The Chinese military conducted large-scale drills in the waters and airspace around Taiwan on Tuesday that included an aircraft carrier battle group, as it again warned the self-ruled democracy against seeking formal independence. The exercises involved navy, air ground and …
Taiwan aims to get more than $1.5 billion in investment from insurance funds to help finance the island’s green energy transition as part of its climate change and carbon reduction goals, Environment Minister Peng Chi-ming has said. Although most countries …
Taiwan will suspend trading on its $2.5 trillion stock exchange Thursday as a powerful typhoon barrels toward the archipelago. Super Typhoon Kong-Rey has intensified as it skirts the Philippines and tracks toward Taiwan, where it’s expected to make landfall on …
Shin Kong Financial Holding Co. secured shareholder approval for its merger with Taishin Financial Holding Co., creating the fourth-biggest financial conglomerate in Taiwan. The results were announced Wednesday after both companies held extraordinary shareholder meetings. Some 92.8% of Taishin’s shareholder …
Taiwan mobilized nearly 40,000 troops on Tuesday to be on standby for rescue efforts as powerful Typhoon Krathon approached its populous southwest coast which is bracing for a storm surge. As the typhoon approached, helicopters lifted to safety 19 sailors …
Taiwan’s financial regulator rejected on Monday a takeover attempt by financial conglomerate CTBC of rival Shin Kong saying its plans were incomplete. CTBC made an unexpected bid for Shin Kong last month, upending a proposal for Shin Kong to merge …
Taiwan financial conglomerate Taishin said it would raise its offer for peer Shin Kong by 25% to about T$222.4 billion ($7 billion), in a deal that would be Taiwan’s biggest-ever financial services industry merger. Taishin and Shin Kong’s long-mooted tie-up, …
DBS Group Holdings Ltd. is considering forming insurance partnerships in India and Taiwan to expand its services in the region, according to people familiar with the matter. The Singapore-based lender is working with Goldman Sachs Group Inc. as an adviser …
Taiwan’s CTBC Financial Holding Co. said it plans to buy smaller rival Shin Kong Financial Holding Co., a move that could form the island’s largest financial conglomerate. Amid speculation swirling of a takeover, the Taipei-based firm announced it will file …
A suspected Chinese state-sponsored hacking group has stepped up its targeting of Taiwanese organizations, particularly those in sectors such as government, education, technology and diplomacy, according to cybersecurity intelligence company Recorded Future. In recent years, relations between China and Taiwan, …
