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Taiwan's Biggest Financial Firm Braces for Deeper China Turmoil bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Taiwan’s biggest financial conglomerate has cut back on its exposure to China as it braces for any deeper fallout from the property crisis in the world’s second-largest economy. Fubon Financial Holding, which operates banks and insurance companies, has been capping its risks in China over the past few years during… ....
The 15th Straits Forum, the biggest in-person people-to-people exchange event across the Taiwan Straits since the COVID-19 pandemic, has attracted more than 5,000 attendees from the island, including young people who are now working, studying and living in the mainland, as well as those who are looking forward to opportunities in the mainland despite the cross-Straits tensions caused by the secessionist Democratic Progressive Party (DPP) and collusion between the Taiwan authorities and Washington. ....
The collapse of Silicon Valley Bank will not impact China s financial system but offers an important lesson for the country s banking industry, the official Securities Times said in an editorial. | March 15, 2023 ....