Son of ex-US Rep. Christopher Collins spared prison

NEW YORK (AP) — The son of former U.S. Rep. Christopher Collins was spared a prison sentence Thursday after pleading guilty in an insider trading conspiracy with his father. U.S. Dis...

Why that green fund you bought might include a coal miner

NEW YORK (AP) — Environmentally conscious investing received a lot of attention last week after the world’s largest asset manager said it plans to put climate change and sustainability at the center o...

Tesla passes $100 billion, teeing up big payout for Musk

DETROIT (AP) — The meteoric rise of Tesla shares that pushed the company's value over $100 billion could turn into a supercharged payday for CEO Elon Musk. Stock in Tesla Inc. rose a...

U.S. brokerage raises target price on TSMC shares to over NT$400

An American brokerage has increased its target price on shares of Taiwan Semiconductor Manufacturing Co. (TSMC) to NT$402 (US$13.42) after the company's strong 2020 guidance at an investor confere...

Bank of America 4Q profits fall with lower interest rates

NEW YORK (AP) — Consumer banking giant Bank of America is saying its fourth-quarter profits fell 4% from a year ago, as the bank was impacted by the rapid decline of interest rates in late 2019. ...

Prosecutors seek nearly 5 years in prison for ex-Congressman

NEW YORK (AP) — A former congressman should serve nearly five years in prison for insider trading, especially after coming to represent “the cynical idea that those in power who make the laws are not ...

Taiwan Futures Exchange to launch sustainability indices in 2020

TAIPEI (Taiwan News) — The Taiwan Futures Exchange (TAIFEX) saw nearly 270 million futures contracts traded in 2019, which is above the six-year average of 250 million, and is set to promote sus...

Former top stockbroker to go on trial for fleecing clients

A former Pennsylvania stockbroker who was kicked out of the securities industry and ordered to pay millions of dollars in damages to customers he allegedly fleeced faces trial Monday on an unusual set...

Planned refinery by national park hurt by funding, lawsuits

BISMARCK, N.D. (AP) — Anemic funding, alleged unpaid work and legal fights are hobbling developers of a proposed $800 million oil refinery near Theodore Roosevelt National Park in western North Dakota...

Taiwan shares end down amid geopolitical conflicts

Shares in Taiwan moved lower Wednesday, extending losses from a session earlier, as investors were motivated to cut their holdings by Iran's bombing of an airbase in Iraq housing U.S. troops, deal...

Ex-Goldman Sachs banker pleads guilty to insider trading

NEW YORK (AP) — A former banker at Goldman Sachs pleaded guilty to an insider trading charge Tuesday, admitting that he stole secrets from the investment bank and gave them to a securities trader in S...

Nissan says ex-chairman Ghosn guilty of 'serious misconduct'

TOKYO (AP) — Nissan said Tuesday it will still pursue legal action against its former chairman, Carlos Ghosn, despite his escape from Japan to Lebanon. The Japanese automaker said in a statem...

Ex-Nissan boss Ghosn in Lebanon, left Japan over ‘injustice’

TOKYO (AP) — Nissan’s former Chairman Carlos Ghosn said Tuesday from Lebanon that he was not fleeing justice but instead left Japan to avoid “injustice and political persecution&rdqu...

Taiwan's JCIC honors institutions for excellent credit information management

TAIPEI (Taiwan News) — To improve the availability, accuracy, and quality of credit information, Taiwan's Joint Credit Information Center (JCIC) has established three awards since 2007 to ho...

Business Highlights

___ Former Uber CEO Kalanick severs ties with ride-hailing giant NEW YORK (AP) — Former Uber CEO Travis Kalanick is severing ties to the ride-hailing company he co-...