Asia Top News and Analysis Taiwan

  • *Busy LNG delivery schedule in Europe. The average LNG price for December delivery into northeast Asia was estimated at $5.40 per million British thermal units, $0.30/ mmbtu down from last week. Unusually warm winter temperatures are forecast across key Asia markets, including Japan and China, the world's top LNG importers.

  • WASHINGTON, Nov 14- The U.S. Congress should enact legislation that would suspend the special economic status Hong Kong enjoys under U.S. law should China deploy forces to crush protests in the territory, a congressional advisory body said on Thursday. A push in the U.S. Congress for legislation to support pro-democracy protests in Hong Kong and pressure China...

  • WASHINGTON, Nov 14- The U.S. Congress should enact legislation that would suspend the special economic status Hong Kong enjoys under U.S. law should China deploy forces to crush protests in the territory, a congressional advisory body said on Thursday. The commission's recommendations go further, calling for legislation to suspend Hong Kong's special status...

  • *Boehringer is leading foreign supplier of pig vaccines in China. BEIJING, Nov 14- Germany's Boehringer Ingelheim, the global No. 2 in animal health, is having to rebuild itself in China after a deadly pig disease decimated sales of unrelated mainstay vaccines, bringing write-offs and leaving it facing a three-year slog to recovery. Fresh from launching a brand...

  • TAIPEI, Nov 13- Taiwan's Foxconn posted a 23% rise in quarterly profit on Wednesday, as its biggest customer Apple Inc reported better-than-expected earnings thanks to solid sales of mobile devices such as wearables. Foxconn manufactures the bulk of Apple's iPhones in China, and analysts estimate nearly half of its revenue comes from the U.S. firm.

  • Taiwan Foreign Minister Joseph Wu arrives during a press conference in Taipei on May 1, 2018.

    A Chinese spokesman says, "They have been weaving various lies to intimidate, threaten and mislead the people of Taiwan."

  • HONG KONG, Nov 13- Hong Kong prepared for more clashes on Wednesday as anti-government protesters planned to paralyze parts of the Asian financial hub for a third day, with some transport, schools and many businesses closing after an escalation of violence. -21:51 p.m. on Tuesday: Clashes at Hong Kong's Chinese University bring highway traffic to a halt.

  • Yageo's global footprint would increase with additional operations in North America, Europe and Asia, the companies said in a joint statement. Citi served as financial adviser to Yageo and Simpson Thacher& Bartlett LLP and Tsar& Tsai Law Firm in Taiwan acted as legal advisors. Goldman Sachs& Co LLC acted as financial adviser to Kemet and Skadden, Arps, Slate,...

  • Nov 11- Taiwan's technology company Yageo Corp said on Monday it would acquire rival electronic component maker Kemet Corp in a deal valued at $1.8 billion to expand its global footprint.

  • Tim Cook, Chief Executive Officer of Apple, speaks as President Donald Trump listens during an American Technology Council roundtable in the State Dinning Room of the White House, Monday, June 19, 2017, in Washington.

    The U.S. and China trade war has big tech companies fearful of how tariffs will cut into their bottom lines, but Apple CEO Tim Cook has been able to thread the needle between a volatile American president and the world's biggest consumer market. Cook has spent a lot of time charming the Trump administration, and it seems to be paying off. Here's how Cook made that happen.

  • Nov 8- Foreign investors stepped up buying in Asian equities in October as risk sentiment improved on signs that China and the United States were closer to an interim trade deal, soothing concerns about a slowdown in the region. Overseas investors bought $5.46 billion worth of regional equities in the last month, the highest in six months, data from stock...

  • CHICAGO, Nov 7- Beyond Meat aims to start production in Asia before the end of next year, as it gets closer to selling its popular plant-based meat products in China, Executive Chairman Seth Goldman told Reuters. While Beyond Meat sells its products in Taiwan, Singapore and Hong Kong, the company and rival Impossible Foods are racing to expand sales to China, a major...

  • Soldiers of the People's Liberation Army march during a parade to celebrate the 70th anniversary of the People's Republic of China at Tiananmen Square on October 1, 2019 in Beijing, China.

    Beijing could resort to military conflict with self-ruled Taiwan to divert domestic pressure if a slowdown in the world's second largest economy threatens the legitimacy of the Chinese Communist Party, Taiwan's foreign minister said.

  • A vendor holds Taiwanese and Chinese national flags near the Sun Yat-sen Memorial in Taipei, Taiwan.

    Last week, Taiwan posted third-quarter GDP growth of 2.91% from a year ago — higher than other export-reliant developed Asian economies.

  • If that fails, nearly all Chinese goods imports into the United States- worth more than $500 billion- could be affected. U.S. imports from China subject to tariffs fell to $95 billion between January and June from $130 billion during the same period of 2018, the study released by the U.N. Conference on Trade and Development showed. "Overall, the results indicate that...

  • TAPESTRY INC CEO- HOWEVER, WE CONTINUE TO DRIVE POSITIVE SAME-STORE SALES ON MAINLAND CHINA AS WELL AS IN TAIWAN- CONF CALL.

  • Carson Block

    The NBA and other American businesses cannot give into censorship demands from the Chinese government, says Carson Block of Muddy Waters Research.

  • *Analysts forecast Brent at $64.16 in 2019 and $62.38 in 2020. *But manufacturing shrinks in Japan, South Korea and Taiwan. TOKYO/ LONDON, Nov 1- Oil prices rose on Friday but remained on track for a weekly loss as a surprise bounce in Chinese manufacturing activity calmed investors' worries about progress in U.S.- China trade talks.

  • Nov 1- China's three biggest airlines saw double-digit declines in demand on their so-called regional routes in September, as protests in Hong Kong and Beijing's travel restrictions to Taiwan took their toll. Two of them, China Southern Airlines and China Eastern Airlines have also aggressively cut capacity on those routes to Hong Kong, Macau and Taiwan-...

  • BEIJING, Oct 30- China's Commerce Ministry said on Wednesday it stopped levying antidumping tariffs on imports of polyvinyl chloride from the United States, South Korea, Japan and Taiwan from Sept. 29. Tariffs had been in place for three years from Sept. 28, 2015. A fresh investigation into whether the product was being dumped was launched on expiry of the tariffs...