Thursday, July 24, 2014
Apple quarterly profit climbed with strong demand for iPhones, particularly in China where the California company's revenue surged.
Operations of Taiwanese tire makers will not be adversely impacted by the U.S. duties probe into tires imported from China since those companies can diffuse risk by allocating orders to factories elsewhere, local media said.
While the labor unions of state-owned banks consider staging a strike, the Financial Supervisory Commission (FSC) warn that state-owned banks are obliged to provide non-stop financial services according to regulations.
Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed US$1 share price for money-market mutual funds — at least for some money funds used by big investors.
McDonald's Tuesday said profit slipped in the second quarter amid fairly flat global sales as it pledged to take action against any wrongdoing in an Asian food safety scare.
British drugmaker GlaxoSmithKline (GSK) on Wednesday slashed its 2014 profits forecast as second-quarter earnings sank on the back of weak U.S. trade, adverse currency moves and a Chinese bribery probe.
The Chinese-made smartphone Redmi Note (紅米Note) was recently revealed by a Hong Kong cellphone forum to automatically connect to a mainland Chinese server unbeknownst to users, prompting various concerns regarding personal information being leaked to the communist government.
Brokerage CLSA Ltd. has raised its price target for shares of industrial computer supplier Advantech Co. (研華科技) to NT$270 (US$9.02) from NT$210 after the company forged a robotics alliance with machine tool manufacturer Hiwin Technologies Corp. (上銀科技).
Local business revenues totaled NT$1.2337 trillion in June, representing a 4.1-percent growth, and marked the 10th consecutive month of growth, according to a report released by the Ministry of Economic Affairs (MOEA) yesterday.
Most department stores in Taiwan decided to open their doors a few hours later than normal on Wednesday as many parts of the island were still feeling the effects of Typhoon Matmo.