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Saturday, November 22, 2014
U.S. private equity firm Blackstone said it would buy the residential real estate arm of General Electric's (GE) property unit in Japan for more than 190 billion yen (US$1.6 billion), as the country's land prices slowly recover from an asset bubble burst.
Friday, November 21, 2014
Hon Hai Group (鴻海集團), the world's largest contract electronics maker, signed an agreement Thursday with its flat panel subsidiary Innolux Corp. (群創) to invest more than NT$80 billion (US$2.59 billion) to set up a flat screen production base in Kaohsiung to improve the group's global competitive edge in the sector.
Hon Hai, Innolux set to invest over NT$80 billion in flat panel factory
Seven years after holding 48 percent of Fusheng Group, Oaktree Capital is said to have hired an investment bank to begin a sale process to unload its investment in the world's largest golf club head maker.
Thirst for new concepts cheers beer market
An increasingly competitive market and a sluggish economy have been cited by brewers as reasons for the declining sales of some of their flagship beer brands this summer.
Airbag maker Takata faces tough day in DC
Embattled auto supplier Takata will be under the microscope Thursday when a Senate panel opens a probe into the Japanese company's dangerously defective airbags, installed in millions of cars worldwide.
Yahoo to replace Google as default search engine for Firefox
Yahoo will supplant Google's search engine on Firefox's Web browser in the U.S., signaling Yahoo's resolve to regain some of the ground that it has lost in the most lucrative part of the Internet's ad market.
Thursday, November 20, 2014
Shares of Altek Co. (華晶科) yesterday surged 7 percent, the maximum allowable intraday movement on the TAIEX on rumors that the company may supply dual-camera modules for Apple's iPhone 7 handset to be released far in the future.
Aiming to help local small- to medium-sized enterprises (SMEs) better manage their business, DBS Group Taiwan (星展銀行台灣) recently announced an array of online business tools.
DBS Taiwan to offer SME-specific online business applications
HSBC Taiwan was presented with the “Best Corporate Social Responsibility (CSR) Award" in the Taiwan Banking and Finance Best Practice Awards ceremony (傑出金融業菁英獎) held on Nov. 14.
Nokia plots comeback with Android tablet
Nokia is back in the fray.
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