Saturday, November 30, 2013
The U.S. dollar fell against the Taiwan dollar Friday, shedding NT$0.001 to close at NT$29.679 as local exporters continued to sell the greenback in exchange for the local currency to settle their monthly accounts, dealers said.
Although TAIEX dropped 0.5 percent or 43 points in November, it is widely believed that the index looks set to reach a yearly high in December, due to more liquidity brought in by the government's and conglomerates' funds.
Shares in Taiwan closed higher Friday as buying rotated to local manufacturers in the supply chain of Apple Inc., driven by strong demand for the company's new iPhone 5S, dealers said.
The Australian government rejected Friday the AU$3 billion (US$2.7 billion) sale of GrainCorp to American agribusiness giant Archer Daniels Midland (ADM), saying it went against the national interest.
South Korea's industrial output grew at its fastest pace for 11 months in October on the back of increased production in the manufacturing sector, government data showed Friday.
Friday, November 29, 2013
Game developers from Taiwan and abroad are preparing to gather in Taipei Dec. 5-6 to share their insights into the industry during the Taipei Summit of the Game Developers Conference (GDC).
Fresh off a five-day streak of consecutive gains, the TAIEX is poised to reach new heights in the year's final month, according to market commentators.
Compal Electronics (仁寶電腦) yesterday announced that it has completed the initial phase of its bid to acquire Compal Communications Inc. (華寶通訊) by purchasing a considerable amount of the latter's shares on the open market.