Thursday, November 27, 2014
Panel maker Innolux Co. (群創) said yesterday that its syndicated loan deal is moving forward smoothly and it has secured 80 percent of the loan, refuting rumors in the market that the deal is falling apart.
As silicon slingers including Taiwan Semiconductor Manufacturing Co. (TSMC, 台灣積體電路) aggressively pursue transistor scaling, ASML Holding expects to triple its earnings per share (EPS) by 2020.
China Airlines (CAL,中華航空) recently took home four awards during its first-ever participation in the 2014 Taiwan Corporate Sustainability Awards (TCSA,台灣企業永續獎), according to the air carrier.
Evergreen Marine Corp. (長榮海運), Taiwan's largest shipper, said Wednesday that it will expand its Asia-East Africa shipment services by working with its French and United Arab Emirates (UAE) counterparts to provide its clients with better services.
The U.S. dollar fell against the New Taiwan dollar Wednesday, losing NT$0.014 to close at NT$30.952 as Taiwanese exporters rushed to raise their local currency holdings to meet fund demand with the end of the month approaching, dealers said.
Shares in Taiwan closed flat Wednesday on thin turnover as many investors took to the sidelines ahead of local government elections slated for Nov. 29, dealers said.
A rise in Apple shares Tuesday pushed the market value of the trend-setting U.S. tech icon above US$700 billion, becoming the first company to hit that milestone.
OPEC needs non-cartel members to help address an oil supply glut that is set to grow next year, Iran's oil minister said here Wednesday.
The head of the Asian Development Bank (ADB) said Wednesday he is ready to work with China on a new infrastructure investment lender proposed by Beijing, despite fears it could undermine his institution.
Samsung Group announced Wednesday the sale of stakes in four petrochemical and defense affiliates for US$1.7 billion as the South Korean giant steps up restructuring efforts ahead of a generational ownership succession.