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TAIEX falls 3.15% amid embargo threats

The TAIEX yesterday tumbled 3.15 percent, or 557.83 points, to 17,178.69, while the New Taiwan dollar fell 0.48 percent against the US dollar to NT$28.25, an 11-month low, dragged by capital flight as the US threatened more drastic sanctions against Russia and oil prices skyrocketed, traders said. Turnover on the main board was NT$456.783 billion (US$16.17 billion), the highest in more than seven months, Taiwan Stock Exchange (TWSE) data showed, while transaction volume hit a 13-year-high of US$...
T Ai Pei Su Jain Rong Formosa Petrochemical Corp Taipei Forex Inc Taiwan Stock Exchange National Stabilization Fund

Japanese firm to be first to launch primary listing in Taiwan

Japanese firm to be first to launch primary listing in Taiwan 05/10/2021 09:11 PM CNA file photo Taipei, May 10 (CNA) IKKA Holdings (Cayman) Ltd., a precision plastic injection molded component maker, is expected to become the first Japanese company to launch a primary listing in Taiwan, with its listing on the Taiwan Stock Exchange (TWSE) scheduled for May 31, according to the exchange. IKKA Holdings, registered in the British Cayman Islands in March 2016, has its major operations in Japan as ...
United Kingdom Republic Of T Ai Pei Frances Huang Chung Jung Feng Taiwan Stock Exchange

Ministry insists heads of state firms chosen for skills

Ministry insists heads of state firms chosen for skills By Crystal Hsu / Staff reporter The Ministry of Finance yesterday said that professional credentials are what determine its top choices for chief executives of state-run financial institutions, in an attempt to rebut media reports about political intervention. The clarification came after local Chinese-language media said that political influence was behind leadership reshuffles at First Securities Inc (第一金證券), Mega Securities ...
Chen Chih Chuan Yeh Kuang Chang Su Jain Rong Hsu Cheng Chang Chen Pei Chun William Lai

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