Saturday, May 25, 2013
U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and an increase in products that signal business investment.
The Directorate General of Budget, Accounting & Statistics (DGBAS) yesterday lowered its 2013 growth forecast for Taiwan by 1.19 percent to 2.4 percent, after the performance in the first quarter fell far below expectations
After filing its latest complaints with the U.S. International Trade Commission (ITC) and a federal court in the state of Delaware, Nokia said Friday it has filed two new complaints in San Diego district court against HTC and accused the company of infringing on nine of its patents.
Shares in Taiwan fell into consolidation mode Friday, after a steep drop in the previous session, as market sentiment remained cautious over the possibility of an early phasing out of the United States Federal Reserve's stimulus measures, dealers said.
Morgan Stanley has raised its rating of the Taiwan stock market to “equal weight” from “underweight,” according to a Bloomberg report.
Taiwan is likely to sign a service trade agreement with mainland China in June, Straits Exchange Foundation (SEF) Vice Chairman Kao Koong-lian said Friday.
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.005 to close at the day's high of NT$30.030 behind central bank intervention, dealers said.
Bosch generated sales of NT$3.4 billion in Taiwan in 2012, a 9.2-percent decrease compared to 2011, the company said recently.
Shares of TransAsia Airways, a midsized international carrier in Taiwan, rose sharply Friday morning on hopes that the airline will introduce a strategic investor through a stake disposal by one of its major shareholders, dealers said.
The eurozone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union plans, European Central Bank President Mario Draghi said on Thursday.