Friday, December 19, 2014
Sony Pictures on Wednesday cancelled the release of a madcap comedy about North Korea that triggered chilling threats from hackers, as U.S. investigators reportedly blamed Pyongyang for a damaging cyber-raid on the movie giant.
Cathay Life Insurance Co. (國泰人壽), the flagship company of Taiwan-based Cathay Financial Holding Co. (國泰金), has agreed to acquire a 20-percent stake in Rizal Commercial Banking Corp. (RCBC) of the Philippines.
The Central Bank of the Republic of China said Thursday that it has decided not to change its key interest rates, after concluding its quarterly policymaking meeting.
Third-party payment providers will have to fork out NT$10 billion in funds if they want to establish themselves as electronic banks, said Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung (曾銘宗) yesterday.
Shares in Taiwan staged a rebound Thursday as investors, encouraged by gains on Wall Street overnight, bought into the local bellwether electronics sector, dealers said.
Shares of Motech Industries Inc. (茂迪) extended momentum Thursday morning after the U.S. government cut an anti-dumping tariff in a final ruling against Taiwanese solar product exporters, dealers said.
The bellwether electronics sector staged a technical rebound Thursday morning as investors were encouraged by the gains posted by high-tech stocks in the U.S. market overnight, dealers said.
The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.093 to close at the day's high of NT$31.450 on hopes that the U.S. Federal Reserve will stay on track to kick off an interest rate hike cycle in mid-2015, dealers said.
BlackBerry is returning to its roots with a new phone that features a traditional keyboard at a time when rival Apple and Android phones — and most smartphone customers — have embraced touch screens.
FedEx's second-quarter earnings soared 23 percent, but the package delivery company missed Wall Street forecasts due partially to a lower-than-expected benefit from falling fuel prices.