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  • Taiwan's navy showcases prowess amid purchase scandals

    KAOHSIUNG, Taiwan (Kyodo) -- With the aim of reassuring the public that the military remains vigilant against possible Chinese aggression during the Lunar New Year holidays, Taiwan's navy on Wednesday flexed its might in waters south of the island.A

    January 31, 2018 06:24 pm JST
  • Shareholders of Apple supplier Foxconn OK subsidiary's IPO

    New Taipei City, Taiwan -- Shareholders of key Apple supplier Hon Hai Precision Industry, also known as Foxconn Technology Group, agreed on Wednesday to list on the Shanghai Stock Exchange a subsidiary that may incorporate its iPhone assembly busine

    January 31, 2018 06:18 pm JST
  • Taiwan Q4 GDP grows 3.28 % year on year, fastest pace since Q1 2015

    TAIPEI (Reuters) -- Taiwan on Wednesday reported economic growth for October-December was the fastest for a quarter since the start of 2015, boosted by tech exports that could sustain momentum into the new year.The island's fortunes brightened last

    January 31, 2018 05:51 pm JST
  • Cover story

    Inside Asia's bitcoin economy

    SHANGHAI -- On Jan. 6, a leaked photograph of an official notice from China's internet finance regulator began to circulate on Twitter. The statement, released by the authorities two days earlier, told local governments to stop subsidizing companies

    January 31, 2018 03:39 pm JST
  • Taiwan demands compensation for US solar safeguard tariffs

    GENEVA (Reuters) -- Taiwan has launched a demand for compensation for U.S. safeguard tariffs on solar panels, opening a 30-day window for negotiations, a World Trade Organization filing showed on Tuesday.Taiwan said that as an exporter with a substa

    January 30, 2018 09:36 pm JST
  • Taiwan bristles as flag vanishes from US government websites

    TAIPEI -- The erasure of Taiwan's flag from a number of U.S. government websites has made waves on the island, with authorities expressing deep disappointment to Washington, which claims its stance toward the Taiwanese government remains unchanged.W

    January 30, 2018 06:09 am JST
  • TSMC kicks off record $24bn advanced chip project

    TAINAN, Taiwan -- Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker by market share, on Friday kicked off an advanced chip project worth a record $24 billion to assure future growth amid accelerating competition with its

    January 26, 2018 09:03 pm JST
  • Apple-linked stocks slide on dull iPhone X sales

    TOKYO -- The share prices of Apple's component and production machinery suppliers worldwide have tumbled amid lackluster sales of the iPhone X.The market had high hopes for the iPhone X, released late last year, as the newest Apple smartphone featur

    January 26, 2018 07:00 am JST
  • Nikkei Asia300 Index falls as Chinese lenders decline

    MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Thursday, as a pullback in mainland lenders offset a rally in South Korean memory chip makers and energy producers.The Nikkei Asia300 Index declined 0.3% to 1,523.04. Hong Kong-shares of In

    January 25, 2018 08:41 pm JST
  • Strait denial: Taiwan says no to China using airline routes

    TAIPEI -- Taiwan and China are in a political stalemate over Beijing's plans to introduce new air routes over the Taiwan Strait, as relations between the two deteriorate. Tensions have intensified before the Lunar New Year holiday season.Taiwan has

    January 25, 2018 04:00 pm JST
  • Lauren Compere: Socially responsible companies are proving good investments in Asia

    As Asia's leading economies were in the grip of the worst financial crisis in decades 20 years ago, investors elsewhere were taking the first steps to integrate environmental, social and governance factors into investment decisions.Interest in the s

    January 25, 2018 10:00 am JST
  • China's Marriott website ban sends a message to the world

    HONG KONG China's temporary ban on Marriott International's Chinese websites sent a clear warning to international companies: If you want to do business in the world's second-largest economy, then you have to toe the Communist Party's line.Analysts

    January 25, 2018 10:00 am JST
  • Nikkei Asia 300 Index falls as Taiwanese suppliers to Apple decline

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Wednesday, led by losses in Taiwanese suppliers to Apple amid concerns over demand for iPhone X.The Nikkei Asia300 Index dropped 0.3% to 1,527.55. Largan Precision, a lens supplier to Apple, dr

    January 24, 2018 08:51 pm JST
  • Apple suppliers face manufacturing woes in China

    TAIPEI -- Tightening environmental protection measures and growing labor costs may now pose a further headache for Apple and its suppliers in coastal cities in China at a time when global demand for smartphones is softening.Apple has been relying on

    January 24, 2018 12:10 pm JST
  • Foxconn weighs adding core iPhone unit to Shanghai spin-off

    TAIPEI -- Taiwan's Foxconn Technology Group is considering injecting its core iPhone assembling business into a new subsidiary it plans to list this year in Shanghai.The company, formally known as Hon Hai Precision Industry, will seek approval at a

    January 23, 2018 11:53 pm JST
  • Nikkei Asia300 Index rises as end of U.S. impasse boosts risk assets

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Tuesday, as a three-day U.S. government shutdown ended, boosting investor appetite for risk assets.The Nikkei Asia300 Index advanced 1.3% to 1,531.99. South Korea's LG Display rallied 5.9% afte

    January 23, 2018 08:40 pm JST
  • China's new construction rules to allow use of Japanese timber

    TOKYO -- With China opening itself up to Japanese construction styles, players here are looking to boost exports by tapping the strong demand for housing among China's growing and increasingly wealthier population.China has updated its building code

    January 23, 2018 05:57 am JST
  • Nikkei Asia300 Index extends gains as U.S. government shutdown leaves no impact

    MUMBAI (NewsRise) -- Asian stocks outside of Japan continued their ascent on Monday, as investors bet the U.S. government shutdown will have little impact on demand for risk assets.The Nikkei Asia300 Index rose 0.7% to 1,512.32, extending last week'

    January 22, 2018 08:46 pm JST
  • Taiwan shoemaker Pou Chen offers $1.4bn to take Hong Kong unit private

    HONG KONG (Nikkei Markets) -- Pou Sheng International (Holdings) said on Sunday that Taiwan-based maker of shoes and garments Pou Chen, its ultimate controlling shareholder, has proposed a privatization of the Hong Kong-listed company in an offer wo

    January 22, 2018 11:17 am JST
  • Formosa Plastics steel venture in Vietnam set to double capacity

    TOKYO -- A Vietnamese joint steel venture led by Taiwan's Formosa Plastics Group that includes Japan's JFE Holdings will open a second blast furnace this summer, doubling its potential crude output in a steel-hungry region.Formosa Ha Tinh Steel oper

    January 22, 2018 05:23 am JST