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Tuesday, September 23, 2014
The ticket prices for the Taiwan High Speed Rail (THSR) will “definitely drop” after a legislative review in November, Deputy Transportation Minister Chen Chien-yu (陳建宇) pledged Monday at the Legislature amid public dissatisfaction over bullet train fares.
Taiwan's average real earnings registered at NT$47,953 between January and July, which was lower than the level 15 years ago, according to a report released by the Directorate General of Budget, Accounting and Statistics (DGBAS, 主計處) yesterday.
 > Taiwan
Apple broke its sales record for an opening weekend of a new iPhone model, delivering 10 million in the first three days and boasting it could have sold more if it had them.
Sources familiar with the semiconductor foundry sector yesterday downplayed rumors in the market suggesting that prospects may significantly dip for 12-inch wafer manufacturers in the fourth quarter.
 > Taiwan
Samsung Electronics Co., which faces a slowdown in emerging market smartphone sales, will release its long-delayed Tizen-powered handset in India before the end of this year, a report said Monday.
Taiwan's export orders for all of 2014 will hit a record high of more than US$450 billion because of strong demand in China during its National Day holiday in October and the Christmas shopping season, an economic official predicted Monday.
 > Taiwan
A recent decision by Japan's Toshiba Corp. to exit certain consumer laptop markets is likely to benefit Taiwan's Asustek Computer Inc. (華碩) because of their similar product positions, according to brokerage Morgan Stanley.
 > Taiwan
Air France pilots on Monday rejected a last-ditch management attempt to end the longest strike at the airline since 1998 that is costing up to 20 million euros (US$25.7 million) every day.
Britain's Royal Mint on Monday launched an online gold and silver coin trading service and said purchases could be stored under 24-hour military protection in its vault or delivered to your door.
Gov't to pump over NT$70 billion into market
Liquidity pumped into the local stock market is expected to hit over NT$70 billion before elections in November, revealed Finance Minister Chang Sheng-ford (張盛和) on Monday.
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