Phone fraud worsen Beijing-Taiwan tensions

Liu Tai-ting was hoping to make money to support his child when he moved to Kenya from Taiwan and joined in what Chinese authorities say was a telephone fraud scheme, posing as a government official to demand bogus payments and gain control of his victims ... ( read original story ...)

Official uniform invoice app to be launched in 2019

Taipei, March 13 (CNA) The Ministry of Finance will launch an official mobile app next year that will allow winners of the bi-monthly uniform invoice lottery managed by the ministry to claim their prizes through electronic transactions and have their prize ... ( read original story ...)

No term limit could allow Xi to be bold on Hong Kong, Taiwan

Since passing from British to Chinese rule in 1997, the financial hub has operated as a "special administrative ... into just another Chinese city," he said. Self-governing Taiwan, however, is quite a different story, posing a direct challenge to the ... ( read original story ...)

Cathay Financial raises Taiwan’s 2018 GDP growth forecast

Taipei, March 12 (CNA) Cathay Financial Holding Co., one of the largest financial holding firms in Taiwan, said Monday that it has raised its forecast for Taiwan's gross domestic product (GDP) growth for 2018, citing strong global demand. Joining the ... ( read original story ...)

China courts technology and Taiwan with Foxconn IPO

China is rolling out the welcome mat for technology companies — and Taiwan. Foxconn, the world’s largest electronics assembler and key Apple supplier, is set to list a $50 billion-plus subsidiary in Shanghai. The speedy approval shows Beijing is ... ( read original story ...)

Foxconn gets China go-ahead for Shanghai IPO of subsidiary

SHANGHAI (Reuters) - China has approved the Shanghai listing of an internet and industrial-focused subsidiary of Taiwan’s Foxconn ... had obtained the regulatory go-ahead for the planned IPO. Foxconn, formally known as Hon Hai Precision Industry Co ... ( read original story ...)

China enlists Foxconn unit IPO in unification campaign

Foxconn Industrial is seen raising 27.3 billion yuan ($4.3 billion) through the IPO. The purpose of the listing is "to expand ... "We'll encourage Taiwanese companies to list," Zhang Zhijun, director of the Taiwan Affairs Office of China's State Council ... ( read original story ...)

Taiwan, Poland sign MOU on financial technology cooperation

Taipei, March 6 (CNA) Taiwan and Poland signed a memorandum of understanding (MOU) Tuesday on cooperation in the development of financial technology. The cooperation agreement was signed by Wellington Koo (顧立雄), chairman of the Financial Supervisory ... ( read original story ...)

China to review Hon Hai unit IPO application unusually quickly

Taipei, March 5 (CNA) China's top securities regulator will soon review an initial public offering (IPO) application filed by a subsidiary of Taiwan-based manufacturing giant Hon Hai Precision Industry Co. In a statement released Sunday, the China ... ( read original story ...)

Taiwan tea brand retailer charts path to sales growth

With a market share of 24.3 percent, the premier Taiwanese tea-based beverage brand has opened retail outlets in Taiwan, Japan, Singapore ... and adversely affected," the company says in the IPO prospectus. Lego Corporate Finance Limited is the sole ... ( read original story ...)

New Taipei deputy mayor announces mayoral bid

The mayor approved his resignation, and a handover ceremony will be held March 6, during which New Taipei City Department of Finance Director-General Lu Wei-ching (呂衛青) will take over as deputy mayor. KMT Organizational Development Committee Director ... ( read original story ...)

Air New Zealand launching Auckland-Taipei flights

Air New Zealand will start operating non-stop flights between Auckland and Taipei, Taiwan in November. The airline says it'll fly between the cities up to five times a week with its Boeing 787-9 Dreamliner aircraft. The route's travel time is just over 11 ... ( read original story ...)