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July, 25, 2016

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Business > Asia
Asian markets rallied again on Wednesday with investors taking heart from another record close on Wall Street and talk of central bank stimulus, while China released better than expected export figures for June.
 
After a series of service extensions, the First Nuclear Power Plant in Shimen, New Taipei City will be retired on schedule, Vice Economics Minister Yang Wei-fu (楊偉甫) confirmed Wednesday.
 
Shipments of personal computers made by two Taiwan-based brands, Asustek Computer Inc. (華碩) and Acer Inc. (宏碁), increased in the second quarter of the year despite a year-on-year drop in global shipments, according to market information advisory firm Gartner.
 
FAT contract dispute
A Far Eastern Air Transport (FAT) plane is seen in the air in this undated photo provided by the Taiwan-based airline. FAT has disclosed that it would take legal action against U.S.-based Air Lease Corporation (ALC) over a contract dispute.
 
The yen pared some of its losses Wednesday as a Japanese official doused speculation that Tokyo was mulling so-called helicopter money to boost growth.
 
Taiwan Semiconductor Manufacturing Corp. (TSMC, 台積電), the world's largest contract chip-maker, on Wednesday denied reports that it was considering going public on China's stock market.
 
Taiwan-based smartphone brand HTC Corp.'s (宏達電) stock price rebounded to over NT$100 after sales of HTC Vive got traction in the Japanese market, joining the Taiwan Stock Exchange's surge recently.
 
The Financial Supervisory Commission (FSC, 金管會) said that almost 5,000 automatic teller machines (ATMs), identical to the model used by First Commercial Bank (第一銀行) targeted by thieves over the weekend, have been installed islandwide.
 
The government's "new southbound policy" shifted into high gear today as ranking officers from 10 Southeast Asian countries gathered at an ASEAN investment forum held by the Economics Ministry to promote foreign investment by Taiwanese firms.
 
Asus ZenFone 3, Deluxe and Ultra rolling out in Taiwan market
Taiwan-based tech giant Asus (華碩) on Tuesday launched its ZenFone 3, the first of three models in that smartphone series, in Taiwan, Hong Kong and Macau.
 
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