Friday, August 1, 2014
The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.030 to close at the day's high of NT$30.040 as the local central bank seized the weakness of other regional currencies to vault the greenback back to the red, dealers said.
Shares in Taiwan took a beating Thursday as large-cap semiconductor stocks came under heavy downward pressure amid cautious sentiment toward the outlook for the third quarter, dealers said.
Thursday, July 31, 2014
AU Optronics (友達) yesterday second quarter revenues of NT$102.042 billion, improving by 8.8 percent quarter-on-quarter, and after-tax net income of NT$4.024 billion, and earnings-per-share performance of NT$0.42, at the company's earnings conference yesterday.
Semiconductor testing and assembly companies Advanced Semiconductor Engineering (ASE, 日月光) and Siliconware Precision Industries Limited (SPIL, 矽品) yesterday hosted their respective earnings conferences, each expressing an upbeat outlook over the second half of this year.
Four Taiwanese civilians were arrested by Australian Federal Police in Melbourne on July 29 for carrying 135 kilograms of methamphetamine, worth AU$130 million (US$122 million).
A research center has raised its 2014 growth forecast for the output value of Taiwan's manufacturing sector, citing a warming global economic climate.
Taiwan's manufacturing sector will be dealt a severe blow when a free trade agreement (FTA) expected to be signed by China and South Korea later this year takes effect, a local research institute warned Wednesday.
Taiwan's misery index — the sum of the country's jobless and inflation rates — over the past 10 years is higher than Singapore's but lower than the figures for Hong Kong and South Korea, the Chung-Hua Institution for Economic Research (CIER,中華經濟研究院) said Wednesday.