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Wednesday, February 25, 2015
TAIEX finishes trade above 9,600 points on back of Wall Street gains
Shares in Taiwan closed above the 9,600-point mark as the local market played catch-up with Wall Street, which rose higher while Taiwan's market was closed from Feb. 16 to 23 for the Lunar New Year holiday, dealers said.
 > Taiwan
Taiwanese computer maker Acer Inc. (宏碁) is set to unveil a new smartphone running on the mobile version of Microsoft Corp.'s Windows operating system, at the Mobile World Congress trade show in Spain next week.
 > Taiwan
Net income of overall securities firms in January 2015 was NT$2.428 billion, according to a press release from Taiwan Stock Exchange (TWSE, 台灣證券交易所).
 > Taiwan
The public will see lower-than-expected utility prices starting in April, as declining natural gas costs are gradually factored in by Taiwan Power Company (Taipower), the utility company announced yesterday.
 > Taiwan
The 2015 Taipei International Machine Tool Show (TIMTOS,台北國際工具機展) is scheduled to take place at Taipei World Trade Center Exhibition Halls 1 and 3, as well as the Nangang Exhibition Hall and the Taipei Expo Park from March 3 until March 8.
 > Taiwan
As Turkey will soon launch direct flights to Taiwan, the Taiwan External Trade Development Council (TAITRA, 外貿協會) plans to invite more procurement teams from the country, and has scheduled a business delegation to visit the emerging economy between April 12 and 25.
 > Taiwan
The U.S. dollar rose against the New Taiwan dollar Tuesday, gaining NT$0.050 to close at NT$31.688 as traders heeded the weakness of the South Korean won to cut their holdings in the local currency to reverse an earlier downturn in the greenback, dealers said.
 > Taiwan
Acer unveils 2 cloud solutions in diversification effort
Taiwan's Acer Inc. (宏碁) unveiled two new cloud application solutions Tuesday for enterprises and individual consumers in an effort to transform itself into a company that integrates hardware manufacturing with software and services.
 > Taiwan
US home sales plunge 4.9% in Jan.
U.S. home sales struck a snow drift in January, plunging to the slowest pace in nine months.
Hitachi said Tuesday it would buy the rail and traffic signal businesses of Italy's Finmeccanica.
  
  
  
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