Philip Chua Business Blog

Posts Tagged ‘Taiwan’

POTENTIAL dual listings provided the main targets for yesterday’s session, following Tuesday’s explosive debut for China XLX in Hong Kong (HK). As a result, stocks such as Oceanus, China New Town, China Milk and Midas were all in play, based on hopes that if they obtain approval to list in markets such as HK or Taiwan, where valuations are higher, their prices here will have to rise.
However, if H… more

The DXY does not mirror the United States trade position in the global economy. It is heavily weighted to Europe, undervalues the Canadian Dollar, ignores South Korea Taiwan and by necessity China. A firm cannot settle a trade flow in the DXY nor is it particularly useful as a hedge…

Reuters – American International Group is to sell its Taiwan life insurance unit for $2.15 billion, marking the largest disposal since a U.S. government bailout saved the insurer from collapse last year.

ASIAN markets staged a surprise comeback yesterday following sharp falls on Monday.
Taking heart from overnight gains on Wall Street, the benchmark Straits Times Index (STI) added 34.06 points, or 1.3 per cent, to 2,663.31.
Other markets fared well as well, with Hong Kong and Taiwan markets chalking up gains of more than 2 per cent.
Only mainland Chinese markets bucked the trend, as investors took… more