Tuesday, July 21, 2015
Swiss brokerage firm UBS Securities has cut its forecast for the TAIEX, Taiwan stock exchange's benchmark index, for the end of the year from 9,750 to 9,200 points, making its third downward revision in two months.
Taiwan is expected to grab the title as the largest spender on semiconductor equipment in 2015, according to an estimate released by the trade association Semiconductor Equipment and Materials International (SEMI).
Top executives of Japanese conglomerate Toshiba were systematically involved in overstating more than US$1.2 billion in profits, the firm's independent panel has warned in a report to be released on Monday, according to local media.
Several hundred fishermen along Thailand's coastal provinces have urged the government to delay new rules and regulations to crack down on so-called illegal.
The shipbuilding industry has sought an incentive package from the government to make the country's shipyards competitive against those of Vietnam, India and China.
Sunday, July 19, 2015
The iPass Corp. (一卡通票證公司), a competitor of EasyCard Corp. in Taiwan's stored-value card market, is hoping to follow EasyCard in trying to raise the daily spending ceiling of its card, the company said Saturday.
Hsia Li-yan (夏立言), head of Taiwan's Mainland Affairs Council (MAC), told American scholars and media on Friday that he hoped exchanges and negotiations between the two sides of the Taiwan Strait will not be interrupted or changed because of next January's presidential election.
The Ministry of Economic Affairs (MOEA) said Saturday that it expects Japanese and Taiwanese companies to invest as much as NT$15 billion (US$479 million) in joint ventures that will forge closer business ties between the two countries.
The Ministry of Economic Affairs (MOEA) said yesterday that it forecasts negative growth in June export orders.
Securities companies operating in Taiwan saw their net profit for June fall more than 70 percent from a month earlier, reflecting of a decline in share prices and a shrinkage in daily turnover, according to the Taiwan Stock Exchange (TWSE).