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The South Korean KOSPI index closed up 27.17 points, or 0.44%, at 6219.09 on Monday, April 20.
2026-04-20
The South Korean KOSPI index closed up 27.17 points, or 0.44%, at 6219.09 on Monday, April 20.
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2026-04-20
Taiwan is considering allowing companies listed to pay dividends in US dollars instead of the local currency, with the Financial Supervisory Commission reviewing operational details, according to people familiar. The proposal, backed by firms with la
Taiwan is considering allowing companies listed to pay dividends in US dollars instead of the local currency, with the Financial Supervisory Commission reviewing operational details, according to people familiar. The proposal, backed by firms with large dollar holdings and foreign shareholders, aims to cut conversion costs and streamline capital flows, while reducing seasonal volatility in the Taiwan dollar. Listed firms currently must convert earnings into local currency before payouts. A rollout timeline is unclear and unlikely before July’s peak dividend season. Taiwan-listed companies have announced NT$2.2 trillion ($70 billion) in dividends for 2025, with Taiwan Semiconductor Manufacturing Co. among the largest contributors, while foreign investors held 45% of stocks last year.
2026-04-20
The onshore yuan closed at 6.8195 against the US dollar at 16:30 on April 20, up 68 points from the previous trading day.
The onshore yuan closed at 6.8195 against the US dollar at 16:30 on April 20, up 68 points from the previous trading day.
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