Tuesday, October 6, 2015
Fair Friend Group (友嘉), which is participating at the EMO Milano 2015 exhibition, astounded the world by stating its plan to acquire Germany's 143-year-old machine tool manufacturer Wohlenberg.
At the end of the year, Taiwan may have the chance to join talks to become a second-round member of the Trans-Pacific Partnership (TPP), Legislative Speaker Wang Jyn-ping (王金平) said in Taipei yesterday.
Shares in Taiwan closed moderately higher in thin trading yesterday, with the bellwether electronics sector slightly underperforming the overall market.
Taiwanese contract laptop maker Inventec Corp. (英葉達) is working to begin production in Indonesia and India for major mobile phone customer, Xiaomi Inc. (小米) of China, as part of an overseas manufacturing contract.
Minister of Finance Chang Sheng-ford said Monday that his ministry is considering lowering taxes to revive the economy, once such a step would not compromise the country's financial integrity.
The majority of office workers in Taiwan are under stress, with work being the biggest source of their pressure, according to a survey released Monday by an online job broker.
The Taiwan Stock Exchange (TWSE) announced yesterday that the securities net overbought position by foreign investors was NT$1.92 billion during the week of Sep. 30-Oct. 2. This represented the difference between NT$100.56 billion securities bought and NT$98.64 billion securities sold.
American Apparel, the troubled chain that boasts of "Made in the USA" fashions, filed for voluntary bankruptcy protection early on Monday on the back of a growing list of woes.
Former U.S. Federal Reserve Chairman Ben Bernanke says some Wall Street executives should have gone to jail for their roles in the financial crisis that gripped the country in 2008 and triggered the Great Recession.
Eurozone economic activity slowed more than first thought in September, a key business survey showed on Monday, adding to concerns over the outlook.