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Taiwan Finance News is an EIN News Service for finance industry professionals. Constantly updated news and information about Taiwan Finance.
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Latest Taiwan Finance News

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  • Q+A-How will Taiwan banks change after fin MOU with China? 16 Nov 2009 13:14 GMT
    ... By Faith Hung TAIPEI, Nov 16 (Reuters) - Taiwan ... percent of their total assets in Taiwan stocks. The MOU is an entry ticket for ... could take even longer for the island's insurance firms to break even and make profits ...

  • RPT-Q+A-How will Taiwan banks change after fin MOU with China? 17 Nov 2009 01:50 GMT
    ... TAIPEI, Nov 16 (Reuters) - Taiwan and China signed ... percent of their total assets in Taiwan stocks. The MOU is an entry ticket for ... could take even longer for the island's insurance firms to break even and make profits ...

  • Taiwan stocks open higher, Chinatrust gains 18 Nov 2009 01:53 GMT
    ... TAIPEI, Nov 18 (Reuters) - Taiwan stocks opened 0.43 percent higher on Wednesday following ... jumped 4.18 percent, while the banking and insurance sub-index For a table of foreign trading ...

  • Taiwan stocks edge up; Chinatrust lifts financial shares 18 Nov 2009 03:13 GMT
    ... TAIPEI, Nov 18 (Reuters) - Taiwan stocks rose 0.32 percent on Wednesday on hopes ... rose 2.46 percent, while the banking and insurance Chinatrust Financial, which lost a bid to ...

  • Taiwan stocks end higher, Chinatrust Financial up 18 Nov 2009 06:15 GMT
    ... TAIPEI, Nov 18 (Reuters) - Taiwan stocks ended up 0.43 percent on Wednesday as ... rose 0.74 percent, while the banking and insurance For a table of foreign trading in ...

  • RPT-Taiwan, China ink financial pact, to take effect soon 17 Nov 2009 01:35 GMT
    ... to amend laws to allow Chinese banks' investment * Chinese banks seen buying Taiwan bank ... holding companies by assets -- and top credit card issuer Chinatrust ( ) are seen as ... counterparts, industry sources said. Taiwan's banking and insurance sub-index .TFNI has jumped 55 percent so ...

  • Taiwan stocks rise as techs and financials gain 24 Nov 2009 07:13 GMT
    ... TAIPEI, Nov 24 (Reuters) - Taiwan stocks rose 0.36 percent on Tuesday after a ... 0.56 percent, with Chinatrust, the island's largest credit card issuer, 'A bounce on Wall Street and ... significantly higher,' said Rayming Yu, the chief investment officer at Prudential Financial Securities Investment Trust. ...

  • Chinatrust buys stake in AIG's Taiwan unit for US$660mil 18 Nov 2009 04:31 GMT
    ... Taiwan unit for US$660mil TAIPEI: Taiwan's biggest credit card issuer Chinatrust Financial Holding Co. says it ... 30 percent stake in AIG's Taiwan life insurance unit from Hong Kong-based China Strategic Holdings ... involved. Taiwan law does not allow Chinese investment in the financial sector, including insurance companies. ...

  • Taiwan's Chinatrust buys 30 per cent stake in AIG's Taiwan unit for $660 million 18 Nov 2009 05:19 GMT
    ... TAIPEI, Taiwan - Taiwan's biggest credit card issuer Chinatrust Financial Holding Co. says it ... per cent stake in AIG's Taiwan life insurance unit from Hong Kong-based China Strategic Holdings ... involved. Taiwan law does not allow Chinese investment in the financial sector, including insurance companies. ...

  • Taiwan's Chinatrust buys 30 percent stake in AIG's Taiwan unit for $660 million 18 Nov 2009 05:19 GMT
    ... TAIPEI, Taiwan (AP) - Taiwan's biggest credit card issuer Chinatrust Financial Holding Co. says it ... 30 percent stake in AIG's Taiwan life insurance unit from Hong Kong-based China Strategic Holdings ... involved. Taiwan law does not allow Chinese investment in the financial sector, including insurance companies. ...

  • Chinatrust buys stake in AIG's Taiwan unit 18 Nov 2009 07:32 GMT
    ... TAIPEI, TaiwanTaiwan's biggest credit card issuer Chinatrust Financial Holding Co. says it ... 30 percent stake in AIG's Taiwan life insurance unit from Hong Kong-based China Strategic Holdings ... involved. Taiwan law does not allow Chinese investment in the financial sector, including insurance companies. ...

  • UPDATE 1-Chinatrust agrees to buy stake of AIG's Taiwan unit 17 Nov 2009 12:40 GMT
    ... TAIPEI, Nov 17 (Reuters) - Chinatrust Financial ( ), ... to acquire AIG's ( ) Taiwan life insurance unit, said on Tuesday it agreed to ... collapse last year. Before the announcement, Chinatrust stocks closed 3.3 percent lower at T$20.35, trailing ...

  • Taiwan signs financial agreements with China 16 Nov 2009 15:52 GMT
    ... the way for closer cooperation in banking, insurance and securities, Taiwanese authorities said. The agreements, ... follow long standing pressure from the island's finance industry to gain greater access to the huge ... was the main recipient of Taiwan's outbound investment, and that the mainland was also Taiwan's ...

  • UPDATE 1-China, Taiwan politics clog AIG's Nan Shan deal 19 Nov 2009 09:33 GMT
    ... backing of Primus, China Strategic * Taiwan Investment Commission yet to review deal application * ... of AIG's ( ) Nan Shan Life insurance unit, China Strategic ( ) and Primus ... 9.95 percent stake of Chinatrust, Taiwan's top credit card issuer, for T$20.8 billion via a private ...

  • China, Taiwan politics clog AIG's Nan Shan deal 19 Nov 2009 09:42 GMT
    ... of AIG's ( ) Nan Shan Life insurance unit, China Strategic ( ) and Primus ... 9.95 percent stake of Chinatrust, Taiwan's top credit card issuer, for T$20.8 billion via a private ... Primus was founded by Citigroup's former top investment banker in Asia, Robert Morse. Morse told ...

  • Taiwanese banks look for new opportunities in China 17 Nov 2009 14:56 GMT
    ... SINGAPORE: Banks in Taiwan are looking at new ... MOUs, mainland Chinese and Taiwanese financial and insurance firms will be allowed to operate in ... is expected early next year. Taiwanese financial stocks traded lower on Tuesday amid profit-taking after ...

  • UPDATE 1-Taiwan, China ink financial pact, to take effect soon 16 Nov 2009 12:36 GMT
    ... By Faith Hung TAIPEI, Nov 16 (Reuters) - Taiwan ... strong in consumer banking businesses such as credit cards and wealth management, they won't be able ... ECFA agreement,' Chu said. Taiwan's banking and insurance sub-index has jumped 55 percent so far this ...

  • World stocks slide amid valuation concerns 19 Nov 2009 17:13 GMT
    ... Intel leads big retreat in world markets World stocks slid Thursday after analysts at Bank of ... dented the optimism. Figures Thursday from the Mortgage Bankers Association showing that more than 14 percent ...

  • Taiwan Data Watch-Third-quarter current account 20 Nov 2009 01:56 GMT
    ... TAIPEI, Nov 20 (Reuters) - The following Taiwan economic indicators and events are scheduled for ... Accounting and Statistics Central Bank Ministry of Finance Ministry of Economic Affairs Council for Economic Planning ...

  • Taiwan Data Watch-Oct export orders, employment data 23 Nov 2009 02:13 GMT
    ... TAIPEI, Nov 23 (Reuters) - The following Taiwan economic indicators and events are scheduled for ... Accounting and Statistics Central Bank Ministry of Finance Ministry of Economic Affairs Council for Economic Planning ...

  • Vice premier touts Taiwan's advantages as heartland of Chinese culture 23 Nov 2009 07:52 GMT
    ... and Rachel Chan, CNA Vice premier touts Taiwan's advantages as heartland of Chinese culture TAIPEI, Taiwan -- Vice Premier Eric Liluan Chu ... noting that it has already revised 425 investment-related regulations. Turning to economic issues such as ...

  • MOF in Taiwan to End Subsidizing New Cars Sold in Taiwan 16 Nov 2009 06:36 GMT
    ... MOF in Taiwan to End Subsidizing New Cars Sold in ... sold in Taiwan, but the Ministry of Finance (MOF) prefers otherwise, instead proposes to offer incentives ...

  • Sale of AIG Taiwan Unit Grows Tense 23 Nov 2009 22:53 GMT
    ... The consortium alarmed Taiwan officials last week when it announced its ... a 30% stake in Nan Shan to Taipei-based credit-card issuer Chinatrust Financial for a 9.95% ...

  • Jiangsu Provincial CPC Committee Chief Visits AUO in Taiwan 18 Nov 2009 07:36 GMT
    ... Provincial CPC Committee Chief Visits AUO in Taiwan Taipei, Nov. 18, 2009 (CENS)--AU Optronics Corp. (AUO), ... TFT-LCD production line in mid-September and total investment will amount to US$3.3 billion. All senior ...

  • Thai stocks seen range-bound, GDP in focus 23 Nov 2009 02:20 GMT
    ... BANGKOK, Nov 23 (Reuters) - Thai stocks are expected to trade in a narrow ... above $1,160 on inflation worry[GOL/] The top credit card issuer said it planned to raise capital ...


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