Wednesday, January 28, 2015
The Dow fell more than 350 points in early trade Tuesday following several disappointing earnings reports from big companies and a surprising drop in durable goods orders.
Orders for long-lasting manufactured goods dropped sharply in December, dragged lower by a big decline in demand for commercial aircraft.
Facebook was back online shortly after 3 p.m. Tuesday after a nervous 50 minutes that left social media users in Taiwan confused and isolated from their online community.
Xiaomi Corp., China's leading smartphone company by domestic shipments, gave an ambitious sales target Tuesday for its wearable device in Taiwan this year amid brisk sales so far.
WikiLeaks on Monday criticized Google for failing to swiftly inform the secrets-spilling group about U.S. search warrants issued seeking emails and other personal information from three of its staff.
The economic monitoring indicator flashed yellow-blue in December, representing a transitional economy, ending 10 months of a green signal, which represents a stable economy, said a National Development Council (NDC) report.
The latest government figures show that mainland Chinese investors bought only 45 properties valued at a total of NT$820 million last year, seven fewer than the year before.
Shares in Taiwan closed higher Tuesday, extending the market's winning streak to six sessions for the first time since December 2013, on the strength of buying by foreign institutional investors.
Taiwan's HTC Corp. (宏達電) is moving beyond its smartphone business and into the home entertainment sector after reaching an agreement with three professional online gaming teams to promote its brand image.
The market capitalization of Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract manufacturer of computer chips, continued to rise to a record high of NT$3.78 trillion on Tuesday due to strong foreign institutional buying.