Saturday, July 26, 2014
The International Monetary Fund warned Thursday that geopolitical risks in Ukraine and the Middle East are looming over a global economy already hit by slowdowns in the U.S. and China.
Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans.
The Chinese National Federation of Industries (CNFI, 全國工業總會) publicized its 2014 White Paper yesterday, while CNFI Chairman Rock Hsu (許勝雄) pointed out Taiwan needs transformational change badly in order to compete on the global stage.
Facebook stock jumped to record highs Thursday as strong earnings from the leading social network sparked fresh buying.
Anticipating growing exports and local demand, the Taiwan Institute of Economic Research (TIER) yesterday raised Taiwan's 2014 GDP growth forecast to 3.28 percent, up 0.05 percentage points from its prediction made in April.
As Apple reportedly placed a big-ticket order for new iPhone units recently, local companies involved in the supply chain — Apple-concept companies — are expected to see stronger sales in the third quarter.
The 2014 Taipei Computer Applications Show (TICA) will take place in the Taipei World Trade Center's Exhibition Hall 1 from July 31 to Aug. 4 and will feature complimentary admission for the public, event organizers announced yesterday.
Shares of TPK Holding Co. (宸鴻科技) took a dive Friday morning after the touch panel maker gave cautious guidance for the third quarter of the year, which is usually a peak period for the global electronics business, dealers said.
DHL recently reaffirmed its support and commitment to Taiwan's life sciences and health care industry, especially in the growing sector of biotechnology.
Shares in Taiwan pulled back Friday as investors locked in their earlier gains in the bellwether electronics sector, creating heavy downward pressure on high-tech heavyweights, including Largan Precision Co. (大立光電), dealers said.