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1 week ago | 
business-standard.com | Mackenzie Hawkins |Miaojung Lin |Yian Lee
Taiwan joined a yearslong US campaign to curtail China's technological ascent when it blacklisted the country's AI and chipmaking champions, an unprecedented step that may signal a resurgent effort to isolate its powerful neighbor's semiconductor sector. Taipei this month added Huawei Technologies Co. and its main chipmaker Semiconductor Manufacturing International Corp. to its entity list, barring the island's firms from doing business with the pair without a licence.
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1 week ago | 
bloomberg.com | Mackenzie Hawkins |Miaojung Lin |Yian Lee
A Huawei Technologies Co. store in Shanghai. (Bloomberg) -- Taiwan joined a yearslong US campaign to curtail China’s technological ascent when it blacklisted the country’s AI and chipmaking champions, an unprecedented step that may signal a resurgent effort to isolate its powerful neighbor’s semiconductor sector. Taipei this month added Huawei Technologies Co. and its main chipmaker Semiconductor Manufacturing International Corp.
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2 weeks ago | 
bloomberg.com | Miaojung Lin |Betty Hou |Chien-Hua Wan
(Bloomberg) -- Losses at Taiwan’s biggest insurers almost doubled in May from a month earlier as historic gains in the local currency dented the value of their foreign investments. Losses for four of the largest reached a combined NT$35.4 billion ($1.2 billion), according to company statements on Tuesday. Among them, Shin Kong Life Insurance Co. posted the largest loss at NT$15.4 billion.
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2 weeks ago | 
news.bloomberglaw.com | Miaojung Lin |Betty Hou |Chien-Hua Wan
Losses at Taiwan’s biggest insurers almost doubled in May from a month earlier as historic gains in the local currency dented the value of their foreign investments. Losses for four of the largest reached a combined NT$35.4 billion ($1.2 billion), according to company statements on Tuesday. Among them, Shin Kong Life Insurance Co. posted the largest loss at NT$15.4 billion.
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2 weeks ago | 
news.bloombergtax.com | Miaojung Lin |Betty Hou |Chien-Hua Wan
Losses at Taiwan’s biggest insurers almost doubled in May from a month earlier as historic gains in the local currency dented the value of their foreign investments. Losses for four of the largest reached a combined NT$35.4 billion ($1.2 billion), according to company statements on Tuesday. Among them, Shin Kong Life Insurance Co. posted the largest loss at NT$15.4 billion.
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2 weeks ago | 
bloomberg.com | Miaojung Lin |Jane Lanhee Lee
Exchange-rate uncertainty will push up hedging costs and narrow margins for insurers. Photographer: An Rong Xu/Bloomberg(Bloomberg) -- Taiwan Life Insurance Co.’s losses more than doubled in May from a month earlier as the local currency’s rally against the US dollar pummeled its foreign investments. The insurer posted a loss of NT$2.83 billion ($94.5 million) in May, compared with a NT$1.32 billion loss in April, parent CTBC Financial Holding Co. said in a statement.
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2 weeks ago | 
news.bloomberglaw.com | Miaojung Lin |Jane Lanhee Lee
Taiwan Life Insurance Co.’s losses more than doubled in May from a month earlier as the local currency’s rally against the US dollar pummeled its foreign investments. The insurer posted a loss of NT$2.83 billion ($94.5 million) in May, compared with a NT$1.32 billion loss in April, parent CTBC Financial Holding Co. said in a statement. The result bodes poorly ahead of the release of results by other major life insurers, likely by the end of Tuesday.
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3 weeks ago | 
bloomberg.com | Matthew Burgess |Marcus Wong |Miaojung Lin
(Bloomberg) -- Bonds in Australia and Singapore are getting a lift as questions about the appeal of US Treasuries send investors toward top-rated alternatives. Strategists and portfolio managers are re-examining whether Treasuries offer enough compensation, a rare challenge to the world’s largest bond market after a recent ratings downgrade and fears that a proposed tax bill may hit foreign investors.
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3 weeks ago | 
flipboard.com | Matthew Burgess |Marcus Wong |Miaojung Lin
‘Something is awry in Delaware’: New study reveals lawyers in the smallest U.S. state are winning fee ‘multipliers’ from major companies up to 66 times their normal hourly rate• A new study shows attorneys in corporate cases in Delaware are earning as much as 66 times their hourly rate. That has prompted venture capitalists …
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4 weeks ago | 
rigzone.com | Miaojung Lin |Yian Lee |Yvonne Man
Taiwan will send a delegation to a summit in Alaska to discuss procuring liquefied natural gas from a long-delayed project championed by US President Donald Trump.
“We already got the invitation” from the US, Taiwan’s Deputy Foreign Minister Chen Ming-chi said in an interview with Bloomberg News on Thursday, referring the Alaska Sustainable Energy Conference from June 3 to 5. A high-ranking official will lead the delegation, he said.
