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Tuesday, April 22, 2014
Morgan Stanley has maintained estimates of a sizeable drop in worldwide laptop shipments from major original design manufacturers (ODMs) in Taiwan during the second quarter, according to the Central News Agency (CNA).
Worldwide shipments of smartphones showed better growth than expected in the first quarter of the year on demand from China and other emerging markets, according to a local market information advisory firm.
Taiwan Stock Exchange (TWSE) indicated that foreign institutional investors (FINIs) last week overbought NT$22.42 billion-worth of local shares during the week of April 14 to 18, a 4.72-percent increase from the previous week.
Shares in Taiwan edged lower in thin trading Monday amid cautious sentiment, while the U.S. dollar rose against the Taiwan dollar Monday, gaining NT$0.038 to close at the day's high of NT$30.268.
On Monday, the financial regulator approved CTBC Financial Holdings' (中信金控) US$890 million acquisition of Taiwan Life Insurance (台灣人壽), a deal expected to help CTBC diversify beyond the island's crowded banking market.
Monday, April 21, 2014
The Spring/Summer 2014 edition of Taipei IN Style (TIS) culminated in large-scale runway shows and seminars and is expected to bring in more than US$8 million in business.
Shares of Taiwan Life Insurance Co. (台灣人壽) took a beating Thursday morning amid fears that a buyout deal in which CTBC Financial Holding Co. (中信金控) will acquire the life insurer is going to fall apart, dealers said.
Saturday, April 19, 2014
Securities companies operating in Taiwan posted a total of NT$8.25 billion in net income for the first quarter, a 75-percent increase year-on-year, in line with Taiwan's strengthening stock market.
The government is expected to hike the housing tax to cool down surging realty prices, and local realtors and builders have cast doubts on the new policy.
Local property stocks underperformed against the broader market Friday to close down amid fears that Taipei was developing new measures to curb the constant climb of housing prices in the city, dealers said.
  
  
  
  
  
  
  
  
  
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