Tuesday, October 6, 2015
Fair Friend Group (友嘉), which is participating at the EMO Milano 2015 exhibition, astounded the world by stating its plan to acquire Germany's 143-year-old machine tool manufacturer Wohlenberg.
At the end of the year, Taiwan may have the chance to join talks to become a second-round member of the Trans-Pacific Partnership (TPP), Legislative Speaker Wang Jyn-ping (王金平) said in Taipei yesterday.
Shares in Taiwan closed moderately higher in thin trading yesterday, with the bellwether electronics sector slightly underperforming the overall market.
Taiwanese contract laptop maker Inventec Corp. (英葉達) is working to begin production in Indonesia and India for major mobile phone customer, Xiaomi Inc. (小米) of China, as part of an overseas manufacturing contract.
Minister of Finance Chang Sheng-ford said Monday that his ministry is considering lowering taxes to revive the economy, once such a step would not compromise the country's financial integrity.
The majority of office workers in Taiwan are under stress, with work being the biggest source of their pressure, according to a survey released Monday by an online job broker.
The Taiwan Stock Exchange (TWSE) announced yesterday that the securities net overbought position by foreign investors was NT$1.92 billion during the week of Sep. 30-Oct. 2. This represented the difference between NT$100.56 billion securities bought and NT$98.64 billion securities sold.
Asian equity markets were higher Monday after a weak U.S. jobs report fueled speculation that the world's number one economy is not ready for an interest rate rise any time soon.
Shares in mining giant Glencore soared in afternoon trade Monday in Hong Kong following reports of talks on selling its agriculture business, but the firm said it was unaware why its stock had risen so sharply.
Monday, October 5, 2015
In the latest move to regain control in a hostile takeover, Siliconware Precision Industries Co. (SPIL, 矽品精密) told media yesterday that the Taiwan Stock Exchange would become "a disaster zone" if a local court ruled in favor of its acquirer.