Wednesday, October 7, 2015
Tseng Ming-chung (曾銘宗), chairman of the Financial Supervisory Commission (FSC), said Tuesday that a legal maneuver by IC packager Advanced Semiconductor Engineering Inc. (ASE, 日月光) against a rival is unlikely to affect Taiwan's broader equity market.
The U.S. dollar fell against the New Taiwan dollar Tuesday, shedding NT$0.065 to close at NT$32.937 amid rising optimism that the U.S. Federal Reserve is in no hurry to kick off an interest rate hike cycle, dealers said.
Shares in Taiwan closed higher Tuesday, with the index still off an earlier high, ending below the 8,400-point mark while turnover remained moderate, failing to give a significant boost to the market, dealers said.
A local research institute revealed Taiwan's first locally developed metal 3D printing system Tuesday, saying that it hopes to spread the technology into the aerospace and defense industries.
Tuesday, October 6, 2015
Fair Friend Group (友嘉), which is participating at the EMO Milano 2015 exhibition, astounded the world by stating its plan to acquire Germany's 143-year-old machine tool manufacturer Wohlenberg.
At the end of the year, Taiwan may have the chance to join talks to become a second-round member of the Trans-Pacific Partnership (TPP), Legislative Speaker Wang Jyn-ping (王金平) said in Taipei yesterday.
Shares in Taiwan closed moderately higher in thin trading yesterday, with the bellwether electronics sector slightly underperforming the overall market.
Taiwanese contract laptop maker Inventec Corp. (英葉達) is working to begin production in Indonesia and India for major mobile phone customer, Xiaomi Inc. (小米) of China, as part of an overseas manufacturing contract.
Minister of Finance Chang Sheng-ford said Monday that his ministry is considering lowering taxes to revive the economy, once such a step would not compromise the country's financial integrity.
The majority of office workers in Taiwan are under stress, with work being the biggest source of their pressure, according to a survey released Monday by an online job broker.