Taiwan

Dollar up on weaker Irma as shares climb towards highs

Dollar up on weaker Irma as shares climb towards highs

Published 11/09/2017

The dollar rose on Monday and world shares climbed back towards record highs, on relief that North Korea did not conduct a further missile test at the weekend when it celebrated its founding anniversary. [more…]

Lucky 8? $1,000 price tag dampens iPhone enthusiasm in China

Lucky 8? $1,000 price tag dampens iPhone enthusiasm in China

Published 11/09/2017

Apple Inc (AAPL.O) will launch an expected "iPhone 8" on Tuesday, hoping the number's auspicious connotations in China will help turn around fortunes in the world's biggest smartphone market after six quarters of falling sales. [more…]

Wu wins China first boys` grand slam title at U.S. Open

Wu wins China first boys` grand slam title at U.S. Open

Published 11/09/2017

Wu Yibing gave China its first boys' grand slam singles champion at the U.S. Open on Sunday, hailing his triumph at Flushing Meadows as proof that his country's males were also capable of playing good tennis. [more…]

Dollar, shares up in Asia on relief at North Korea inaction

Dollar, shares up in Asia on relief at North Korea inaction

Published 11/09/2017

The U.S. dollar won a reprieve from risk aversion on Monday after North Korean dictator Kim Jong Un decided to hold a party over the weekend rather than launch another missile, tempering safe havens such as the yen and Treasuries. [more…]

Bain, SK Hynix group ups bid for Toshiba chip unit to $22 billion: sources

Bain, SK Hynix group ups bid for Toshiba chip unit to $22 billion: sources

Published 09/09/2017

A group including Bain Capital and South Korea's SK Hynix (000660.KS) has raised its offer for Toshiba Corp's (6502.T) chip business to 2.4 trillion yen ($22.3 billion) including a 200 billion yen investment in infrastructure, sources familiar with the matter said. [more…]

Western Digital seeks Y50 billion from Apple to help finance Toshiba chip bid: Kyodo

Western Digital seeks Y50 billion from Apple to help finance Toshiba chip bid: Kyodo

Published 08/09/2017

A group including Western Digital (WDC.O) is seeking around 50 billion yen ($464 million) from Apple Inc (AAPL.O) to help finance a bid for Toshiba Corp's (6502.T) memory chip unit, Kyodo news agency reported on Friday. [more…]

Amazon opens bidding to cities for $5 billion `HQ2`, a second headquarters

Amazon opens bidding to cities for $5 billion `HQ2`, a second headquarters

Published 07/09/2017

Amazon.com Inc (AMZN.O) said on Thursday it would build a $5 billion second headquarters in North America, kicking off a competition between cities and states to offer tax cuts and incentives that could bring 50,000 new jobs. [more…]

Column: Report card on aging nations gives U.S. mixed grades

Column: Report card on aging nations gives U.S. mixed grades

Published 07/09/2017

Which nations are doing the best job adapting to their aging populations? [more…]

Global stocks on defensive after selloff on North Korea fears

Global stocks on defensive after selloff on North Korea fears

Published 05/09/2017

Asian shares eked out small gains on Tuesday as expectations that Beijing will maintain support for its economy ahead of a key congress supported Chinese stocks and metals prices, but worries about North Korea kept many investors on edge. [more…]

Stung by reputation, Taiwan looks to turn corner on money laundering

Stung by reputation, Taiwan looks to turn corner on money laundering

Published 30/08/2017

After Taiwan's state-run Mega Financial Holding Co was fined $180 million by U.S. authorities for lax enforcement of anti-money-laundering rules at its New York branch, the bank started a rigorous training program for its staff. [more…]