Thursday, October 30, 2014
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.022 to close at NT$30.376 as the local market steamed ahead, boosting demand for the local currency, dealers said.
Tuesday, October 28, 2014
Consumer confidence in Taiwan saw a minor decrease in October, according to a survey released Monday.
China Airlines (CAL), Taiwan's largest carrier, said Monday that it has launched code-share services with United States-based airline Virgin America to boost its flight network within the U.S.
Food industry stocks saw a pronounced across-the-board 4.5-percent decline during yesterday's session, with sector bellwether Uni-President (統一) shares opening at 7 percent below yesterday's closing shortly after the opening bell, while the weighted index on the Taiwan Stock Exchange lost 18.23 points to close at 8627.78 points on diminished turnover of NT$65.963 billion.
For its involvement in the tainted oil scandal, Ting Hsin International Group (頂新國際集團) should step down from the management position of Taipei 101, so as to maintain the Taipei landmark building's image, Finance Minister Chang Sheng-ford (張盛和) said yesterday.
Eleven countries and regions, mainly in Asia, have barred certain food products from Taiwan due to the current edible oil scandal, affecting NT$2.2 billion (US$72.4 million)-worth of exports, Economics Minister Duh Tyzz-jiun (杜紫軍) said Monday.
Siliconware Precision Industries Co. (SPIL, 矽品精密工業) on Monday reported earnings per share (EPS) of NT$1.04 for the third quarter, an increase of 48.57 percent year-on-year.
Shares in Taiwan closed 0.21 percent down at 8,627.78 while the U.S. dollar fell against the Taiwan dollar, shedding NT$0.01 to close at NT$30.403 on the Taipei forex Monday.
Taiwan's economy showed steady growth in September for the eighth consecutive month despite a cooking oil scandal that hurt consumer confidence, the country's economic planning body said Monday.
Monday, October 27, 2014
Taiwan's petrochemical industry is feeling the brunt of slowing growth in China amid adjustments to the economic structure there, experts said, cautioning that other sectors including Taiwan's semiconductor industry could also soon be overtaken by China's.