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5 days ago | 
news.bloombergtax.com | Cindy Wang |Miaojung Lin
Taiwan’s currency has just endured its wildest week in decades. The Taiwan dollar surged almost 5% against the greenback during intraday trading Monday, amid speculation exporters were dumping the US currency in anticipation of a trade deal. The central bank quickly moved to calm nerves, announcing bank inspections and warning strategists to rein in chatter. Regulators met with insurers to gauge the impact. Tech firms faced talk of earnings pressure. Analysts are now trying to calculate the damage.
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5 days ago | 
news.bloomberglaw.com | Cindy Wang |Miaojung Lin
Taiwan’s currency has just endured its wildest week in decades. The Taiwan dollar surged almost 5% against the greenback during intraday trading Monday, amid speculation exporters were dumping the US currency in anticipation of a trade deal. The central bank quickly moved to calm nerves, announcing bank inspections and warning strategists to rein in chatter. Regulators met with insurers to gauge the impact. Tech firms faced talk of earnings pressure. Analysts are now trying to calculate the damage.
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1 week ago | 
bloomberg.com | Chien-Hua Wan |Miaojung Lin |Betty Hou
Signage for Department of the Treasury at the Taiwan Central Bank headquarters building in Taipei. (Bloomberg) -- Taiwan’s central bank said upward pressure on the local currency is easing but that it will monitor to ensure inflows are for investments and not speculation, while the insurance regulator said insurers have no solvency issues so far.
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1 week ago | 
bloomberg.com | Betty Hou |Miaojung Lin |Chien-Hua Wan
Taiwan’s markets regulator is meeting some of the island’s largest insurers as a skyrocketing local currency piles pressure on hundreds of billions of dollars in US bond investments. The Financial Supervisory Commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening Taiwan dollar has impacted their operations, people familiar with the matter said.
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1 week ago | 
news.bloomberglaw.com | Betty Hou |Miaojung Lin |Chien-Hua Wan
Taiwan’s markets regulator is meeting some of the island’s largest insurers as a skyrocketing local currency piles pressure on hundreds of billions of dollars in US bond investments. The Financial Supervisory Commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening Taiwan dollar has impacted their operations, people familiar with the matter said.
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1 month ago | 
japantimes.co.jp | Cindy Wang |Miaojung Lin
A Chinese influencer facing deportation from Taiwan for backing a military seizure of the self-run democracy has returned to her country — an episode that comes as Taipei steps up efforts to counter Beijing’s propaganda. Liu Zhenya, who is married to a Taiwanese man and has three children, left on Tuesday evening on a flight to China, local media outlets reported. Taiwan authorities ordered Liu to leave because she posted videos supporting the idea of a Chinese military takeover.
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1 month ago | 
yahoo.com | Cindy Wang |Miaojung Lin
(Bloomberg) -- A Chinese influencer was deported from Taiwan for backing a military seizure of the self-run democracy and has returned to her country — an episode that comes as Taipei steps up efforts to counter Beijing’s propaganda. Most Read from BloombergAdvertisementLiu Zhenya, who is married to a Taiwanese man and has three children, left alone on Tuesday evening on a flight to China, local media outlets reported.
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1 month ago | 
bloomberg.com | Cindy Wang |Miaojung Lin
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1 month ago | 
flipboard.com | Cindy Wang |Miaojung Lin
3 hours agoPossessing valid documentation is the second item on the State Department’s checklist for U.S. tourists traveling internationally. It’s required for pilots, too, as an estimated 257 passengers found out the hard way last weekend. United Airlines Flight 198 left Los Angeles International Airport at …
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1 month ago | 
news.bloombergtax.com | Miaojung Lin
Taiwan’s state-owned CPC Corp. signed a non-binding letter of intent to invest in a proposed liquefied natural gas pipeline in Alaska to secure energy sources and boost ties with the US Trump administration. Under the proposal, CPC, which supplies gas to Taiwan’s power utility, will purchase LNG and seek upstream investment rights to secure long-term energy sources for the island, according to a government statement.
