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  • Separately, FIH Mobile, a unit of Taiwan's Foxconn, the trading name of Hon Hai Precision Industry Co, said it was acquiring a 4.27 percent stake in Snapdeal for $200 million via its Singapore- based subsidiary Wonderful Stars Pte.. Sources told Reuters this month that Snapdeal was set to raise $500 million from China's Alibaba Group Holding, Japan's SoftBank...

  • Why did China weaken the yuan? Our charts explain Wednesday, 12 Aug 2015 | 4:04 PM ET
    A woman trades money at a currency exchange at Haneda Airport in Tokyo, Aug. 12, 2015.

    The U.S. dollar is up 20 percent over the last year. That's not good for Chinese exporters.

  • BEIJING, Aug 11- China's top economic planning agency approved two policy lenders- China Development Bank Corp and Agricultural Development Bank of China- to issue renminbi-denominated bonds offshore, the National Development and Reform Commission said on Tuesday. Reuters reported in June that Chinese regulators would allow mainland financial...

  • July exports to China -13.8 pct, to US +1.0 pct. TAIPEI, Aug 7- Taiwan's exports fell for a sixth straight month in July, adding to concerns that demand for the island's signature technology goods won't pick up later this year to lift declining growth for the trade-reliant economy. "Taiwan's economic fundamentals aren't well," said Junwen Ku, an economist with JihSun...

  • Is it time to worry about Apple's Asia suppliers? Wednesday, 5 Aug 2015 | 9:33 PM ET
    Is it time to worry about Apple's Asia suppliers?

    Steven Pelayo, regional head of technology research for Asia-Pacific at HSBC, discusses the outlook for Taiwan's Largan Precision and Catcher Technology.

  • Asian FX markets, brace for a difficult 2016: Pro Tuesday, 4 Aug 2015 | 11:34 PM ET
    Asian FX markets, brace for a difficult 2016: Pro

    Daniel Martin, Asia economist at Capital Economics, says Asian currencies could face further challenges next year as markets have yet to price in the extent of Fed tightening.

  • SEOUL, Aug 4- For four years Samsung Electronics Co Ltd has basked in the success of its Galaxy smartphones, making billions of dollars competing with Apple Inc in the premium mobile market. The coming years are set to be more sombre for the South Korean tech giant, as it is forced to slash prices and accept lower margins at its mobile division in order to see off...

  • *Deal to mark Alibaba's first direct investment in India. BEIJING, Aug 3- Indian online marketplace Snapdeal is set to raise $500 million from a group of foreign investors including China's Alibaba Group Holding Ltd, three people familiar with the matter said on Monday. Snapdeal, Japan's SoftBank, Alibaba and Foxconn declined comment.

  • BEIJING, Aug 3- Indian online marketplace Snapdeal is set to raise $500 million in investment from Alibaba Group Holding Ltd, SoftBank Group Corp and Foxconn, the trading name of Hon Hai Precision Industry Co Ltd, a person familiar with the matter said on Monday. Alibaba and Foxconn declined to comment. Alibaba affiliate Ant Financial Services Group in February...

  • The key takeaway from China's PMI data Sunday, 2 Aug 2015 | 11:20 PM ET
    The key takeaway from China's PMI data

    Daryl Liew, head of portfolio management at REYL Singapore, says the disappointing Caixin China purchasing managers' index is indicative of a slower global economy.

  • TAIPEI, July 31- Taiwan's economic growth slowed more sharply than expected to a three-year low in the second quarter, hurt by a collapse in exports as a slowdown in major market China chilled demand for its line of key technology products. The growth slump in Taiwan, an important hub in the global supply-chain for tech giants such as Apple Inc. and...

  • Sultans of shrink pack more chips into smart wearables Thursday, 30 Jul 2015 | 5:59 PM ET

    Packagers like Taiwan's Advanced Semiconductor Engineering Inc receive chips from manufacturers and prepare them for device assemblers by, for instance, encasing them in metal and resin. To serve this market, which researcher IDC expects to grow 173 percent to $17.1 billion in 2015, ASE and rivals like Taiwan's Siliconware Precision Industries Co Ltd and...

  • Taiwan will join expanded ITA scheme: Official Monday, 27 Jul 2015 | 8:43 PM ET
    Taiwan will join expanded ITA scheme: Official

    Jen-Ni Yang, director-general of the Bureau of Foreign Trade, says Taiwan will join the expanded tariff elimination program, which is important for the island's economic growth.

  • TAIPEI, July 23- China's Tsinghua Holdings is still discussing a potential deal to buy U.S. chipmaker Micron Technology Inc and hopes it could eventually go through, the state-backed investment company's chairman told Reuters on Thursday. Sources told Reuters earlier this week that Micron has dismissed an informal $23 billion offer from Tsinghua Unigroup, a...

  • TAIPEI, July 23- China's Tsinghua Holdings is still discussing a potential deal to buy U.S. chipmaker Micron Technology Inc and hopes it could eventually go through, the state-backed investment company's chairman told Reuters on Thursday. Xu Jinghong, chairman of Tsinghua Holdings, parent company of Tsinghua Unigroup, said it has not received any directive...

  • TAIPEI, July 9- Foxconn founder Terry Gou has a vision of how to rewire the Taiwan firm that builds iPhones to cut dependence on Apple Inc, the client around which he built a $46 billion tech empire. With the latest version of Apple's smash hit smartphone having catapulted first-quarter profit 55 percent higher, investors have sent shares in Hon Hai Precision...

  • Mori Tower in Roppongi Hills in Tokyo

    Japan's economy is barely growing, its population is falling and wages are stagnant, but investors see surprisingly big opportunities in its property market.

  • POLL-Asia stock rally hopes rest on more rate cuts Monday, 29 Jun 2015 | 1:00 AM ET

    *Shanghai, Seoul shares to rise in 2015. Still, China's stock market has more than doubled over the past year. The People's Bank of China cut interest rates and reserve requirements for some banks simultaneously over the weekend, after the poll data were finalized on Friday.

  • Tawian water park fireball injures 500 Sunday, 28 Jun 2015 | 4:46 AM ET
    Items lie on the ground on the explosion site which was sealed off by police at the Formosa Fun Coast amusement park after an explosion in the Pali district of New Taipei City.

    The number of people injured in a fire at a Taiwan water amusement park rose to 516 on Sunday with more than 180 still in intensive care.

  • Asia’s week ahead: All eyes on Greece Sunday, 21 Jun 2015 | 7:14 PM ET

    Greece's drama is nearing a potentially catastrophic denouement, likely hijacking market attention from economic pulse checks on China and Japan this week.