taiwan

Major League Baseball's worldwide spread is facing slow going in China and Africa. But America's favorite pastime is working hard to find friends in both areas, starting with footholds in Taiwan and South Africa. MLB is clearly keeping its eye on the ball overseas.

In a second attempt to sell its 97.6% stake in Nan Shan Life Insurance, a Taiwanese insurer, American International Group has agreed to a $2.16 billion deal with the Ruen Chen consortium. But regulators nixed another sale agreement just five months ago. Will this deal go through?

Apple has raised its target for first-quarter shipments of its iPhone by as much as 10%, anonymous component suppliers told DigiTimes. The news signals strong holiday sales for the phone and bodes well for the company's upcoming quarterly earnings.

Manufacturing output jumped in China and India in October, breaking with the rest of Asia. China's official Purchasing Managers Index gained to 54.7 in October, from 53.8 a month earlier, The Wall Street Journal said. A reading above 50 signals expansion and a reading under 50 means output...

Phone manufacturer HTC Corp. (HTCXF) almost doubled quarterly profited as demand for smartphones surged. Third-quarter profit jumped to NT$11.1 billion ($360 million) from NT$5.7 billion a year earlier, Bloomberg News reported. The Taiwanese company easily beat the NT$9.2 billion forecast by...

American International Group (AIG) may sell two Japanese life-insurance units to Prudential Financial Inc. (PRU) for a total of as much as $5 billion, The Wall Street Journal said. The agreement is currently "a few days away" from being ready, The Wall Street Journal said without naming its...

Regulators in Taiwan blocked the proposed $2.15 billion sale of AIG's (AIG) Taiwan life insurance business to a Hong Kong-based consortium. AIG struck a deal in October to sell the Nan Shan unit to China Strategic Holdings and Primus Financial Holdings, the Financial Times reported. Regulators...

Foxconn Technology Group will hire as many as 400,000 workers in China in the coming year. The company, which was rocked by a string of employee suicides earlier this year, also plans to build factories closer workers' homes. The Taiwanese company, which makes products including the Apple (AAPL)...

Foxconn workers in China will get another pay raise in coming months, on top of a boost in response to recent worker suicides. The company is the world's largest contract maker of electronics for customers including Apple, Sony, Dell, Nokia and Hewlett-Packard.

After the $6.4 billion U.S. arms sale to Taiwan in January, some Chinese military members have advocated retaliating by dumping some of China's $755 billion in U.S. Treasury bond holdings. But such a move would seriously hurt China, too. Is this talk mere saber-rattling?