Wednesday, July 30, 2014
Shares in Taiwan closed lower Tuesday, extending losses from a session earlier, as the bellwether electronics sector continued a downtrend, with investors pocketing recent gains, dealers said.
Far Glory Life Insurance Co. (遠雄人壽) on Monday reported earnings per share (EPS) of NT$2.87 and a NT$3.67-billion net income for June, a sizeable 128-percent sequential growth, placing third and fourth among its peers in Taiwan.
Chunghwa Telecom Co. (中華電信), Taiwan's largest wireless carrier, said Tuesday it plans to boost its share in the country's fourth-generation (4G) mobile broadband market to 40 percent in two years, given the high market potential.
President Ma Ying-jeou (馬英九) expressed the hope Tuesday that the number of subscribers to Taiwan's fourth-generation (4G) mobile broadband services will increase at a faster pace than projected by a government plan for the sector's expansion.
Tuesday, July 29, 2014
On the final day of the National Conference on Economic and Trade Affairs (經貿國是會議), President Ma Ying-jeou underscored the need for the ruling party and the opposition to work together for the sake of Taiwan's economic future.
Taiwan has strongly condemned Chinese obstruction at an academic conference in Portugal and said it has hurt cross-Taiwan Strait relations.
National Development Council (NDC) Minister Kuan Chung-ming (管中閔) yesterday said as the Taiwanese grow concerned over cross-strait trade progress, the NDC will strengthen national security risk management, publish a “cross-strait risk red book” annually and establish an evaluation system of China's influence on Taiwan's politics and economics.
The Ministry of National Defense (MND) yesterday confirmed that the former head of Taiwan's Defense Mission in the United States had failed to pass a required polygraph test.