Tuesday, June 30, 2015
Oil prices dropped on Monday, tracking a sell-off in global equity markets and the euro caused by fears of a Greek debt default, analysts said.
The European single currency briefly dropped below US$1.1 on Monday as investors grow concerned Greece is headed for a debt default and a possible eurozone exit.
General Electric Co. is selling its U.S., Mexico, Australia and New Zealand fleet businesses to Element Financial Corp. for US$6.9 billion.
Monday, June 29, 2015
Greece's five-year financial crisis took its most dramatic turn yet, with the cabinet deciding after an 8-hour session that Greek banks would remain shut for six business days and restrictions would be imposed on cash withdrawals.
Asian equities tumbled Monday on expectations of a Greek eurozone exit after Athens announced a referendum on creditors' proposals, while Chinese stocks gyrated wildly after losing some 20 percent in the past two weeks.
Taiwanese integrated circuit designer ASMedia Technology Inc., a subsidiary of computer vendor Asustek Computer Inc., is forecast to benefit from broader adoption of the USB3.1 port and increasing chipset orders.
Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chip maker, is expected to secure more than half the orders for Apple Inc.'s new mobile chip in 2016 thanks to better production capacity planning.
Imagine staring deep into the foam of your favorite espresso drink and seeing a face looking back at you. Or how about using the charge in your fingers to clean your teeth?
Jason Chen (陳俊聖), corporate president and chief executive officer of Acer Inc. (宏碁), declared at the company's annual shareholders meeting on Tuesday that his mission at Acer is to help the company survive and generate stable profits.
The Yuanta-Polaris Research Institute, one of Taiwan's leading think tanks, lowered its forecast for the country's gross domestic product (GDP) growth for 2015 on Tuesday, citing weakening domestic consumption and global demand.