Breaking Taiwan Business News

Taipei, Nov. 26 (CNA) The Executive Yuan approved Thursday a NT$3.99 trillion (US$122.8 billion) budget for the i-Taiwan 12 projects, which involve carrying out major infrastructure construction to boost economic growth and create jobs. Thursday, NT$2.79 trillion of the budget...

M&M president for automotive sector Pawan Goenka told reporters that there has been a surge in commodity prices, specially that of rubber and sheet metals, which has resulted in pressures on margins. "At the moment we are absorbing the prices...

On Thursday Brazil, which surprised the markets a month ago by imposing a 2 per cent tax on the inflow of money destined for financial assets, said it would further tighten those restrictions. The finance ministry imposed a new 1.5...

Taiwan's economics ministry denied a newspaper report that it rejected an application submitted by a group led by Primus Financial Holdings Ltd. to buy the local unit of American International Group Inc. The ministry on Nov. 13 asked for additional...

These are companies in vastly different industries, from ketchup to mall haunt, from high-tech to oilfield services. A healthy cross-section of sectors is still smarting these days...The9 was growing quickly in China's booming online-gaming industry until it lost a major...

The news that a Hong Kong-based financial group reportedly sold 30 percent of its recently acquired stake in Nan Shan Life Insurance Co., Ltd. to Chinatrust Financial Holding would complicate a government review, a Cabinet official said Wednesday.

Taiwan's stock exchange for announcing a NT$177 billion (US$5.5 billion) takeover by Innolux Display Corp. a day after denying it was in merger talks. The exchange is examining whether the company misled investors, spokesman Stanley Chu said by phone yesterday....