Copyright (c) 2007 The China Post All rights reserved. http://www.chinapost.com.tw/business Taiwan's leading English-language newspaper since 1952. The China Post Online is the leading online provider of news and business and entertainment information on Taiwan. Sat, 11 Feb 2012 02:50:00 +0800 zh-TW http://www.chinapost.com.tw/rss/images/china_post.gif http://www.chinapost.com.tw/business http://www.chinapost.com.tw/business/europe/2012/02/11/331301/Greece-strikes.htm (ChinaPost.com.tw) - The leader of a small partner in Greece's coalition government said Friday his party would vote against the latest round of austerity measures required for a massive new bailout deal — despite having backed the measures a day earlier. http://www.chinapost.com.tw/business/europe/2012/02/11/331301/Greece-strikes.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/asia-taiwan/2012/02/11/331276/4G-issue.htm (ChinaPost.com.tw) - The Taipei Telecom Applications Show kicked off yesterday, attracting throngs of visitors interested in the latest mobile operators have to offer. http://www.chinapost.com.tw/business/asia-taiwan/2012/02/11/331276/4G-issue.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/asia-china/2012/02/11/331266/China-reveals.htm (ChinaPost.com.tw) - China's trade activity fell in January from a year earlier, data showed Friday, as a domestic slowdown, overseas turmoil and factory closures during the Lunar New Year holiday hit demand. http://www.chinapost.com.tw/business/asia-china/2012/02/11/331266/China-reveals.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/11/331277/Taiwans-two.htm (ChinaPost.com.tw) - Taiwan's top two contract semiconductor manufacturers have reported mixed results for January. http://www.chinapost.com.tw/business/company-focus/2012/02/11/331277/Taiwans-two.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/asia/india/2012/02/11/331267/EU-pact.htm (ChinaPost.com.tw) - Efforts by India and the European Union to strengthen trade are threatening India's ability to deliver life-saving medicines to the world's poorest, analysts say as the two sides resume protracted negotiations on a free-trade pact. http://www.chinapost.com.tw/business/asia/india/2012/02/11/331267/EU-pact.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/11/331278/Mercuries-Life.htm (ChinaPost.com.tw) - Mercuries Life Insurance (MLI) was listed on Taiwan's emerging stock exchange at a price of NT$20 on Thursday, becoming the first insurer in Taiwan to get listed on the platform for emerging stock trading. http://www.chinapost.com.tw/business/company-focus/2012/02/11/331278/Mercuries-Life.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/americas/2012/02/11/331319/US-banks.htm (ChinaPost.com.tw) - Five big U.S. banks accused of abusive mortgage practices have agreed to a US$25 billion government settlement that may help roughly one million borrowers but is no magic bullet for the ailing housing market. http://www.chinapost.com.tw/business/americas/2012/02/11/331319/US-banks.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/americas/2012/02/11/331268/Revival-of.htm (ChinaPost.com.tw) - President Barack Obama is making a strong election-year push for an economic revival “built on American manufacturing.” But he faces an uphill slog, with little consensus even within his own party on how to do it. http://www.chinapost.com.tw/business/americas/2012/02/11/331268/Revival-of.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/asia-taiwan/2012/02/11/331279/Taiwan-shares.htm (ChinaPost.com.tw) - Taiwan share prices faced a mild pullback on technical factors yesterday after recent significant gains, as concerns over the debt crisis in Greece returned to haunt market sentiment, dealers said. http://www.chinapost.com.tw/business/asia-taiwan/2012/02/11/331279/Taiwan-shares.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/asia/australia/2012/02/11/331269/Central-bank.htm (ChinaPost.com.tw) - Australia's central bank Friday trimmed its growth and inflation forecasts for the year to June and signaled it has leeway to cut interest rates amid uncertainty over Europe's debt crisis. http://www.chinapost.com.tw/business/asia/australia/2012/02/11/331269/Central-bank.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/11/331280/Eastman-Kodak.htm (ChinaPost.com.tw) - Picture it: Except for a few disposable point-and-shoots, Kodak is exiting the camera business. http://www.chinapost.com.tw/business/company-focus/2012/02/11/331280/Eastman-Kodak.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/americas/2012/02/11/331270/US-wholesale.htm (ChinaPost.com.tw) - Wholesale businesses increased their stockpiles sharply in December although the gains are expected to slow in coming months, a development that could curb overall economic growth. http://www.chinapost.com.tw/business/americas/2012/02/11/331270/US-wholesale.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/asia-taiwan/2012/02/11/331281/Taiwans-first.htm (ChinaPost.com.tw) - Taiwan's first-ever souvenir show is scheduled to open in late April in an attempt to boost tourism and related industries, the organizers said yesterday. http://www.chinapost.com.tw/business/asia-taiwan/2012/02/11/331281/Taiwans-first.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/americas/2012/02/11/331271/US-housing.htm (ChinaPost.com.tw) - U.S. President Barack Obama said Thursday that a US$25 billion deal between the U.S. government and top mortgage lenders would turn the page of an “era of recklessness” and help responsible homeowners. http://www.chinapost.com.tw/business/americas/2012/02/11/331271/US-housing.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/11/331282/Memory-chip.htm (ChinaPost.com.tw) - Shares of memory chip maker Macronix International Co. Ltd. took a dive yesterday amid fears that the company will lose money in the first quarter due to weakening demand from its major customer — Japan-based Nintendo Co. — dealers said. http://www.chinapost.com.tw/business/company-focus/2012/02/11/331282/Memory-chip.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/11/331272/Two-key.htm (ChinaPost.com.tw) - Two of the architects behind Ford's remarkable turnaround are retiring, and their departures have intensified the guessing game over who will become the next CEO. http://www.chinapost.com.tw/business/company-focus/2012/02/11/331272/Two-key.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/11/331283/ASE-shipments.htm (ChinaPost.com.tw) - Advanced Semiconductor Engineering (ASE), a leading integrated circuit (IC) testing and packaging company, said shipments for the first quarter may drop by 6 to 9 percent from Q4 last year. http://www.chinapost.com.tw/business/company-focus/2012/02/11/331283/ASE-shipments.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/11/331273/NYSE-Euronext.htm (ChinaPost.com.tw) - NYSE Euronext says costs related to its collapsed merger with German stock market Deutsche Boerse caused a slump in fourth quarter earnings. http://www.chinapost.com.tw/business/company-focus/2012/02/11/331273/NYSE-Euronext.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/11/331284/Apple-poised.htm (ChinaPost.com.tw) - A news report says Apple plans to unveil a new iPad early next month. http://www.chinapost.com.tw/business/company-focus/2012/02/11/331284/Apple-poised.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/11/331274/Intel-agrees.htm (ChinaPost.com.tw) - Intel said Thursday it has agreed to pay US$6.5 million as part of an agreement ending an antitrust suit brought against the U.S. computer chip giant by the New York state attorney general. http://www.chinapost.com.tw/business/company-focus/2012/02/11/331274/Intel-agrees.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/11/331285/Court-rules.htm (ChinaPost.com.tw) - South Korea's Samsung Electronics can continue to sell its Galaxy Tab 10.1N tablet computer in Germany, a German court ruled Thursday, rejecting a bid by arch-rival Apple to have them banned. http://www.chinapost.com.tw/business/company-focus/2012/02/11/331285/Court-rules.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/asia-taiwan/2012/02/11/331286/US-dollar.htm (ChinaPost.com.tw) - The U.S. dollar rose against the Taiwan dollar yesterday, gaining NT$0.065 to close at NT$29.560. http://www.chinapost.com.tw/business/asia-taiwan/2012/02/11/331286/US-dollar.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/11/331275/Lehman-Brothers.htm (ChinaPost.com.tw) - Lehman Brothers Holdings Inc. is suing several units of Citigroup Inc. to recover US$2.5 billion it transferred to a backup account at Citi months before seeking bankruptcy court protection. http://www.chinapost.com.tw/business/company-focus/2012/02/11/331275/Lehman-Brothers.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/11/331287/GM-gets.htm (ChinaPost.com.tw) - General Motors Co. has won approval from environmental authorities in central China for a new US$1.1 billion assembly plant, though the company says it has not yet decided on the plan. http://www.chinapost.com.tw/business/company-focus/2012/02/11/331287/GM-gets.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/global-markets/2012/02/11/331237/Markets-decline.htm (ChinaPost.com.tw) - Stock markets fell Friday after Greece's crucial international bailout was put on hold by its partners in the 17-nation eurozone, a day after it seemed that the country's tortuous journey to pacifying its creditors had reached a conclusion. http://www.chinapost.com.tw/business/global-markets/2012/02/11/331237/Markets-decline.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/global-markets/2012/02/11/331238/IEA-lowers.htm (ChinaPost.com.tw) - The International Energy Agency (IEA) trimmed its forecast for oil demand growth because of gloomy economic prospects, but said on Friday that markets were taking tougher international sanctions on Iran in stride. http://www.chinapost.com.tw/business/global-markets/2012/02/11/331238/IEA-lowers.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/global-markets/2012/02/11/331239/Euro-softens.htm (ChinaPost.com.tw) - The euro softened against major currencies in Asian trade Friday after eurozone finance ministers put off a decision on a new bailout to save Greece from bankruptcy. http://www.chinapost.com.tw/business/global-markets/2012/02/11/331239/Euro-softens.htm Sat, 11 Feb 2012 00:03:00 +0800 http://www.chinapost.com.tw/business/europe/2012/02/10/331236/Euro-ministers.htm (ChinaPost.com.tw) - Hours after Greece made the unpopular decision to slash government spending in an attempt to ease its debt crisis, Germany's finance minister questioned Thursday whether the deal goes far enough to earn a crucial (euro) 130 billion (US$172 billion) bailout. http://www.chinapost.com.tw/business/europe/2012/02/10/331236/Euro-ministers.htm Fri, 10 Feb 2012 13:39:00 +0800 http://www.chinapost.com.tw/business/asia-taiwan/2012/02/10/331230/Worlds-second.htm (ChinaPost.com.tw) - The annual Computex Taipei, the world's second-largest computer trade show, will be held in early June on a bigger scale than ever before, according to the organizers. http://www.chinapost.com.tw/business/asia-taiwan/2012/02/10/331230/Worlds-second.htm Fri, 10 Feb 2012 12:43:00 +0800 http://www.chinapost.com.tw/business/asia-taiwan/2012/02/10/331228/Ministry-of.htm (ChinaPost.com.tw) - Taiwan's tax revenue totaled NT$1.7646 trillion last year, the highest ever, according to revised figures released by the Ministry of Finance yesterday. http://www.chinapost.com.tw/business/asia-taiwan/2012/02/10/331228/Ministry-of.htm Fri, 10 Feb 2012 12:42:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/10/331229/Quanta-Computer.htm (ChinaPost.com.tw) - Shares of Quanta Computer Inc. fell yesterday after the world's largest contract notebook computer manufacturer posted a sales decline in January from the previous month. http://www.chinapost.com.tw/business/company-focus/2012/02/10/331229/Quanta-Computer.htm Fri, 10 Feb 2012 12:42:00 +0800 http://www.chinapost.com.tw/business/asia-taiwan/2012/02/10/331226/US-dollar.htm (ChinaPost.com.tw) - The U.S. dollar fell against the Taiwan dollar yesterday, shedding NT$0.035 to close at NT$29.495. http://www.chinapost.com.tw/business/asia-taiwan/2012/02/10/331226/US-dollar.htm Fri, 10 Feb 2012 12:41:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/10/331227/MStar-meets.htm (ChinaPost.com.tw) - MStar Semiconductor, a leading local IC designer, yesterday reported fourth-quarter sales of NT$9.819 billion, a rise of 5.3 percent quarter-on-quarter. http://www.chinapost.com.tw/business/company-focus/2012/02/10/331227/MStar-meets.htm Fri, 10 Feb 2012 12:41:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/10/331225/Taiwan-Financial.htm (ChinaPost.com.tw) - The head of the Taiwan Financial Holdings Group recently expressed her hope for a successful 2012 and cited the three pillars that the group will base its operations on, namely restructuring, expansion, and diversification. http://www.chinapost.com.tw/business/company-focus/2012/02/10/331225/Taiwan-Financial.htm Fri, 10 Feb 2012 12:38:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/10/331224/Rolls-Royce-annual.htm (ChinaPost.com.tw) - Rolls-Royce, the British maker of aircraft engines, said Thursday that net profit jumped 57 percent to 850 million pounds (US$1.35 billion, 1.01 billion euros) last year, boosted by a record order book. http://www.chinapost.com.tw/business/company-focus/2012/02/10/331224/Rolls-Royce-annual.htm Fri, 10 Feb 2012 12:37:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/10/331222/Mercedes-helps.htm (ChinaPost.com.tw) - German automaker Daimler AG delivered forecast-busting fourth quarter earnings on Thursday as its flagship Mercedes business enjoyed buoyant sales in China and the United States. http://www.chinapost.com.tw/business/company-focus/2012/02/10/331222/Mercedes-helps.htm Fri, 10 Feb 2012 12:36:00 +0800 http://www.chinapost.com.tw/business/asia-taiwan/2012/02/10/331223/Zhongshan-Tucheng.htm (ChinaPost.com.tw) - Zhongshan District of Taipei and Tucheng District of New Taipei City saw the most home sales in January, a survey released by Taiwan Realty said yesterday. http://www.chinapost.com.tw/business/asia-taiwan/2012/02/10/331223/Zhongshan-Tucheng.htm Fri, 10 Feb 2012 12:36:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/10/331220/Lenovo-year-on-year.htm (ChinaPost.com.tw) - Lenovo Group Ltd., the world's second biggest personal computer maker, said Thursday that quarterly profit grew by more than half but warned hard drive costs would remain high amid a global shortage. http://www.chinapost.com.tw/business/company-focus/2012/02/10/331220/Lenovo-year-on-year.htm Fri, 10 Feb 2012 12:35:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/10/331221/Asusteks-share.htm (ChinaPost.com.tw) - Asustek Computer Inc., one of Taiwan's leading personal computer vendors, took a year-on-year higher share of the Western European PC market in the fourth quarter of 2011, according to market advisory firm Gartner. http://www.chinapost.com.tw/business/company-focus/2012/02/10/331221/Asusteks-share.htm Fri, 10 Feb 2012 12:35:00 +0800 http://www.chinapost.com.tw/business/asia-taiwan/2012/02/10/331219/TAIEX-rises.htm (ChinaPost.com.tw) - Taiwan share prices moved higher yesterday as foreign institutional investors kept moving funds into the local bourse with ample liquidity pushing the index past the 7,900 mark, dealers said. http://www.chinapost.com.tw/business/asia-taiwan/2012/02/10/331219/TAIEX-rises.htm Fri, 10 Feb 2012 12:34:00 +0800 http://www.chinapost.com.tw/business/company-focus/2012/02/10/331218/Largan-earnings.htm (ChinaPost.com.tw) - Handset camera lens maker Largan Precision Co. yesterday reported net profit of NT$5.198 billion last year, or earnings per share (EPS) of NT$38.75. http://www.chinapost.com.tw/business/company-focus/2012/02/10/331218/Largan-earnings.htm Fri, 10 Feb 2012 12:33:00 +0800