Fubon Financial Holding Co(富邦金控) yesterday said it has reached an initial consensus with the labor union of Jih Sun International Bank (日盛銀行), promising that it would not dismiss any bank employees in the next three years.
Fubon Financial acquired the bank’s parent company, Jih Sun Financial Holding Co (日盛金控), earlier this year and it had held talks with the bank’s labor union and Jih Sun Financial’s labor union separately.
None of the more than 1,000 employees of Jih Sun Bank would be sacked in the next three years after the acquisition, while those who are eligible to retire and apply to do
The TAIEX yesterday closed above 16,900 points as large tech stocks regained their footing after losses on Monday in the wake of an overnight rally among their counterparts on the US markets, traders said.
As the bellwether electronics sector attracted most investors’ attention, old economy and financial stocks appeared mixed throughout the session, they said.
The TAIEX closed up 195.21 points, or 1.17 percent, at 16,900.67. Turnover totaled NT$265.377 billion (US$9.5 billion).
The market opened up 0.51 percent and buying accelerated as contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which had struggled a session earlier, led the tech sector in moving higher,
A woman was yesterday detained and a man released on bail as prosecutors investigate the cause of a building fire in Kaohsiung that claimed 46 lives and injured dozens on Thursday.
The fire in the Cheng Chung Cheng (城中城) building in Yancheng District (鹽埕) in the early hours of Thursday morning is the second-deadliest building fire in Taiwan, after a February 1995 blaze at Weierkang Club in Taichung killed 64 people.
At least 46 residents of the building in Kaohsiung, most of whom were elderly, died in the blaze, the latest tally showed.
The Kaohsiung District Prosecutors’ Office said in a statement that
SEARCH CONTINUES: The evidence suggests the fire started in a room behind a teaware shop, where three people were drinking earlier in the day, a source said/ Staff writer, with CNA and AP
Lifting Japan food ban not an issue: Su taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.