bn in a listing at ...
Taiwan central bank will adopt ‘appropriate’ monetary policy next year
TAIPEI : Taiwan's central bank said on Saturday it will adopt ... its plans for next year that it will carefully watch the domestic and foreign economic and financial situation. It will "adopt an ...
US House Passes National Defense Authorization Act, Including $10B for Taiwan
The bill would authorize the provision of up to $2 billion in military financial aid each year from 2023 to 2027 to the self-governing island democracy that China considers its territory ...
Income taxes drive gains in November tax revenue
Corporate income tax revenue spiked 70.3 percent to NT$7.8 billion, while personal income tax revenue grew 2.6 percent to NT$22.9 billion, the ministry told a news conference in Taipei. Despite an ...
Temasek-backed ShopBack closes US$200 mil Series F round, ‘gears up’ for IPO
The raise will support the Group’s growth efforts across the Asia Pacific as it gears up for the public markets.
US approves $15b for Taiwan weapons funding
The US will provide millions of dollars for the first time to the self-governed island as it comes under increasing pressure from China.
US House passes $858bn defence bill with weapons funding for Taiwan
The US House of Representatives has passed a sweeping $858bn defence spending bill that provides $10bn to fund the provision of weapons to Taiwan as the country comes under increasing pressure from ...
SinoPac aims to maintain 60 percent dividend ratio
SinoPac Financial Holdings Co (永豐金控) aims to maintain its dividend payout ratio at 60 percent next year as it is on track to post stable profit growth this year, the company told an investors’ ...
Year-End Special: 10 equity mutual fund schemes that lost the most in 2022
The scheme that lost the most in 2022 was Nippon India Taiwan Equity Fund. The fund delivered a negative return of 30.66% in 2022. The scheme was launched in December 2021.
Pentagon bill includes up to US$10 billion in grants and loans to Taiwan for arms sales
The Taiwan Enhanced Resilience Act, part of Defence Department budget legislation, would mark the first time the US would directly finance weapons for Taiwan But the bill also drops earlier proposals, ...
Biden administration signs off on $425M in arms sales to Taiwan
The Biden administration has approved two separate arms sales to Taiwan worth more than $425 million as China has stepped up its threats and aggression to the island. The State Department said the ...
Taiwan financial firms’ pretax profit falls 32% to NT$558.5bn
Life insurance companies reported a combined pretax profit of NT$291.4 billion through October, down 22.4 percent from a year earlier, as net investment gains contracted 5.5 percent, commission data ...
Global warning signs: Taiwan’s exports slump more than expected
Taiwan's exports fell for the third straight month in November and more sharply than forecast due to the worsening state of theglobal economy and China's COVID-19 curbs, with inflation and interest ...
Taiwan November Exports Plunge, Outlook Poor
Taiwan's exports fell in November for the third straight month and more rapidly than forecast due to the worsening state of the global economy, and with the outlook again clouded by inflation and ...
UPDATE 1-U.S. to boost Taiwan’s stretched air force with $428 mln in spare parts
The U.S. State Department has approved the potential sale of $428 million in aircraft parts for Taiwan to help its air force, which is strained from repeatedly intercepting Chinese jets operating ...
Dharmaj Crop Guard IPO share allotment: Check status online, grey market premium; listing on 8 Dec
Dharmaj Crop Guard IPO received an encouraging response from investors as the overall issue was subscribed 35.49 times. The portion set aside for qualified institutional buyers (QIBs) and high net ...