Bloomberg, the leading global provider of data, news and analytics, today announced that Bloomberg News has expanded its bureau in Taipei, Taiwan.
The news bureau, headed by Bureau Chief James Peng, is in a newly opened Bloomberg facility in Cathay Xin Yi Trading Center. The opening ceremony today was conducted by Peter T. Grauer, Chairman and President of Bloomberg LP.
"Taiwan has grown into one of the top 20 markets for the Bloomberg Professional service, reflecting the rapid development of the country's financial markets," Mr. Grauer stated. Bloomberg has averaged a growth rate of 23.3 percent over the past two years in Taiwan, he added.
"Our new, expanded Taipei office symbolizes Bloomberg's long-term commitment to the country, to the Asia-Pacific region and to the global financial community," Mr. Grauer said. "Bloomberg will continue to be a partner in developing Asia's financial markets by linking local and international investors through our unique information, analytics, communication and media service."