DBS’s purchase of Citi’s local consumer business in January was a timely reminder of Taiwan’s allure. Yes, the island lies on a geopolitical fault line and the banking sector is crowded. But it’s also ... ( read original story ...)
Hana Bank opens Taiwan branch, becomes first Korean to have a commercial branch in the country
Hana Bank has set up a commercial bank in Taiwan, and its office is located in the countrys capital of Taipei. With this new location, the financial company has become the first South Korean ... ( read original story ...)
Business News at 9:30 am on 27th April
Here is the latest Business news from the Indian Express at 9:30 am on the 27th of April, 2022 “You are listening to the Expresso Business Update. Here is the latest news from the world of Indian and ... ( read original story ...)
China says US hyped sailing of Navy warship in Taiwan Strait
China protested Wednesday against the sailing of a U.S. Navy guided-missile destroyer through the Taiwan Strait the previous day, accusing the American side of hyping the maneuver.The Navy's ... ( read original story ...)
Taiwan says Ukraine conflict will inform this year’s military drills
Taiwan's main military drills this year will draw on the experiences of the war in Ukraine, focusing on asymmetric and cognitive warfare as well as use of reserves as it practices fighting off a ... ( read original story ...)
US will keep supporting Taiwan’s ‘asymmetric’ defence efforts, Antony Blinken says
Secretary of State Antony Blinken faces questions from US lawmakers of both parties about President Joe Biden’s resolve on Taiwan. ( read original story ...)
Taiwan sees ‘relatively small’ hit from China lockdowns, Ukraine war
Taiwan is taking a cautious approach but at the moment sees only a "relatively small" impact on its economy from both COVID-19 lockdowns in eastern China around Shanghai and the war in Ukraine, a ... ( read original story ...)
China condemns latest U.S. sailing through Taiwan Strait
China's military on Wednesday condemned the United States after a U.S. warship sailed through the sensitive Taiwan Strait, saying such missions "deliberately" harm peace and stability. ( read original story ...)
Tech Shares Likely To Drag Taiwan Stocks Lower
The Taiwan stock market on Tuesday ended the three-day lowing streak in which it had dropped more than 525 points or 1.5 percent. The Taiwan Stock Exchange now sits just beneath the 16,650-point ... ( read original story ...)
Taiwan expansion to boost Frontken’s net profit
Frontken Corp Bhd is expected to see a 22% lift in core net profit in its next financial year ending Dec 31, 2023, underpinned by the expansion of the group’s second Taiwan plant. ( read original story ...)
Japan-China Tensions Over Taiwan Add Pressure On The Yen
Then there are geopolitical factors like the rising tensions in the Taiwan Strait, which further undermine the yen's status as a safe-haven currency. "Although the yen is usually thought of as a ... ( read original story ...)
HSBC pretax profit drops nearly 30%
HSBC Holdings PLC yesterday said that first-quarter profit dropped nearly 30 percent owing to higher-than-expected credit losses and inflation, but the Asia-focused lending giant remained upbeat about ... ( read original story ...)
‘House of Sweden’ in Taipei motion tabled at Riksdag
Swedish lawmakers have proposed a motion to have a building in Taiwan similar to the House of Sweden in Washington, with the motion expected to be debated and voted on soon, the Ministry of Foreign ... ( read original story ...)
Taiwan Doesn’t Need a Formal U.S. Security Guarantee
Richard Haass and David Sacks reignited a debate over providing a formal U.S. security guarantee to Taiwan, ending decades of strategic ambiguity regarding U.S. ( read original story ...)
Russia’s war on Ukraine makes China’s attack on Taiwan more likely
World leaders were universally shocked by Russia’s invasion of Ukraine, with two exceptions. President Biden said U.S. intelligence gave him plenty of advance notice. China’s Xi Jinping met ... ( read original story ...)
Taiwan controls almost half of the global foundry capacity, other governments racing to build more fabs locally
Following the past few years of chip shortages caused by pandemic shutdowns and geopolitical turmoil, more and more governments are trying to create local chip production ... ( read original story ...)