TAIPEI, March 9 Taiwan's Cathay Financial Holding Co said on Thursday that it is in exclusive talks to acquire the Malaysian unit of Canada's Bank of Nova Scotia. The Taiwanese group's bank and life insurance units plan to jointly purchase all of Bank of ... ( read original story ...)
COMPUTEX Issues Last Call for Tech Companies to Submit Innovations for 2017 d&i awards
COMPUTEX TAIPEI, the leading global ICT show with a complete supply chain, today announced last call for companies to submit their newest ICT products for the tenth annual d&i (design and innovation) awards. The awards are organized by the Taiwan External ... ( read original story ...)
Taiwan's Cathay Fin in talks to buy Bank of Nova Scotia's Malaysia unit
Unit valued around $200 mln to $300 mln - company estimate * Deal would represent deeper foray by Cathay into SEAsia (Adds likely deal value, context) By Emily Chan TAIPEI, March 9 (Reuters) - Taiwan's Cathay Financial Holding Co is in exclusive talks to ... ( read original story ...)
Taiwan regulator okays CTBC buying stake in Thailand's LH Financial
TAIPEI, March 7 Taiwan's financial regulator approved a deal for CTBC Financial Holding Co to buy a 35.6 percent stake in Thailand's LH Financial Group for 16.6 billion baht ($473.20 million), according to a statement on its website. The deal was announced ... ( read original story ...)
Taiwanese fund managers to restructure IPO commission models
Taiwan’s Financial Supervisory Commission (FSC) has called for local asset managers to restructure their commission models for new initial public offering (IPO) listings in a bid to stem capital outflows. The move comes as the redemption rate for IPOs ... ( read original story ...)
Taiwan’s Financial Supervisory Commission Grants Banks Apple Pay Approval
Taiwan’s financial regulator, the Financial Supervisory Commission, has granted approval to seven major banks to offer Apple Pay – Apple’s biometrically secured mobile wallet – to their customers, paving the way for the service to launch in the state. ( read original story ...)
APEC Green Energy Finance Initiative
1 2015/EWG49/016 Agenda Item: 9 APEC Green Energy Finance Initiative Purpose: Information Submitted by: Chinese Taipei 49 th Energy Working Group Meeting Gyeongju, Korea June 2015 2 APEC Green Energy Finance Initiative (draft for discussion) Proposed by ... ( read original story ...)
China to resist Taiwan, HK independence
China will resolutely oppose and contain Taiwan independence, Premier Li Keqiang has said in remarks prepared for delivery at the opening of the annual meeting of parliament. China is deeply suspicious of Taiwan President Tsai Ing-wen, whose ruling ... ( read original story ...)
Taiwan stocks rise as tech, financials lend support
TAIPEI, March 6 Taiwan stocks rose on Monday, supported by technology and financial shares, as markets viewed a U.S. interest rate hike this month as a near certainty. The main TAIEX index rose 0.1 percent to 9,659.90 points as of 0123 GMT, after closing ... ( read original story ...)
Earnings Analysis of: Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Taiwan Semiconductor Manufacturing Company Limited's target price was set to 31.28 with an IPO date at 10/9/1997. Taiwan Semiconductor Manufacturing Company Limited is now showing 8% EPS growth this year. Finally, Schroder Investment Management Group ... ( read original story ...)
Taiwan stocks rise in line with overseas markets
The financial subindex gained 1.2 percent, while the electronics subindex rose 0.6 percent. Among actively traded shares, Pegatron and Largan Precision , suppliers to Apple Inc , saw gains of more than 1 percent. The Taiwan dollar firmed by T$0.025 against ... ( read original story ...)
Taiwan stocks edge down on profit-taking
The electronics subindex fell 0.4 percent, while the financial subindex was largely flat. Among actively traded shares, the world's largest contract electronics maker Hon Hai Precision Industry Co dropped 0.2 percent. The Taiwan dollar softened T$0.123 ... ( read original story ...)
Taiwan sits out forex intervention to duck Trump blast
"The effects of Trump's pronouncements that some central banks are manipulating their currencies have been quite toxic," said a vice-president at Mega Financial Holding’s banking arm, which is Taiwan's biggest state-run bank operating in overseas markets. ( read original story ...)
Finance ministry plans to raise special deduction for personal income
Taipei, March 1 (CNA) The Ministry of Finance (MOF) said Wednesday that it is studying a proposal to increase a special deduction for individual taxpayers, which would lower their income taxes with effect from next year. The proposal is to raise the ... ( read original story ...)
Taiwan stocks fall as Trump focuses on tax, immigration reforms
Taiwan stock and financial markets were closed on Monday and Tuesday for a public holiday. The electronics subindex was down 0.8 percent, while the financial subindex fell 0.3 percent. Among actively traded shares, Taishin Financial Holding Co was down 0.8 ... ( read original story ...)
2017 WDC Asian Dance Tour Taipei Open Championships Launch in Taipei Arena Feb 28
TAIPEI, TAIWAN--(Marketwired - Feb 26, 2017) - The 2017 Asian Dance Tour Taipei Open will be held on Tuesday, February 28, at the Taipei Arena. Let's break the records again! So far, a total of 937 competitors, including 406 foreign and 531 domestic ... ( read original story ...)