Thursday, July 24, 2014
The strong growth in Taiwan's vehicle sales and production has recently prompted a research firm to upgrade its full-year growth forecast to 8.5 percent, from the previous minus 1.8 percent.
Taiwan's main trade promotion body is expecting to “see good results” for Taiwanese exporters at the annual Expo Mariano Roque Alonso in Paraguay, which opened on July 12.
Bank of America Merrill Lynch kept its “buy” rating on shares of Taiwan Semiconductor Manufacturing Co. (TSMC,台積電), the world's largest contract chip-maker, despite fears the Taiwanese company may lose market share next year.
Taiwan's Acer Inc. (宏碁股份) replaced local rival Asustek Computer Inc. (華碩電腦) as the fourth-largest personal computer vendor in the Asia-Pacific region in the second quarter of 2014, according to research firm IDC.
Global stocks mostly rose Wednesday, bolstered by solid U.S. earnings and home sales as tensions between Russia and the West over Ukraine eased.
Companies that insure Detroit bonds and stand to lose millions repeated a pledge Tuesday to aggressively challenge the city's bankruptcy plan, a day after retirees endorsed pension cuts and qualified for a bailout led by the state.
The Sudanese man with an armful of battery-powered wall clocks pushes one through the taxi's open window. His head follows.
LG Display Co. said profit for the April-June quarter more than doubled as a stronger won reduced the value of its foreign debt and the World Cup boosted demand for ultra-high-definition TVs.
The euro touched multi-month lows against the dollar and yen on Wednesday as investors fret about the impact on the eurozone economy of possible fresh sanctions against Russia following the downing of Flight MH17.
The price of oil retreated to near US$102 per barrel on Wednesday amid a new push for a cease-fire between Israel and Palestine and after Europe imposed additional sanctions on Russia that fell short of a heavy hit.