Taiwan tycoon sentenced to 8 years and 6 months for illegal loans

TAIPEI (Taiwan News) — Former SinoPac Financial Holdings Co. (永豐金控) Chairman Ho Shou-chuan (何壽川) was sentenced to eight years and six months in prison for illegal loans Friday (Nov. 20), but his...

Taiwan's investment forums go online amid virus pandemic

In order to build a faster and more efficient communication channel between Taiwan's high-quality listed companies and international institutional investors, the Taiwan Stock Exchange and SinoPac ...

SinoPac picks economist to be Taiwan's first-ever female chair of privately owned bank

TAIPEI (Taiwan News) — The SinoPac Financial Holdings board of directors appointed the scholar Chen Shi-kuan (陳思寬) as its chair, marking the first time in Taiwan's history that a woman has h...

Taiwan's financial holding firms post record net profit in 2019

The 15 financial holding companies listed on Taiwan's equity market raked in an aggregate net profit NT$349.99 billion (US$11.70 billion) in 2019, which was a record annual high, according to mark...

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...

Taiwan Futures Exchange awards top 43 futures traders

TAIPEI (Taiwan News) — The Taiwan Futures Exchange (TAIFEX) on Tuesday (Nov. 12) awarded 43 financial institutions for their dedication to promoting growth in futures trading, enabling win-win s...

Taiwan parties to announce legislator-at-large nominees for 2020 elections

TAIPEI (Taiwan News) — Taiwan's three major political parties are slated to nominate candidates for legislator-at-large seats this week ahead of the Jan. 11 elections, with most of them bein...

Taiwan hikes fines for illegal investments from China

TAIPEI (Taiwan News) - NT$25 million (US$810,000) is the new maximum fine for illegal investments from China, following the third reading of an amendment by the Legislative Yuan Tuesday. The hike f...

Foreign investors overbought NT$2.16 billion during Aug. 6-10

TWSE announced today that the securities net overbought position by foreign investors was NT$2.16 billion during the week of Aug. 6~Aug. 10, 2018. This represented the difference between NT$154.75 bil...

Societe Generale approved to issue Taiwan dollar green bonds

Taipei (CNA) - Societe Generale, a French-based banking group, has secured approval from the Financial Supervisory Commission (FSC) to issue Taiwan dollar-denominated "green bonds" in Taiwan...

Taipei mayor pledges to minimize cash transactions at city markets

TAIPEI (Taiwan News)—Taipei Mayor Ko Wen-je (柯文哲) reaffirmed his commitment to “make cash and coin disappear” from business transactions in Taipei City during the inauguration ceremo...

Taiwanese tycoon needs 90 minutes to find NT$400 million for bail

TAIPEI (Taiwan News) – SinoPac Financial Holdings Co. (永豐金控) founder Ho Show-chung (何壽川) needed less than an hour and a half to find NT$400 million (US$13 million) to pay for bail, reports said ...

Taiwan headline news

Taipei, Aug. 18 -- The lead stories in major Taiwan Chinese language dailies on Friday are as follows: @United Daily News: CPC Corp., Taiwan chairman triggers war among DPP factions following Tuesday...

Taiwan Headline News

Taipei, June 27 -- The lead stories in major Taiwan Chinese language dailies on Tuesday are as follows: @United Daily News: SinoPac Holdings chairman steps down after criticism from Tsai. @China Tim...

Editorial: Fighting money laundering is good diplomacy for Taiwan

The government announced that from June 28, laws against money laundering will expand to include measures covering relatives of politicians or even acquaintances and extramarital lovers. The new ru...