News: Mega Brands Inc (MB.TO)
Sun, Nov 24 2013
TAIPEI, Nov 25 - Taiwan stocks rose 1 percent on Monday morning, led by banks on media reports that the finance ministry has asked state-run Mega Financial to evaluate the possibility of merging with Chang Hwa Bank in what could be the biggest merger in the banking sector in more than a decade. At about 0240 GMT, the main TAIEX index had climbed to 8,191.48 points. Chang Hwa soared 4.3 percent and Mega advanced 2 percent, sending the financial sub-index 1.4 percent higher. "S
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