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  • Thai AirAsia X to double flights to Tokyo on strong demand

    BANGKOK -- Just after its first flight from Bangkok to Tokyo's Narita International Airport took off on Monday, low-cost carrier Thai AirAsia X revealed plans to double the number of flights on the route to two round trips per day starting next Marc

    September 1, 2014 06:35 pm JST
  • Taiwan's CTBC buys into China's ABC Life Insurance

    TAIPEI -- Taiwan's CTBC Financial Holding announced on Friday that it will take a 20% stake in China's ABC Life Insurance, subject to government approval. CTBC Holding said its board agreed to pay 4.2 yuan per share to buy 400 million ABC shares

    August 29, 2014 10:35 pm JST
  • UMC, Fujitsu form chip partnership

    TAIPEI -- Taiwan's United Microelectronics Corp. and Japan's Fujitsu Semiconductor on Friday announced that the Taiwanese company will become a minority shareholder in a new Fujitsu subsidiary. The unit will control a fabrication facility for 300mm

    August 29, 2014 07:20 pm JST
  • Asia Pacific Telecom shareholders approve Foxconn unit merger

    TAIPEI -- Taiwan's mobile carrier Asia Pacific Telecom said in an exchange filing on Friday that its shareholders have approved the company's proposal to merge with Foxconn Technology Group subsidiary Amit Microsystems in a share-swap deal. Amit

    August 29, 2014 06:26 pm JST
  • Taiwan's president says 'spy' leaks will not affect China ties

    TAIPEI -- President Ma Ying-jeou has said the case of a former senior Taiwanese negotiator with China, who is alleged to have leaked state secrets to Beijing, will not have any negative impact on relations between Taiwan and China, according to stat

    August 28, 2014 08:40 pm JST
  • India next target for Chinese, Taiwanese smartphone makers

    MUMBAI -- Chinese smartphone manufacturers are shaking up the Indian market as they rapidly gain popularity and shift the balance of power in the country's mobile sector. Since entering the Indian market in July, Beijing Xiaomi Technology has qu

    August 28, 2014 12:00 am JST
  • Japan's sake brewers target Asia

    KOBE, Japan -- Sake exports hit a new record of more than 5.4 billion yen ($51.4 million) in the first half of this year. With the domestic market shrinking, sake brewers are rushing to develop products for foreigners and expand sales channels f

    August 26, 2014 01:00 pm JST
  • The Pine League takes a leaf out of the Ivy League

    TAIPEI -- Five top Chinese-language universities in Asia, including National Taiwan University and Peking University, have announced the formation of the Pine League to emulate the Ivy League in the U.S. by fostering sporting and academic exchanges.

    August 26, 2014 12:29 am JST
  • Wei family snapping up top Taiwan cable operator

    TAIPEI -- The Wei family has agreed terms to buy China Network Systems (CNS), Taiwan's leading cable operator, pending government approval. The four Wei brothers -- Ing-Chou, Ying-Chiao, Yin-Chun and Yin-Heng -- control Hong Kong-listed Tingyi H

    August 25, 2014 10:10 pm JST
  • Taiwan's Hiwin Technologies thriving on acquisitions made abroad

    TAIPEI -- Major Taiwanese machine tool parts maker Hiwin Technologies is growing thanks to aggressive management strategies. The company is one of the world's three largest makers of ball screws, the other two being Japan's THK and NSK. Ball scr

    August 25, 2014 01:00 pm JST
  • TPV squeaks back to black during second quarter

    TAIPEI -- TPV Technology, a leading global display manufacturer, says it narrowly returned to profit in the second quarter through improved control of operating expenses. The Hong Kong-based company went into the red last year as demand for TVs

    August 22, 2014 07:45 pm JST
  • Intel and Chunghwa Telecom collaborate on the 'Internet of Things'

    TAIPEI -- Nasdaq giant Intel is teaming up with Chunghwa Telecom, Taiwan's largest integrated telecommunications services company, to develop technologies that connect everyday devices to the Internet -- a concept that has been dubbed the "Internet

    August 21, 2014 09:40 pm JST
  • China aims to avoid Taiwan-style privatizations

    BANGKOK -- China is introducing more market principles into corporate management as it seeks to reduce inefficiencies in the economy. Beijing's aim is to foster private-sector companies and reform state-run enterprises by allowing private investors

    August 21, 2014 12:00 am JST
  • Chinese, Taiwanese smartphone makers call on India

    MUMBAI -- Chinese smartphone manufacturers are shaking up the Indian market as they rapidly gain popularity and shift the balance of power in the country's mobile sector. Since entering the Indian market in July, Beijing Xiaomi Technology has qu

    August 20, 2014 07:00 pm JST
  • Carbon nanotubes poised for prime time

    TOKYO -- Carbon nanotubes have long been regarded as a futuristic dream material, but the dream is giving way to an exciting reality that is bringing big changes to everything from semiconductors to car parts. It is easy to understand the appeal

    August 20, 2014 07:00 pm JST
  • Ousted Taiwan official denies security breach

    TAIPEI -- A Taiwanese official sacked for allegedly leaking sensitive information to Beijing has denied any wrongdoing and said he is being persecuted for disagreeing with his superiors on issues related to China. Chang Hsien-Yao, the former dep

    August 20, 2014 03:00 pm JST
  • Sharp, HTC face global challenge in mobile phones

    TOKYO -- Japan's Sharp and Taiwan's HTC each seek to leverage strategic models to stage a comeback in the smartphone market. Yet with the duo caught between the industry leaders and upstarts, their prospects in the sector remain fraught with uncerta

    August 20, 2014 06:11 am JST
  • Selling out offers hope for Japan's squeezed regional banks

    TOKYO -- Tokyo Star Bank's buyout by a Taiwanese lender puts a new twist on the old theme of realignment in Japan's crowded banking sector. Hoping to grow their loan books, Japanese regional banks ventured beyond their home prefectures and fough

    August 20, 2014 05:05 am JST
  • Taiwan's CTBC ready to rouse sleepy Japanese local bank

    TAIPEI -- Can a second-tier Japanese local bank begin a new life as a lender in Asian emerging economies? Taiwan's CTBC Bank thinks so -- that is why it bought Tokyo Star Bank. So says Chiang Pin-kung, Tokyo Star's new chairman. CTBC, formerly k

    August 20, 2014 01:35 am JST
  • Taiwan claims security fears behind sacking of China negotiator

    TAIPEI -- A Taiwanese official said Tuesday a senior official involved in dealings with China has been removed from office on suspicion of "breaching national security," a common local reference to leaking sensitive information to Beijing. Mainl

    August 19, 2014 06:15 pm JST