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Tuesday, August 25, 2015
World stocks tumble on China market fall
U.S. stock markets sank in morning trading Monday in a wave of fear that circled the globe after a historic plunge in mainland Chinese stocks.
Taiwanese smartphone maker HTC Corp. (宏達電) announced Monday that its board of directors has authorized a share repurchase program to restore investor confidence and increase shareholder value after the stock plunged to an all time low.
Taiwan's Asustek Computer Inc. (華碩) replaced its Chinese rival Lenovo Group Ltd. as the second-largest personal computer vendor in Turkey in the second quarter of 2015 despite a dramatic decline in the overall market, according to tech research firm IDC.
With the help of GPS navigation, technology based on the Internet of Things (IOT), a self-driving car will no longer be a pipe dream, and there are many more possibilities, according to technology and management scholars.
A plunge on the local equity market in recent sessions posted massive losses for investors, market statistics showed . According to the data, equity investors in Taiwan have lost more than NT$200,000 on average so far this month.
 > Taiwan
Asustek Computer Inc. (華碩), a Taiwan-based PC vendor, said Saturday that it sold 12,000 units of its second generation ZenFone smartphone series in Brazil in just 20 hours after it was released there.
The unemployment rate in July dropped 0.2 percentage points from last year to 3.82 percent, the lowest for the month in 15 years, the Directorate General of Budget, Accounting and Statistics (DGBAS, 主計處) reported yesterday.
 > Taiwan
Solar energy shareholders expressed concern about the possible impact of the downturn in oil prices and the tumble that Taiwan stocks took yesterday on their industry, despite a broadly positive outlook among investors.
 > Taiwan
For those recent graduates who have successfully landed a job, an average of 66 resumes had to be sent out before receiving an offer, according to a survey released on Monday by an online human resource agency.
 > Taiwan
Taiwan External Trade Development Council (TAITRA, 外協), Taiwan's main trade promotion body, signed an agreement with the Rhode Island Commerce Corporation yesterday to deepen cooperation in trade and investment development.
 > Taiwan
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