OPENING DOORS: The bonds could be converted into a stake in the company of just above 4 percent and will expand US-based Intel's NAND flash memory business
Intel Corp, the world's largest chip maker, will invest US$65 million in Taiwan's Powertech Technology Inc (力成科技), its largest investment in an Asian company, to boost its flash memory business.

[ FULL STORY ]

By Lisa Wang
Taiwan Mobile Co (台灣大哥大), the nation's third-largest mobile carrier, yesterday said it planned to acquire fixed-line operator Taiwan Fixed Network Co (台灣固網) in a cash deal worth up to NT$53.57 billion (US$1.63 billion).

[ FULL STORY ]

By Amber Chung
As foreign private equity funds become increasingly active, investors should turn the tables by pooling idle funds to invest internationally, pundits said yesterday.

[ FULL STORY ]

NO MORE WAITING: After none of the financial holding firm's private shareholders increased their shares, the government vowed to maintain control of the board
By Jackie Lin
The government has decided to increase its holding in China Development Financial Holding Co (中華開發金控) and will solicit proxy votes to win over the management in the shareholder meeting scheduled for June, a government official said yesterday.

[ FULL STORY ]

PAYING MORE: The new 25 percent tax rate means foreign enterprises, which have previously been subject to a 15 percent rate, will have to pay a combined US$5.1 billion extra each year
People often say China's legislature doesn't matter. Tell that to foreign companies, which will see their tax bill rise by a collective US$5 billion after the nation's lawmakers gather next week.

[ FULL STORY ]

The EU threatened Microsoft Corp with new fines yesterday, claiming the software giant had failed to live up to legal promises to provide competitors with updated, complete and reasonably priced information on work group servers.

[ FULL STORY ]

Taiwan share prices slumped 2.83 percent yesterday in active trade because of laggard selling a day after a holiday closure spared it from falls across global equity markets, dealers said.

[ FULL STORY ]