NDC approves study on linking Freeway No. 5 and new Suhua Highway focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.
Business sentiment in manufacturing, service sectors hurt by COVID-19 focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.
Taipei, June 5 (CNA) Taiwan's foreign exchange reserves rose for the second consecutive month in May due to the appreciation of global currencies against the U.S. dollar and higher returns on the bank's portfolio, according to the country's central bank.
Taipei, May 22 (CNA) Confidence in Taiwan's economy weakened in May as the country reported a spike in domestically transmitted COVID-19 cases, according to a survey conducted by Cathay Financial Holding Co.
Cathay most profitable of financial firms; Fubon reports highest EPS
05/11/2021 07:49 PM
CNA file photo
Taipei, May 11 (CNA) Cathay Financial Holding Co. retained the title as the most profitable stock market-listed financial firm in Taiwan in the first four months of this year, while Fubon Financial Holding Co. reported the highest earnings per share (EPS) for the four-month period, according to industrial statistics.
Boosted by the growth enjoyed by Cathay Financial and Fubon Financial, the combined net profit of the 15 financial holdings listed on the local main board and the over-the-counter market hit a new high of NT$247.54 billion (US$8.88 billion) for the four-month period, up 112 percent from a year earlier.