Friday, May 29, 2015
Shares in Taiwan closed above the 9,700-point mark Thursday as buying rotated to the bellwether electronics sector, focusing on select large-cap high-tech stocks amid optimism toward their fundamentals, dealers said.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.076 to close at NT$30.801 after the local central bank's aggressive intervention to vault the U.S. currency back to a level above the previous close, dealers said.
China is relying on Taiwan to help supply flat panel displays (FPDs) this year as Chinese manufacturers can meet only about 50 percent of domestic demand, a Chinese industry leader said Thursday in Taipei.
Tigerair Taiwan, a joint venture between Taiwan 's China Airlines and Singapore's Tiger Airways, said Thursday that it will launch flights between Taiwan Taoyuan International Airport and Osaka International Airport July 3 to capitalize on increasing interest in travel between Taiwan and Japan. The budget carrier, which will offer discount flight tickets online from noon Thursday to 11:59 p.m. Friday, said it will operate one round-trip flight every day.
The orders and shipping report released by Semiconductor Equipment and Materials International (SEMI) revealed that its orders to semiconductor equipment manufacturers in North America in April amounted to an average of NT$157 million, with a book-to-bill ratio (B/B ratio) of 1.04.
Yilan County Government has recently cooperated with China Airlines (CAL) to establish the promotional tour package, "green Yilan; truly Taiwan," to attract Japanese and Korean tourists.
Dozens of farmers and activists burned tires and briefly occupied a bridge in Peru's southern highlands Wednesday, defying troops sent to quell weeks of deadly protests against a Mexican-owned copper mining project.
In a clash of rival makers of fitness trackers, Jawbone is suing Fitbit and a group of employees who quit Jawbone to work for Fitbit, saying they stole trade secrets, business plans, market research, and other information.
The rival group to the United Auto Workers (UAW) union at the Volkswagen plant in Tennessee brands itself as local, independent and free of outside influence or political agenda.
Billionaire Elon Musk's firm SpaceX has won long-waited approval from the U.S. Air Force to launch military satellites, opening the way to a lucrative market that has been a virtual monopoly for a Boeing and Lockheed Martin joint venture.