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Friday, July 25, 2014
Shares in Taiwan closed 0.29 percent higher at 9,527.54 as the financial sector attracted rotational buying while the U.S. dollar gained NT$0.017 to close at the day's high of NT$30.052.
Thursday, July 24, 2014
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.
With typhoon in town, department stores open late
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.
The strong growth in Taiwan's vehicle sales and production has recently prompted a research firm to upgrade its full-year growth forecast to 8.5 percent, from the previous minus 1.8 percent.
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Bank of America Merrill Lynch kept its “buy” rating on shares of Taiwan Semiconductor Manufacturing Co. (TSMC,台積電), the world's largest contract chip-maker, despite fears the Taiwanese company may lose market share next year.
Taiwan's Acer Inc. (宏碁股份) replaced local rival Asustek Computer Inc. (華碩電腦) as the fourth-largest personal computer vendor in the Asia-Pacific region in the second quarter of 2014, according to research firm IDC.
Wednesday, July 23, 2014
ROCCOC chairman aims for local housing prices to be set by market
Lai Cheng-yi (賴正鎰), chairman of the General Chamber of Commerce of the R.O.C. (ROCCOC, 商總), yesterday urged the government to allow Taiwan's housing prices to be determined by the mechanisms of the free market and cease suppressive policies designed to curb rampantly rising prices, at a conference event yesterday in Taipei.
Unemployment drops to 3.92%, lowest in 14 years
Taiwan's unemployment rate dropped to 3.92 percent in June, the lowest rate it has been in the same period in the past 14 years, according to a report released by the Directorate-General of Budget, Accounting and Statistics (DGBAS) yesterday.
Taiwan-based OBI Pharma (浩鼎生技) announced Monday that its phase 2/3 stage clinical trial for a therapy for metastatic breast cancer, designated OBI-822, has met the goal of collecting 342 patients.
TPCA releases industry white paper announcing new plans
The Taiwan Printed Circuit Association (TPCA, 台灣電路板協會) yesterday released its white paper outlining plans to propel annual output values to above the NT$1.15 trillion benchmark across the domestic printed circuit board (PCB) industry by 2020.
  
  
  
  
  
  
  
  
  
  
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