Taiwan banks' overseas earnings boosted by New Southbound policy

Overseas earnings of Taiwanese banks got a boost from the government's New Southbound policy, seeing their first-quarter incomes raked in from the countries covered by the policy hitting a new high since President Tsai Ing-wen (蔡英文) took office on May 20, 2016, according to data released Tuesday by the Financial Supervisory Commission (FSC).

(Full text of the story is now in CNA English news archive. To view the full story, you will need to be a subscribed member of the CNA archive. To subscribe, please read here.)