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Sunday, November 16, 2014
The output value of Taiwan's semiconductor sector is expected to rise more than 16 percent in 2014, according to the industry research group Industrial Economics and Knowledge Center (IEK, 工研院).
The Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院), one of Taiwan's leading think tanks, said Saturday that Taiwan is faced with pressing threats and could lose its share in the global market due to the upcoming signing of the China-South Korea free trade agreement(FTA).
Largan Precision Co. (大立光), one of Taiwan's leading smartphone camera lens supplier, ranked as the top earner in the local bourse in terms of earnings per share (EPS) in the third quarter of this year as the company got a boost from an increase in orders from Apple Inc., the China Time reported Saturday.
Telpa, a Turkish mobile phone supplier, is planning to work with Taiwan-based high-tech giant Hon Hai Precision Industry Co. (鴻海) to roll out mobile phones and tablet computers in Turkey, according to Reuters.
South Korea and New Zealand agreed to a free trade deal Saturday on the sidelines of the G-20 summit in Brisbane, ending five years of negotiations, New Zealand Prime Minister John Key said.
U.S. Secretary of State John Kerry recently reiterated that Washington welcomes Taipei's interests in joining the proposed Trans-Pacific Partnership (TPP), but noted that Taiwan needs to step up efforts on reforming its economy, according to the American Institute in Taiwan (AIT).
China has signed agreements worth US$7.8 billion with neighboring Myanmar, state media reported Saturday, as Beijing continues to assert its growing economic clout in Southeast Asia.
Saturday, November 15, 2014
Energy efficiency experts from the United States yesterday called on Taiwan's public and private sectors to invest in energy efficient policies, as the country is moving toward a variety of renewable energy options amid a wave of anti-nuclear power activism.
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Shares in Taiwan closed little changed Friday as bargain hunters turned active late in the session, picking up heavyweights in the electronics and financial sectors to help the broader market recoup earlier losses at the close, dealers said.
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.014 to end at NT$30.766 as the central bank took advantage of the weakness of the Japanese yen to push down the local currency and push up the greenback, dealers said.
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