Cathay to tap property insurance in China

The China Post - Cathay Financial, Taiwan's biggest financial holding firm, said it plans to set up a property insurance company in China to tap the fast growing mainland market. Full Story

Taiwan raises standards for holding firms, requiring more assets, capital

The China Post - Taiwan has set higher standards for forming a financial holding firm, requiring at least twice the assets and working capital from current levels in a bid to help speed up consolidation in the banking industry. Full Story