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.
Tags: Taiwan
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.
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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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%.
Taiwan's banks have become minefields for private equity companies. The banks of Taiwan, once seen as avenues to inroads towards China, have increasingly become minefields for private equity firms.
