Wednesday, September 10, 2014
Shares in Taiwan ended 0.28-percent higher at 9,434.77 on Tuesday while the U.S. dollar gained NT$0.003 to close at NT$30.005 on the Taipei foreign exchange.
The Philippines' second richest man will regain full control of Philippine Airlines (PAL) by buying back a 49-percent stake from San Miguel, the firms said Tuesday, in a deal reportedly worth US$1 billion.
Tuesday, September 9, 2014
Japan's economy shrank more than estimated in April-June, revised data showed Monday, piling pressure on the government to delay another sales tax hike, while the central bank faces calls to expand its stimulus.
China's trade surplus surged to a record US$49.8 billion in August, figures showed Monday, as imports saw a surprising fall and export growth slowed in a further sign of softness in the world's second-largest economy.
Taiwan's LED packaging houses are forecast to have brighter business outlooks in the second half of the year than those of LED chip suppliers, according to local LED companies.
As the technology sector enters its boom season, foreign securities firms across the board hold a positive outlook about technology stock performance in the fourth quarter.
WitsView recently said that global tablet shipments are expected to see their first decline in five years at the end of 2014 on the back of consumer fatigue.
As global markets await the unveiling of Apple's iPhone 6 handset, reports indicate that analysts are expecting TSMC to secure manufacturing orders for the U.S.-based company's upcoming A9 processor that is slated to power next year's iPhone handset.
Approving a quarterly cash dividend of 10 cents per share of common stock in June, Applied Materials recently said the dividend is payable on Sept. 11 to stockholders of record as of Aug. 21.
The recent oil scandal is expected to hurt revenues of restaurants and food suppliers, but the impact on wholesalers and retailers is likely to be limited, officials said Monday.