Premier Lai unveils development plan for financial sector

Taipei, June 14 (CNA) Premier Lai Ching-te (賴清德) said Thursday the government will roll out an action plan for the development of the financial industry with the aim of bringing at least another 100 companies into the stock exchange and over-the ... ( read original story ...)

Taiwan Rapper Blasts Citi, Deutsche Bank for Shelved Startup IPO

Jeffrey Huang, the veteran rapper who pioneered Taiwan’s hip-hop scene, publicly lashed out at two investment banks after his tech startup shelved its U.S. initial public offering. The Facebook post, which was visible late afternoon local time Wednesday ... ( read original story ...)

Taiwan top-3 telecom operators report strong sales for May

Taiwan's top-three mobile service providers, Chunghwa Telecom (CHT), Taiwan Mobile and Far EasTone Telecommunications, have all reported strong sales for May due to the launch of cheaper mobile services, according to data released by the companies. ( read original story ...)

Taiwan’s M17 Entertainment postpones $83 million US IPO

M17 Entertainment, a Taiwan-based live music streaming platform and dating app, postponed its IPO on Wednesday. It had filed to raise $83 million by offering 7.5 million shares at a price range of $10 to $12. The Taipei, Taiwan-based company was founded in ... ( read original story ...)

Taiwan Stock Market May Find Traction On Tuesday

First Financial picked up 0.24 percent, Chunghwa Telecom dipped 0.45 percent, China Steel tumbled 1.23 percent, Taiwan Steel Union declined 0.43 percent and AU Optronics and CTBC Financial were unchanged. The lead from Wall Street suggests slim upside as ... ( read original story ...)

U.S. praises ties with Taiwan as de facto embassy unveiled

The U.S. dedicated a new de facto embassy in Taiwan on Tuesday in what officials described as an indicator of robust ties with the self-governing island democracy that China claims as its own territory. The ceremony, which drew an angry response from ... ( read original story ...)

Taiwan’s household spending rose 1.8% in 2017

E-commerce orders ballooned 46.1% due to higher smartphone use. Taiwan’s expenditures per household thrived with a steady compound annual growth rate (CAGR) of 1.8% from 2015 to 2017 despite an economic slowdown in mainland China in 2015. Taiwan ... ( read original story ...)

Washington opens de facto embassy in Taiwan, angering China

Beijing (CNN)China on Tuesday lodged a protest with the US after Washington opened its new de facto embassy in Taiwan, a self-ruled island off China's southeastern coast that Beijing considers a renegade province. "The United States sending officials to ... ( read original story ...)

U.S. shows new de facto embassy in Taiwan amid China tensions

The ceremony was attended by high-ranking Taiwan officials and senior business executives, including Morris Chang, the former chairman of Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's biggest contract chip maker. China claims self-ruled ... ( read original story ...)