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Taiwan Polysilicon Has Indicated That Taipei Fubon Bank Has Stopped Negotiation
Aug 18, 2014Taiwan Polysilicon has indicated that Taipei Fubon Bank, the arranger of a syndicated loan consortium of 14 local banks, has stopped negotiation for a joint lending of NT$10.7 billion (US$357 million), signifying the company is likely to ...
Tags: Taiwan, Polysilicon, Lighting
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Foxconn's Hon Hai Precision Industry Posted a 19.2% Year-Over-Year Decline in Revenue
May 17, 2013Foxconn's Hon Hai Precision Industry posted a 19.2 percent year-over-year decline in revenue for the first quarter, with sales likely affected by weak demand for Apple's iPhone 5, according to an analyst. The Taiwanese contract ...
Tags: Computer Products, Revenue Drop, Hon Hai
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Fubon Financial Holding Announced Joining Hands with Its Subsidiary Taipei Fubon Bank
Dec 31, 2012Taipei, Dec. 28, 2012 (CENS)--Fubon Financial Holding announced yesterday (Dec. 27) joining hands with its subsidiary Taipei Fubon Bank to obtain 80% stake in First Sino Bank of mainland China and take part in the cash capital increment of ...
Tags: Fubon Financial Holding, Taipei Fubon Bank, investment, footwear
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Fubon Financial Holding Will Foray Into The Banking Market in Southwestern China
Dec 17, 2012Fubon Financial Holding will foray into the banking market in southwestern China, as Xiamen Bank, under the auspices of the financial holding, will buy into a municipal commercial bank in the southwestern region, said Daniel Tsai, chairman ...
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Nan Shan Life Widened The Lead on Fubon Life in First Year Premium Revenues
Dec 14, 2012Nan Shan Life widened the lead on Fubon Life in first year premium (FYP) revenues from NT$500 million (US$16.67 million) in October to NT$2.8 billion (US$93.3 million) in November, also challenging the leader Cathay Life fiercely after ...
Tags: Nan Shan, FYP revenues, Cathay Life
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Jeffrey Koo Jr. Has Reportedly Joined Hands with Wang Wen-Yuan
Dec 13, 2012Taipei, Oct. 16, 2012 (CENS)--Jeffrey Koo Jr., chairman of Chinatrust Charity Foundation, has reportedly joined hands with Wang Wen-yuan, president of Formosa Plastics Group, and a Singaporean private equity fund to spend NT$17.5 billion in ...
Tags: Taipei, Chinatrust Charity Foundation, memorandum of understanding
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The FSC Opened up Mainland Chinese Banks to Buy Into Taiwanese Financial Holding Firms
Dec 12, 2012Taipei,Oct.11,2012(CENS)--Five domestic financial institutions will set up offices in mainland China or buy into mainland Chinese banks next year,according the projection of the Financial Supervision Commission(FSC)in its budget for 2013. ...
Tags: Taipei, domestic financial institutions, FSC
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Taiwan's Overall Written Premiums for Non-Life Insurances Grew 7.03%
Nov 28, 2012Mainly driven by surging rates for insuring property against natural disasters, Taiwan’s overall written premiums for non-life insurances for the first 10 months grew 7.03% from a year ago, with the growth doubling insiders’ ...
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Fubon Financial Holding Will Close a Deal for The Acquisition of First Sino Bank
Nov 28, 2012Taipei, Oct. 19, 2012 (CENS)--Fubon Financial Holding will close a deal for the acquisition of First Sino Bank, a Taiwanese-invested bank in Shanghai, by the end of this month, at the earliest. According to insider sources, Fubon will buy ...
Tags: Fubon Financial, First Sino Bank, Taiwanese-invested bank, Bank
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Taiwan's Domestic Banks Held Deposits of NT$28.05 Trillion
Nov 27, 2012Taipei, Nov. 20, 2012 (CENS)--Taiwan’s domestic banks held deposits of NT$28.05 trillion (US$935 billion) as of the end of August, up 5.8% year on year, with term deposits accounting for NT$12.72 trillion (US$424 billion) or 45%, ...
Tags: domestic bank, Financial Supervisory Commission, deposit
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The Global LED Market Remains Strong in View of The Chinese Market's Huge Potential
Nov 13, 2012The global LED market has seen rapid growth in recent years and sentiment remains strong in view of the Chinese market's huge potential. LED chip supplier Formosa Epitaxy Inc said yesterday it planned to issue new common shares to ...
Tags: LED
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The Name Foxconn Has Become Shorthand for The Human Costs of Building The iPhone in China
Oct 24, 2012The name Foxconn has become shorthand for the human costs of building the iPhone in China, linking Apple to bad publicity about worker suicides, deaths from a plant explosion and rioting factory workers. But many other companies besides ...
Tags: Foxconn, Apple, iPhone, electronics, TVs, handsets, PCs
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Fubon Financial Holding May Win out in The Scramble Among Taiwanese Financial Holdings
Sep 24, 2012Taipei,Sept.24,2012(CENS)--Fubon Financial Holding may win out in the scramble among Taiwanese financial holdings for Taiwanese-invested First Sino Bank in mainland China.Fubon Financial Holding may be able to acquire over 50%stake in First ...
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Fubon Financial Holding Co. Scored After-Tax Profits of NT$2.25 Billion
Sep 14, 2012Fubon Financial Holding Co. scored after-tax profits of NT$2.25 billion (US$75 million) in August, with first-eight-month revenues of NT$20.24 billion (US$674.67 million), and earnings per share (EPS) of NT$2.13 (US$0.071), ...
Tags: Fubon, FHC, Mega Financial Holding Co., Chinatrust Financial Holding Co.
