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Thursday, August 28, 2014
Shares of Lextar Electronics Corp. (隆達電), one of Taiwan's leading light-emitting diode chip suppliers, soared Wednesday morning after the company announced that U.S.-based Cree Inc. had agreed to acquire a stake in the Taiwanese company, dealers said.
The Taiwan Futures Exchange (TAIFEX) and the Eurex Exchange, a derivative exchange in Germany, are scheduled to discuss cooperation in the futures market in Taipei yesterday.
 > Taiwan
Tatung InfoComm (大同電信) yesterday lashed out against the National Communications Commission (NCC) for denying the company's application to renew its WiMAX license last week, which is set to expire early December, denying the firm a chance to upgrade to more current standards.
 > Taiwan
Consumer confidence in Taiwan edged lower in August after having reached record highs the previous two months, according to the results of a survey released Wednesday.
 > Taiwan
Key economic indicator remains positive and 'green' for July: NDC
Taiwan's economy continued to enjoy positive momentum in July, with a government indicator of business activity flashing a green light for the sixth consecutive month, signaling steady growth, the country's economic planning body said Wednesday.
 > Taiwan
ITRI announces revolutionary AMOLED display technologies at Touch Taiwan 2014
The Industrial Technology Research Institute (ITRI, 工業技術研究院) on Wednesday announced a large number of active-matrix organic light-emitting diode (AMOLED) display technologies, including Taiwan's first foldable touch AMOLED module.
 > Taiwan
Shares in Taiwan closed higher in the wake of gains posted on Wall Street overnight, in particular after the S&P 500 index breached 2,000 points for the first time ever, dealers said.
 > Taiwan
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.041 to close at NT$29.985 as local exporters cut their greenback holdings in exchange for the local currency to meet fund demand near the end of the month, dealers said.
 > Taiwan
Burger King is buying Canada's Tim Hortons coffee-and-donuts chain in an US$11.4 billion deal that raised concerns about another U.S. company moving abroad for tax advantages.
Economists appear to be of two minds about the U.S. Federal Reserve.
  
  
  
  
  
  
  
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