Taiwan finance 'titan' Jeffery Koo dies at 79 in New York hospital
TAIPEI (AFP) - Taiwanese tycoon Jeffrey L S Koo, head of a leading financial group and one of the island's richest men, has died at the age of 79, his company said Saturday.
Mr Koo, chairman of Chinatrust Financial Holding, died at a hospital in New York on Thursday, his company said without identifying the cause of death.
"Chairman Koo was a titan in Taiwan's economy, trade and diplomacy," President Ma Ying-jeou's office said in a statement.
"Koo had countless friends in the United States, Japan and other Asian countries and he effectively helped the government promote trade and diplomacy... President Ma was deeply saddened by his death."