Friday, September 4, 2015
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.039 to close at NT$32.801 as Taiwan's central bank continued its intervention to vault the greenback back into positive territory by the close, dealers said.
Fuel prices in Taiwan are expected increase next week after a recent technical rebound in international crude oil prices, but concerns over a supply glut remained in place, market sources said Thursday.
Shares in Taiwan closed higher Thursday as investors were encouraged by a strong technical rebound on Wall Street overnight in the wake of a U.S. Federal Reserve report signaling optimism toward the U.S. economic climate, dealers said.
Taiwan-based Hon Hai Precision Industry Co. (鴻海), the world's largest contract electronics maker, is in talks with mainland Chinese smartphone brand OPPO to roll out smartphones in India, according to a report by India's Economic Times.
Three e-commerce events, namely Taiwan's first "eCommerce Expo Asia," the "Asia eCommerce Forum" and "eCommerce Business Day" will be combined together from Oct. 6-9 in Taipei, said the Taiwan External Trade Development Council (TAITRA, 外貿發展協會), yesterday.
Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa" or "K&S") has announced a new addition to its Advanced Packaging with Adaptive Machine Analytics (APAMA) series of highly adaptive thermo-compression (TC) bonders called the C2W (chip-to-wafer) bonder.
Thursday, September 3, 2015
The Taiwan Tour Bus (台灣觀巴) fleet has been upgraded to a smart-travel model by incorporating multi-language services, free Wi-Fi and an increase to more than 100 travel routes, the Tourism Bureau announced, yesterday.
The Financial Supervisory Commission (金管會) chairman had harsh words for the insurance industry yesterday, saying it was the worst offender in the financial sector that fails to prize innovation and instead competes with price-cutting.
Shares in Taiwan recovered from early losses on Wednesday to close above the 8,000-point mark, with the government apparently stepping in to limit the impact of an overnight fall on Wall Street caused by worries over mainland China's economy, dealers said.
The U.S. dollar rose against the New Taiwan dollar Wednesday, gaining NT$0.082 to close at NT$32.762, after Taiwan's central bank propped up the greenback late in the session, dealers said.