Wednesday, October 7, 2015
Tseng Ming-chung (曾銘宗), chairman of the Financial Supervisory Commission (FSC), said Tuesday that a legal maneuver by IC packager Advanced Semiconductor Engineering Inc. (ASE, 日月光) against a rival is unlikely to affect Taiwan's broader equity market.
The U.S. dollar fell against the New Taiwan dollar Tuesday, shedding NT$0.065 to close at NT$32.937 amid rising optimism that the U.S. Federal Reserve is in no hurry to kick off an interest rate hike cycle, dealers said.
Shares in Taiwan closed higher Tuesday, with the index still off an earlier high, ending below the 8,400-point mark while turnover remained moderate, failing to give a significant boost to the market, dealers said.
A local research institute revealed Taiwan's first locally developed metal 3D printing system Tuesday, saying that it hopes to spread the technology into the aerospace and defense industries.
Google's new parent company hit the stock market on Monday with an inked credo to "Do the right thing" -- a spin on the founding principle "Don't be evil."
The U.S. Justice Department and five U.S. states on Monday announced a US$20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.
The owner of the Los Angeles Times, Chicago Tribune and other newspapers is offering buyouts to employees.
U.S.-based DuPont Co. on Monday announced that CEO and Chairwoman Ellen Kullman, who earlier this year fought off a bruising challenge from a major activist investor, will retire at the end of next week.
Volkswagen says 8 million cars in the European Union are affected by an investigation into whether the automaker manipulated emissions tests, according to a letter received Monday by German lawmakers.
General Mills is recalling 1.8 million boxes of Cheerios and Honey Nut Cheerios produced at a plant in Lodi, California, saying the cereal is labeled gluten-free but actually contains wheat.