Tuesday, July 29, 2014
Foreign investors last week bought net NT$6.97 billion-worth of local shares, with AU Optronics Corp. (AUO, 友達光電) seeing the highest overbought positions, according to the Taiwan Stock Exchange (TWSE).
The Council of Agriculture (行政院農委會) said Monday that despite surging over the past month, egg prices are “still within a reasonable range,” meaning it will not take immediate action to control prices.
The U.S. dollar rose against the Taiwan dollar Monday, gaining NT$0.002 to close at the day's high of NT$30.037 as the greenback recouped earlier losses on the back of buying by the local central bank, dealers said.
Shares in Taiwan extended losses Monday from a session earlier as investors kept unloading their electronics stocks after the high-tech sector suffered a downturn on Wall Street at the end of last week, dealers said.
Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.
Australia has given the go-ahead to a massive coal mine in Queensland state which Environment Minister Greg Hunt said Monday could ultimately provide electricity for up to 100 million Indians.
Irish low-fare airline Ryanair, which hit a weak patch last year, reported a strong recovery but downward pressures on fares, in a quarterly results statement on Monday.
Though employees of many small and medium-size companies will benefit from this year's shunto spring labor-management wage negotiations, challenges have already surfaced for next year's shunto negotiations. This is mainly because of the tough decisions smaller firms had to make this time around.
Fracking will be allowed in British national parks in “exceptional circumstances,” according to government guidelines announced on Monday as new bidding for exploration licenses opens.
Sohu.com Inc., operator of a popular Chinese Internet portal, says it lost US$45 million in the latest quarter while revenue rose 18 percent to US$400 million.