Saturday, December 21, 2013
Kaohsiung City's Environmental Protection Bureau (EPB) yesterday ordered Advanced Semiconductor Engineering Inc. (ASE, 日月光) to stop operations at one of its facilities.
The U.S. economy grew at its fastest pace in almost two years in the third quarter while business spending was stronger than previously estimated, pointing to some underlying strength that should be sustained.
Computer chip manufacturer ASMedia Technology Inc (祥碩科技), a subsidiary of ASUSTek Computer, Inc. (華碩電腦), yesterday proclaimed that the speed of its Universal Serial Bus (USB) 3.0 product development was faster than that of rival VIA Technologies, Inc. (威盛電子), a subsidiary of VIA Labs, Inc. (威鋒電子) by three months, and that its advantage therefore proves there is no reason for the company to utilize VIA's circuit diagram.
As of the end of November, the number of foreign workers employed in Taiwan was tallied at 484,367 persons, up by nearly 40,000 from figures recorded last year, according to a latest update published by the Council of Labor Affairs yesterday.
President Ma Ying-jeou expressed hope Friday that Taiwan and the European Union can soon achieve a breakthrough in economic cooperation.
Cuba announced Thursday it will ease restrictions on car imports for the first time in half a century, marking the end of an era that made icons of the island's vintage automobiles.
Hon Hai Precision Industry (鴻海精密) Chairman Terry Gou (郭台銘) recently expressed his moderate confidence that the group will continue its 15-percent sales growth for 2014, a growth which amounts to NT$600 billion.
In aiming to allay recent concerns over the issuance of “Formosa bonds,” the Financial Supervisory Commission (FSC, 金管會) yesterday provided a lengthy report to the media, saying that Taiwan's economy and enterprises stand to gain more benefits than harm from the instrument.
The Taiwan dollar faces downward pressure against the U.S. dollar on expectations that foreign investors will move funds out of Asia after the U.S. Federal Reserve announced a gradual exit from quantitative easing, analysts said Friday.
Insurance carrier Taiwan Life (台灣人壽) yesterday called an extraordinary general meeting, with the company's board announcing to shareholders that it has approved plans to be acquired by and merged into CTBC Financial Holding Co. (CTBC, 中國信託人壽).