Dubai's debt crisis may not sow lasting global contagion, but it may colour a 2010 investment landscape where asset managers will likely differentiate more between risks rather than embracing them indiscriminately. The global market sell-off after last Wednesday's Dubai bombshell...
Morgan Stanley has shortlisted bidders including five U.S. private-equity firms and Taiwan's Fubon Financial Holding Co. China International Capital Corp., according to people familiar with the situation, a deal that could fetch around $1 billion. Bain Capital LLC, Carlyle Group...
Just yards from the murky waters of Noyo Harbor, the boats sit tilted sideways on scraggly grass, their hulls rusted, their white paint peeling. Bruce Abernathy has collected them for years on the cheap, hoping to make a killing selling...
Industrial output rose a seasonally adjusted 0.5 percent in October on strength in machinery and metal products makers, but the reading was weaker than expected due to sluggishness in the high-tech and auto industries. The government reported Monday that the...
Taiwan shares closed up 1.22 percent yesterday as concerns eased over Dubai's debt crisis after the United Arab Emirates' central bank moved to offer support, dealers said. The weighted index rose 91.30 points to 7,582.21 on turnover of NT$95.46 billion...
A recent deal in Taiwan's flat-panel sector could force the island's dominant maker, AU Optronics Corp., into a more aggressive strategy in the liquid-crystal-display market. Consolidation in the LCD industry has been long overdue, as many manufacturers in Asia have...
Taipei :: Taiwan
| updated Sat Nov 28 21:10:17 -0800 2009
| business-news
Taipei, Nov. 23 (CNA) Taiwan's share prices ended flat Monday in the absence of positive news, with the weighted index, the market's key barometer, rising 4.18 points, or 0.05 percent, to close at 7,687.15. The local bourse opened at 7,694.90...
The Taipei stock market plummeted 3.2 percent to end below 7,500 Friday while Cathay, Taishin and Shin Kong Financial Holdings revealed exposure to the Dubai debt crisis. Following trends set Thursday by stock markets in Europe, the weighted index of...
Taiwan-based Cheng Uei Precision Industry Co. said it aims for a “long-term” partnership with Qualcomm Inc. as the two companies make electronic displays that replicate the look of paper. Cheng Uei will manufacture Qualcomm’s Mirasol screens at a new factory...
Gerhard Joubert, CEO (north, east and west), at Shriram Life Insurance. Max New York Life Insurance has tied up with stem-cell bank LifeCell, which preserves the umbilical cord of a child during birth to treat any disease that may affect...
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