Taiwan is delaying approval of CTBC Financial Holding Co.’s planned 52 billion-yen ($504 million) purchase of Japan’s Tokyo Star Bank Ltd. after finding internal- control breaches at CTBC’s banking unit.
HTC Corp. and Nokia Oyj have agreed to collaborate after ending a patent-infringement dispute that could have resulted in the devices of Taiwan’s largest smartphone maker being kept out of the U.S. market.
Taiwan’s main bourse will install Lee Sush-der as chairman in a ceremony on Feb. 25 after Schive Chi’s appointment to the island’s Cabinet amid the naming of a new premier and other officials this month.
Hon Hai Precision Industry Co., flagship of electronics maker Foxconn Technology Group, posted profit that beat analyst estimates as it assembled new products including Apple Inc. iPhones and Sony Corp. game consoles.
Taiwan’s exchange is looking at the unusual trading volume and price movements in HTC Corp. stock before the announcement of a patent settlement with Apple Inc. The shares fell for the first time in six days.
Japan’s world-beating stock rally is sending Jafco Co., the country’s biggest venture-capital firm, to the best gains on initial public offerings since the technology bubble at the turn of the century.