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Tuesday, September 16, 2014
According to a recent report by Deutsche Bank AG, TSMC (台積電) is poised to command more than 70 percent of the global market for 28-nanometer and 32-nanometer semiconductor fabrication, as the Taiwan-based sector bellwether commences mass production of its high-performance 28-nanometer variant (HPC) designed to power low- and mid-tier mobile devices.
DBS Group recently said that mainland China's policymakers need to continue financial market reform and liberalize the capital account as they aggressively promote the international use of its currency, the renminbi (RMB).
Aiming at the younger demographic, Chunghwa Telecom (CHT, 中華電信) recently announced three student-specific post-paid service plans for its fourth-generation (4G) long term evolution (LTE) service.
Taiwan shares closed down 5.72 points, or 0.06 percent, at 9,217.46 while the greenback gained NT$0.038 to close at the day's high of NT$30.106 in Taipei on Monday
British bank Barclays PLC on Monday advised investors to hold on to their cumulative preferred stocks in Apple Inc.'s supply chain in Taiwan, citing strong demand for iPhones with bigger screens.
Shoe retailer Shui-Mu lists on Taiwan Stock Exchange
Shui-Mu International Co. (阿瘦實業), which markets the A.S.O. brand of shoes (阿瘦皮鞋) in Taiwan, began trading its shares on the Taiwan Stock Exchange (台灣證券交易所) Monday.
The surprisingly slow global economic recovery was the cue for local economists to drastically cut their forecasts for Singapore's export performance this year.
Hong Kong rethinks rules after Alibaba IPO loss
Alibaba's choice of New York over Hong Kong for its blockbuster IPO was a blow for the Chinese financial center. Now, the city's stock market is starting to rethink rules that stopped it from accommodating the Chinese e-commerce giant's unique management setup.
Electronic money is being used more and more often since the consumption tax hike in April, as consumers seek to reduce the amount of small coins in their wallets and take advantage of point services.
Apple's ambitious mobile payment service Apple Pay may need some time to see any success in South Korea's growing mobile payment market due to iPhone's low penetration rate, the difficulty of building partnerships with local firms and security issues. Meanwhile, Kakao, which recently launched its new Kakao Pay is expected to reign for the time being, according to market watchers.
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