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Breaking News Sat, 4 Sep 2010
The American International Group logo is shown Tuesday, Sept. 16, 2008 in New York. Stocks fluctuated Tuesday following a report that the government is considering extending aid to AIG _ the latest in a string of companies that investors worry could be undone by a shortage of
(photo: AP / Mark Lennihan)
Taiwan to Block Sale of A.I.G. Unit
The New York Times
| PARIS — The Taiwan financial regulator said Tuesday that it would block the $2.15 billion sale of Nan Shan — American International Group’s life insurance unit on the island — to a group of buyers tied to China, citing laws that limit investment from the mainland. | The dec...
** FILE ** In this April 4, 2004 file photo plainclothes contractors working for Blackwater USA take part in a firefight as Iraqi demonstrators loyal to Muqtada Al Sadr attempt to advance on a facility being defended by U.S. and Spanish soldiers, in the Iraqi city of Najaf.Iraq said Thursday it will bar Blackwater Worldwide from providing security protection for U.S. diplomats because its contractors used excessive force, sanctioning a company whose image was irrevocably tarnished by the 2007 killings of 17 Iraqi civilians.
(photo: AP / Gervasio Sanchez)
US security firm 'to pay $42m fine'
Al Jazeera
| The private security contractor previously known as Blackwater, has agreed to pay $42m in fines for hundreds of violations of US export rules, according to the New York Times. | The violations included illegal weapons exports to Afghanistan, making unauthorised proposals to train troops in souther...
Real-estate bargain hunters have ghost of a chance in Taipei
m&c
| Taipei - Real estate prices are staggering in Taiwan's capital Taipei. The average worker needs to save the complete earnings of more than two decades to buy an apartment, so people in their 20s have to be resourceful if they want a place to call t...
Incentives to travel to Taiwan
The Star
| IF you are interested in visiting Taiwan, be sure to visit the Taiwan booth at the Matta Fair. | Some 145 representatives from 85 entities, such as the Taipei City and county governments, tourism companies, domestic travel agencies, leisure farms, ...
AIG Taiwan unit buyer hopes for favourable solution
The Guardian
TAIPEI/HONG KONG, Sept 2 (Reuters) - One of the buyers of AIG's Taiwan Nan Shan Life unit still hoped for a favourable solution to the $2.2 billion sale even after their bid was rejected by Taiwan regulators, an executive said on Thursday. Robert Mor...
Bancassurance Driving Strong Life Premium Growth in Taiwan
Insurance Newsnet
| Taiwan's life insurance sector reported a 39.8% jump in new business to NT$670.7 billion (US$20.93 billion) in first-year premiums for the seven months ended July 31, 2010, driven by strong sales of annuity and traditional life products through ban...
People's Liberation Army soldiers stand in formation during a military exercise in Beijing, China, Tuesday, July 28, 2009.
AP / Elizabeth Dalziel
A Key Link With China
The New York Times
| One felicitous result of the Soviet Union’s invasion of Afghanistan was the setting up of a military-to-military relationship between China and the United States 30 years a...
Taiwan's stock index rises 4.6 percent
WN / Denise Yong
Taiwan stocks post best gain in 1 wk, property firms up
The Times Of India
TAIPEI: Taiwan stocks finished up 0.79 percent on Friday, the best percentage gain in a week, led by property developers and shipping companies as Taiwan-China ties continued to ga...
John Tsang back from Taiwan with visa deal
Hong Kong Standard
Taiwan offered free entry permits online to returning Hong Kong visitors as Financial Secretary John Tsang Chun-wah wound up his four- day visit to the island. | //--> Diana Lee | Wednesday, September 01, 2010 | Taiwan offered free entry permits onli...
Taipei vetos AIG unit takeover as heat rises
Hong Kong Standard
China Strategic Holdings (0235) has failed to acquire Taiwan's Nan Shan Life Insurance - and it is believed that politics rather than regulatory hurdles was the stumbling block. | //--> Tony Liaw | Wednesday, September 01, 2010 | China Strategic Hold...
Taiwan to Block Sale of A.I.G. Unit
The New York Times
| PARIS — The Taiwan financial regulator said Tuesday that it would block the $2.15 billion sale of Nan Shan — American International Group’s life insurance unit on the island — to a group of buyers tied to China, citing laws ...
Trade & Stocks
HTC Hero redesigned for Sprint and Cellular South
(photo: Creative Commons / Alvin Pingol)
Taiwan stocks end up as HTC, China plays gain
The Times Of India
TAIPEI: Taiwan stocks recouped early losses to rise 0.63 percent on Monday, as investors chased smartphone maker HTC Corp and cellphone parts suppliers on hopes of a brighter earnings outlook this year. The communications & Internet sub-index jumped 1.75 percent. The financial sector rose 0.4 percent and the transportation sector shot up 2.8 percen...
Financial
Asia assesses prospects as world recovery stumbles
(photo: WN / Bhaskar Mallick)
Asia assesses prospects as world recovery stumbles
Newsvine
| — Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already set up a branch in China and plans one soon in the United States. | The company, which designs and makes semiconductor-based high-speed data storage and processing equipment, is planning to boos...



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