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Sunday, July 19, 2015
A net buy of shares of Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) hit the highest among the listed companies on the main board Friday after its investor conference sparked optimism toward the chip-maker's development in advanced technology, according to the Taiwan Stock Exchange (TWSE).
Saturday, July 18, 2015
Starting next year, mandatory energy conservation will be imposed on the textile industry, saving the nation 39,600 kiloliters of oil equivalent per year, the Ministry of Economic Affairs (MOEA, 經濟部) said.
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Global notebook shipments are projected to fall 9.7 percent this year, which is expected to affect Taiwan's contract manufacturers, said DIGITIMES Research on Friday.
Fuel prices in Taiwan are expected to stay unchanged next week reflecting mixed international crude oil prices as traders were still assessing the impact from a nuclear deal inked between Iran and the six powers led by the United States, market sources said Friday.
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.002 to close at NT$31.312 after the central bank continued its efforts to prop up the greenback and help the currency recoup all of its earlier losses, dealers said.
Exports of Taiwanese mangoes more than doubled in the first half of 2015, a senior agriculture official said Friday, describing the growth as an indication of the fruit's continued popularity in overseas markets.
World Bank president Jim Yong Kim denied Friday that his organization had been pressured by China to remove criticism of the country's financial system from a report.
Samsung conglomerate wins approval for important merger after bitter fight
South Korea's dominant Samsung conglomerate -- run by the country's wealthiest family -- secured shareholder approval Friday for the crucial merger of two affiliates, seeing off a formidable challenge from investor activists led by a combative U.S. hedge fund.
North Korea's economy expanded an estimated 1.0 percent in 2014 -- the fourth consecutive year of positive growth, South Korea's central bank said Friday.
The Chinese joint venture between Fiat Chrysler Automobiles and the Guangzhou Automobile Group has announced plans to create a news sales company as it expands its SUV production in China.
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