Taiwan's government, which needs to clear all outbound investments, had not approved the deal.
($1 = 30.3870 Taiwan dollars)
(Reporting by Meg Shen and Ben Blanchard; Editing by Jan Harvey)
End-of-day quote MSCI 07:30:00 02/05/2024 pm IST | 5-day change | 1st Jan Change | ||
691.2 USD | -1.15% | -0.22% | +8.20% |
03:59am | Taiwan says Chinese planes crossed median line, China carries out landing drills | RE |
03:52am | Stay alert: Quake warning app demand surges in earthquake-rattled Taiwan | RE |
TAIPEI (Reuters) - Taiwan's economy ministry said on Thursday it had fined Foxconn, the world's largest contract electronics maker, T$10 million ($329,088) for making an unauthorised investment in embattled Chinese chip conglomerate Tsinghua Unigroup.
Taiwan's government, which needs to clear all outbound investments, had not approved the deal.
($1 = 30.3870 Taiwan dollars)
(Reporting by Meg Shen and Ben Blanchard; Editing by Jan Harvey)