Tuesday, April 22, 2014
Hasbro returned to profitability in its first quarter, driven by sales of girls' toys such as My Little Pony and Nerf Rebelle. The prior-year results were dragged down by restructuring charges.
Global stocks were mixed Monday in light trading after Japan reported a record annual trade deficit and investors looked ahead to economic data this week from China and South Korea.
Chinese stocks tumbled 1.52 percent Monday on fears of a possible market glut after authorities revealed a list of several firms planning initial public offerings (IPOs).
The yen was weaker against the dollar and the euro in quiet Asian trade Monday after data showed Japan's trade deficit quadrupled year-on-year in March.
The price of oil edged down Monday but stayed above US$104 per barrel as investors watched simmering tensions in Ukraine.
Monday, April 21, 2014
The Spring/Summer 2014 edition of Taipei IN Style (TIS) culminated in large-scale runway shows and seminars and is expected to bring in more than US$8 million in business.
Asustek Computer Inc.'s low-cost ZenFone models have become the star products at the Spring Computer Fair in Taipei, drawing more than 1,000 pre-orders on each day of the weekend.
Smartphone camera lens supplier Largan Precision Co. (大立光) is expected to rake in NT$3 billion in April, and the company may hit a new sales record in the second quarter, analysts said.
Shares of Taiwan Life Insurance Co. (台灣人壽) took a beating Thursday morning amid fears that a buyout deal in which CTBC Financial Holding Co. (中信金控) will acquire the life insurer is going to fall apart, dealers said.
Carlyle last week became one of the first major private equity players to launch a dedicated sub-Saharan Africa fund, underscoring the growing investor interest in the continent's growing middle class.