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Friday, April 10, 2015
Shares in Taiwan closed little changed Thursday as investors locked in their early gains in the bellwether electronics sector, which helped push the broader market into negative territory by the end of the session, dealers said.
Shares of Advanced Semiconductor Engineering Inc. (ASE, 日月光) got a boost from a new investment plan indicating that the integrated circuit packaging and testing services provider remains upbeat about future market demand, dealers said.
Cheng Uei Precision Industry Co. (正崴) and Quanta Computer Inc. (廣達), suppliers of the Apple Watch, have reason to smile as stocks are soaring in anticipation of the Apple Watch's preorder set to begin today.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.005 to close at NT$31.231 as the local central bank intervened to push the U.S. unit back into positive territory, dealers said.
MediaTek Inc. (聯發科), one of Taiwan's leading integrated circuit designers, reported Thursday that it had attained its sales target for the first quarter of the year, largely on the back of a sharp increase in its March revenues.
An Indian court on Thursday convicted the former chief of outsourcing giant Satyam and his aides over a US$2.25 billion accounting fraud scandal dubbed "India's Enron," the prosecutor said.
Asian commodity trading giant Noble Group hit back Thursday after U.S. short-seller Muddy Waters accused the firm of existing "solely to borrow and burn cash," in an attack that saw its shares dive.
Thursday, April 9, 2015
Taiwan's Consumer Confidence Index (CCI) in the first quarter of the year was the second-highest among the four areas in the Greater China region that also include mainland China, Macau and Hong Kong, according to a joint university study on consumer confidence in the region.
Economics Minister John Deng (鄧振中) confirmed that he met with Indonesian Industry Minister Saleh Husin in Taipei when the latter visited the island in March.
Wednesday, April 8, 2015
As department stores make adjustment to floor layout and introduce new restaurant brands, their sales are likely to reach NT$320 billion this year, which is a new record, according to the Ministry of Economic Affairs (MOEA).
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