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Saturday, August 1, 2015
Taiwan's economy grew at its slowest pace in three years in April-June, data showed yesterday, hammered by a plunge in its key export sector and falling demand in China.
Falling oil prices and delayed business consumption have taken a toll on the manufacturing sector, the economic indicator of which flashed a depressed "blue" signal in June, according to a report released yesterday by the Taiwan Institute of Economic Research (TIER, 台灣經濟研究院).
Fashion retailer Zalora, with a new vision, returns to Taiwan
Asian online fashion retailer Zalora announced its return to Taiwan on Thursday, with company executives saying they are ready to make their mark in the country's multibillion-U.S.-dollar e-commerce arena.
Taiwan's meager economic growth from April to June has yet to hurt hiring sentiment in the third quarter, job banks said yesterday.
Shares of Far EasTone Telecommunications Co. (遠傳) moved higher Friday morning after it clinched a deal a day earlier in preparation to acquire a stake in Taiwan-based cable operator China Network Systems Co. (CNS, 中嘉網路), dealers said.
The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.081 to close at NT$31.682 as weaker-than-expected gross domestic product (GDP) growth hurt demand for the local currency, dealers said.
The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.081 to close at NT$31.682 as weaker-than-expected gross domestic product (GDP) growth hurt demand for the local currency, dealers said.
Shares in Taiwan got a boost from bargain hunting in the late trading session Friday, reversing earlier losses, while market sentiment remained wary of lower-than-expected gross domestic product (GDP) growth for the second quarter, dealers said.
MediaTek Inc. (聯發科), one of Taiwan's leading integrated circuit designers, saw its net profit for the second quarter of this year falling to a nine-quarter low due to the slow season effect.
Shares in Taiwan got a boost from bargain hunting in the late trading session Friday, reversing earlier losses, while market sentiment remained wary of lower-than-expected gross domestic product (GDP) growth for the second quarter, dealers said.
  
  
  
  
  
  
  
  
  
  
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