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Friday, July 31, 2015
The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year.
Total construction volume of presale and new homes contracted 30.04 percent to NT$272.2 billion in the second quarter from the same period last year on uncertainty over demand due to property tax revision, a developer said yesterday.
 > Taiwan
The Special Investigation Division (SID, 特偵組) yesterday concluded its investigation of Singfor Life Insurance Co. (幸福人壽) and indicted the company's former chairmen Eric Teng (鄧文聰) and Huang Cheng-i (黃正一) for hallowing out over US$400 million in company assets.
 > Taiwan
Shares in Taiwan staged a technical rebound Thursday from recent losses, as bargain hunters turned active to pick up heavyweight stocks in both the financial and electronics sectors, dealers said.
 > Taiwan
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.078 to close at NT$31.601 as Taiwan's central bank continued its intervention to help the greenback recoup its early losses, dealers said.
 > Taiwan
Intel Corp., the world's largest chip-maker, will issue bonds in Taiwan in a bid to finance an acquisition of U.S.-based programmable logic semiconductor supplier Altera, the Taipei Exchange (TPEx) said Thursday.
 > Taiwan
Shares of United Microelectronics Corp. (UMC, 聯電) moved higher Thursday morning after the second-largest contract chip-maker in Taiwan announced a share buyback program a session earlier to support its share price, dealers said.
 > Taiwan
South Korean giant Samsung Electronics posted an 8.0 percent fall in second-quarter net profit Thursday and promised "flexible" pricing of its new flagship smartphone after less than stellar sales contributed to a slump in its mobile unit's earnings.
Aluminum-sided Ford F-150 gets mixed crash test results
Ford's new aluminum-sided F-150 pickup saw mixed results in new crash tests by the insurance industry, and the damaged trucks cost more to repair than steel-bodied ones.
Facebook is attracting advertising dollars to where its users are -- on mobile devices.
  
  
  
  
  
  
  
  
  
  
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