Edition:
United Kingdom

Emily Chan

Amid Hong Kong convulsion, Taiwan pitches investors its democracy

15 Jul 2020

TAIPEI Amid political turmoil in financial hub Hong Kong, Taiwan is pitching investors its democracy, rule of law and high quality of life as the island aims to draw more foreign money and talent, Taiwan's top financial regulator said on Wednesday.

Taiwan to enhance scrutiny of Hong Kong, China investment, source says

13 Jul 2020

TAIPEI, July 13 Taiwan plans to enhance scrutiny over investment from Hong Kong to prevent illicit money from mainland China "infiltrating" its economy, after Beijing imposed a new security law on the Asian financial hub, a source with direct knowledge of the matter said.

Taiwan says no need for 'excessive panic' as market slides

13 Mar 2020

TAIPEI Taiwan President Tsai Ing-wen said on Friday that market fundamentals were sound and there was no need for "excessive panic", after the island's bourse at one point plunged more than 7% amid global alarm over the coronavirus pandemic.

UPDATE 4-Taiwan says no need for 'excessive panic' as market slides

13 Mar 2020

* State-backed banks buy stocks at government request - sources

Taiwan to stabilize markets after tumble on virus fears

30 Jan 2020

TAIPEI Taiwan will act to stabilize the stock and foreign exchange markets, President Tsai Ing-wen said on Thursday, as markets there tumbled almost 6% on fears about the outbreak of the new coronavirus in China where 170 people have died so far.

UPDATE 1-Taiwan Jan export orders fall for 3rd month as China, US demand slump

22 Feb 2019

* Ministry sees Feb volume in range of -1.4 pct y/y to -4.5 pct

Taiwan financial regulator aims to send official to China

24 Nov 2017

TAIPEI Taiwan's top financial regulator said it aims to send a high-level official to a private sector meeting in China next month where financial supervisory issues will be discussed, as Taipei seeks to maintain relations even as political ties have chilled.

Taiwan's Cathay Fin in talks to buy Bank of Nova Scotia's Malaysia unit

09 Mar 2017

TAIPEI Taiwan's Cathay Financial Holding Co is in exclusive talks to acquire the Malaysian unit of Canada's Bank of Nova Scotia, in a deal that could be valued at around $200 million to $300 million.

Taiwan regulator seeks to reduce banks' exposure to China - sources

16 Jun 2016

TAIPEI, June 16 Taiwan's financial regulator is getting local banks to lower their exposure to China by clamping down on the amount of yuan business they can conduct, two people familiar with the matter told Reuters.

TSMC says quake impact on first-quarter shipments no more than 1 percent

06 Feb 2016

TAIPEI Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said silicon wafers were damaged at a plant in southern Taiwan where a quake hit early on Saturday, affecting no more than 1 percent of first-quarter shipments.

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