Betty Hou

5 days ago | bloomberg.com | Betty Hou

(Bloomberg) -- Gyrations in the Taiwanese dollar have dented appetite for trading its derivatives in offshore markets, making it costlier for the island’s insurers to hedge their massive dollar assets. Weekly derivatives transactions involving the currency slumped to the lowest since at least 2021 for this time of the year, according to one measure using data from DTCC Data Repository Singapore.

5 days ago | flipboard.com | Betty Hou

5 hours agoInvestors are piling into big, short Treasury bets alongside Warren BuffettInvestors always pay close attention to bonds, and what the latest movement in prices and yields is saying about the economy. Right now, the action …13 hours agoCan Trump fix the national debt?

6 days ago | bloomberg.com | Chien-Hua Wan |Betty Hou

A currency exchange in Taipei. (Bloomberg) -- Taiwan’s Central Bank strengthened its warning to local trading companies over their currency purchases as it seeks once again to tamp down speculation on foreign exchange markets and maintain the stability of the Taiwan dollar. Importers and exporters should only buy or sell the US dollar in a timely fashion based on their actual needs and not to listen to exaggerated or false market predictions, the central bank said in a statement Sunday.

1 week ago | news.bloombergtax.com | Chien-Hua Wan |Betty Hou

Taiwan’s life insurers posted a NT$118.3 billion ($4 billion) foreign exchange loss from January to April, even before the island’s currency saw wild swings earlier this month that called into question the industry’s stability. Losses grew from NT$49.9B in the January to March period, according to a statement from the Financial Supervisory Commission in Taipei on Thursday. The Taiwan dollar’s almost 10% gain against the greenback this year, mostly in May, has raised concerns for policymakers.

1 week ago | news.bloomberglaw.com | Chien-Hua Wan |Betty Hou

Taiwan’s life insurers posted a NT$118.3 billion ($4 billion) foreign exchange loss from January to April, even before the island’s currency saw wild swings earlier this month that called into question the industry’s stability. Losses grew from NT$49.9B in the January to March period, according to a statement from the Financial Supervisory Commission in Taipei on Thursday. The Taiwan dollar’s almost 10% gain against the greenback this year, mostly in May, has raised concerns for policymakers.