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Friday, April 18, 2014
Taiwan -- Chip maker TSMC first-quarter net profit up 6.8%
Taiwan Semiconductor Manufacturing Co. (TSMC,台積電), the world's largest contract chip maker, has posted a sequential 6.8-percent increase in net profit for the first quarter of this year on the back of solid demand for chips made using its high-end technology process.
DHL recently announced a pick-up and cut-off time extension for outbound shipments to the U.S., enabling it to offer customers in central and southern Taiwan an additional time of up to 2.5 hours for shipment preparation.
The U.S. dollar rose against the New Taiwan dollar yesterday, gaining NT$0.02 to close at the day's high of NT$30.221 after the U.S. currency recouped earlier losses on the back of the local central bank's intervention, dealers said.
Taiwan -- Undersupply forecast for global LCD market
The global market for liquid crystal display (LCD) panels will see a supply shortage because of higher demand for large television panels, the Central News Agency (CNA) yesterday cited a local analyst as saying.
es in Taiwan closed higher yesterday in the wake of gains posted on Wall Street overnight, amid eased fears that the U.S. Federal Reserve will hike interest rates sooner than the market has expected, dealers said.
Thursday, April 17, 2014
Beijing reiterated its insistence yesterday that a service trade agreement with Taiwan be kept intact and implemented as is amid widespread opposition to the pact in Taiwan and suggestions that parts of it be renegotiated.
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The Supreme Court yesterday finalized former Navy Captain Kuo Li-heng's (郭力恆) verdict, ruling that Kuo should serve 15 years in prison, pay a fine of NT$200 million and return NT$10.4 billion in illegal income to the country over the procurement of Lafayette-class frigates from France in the 1990s.
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President Ma Ying-jeou said yesterday that he is prepared to engage in a debate with the Democratic Progressive Party (DPP) leadership anytime over the Cross-Strait Trade in Services Agreement.
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A Wednesday luncheon in Yunnan Province between top Taiwanese and Chinese negotiators closed without discussion of the stalled trade-in-services pact, an apparent indication that concerns in Taiwan over the pact have not hampered cross-strait exchanges, a spokesman said later in the day.
The New Taipei City Government said yesterday that it was prevented from conducting land grading for the planned indigenous cultural area in Sanxia (三峽) by occupants of public land who demanded NT$120 billion for “land improvement” as well as “management and maintenance.”
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