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Saturday, November 29, 2014
Taipei City's Department of Environmental Protection yesterday gave away NT$1 million in prize money during a lottery draw to a citizen for his efforts to save electricity.
Citibank Taiwan (花旗) yesterday announced that more than NT$100 billion of foreign capital is expected to be attracted into the local equity market, following the regulators' approval for domestic com to issue level 1 American depositary receipt (ADR).
Caught in a trade war between mainland China and the United States, most local solar cell makers saw their third-quarter bottom lines slip into negative territories as Chinese panel customers turned around seek, cheaper home-made cells.
Share prices of local airlines and shipping companies took flight in heavy trading Friday morning on the back of a plunge in international crude oil prices overnight after the Organization of the Petroleum Exporting Countries (OPEC) announced that it will leave oil production levels unchanged, dealers said.
Taiwanese manufacturers in China have become less willing to step up investments in China, with the growth of investments in Taiwan outpaced those in China for the first time for years.
The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.088 to close at the day's high of NT$31.053 in reflection of the greenback's strength against other currencies in the region, dealers said.
Shares in Taiwan closed higher Friday but turnover remained thin amid lingering cautious sentiment ahead of Taiwan's local government elections on Saturday, dealers said.
Friday, November 28, 2014
Taiwan -- Lien egged in last hours of campaign
Kuomintang (KMT) Taipei Mayoral candidate Sean Lien (連勝文) was egged by onlookers yesterday as he and his election team “swept the streets” and continued their efforts to garner votes.
Taiwan -- Formosa Plastics co-founder Wang Yung-tsai dies at 93
Wang Yung-tsai (王永在), Formosa Plastics Group (FPG) co-founder as well as the youngest brother of late FPG founder Wang Yung-ching (王永慶), died in peace at the age of 93 yesterday, according to an announcement from the company.
Taiwan -- 175 charged with election-related offenses
A spokesperson of the Supreme Prosecutors Office (SPO) yesterday said that 175 suspects involved in crimes surrounding the 9-in-1 Elections will soon appear in court.
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