Saturday, April 19, 2014
Securities companies operating in Taiwan posted a total of NT$8.25 billion in net income for the first quarter, a 75-percent increase year-on-year, in line with Taiwan's strengthening stock market.
The government is expected to hike the housing tax to cool down surging realty prices, and local realtors and builders have cast doubts on the new policy.
Google announced its partnership with MiTAC Information Technology Corp (神通資訊科技) yesterday to launch its flagship service Google Cloud Platform.
YFY Corp. (永豐餘) recently revealed that its first NPulp facility in Jiangsu province of mainland China has entered mass production, allowing the firm to pioneer the full utilization of whole-straw pulp to produce environmentally friendly packaging materials.
Local property stocks underperformed against the broader market Friday to close down amid fears that Taipei was developing new measures to curb the constant climb of housing prices in the city, dealers said.
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.009 to close at the day's high of NT$30.230 as the local central bank picked up the greenback to help the currency recoup earlier losses, dealers said.
Shares in Taiwan failed to remain above the 9,000-point mark at the close of trade as investors locked in their earlier gains, although the index still ended up from the previous day, dealers said.
Who says America has lost its muscle?
Sina Weibo, China's answer to Twitter, debuted on the Nasdaq exchange Thursday with a 19.1 percent jump despite an IPO that went out undersubscribed and lower priced than hoped.
Facebook users in the U.S. will soon be able to see which of their friends are nearby using a new feature the company is launching on Thursday.