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Thursday, July 31, 2014
Taiwan's share market on Wednesday gained 55.14 points, or 0.58 percent, at 9447.02 while the U.S. dollar rose against the Taiwan dollar by NT$0.05 to close at NT$30.01.
 > Taiwan
Twitter shares shot higher by some 30 percent Tuesday after its quarterly report showed surprisingly strong revenue and user growth, despite a widening loss.
The New York Times Co. on Tuesday reported a sharp drop in profits as lower advertising revenues offset gains in digital subscriptions.
The U.S. Federal Reserve began a two-day policy meeting Tuesday under rising pressure to step off its ultra-dovish stance to address rising inflation and worries of overheated markets.
Japan's factory output in June logged its sharpest fall since the 2011 earthquake-tsunami disaster, hit largely by drops in cars and industrial machine production, official data showed Wednesday.
 > Japan
Biologic drugmaker Amgen said Tuesday that it will lay off 12 to 15 percent of its worldwide workforce and close four sites, even as it reported stellar second-quarter results that trounced Wall Street expectations.
Sony said Wednesday it would de-list its shares from the London Stock Exchange after 44 years because of thin trading volume, following a series of pullouts by other Japanese firms.
Shares in Skymark plunged for a second straight day Wednesday wiping out a quarter of its value — about US$64 million — after Airbus said it has cancelled a deal with the Japanese budget airline worth more than US$2 billion.
South Korea's industrial output rebounded in June from two months of decline, with mobile and semiconductor products leading the way, government data showed Wednesday.
India's largest online e-commerce company, Flipkart, raised US$1 billion in new capital this week as the company gears up for competition with Amazon's push into the Indian market.
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