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Wednesday, September 17, 2014
Chunghwa Telecom Co., Taiwan's largest mobile operator, reported heavy demand for Apple Inc.'s new smartphone models on Tuesday, saying that the first batch of iPhone 6 and iPhone 6 Plus put up for pre-sale “ordered out” within 40 minutes.
The Hon Hai Group said Monday night it would sue DMG Media if it fails to provide scientific evidence on the relations between Hon Hai workers suffering leukemia and their work environment in the company's factory complex in Shenzhen.
China's outbound investment more than doubled in August to US$12.62 billion, data showed Tuesday, far outstripping foreign direct investment (FDI) into the country, which fell to a four-year low.
NT$4.2 bil. in state funds to be injected into local market
As market upswing struggles to find momentum, the Ministry of Labor (MOL, 勞動部) will soon introduce another NT$4.2 billion of state funds into the local share market to boost daily turnover.
DBS Bank (星展銀行) announced recently that it has been named the “Safest Bank in Asia” for the sixth consecutive year by leading trade publication Global Finance.
Shares in Taiwan closed lower Tuesday with the bellwether electronics sector in focus as investors here took hints from heavy losses on the tech-heavy NASDAQ index overnight, dealers said.
The U.S. dollar rose against the Taiwan dollar Tuesday, gaining NT$0.054 to close at NT$30.160, as the weakness of other regional currencies prompted traders here to dump the local unit in exchange for the greenback, dealers said.
Tuesday, September 16, 2014
About 3.5 million out of 106 million trips from China were to Taiwan between July 2013 and June 2014, making Taiwan the 5th-most popular destination for Chinese visitors in the period, according to the Forbes.com website.
According to a recent report by Deutsche Bank AG, TSMC (台積電) is poised to command more than 70 percent of the global market for 28-nanometer and 32-nanometer semiconductor fabrication, as the Taiwan-based sector bellwether commences mass production of its high-performance 28-nanometer variant (HPC) designed to power low- and mid-tier mobile devices.
DBS Group recently said that mainland China's policymakers need to continue financial market reform and liberalize the capital account as they aggressively promote the international use of its currency, the renminbi (RMB).
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