Hong Kong protests delay bank deal for Taiwan’s Fubon

TAIPEI (Taiwan News) — The months of confrontation in Hong Kong have delayed plans for Fubon Financial Holding Co. (富邦金控) to sell its banking business in the territory, though interest from Chin...

Taiwan shares soar over 130 points, led by 'Apple concept' stocks

Shares in Taiwan moved sharply higher Tuesday, jumping more than 130 points as major suppliers to Apple Inc. received a significant boost from the strong showing of shares in the U.S. consumer electro...

Six-time Taiwan pro baseball league champion team up for sale

Taipei (CNA) - Six-time Taiwan professional baseball league championship team the Lamigo Monkeys created a bombshell Wednesday when its owner announced that the team is being put up for sale. The d...

Taiwan's central bank expected to keep rates steady for 12th straight quarter

The central bank in Taiwan is unlikely to adjust its key interest rates at its quarterly policymaking meeting on Thursday, according to economists. Talking with CNA over the weekend, the economists...

Taiwan Council of Agriculture partners with Fubon for banana crop insurance scheme

TAIPEI (Taiwan News) — Fubon Property and Casualty Insurance has launched a “banana plant crop” insurance scheme in cooperation with the Executive Yuan’s Council of Agriculture...

Control Yuan impeaches National Taiwan University president

TAIPEI (Taiwan News) – The Control Yuan on Tuesday impeached National Taiwan University President Kuan Chung-ming (管中閔) in a vote of seven to four over his combination of a paid function with a ...

Cabinet accepts education minister's resignation over National Taiwan University appointment

TAIPEI (Taiwan News) – The government approved the resignation of Education Minister Yeh Jiunn-rong (葉俊榮) on Tuesday, just a day after he made public a controversial decision to accept the appoi...

Taiwan's Fubon purchases German landmark

TAIPEI (Taiwan News) — Fubon Life Insurance, a subsidy of Fubon Financial Holding, has purchased its fifth property in Europe, the iconic Eurotower building in Frankfurt, Germany. The financi...

Taiwan Economy might face four major risks next year: Fubon Bank

TAIPEI (Taiwan News) – Fubon Financial Holding Company (FHC), a Taiwan-based financial investment management company on Nov. 3 held a seminar where it pointed out the four major obstacles to eco...

Taiwanese tycoon Terry Gou reclaims mantle as Taiwan’s richest person

TAIPEI (Taiwan News) – Founder and Chairman of Foxconn Terry Gou was named Taiwan’s richest man, with estimated net worth totaling US$7.3 billion (NT$225.8 billion) according to Chinese-ow...

Half of Taiwanese companies report investment loss in China

TAIPEI (Taiwan News) - Approximately 50 percent of 1,275 Taiwanese companies which are listed on the Taiwan Stock Exchange (TWSE) and the Taipei Exchange (TPEX) reported losses from investing in China...

Taiwan FSC threatens to remove vice chairman of Fubon Financial

TAIPEI (Taiwan News) - The government’s Financial Supervisory Commission (FSC) might remove one of the country’s wealthiest businessmen, Daniel Tsai (蔡明忠), as vice chairman of Fubon Financ...

China Development Financial asset management head found dead

TAIPEI (CNA) -- The head of CDIB Capital Management Corp. under China Development Financial Corp. fell to his death from the seventh floor of the company's headquarters Friday, police said they ar...

S&P raises Taiwan's GDP growth forecast to 2.8%

U.S-based ratings agency Standard & Poor's has raised its forecast for gross domestic product (GDP) growth in Taiwan for 2018 to 2.8 percent, citing the nation's strong export performance....

Taiwan ex-President Ma Ying-jeou likely takes lead role in a controversial land deal

TAIPEI (Taiwan News) - Former President Ma Ying-jeou (馬英九) is likely to have played a decisive role in a controversial land deal in which a large parcel of land in Taipei City originally owned by the ...