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.
Tags: Taiwan
Chinese taxi app Didi expected to close $100M in Series C from Tencent
Shenzhen, China-based taxi app Didi Dache is reportedly raising $100 million in a Series C funding round from investors Citic and Tencent for the integration of a payment platform into the app.
Chinese philanthropist Chen to invest in Taiwan's green energy industry in 2014
High-profile Chinese multimillionaire Chen Guangbiao said he plans to invest in the green energy industry of Taiwan next year, and to tap into the country's solar energy market.
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.
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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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.
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.
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.
Taiwan released fourth-generation mobile spectrum licenses wherein NCC and Hon Hai were among the bidders.
HTC, which is reeling from its first quarterly loss, is seeking to recover when it enters the smartwatch race using Google's Android OS.
Taiwanese and Chinese ties strengthened with new equity exchange center in Fujian, China. A cross strait equity exchange center in Fujian is being set up by China and Taiwan.
China had formally protested bilateral ties between the European Union and Taiwan. Beijing raised objections to the actions done by the European Parliament to build closer trade ties with Taiwan.
China, Korea, Japan and Taiwan are some of the possible strategic partners Bandanna Energy was discussing with
HTC, due to Apple and Samsung dominance and the proliferation of cheap smartphones from China, saw its market share decline to just 2.8%.
