Taiwan

Google intends to invest $600 million in Taiwan data center

Google said it would be investing $600 million in its data center in Taiwan in order to better serve the needs of the technology consumers in the region.

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Australian energy firm Ambassador exits gas field stake for $42.5M

Australia-based energy company Ambassador Oil and Gas Ltd has sold its 52.5% stake in South Australia's Cooper Basin, a potential gas field, to New Standard Energy Ltd for USD42.5 million.

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Taiwan's TCC International receives USD721 million buyout bid from parent company

TCC International Holdings Ltd said it received a buyout offer amounting to HKD5.59 billion (USD721 million) from its parent company, Taiwan Cement Corp, which owns 56.5% of TCC.

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Taiwan urges Mega Financial to consider merger with rival Chang Hwa Bank

The government of Taiwan has encouraged state-run Mega Financial to consider the possibility of merging with Chang Hwa Bank amidst difficulties in the banking sector.

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Carlyle looking to sell Taiwanese Eastern Broadcasting for USD700 million

American private equity firm Carlyle Group LP is considering to sell its 67% stake in Eastern Broadcasting Co. for up to USD700 million. Carlyle built a majority holding in the Taiwanese broadcaster after acquiring its parent company for USD1.5 billion.

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EU lifts ban on tankers transporting Iranian crude

Following a nuclear deal reached in Geneva, the European Union has removed the ban on insuring tankers transporting Iranian oil. The EU also agreed to release USD4.2 billion in frozen oil assets and permit Iranian crude exports to continue at its current levels.

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Galaxy Entertainment to consider USD5 billion investment in Japan and Taiwan

Galaxy Entertainment Group Ltd, the second-largest casino operator in Macau, announced its intention to invest USD5 billion in Japan and China if the gambling markets open in those countries.

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Corporate Travel Management to buy majority stake in Westminster Travel

Australia-based Corporate Travel Management (CTM) announced that it is seeking to raise AUD53 million (USD49.6 million) to buy a 75.1% stake in travel service provider Westminster Travel.

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Hon Hai among winners of 4G licenses in Taiwan

Taiwan released fourth-generation mobile spectrum licenses wherein NCC and Hon Hai were among the bidders.

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HTC Corp joins smartwatch race

HTC, which is reeling from its first quarterly loss, is seeking to recover when it enters the smartwatch race using Google's Android OS.

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Taiwan and China expand partnership and cooperation

Taiwanese and Chinese ties strengthened with new equity exchange center in Fujian, China.

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European Union-Taiwan ties opposed by China

China had formally protested bilateral ties between the European Union and Taiwan.

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Bandanna Energy in discussion with partners for coal fired power station project

China, Korea, Japan and Taiwan are some of the possible strategic partners Bandanna Energy was discussing with

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HTC reports first ever quarterly loss

HTC, due to Apple and Samsung dominance and the proliferation of cheap smartphones from China, saw its market share decline to just 2.8%.

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Taiwanese banks not the promised venues for foreign investors

Taiwan's banks have become minefields for private equity companies.

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