Taiwan Business News

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty shut at 5,108.9 points, against the previous close at 5,131.7 points, a loss of 22.8 points or 0.44 percent. Broader market indices ended mixed as the BSE midcap...

The news that Dubai World may default on $60 billion in loans has reawakened investors' suspicion towards emerging markets. But experts say certain Latin American and East Asian countries have proven their economic mettle during this global recession and are...

U.S. and Chinese Presidents Barack Obama and Hu Jintao announced Tuesday a package of measures designed to strengthen U.S.-Chinese cooperation on clean energy. Hu said the two countries' corresponding officials signed agreements to enhance "cooperation on climate change, energy and...

Hong Kong-based Primus Financial Holdings is buying Nan Shan Life Insurance Co. Ltd., Taiwan’s second-largest life insurer, from American International Group for US$2.15 billion (NT$69.3 billion), the companies announced Tuesday. Primus denied it had any links to China, saying it...

Expandable memory with pre-installed 8 GB microSD card • Bluetooth, Wi-Fi and 3.5 mm headset connectivity • Integrated GPS and a digital compass with a sensor that enables the phone to know what direction it is facing Verizon Droid Smartphone...

Taiwan has urged China not to boycott its second city after it hosted the Dalai Lama and screened a film about an activist accused by Beijing of inciting unrest, a report said Sunday. The vice-chairman of Taiwan's quasi-official Straits Exchange...

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...

CEO Richard Chang is resigning to "pursue other personal interests." Esther Lau said Chang's departure is not related to the settlement but wouldn't elaborate on his plans...Wang, most recently head of Huahong Co., has been named to replace him.

AIG said Friday it was profitable for the second straight quarter as its core insurance operations continue to stabilize after the company's bailout by the government last year. American International Group also said the amount of its government financial assistance...