I-Mei Foods (義美食品) has allegedly used expired ingredients in its food making process — a criminal act that will be investigated by local health departments, Food and Drug Administration Director-General Kang Jaw-jou (康照洲) said yesterday.

Taiwan's HTC Corp. on Monday launched a mini handset as an optional accessory to a customized version of its HTC One flagship phone for the Japanese market, in cooperation with a major telecom operator there.

Yahoo is buying online blogging forum Tumblr for US$1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.

The central bank yesterday announced a trade surplus of US$2.15 billion for the first quarter, with the current account gaining US$11.09 billion, while recording a net outflow of US$9.52 billion in the financial account.

Corporate event planner ITE Group PLC reported a 15-percent fall in first-half profit, hurt by rising overhead costs and the absence of two key biennial events in Russia.

Although Hon Hai Precision (鴻海精密) has made a lot of progress in working conditions at its Chinese factories, the company still faces a challenge in trying to meet a July 1 deadline for cutting working hours.

TECO Electric and Machinery (TECO,東元電機) is set to issue Taiwan's second renminbi-denominated bond from corporate issuer GreTai (over the counter market, 櫃買中心) next Monday with the help of HSBC Taipei.

Shares of Shin Kong Financial Holding Co. moved higher Friday morning after it reported an improvement in its bottom line for the first quarter of this year, dealers said.

The chairwoman of Taiwan-based smartphone vendor HTC Corp. has not raised her holdings in the company for 10 months, statistics released by the Taiwan Stock Exchange (TWSE) showed Friday.

Dell's earnings plunged 79 percent in the latest quarter as the shift to smartphones and tablets reduced demand for the company's personal computers.