Wednesday, December 11, 2013
Both industry leader Taiwan Semiconductor Manufacturing Co. (TSMC,台積電) and its smaller rival United Microelectronics Corp. (UMC,聯電) reported falling sales in November on Tuesday, with market analysts attributing the drop to a seasonal slow in the global semiconductor business.
China Development Financial (CDF, 開發金) yesterday denied that an acquisition deal and a joint venture are in the works.
Joseph Nye, a top global political scholar who coined the term “soft power,” was invited by NU SKIN to Taipei to give a keynote speech, in which he stressed the importance of applying soft power in the global information age.
The U.S. Treasury sold its last shares in General Motors on Monday, ending the dramatic rescue of the auto giant at the height of the financial crisis five years ago.
Struggling automaker Holden said Tuesday it needed long-term government support to remain in Australia, following a report that its U.S. parent General Motors had decided to close the unit's two plants in the country.
U.S. household net worth hit a record high in the third quarter as home prices marched up and the value of stocks and mutual funds surged, a hopeful sign for the economic recovery.
American Airlines emerged as the world's largest airline Monday, combining with US Airways after a hard-fought battle to overcome U.S. competition concerns.
Valiant Holding AG has become the first Swiss bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.
EU labor ministers gave initial approval on Monday to tougher rules on employing cheap temporary workers from eastern Europe and elsewhere, responding to political unease at a time of record joblessness.
A French commercial court ruled on Monday that e-cigarettes qualify as tobacco products and should only be sold by registered tobacconists.