TAIWAN: BEFORE THE OPEN, 13Jun2013

Taiwan is still an emerging market; China Steel and the dash for trash; More HTC One Mini photos; Legislative Yuan convenes today; Corporate tax receipts down in Q1; More corrupt DPP officials; Here’s what you need to know pre-open.
dragon boat
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Taiwan bank joins large RMB cross-boarder loan… One China

RMB

You can’t fight progress.

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TAIWAN: CLOSING WRAP, 05Jun2013

TWSE has another boring day down 0.11%; Where is the inflation?; The HTC One mini; Land Bank and CCB sign MOU; DPP flip-flops on Nuke 4; Here’s what you missed today.
taiwan flip flop
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One China: Land Bank and China Construction Bank sign MOU on RMB trade

one china

UDN

ICBC expands to Luxembourg

luxembourg

From Xinhua:

The Industrial and Commercial Bank of China (ICBC) plans to create a RMB cross-border business center in Luxembourg to cover Europe, it said on Tuesday.

Yuan deposits grow 92% MoM

From The China Post:

The statistics released by the central bank Friday showed the balance of the yuan deposits at the end of last month rose 8.87 billion yuan, or 92.15 percent from the end of February amid warming business ties across the Taiwan Strait.