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Tuesday, August 25, 2015
Taiwan External Trade Development Council (TAITRA, 外協), Taiwan's main trade promotion body, signed an agreement with the Rhode Island Commerce Corporation yesterday to deepen cooperation in trade and investment development.
American depositary receipts (ADRs) of Taiwan-based integrated circuit packaging and testing services provider Precision Industries Co. jumped on Wall Street overnight in the wake of an acquisition plan proposed by Taiwanese rival Advanced Semiconductor Engineering Inc. (ASE, 日月光).
Fresh college graduates' salaries are lower than their expectations, with many even having trouble just making ends meet, according to a survey issued on Monday.
Taiwan could not escape the panic that gripped global stock markets on Monday, as the Taiwan stock exchange's benchmark index plunged nearly 5 percent on heavy turnover.
Monday, August 24, 2015
Record stock market plunge seen during Monday session
Taipei - The main index of the Taiwan Stock Exchange posted a record plunge of 583.5 points during the Monday session on the heels of the weekend Wall Street tumble amid fears of a worsening world economy and steep falls in the global market.
Taipei - Taiwan's unemployment rate in July hit 3.82 percent, up by 0.11 percentage points from June but down by 0.20 percentage points from a year earlier, the Directorate General of Budget, Accounting and Statistics (DGBAS) reported Monday.
In an attempt to stabilize Taiwan's equity market, the Financial Supervisory Commission (FSC, 金管會) announced that starting today, short selling of stocks below the closing prices of the previous business day will not be permitted.
Taiwan Water Corporation (TWC, 台灣自來水公司) recently held the first part of its recruitment exam -- a written test on Aug. 15 in Taipei (台北), Taichung (台中), Kaohsiung (高雄) and Hualien (花蓮). According to TWC, it aims to recruit 151 people from the 5,077 applicants who entered the exam. The average admission rate is 2.97-percent and the written test score will be announced on Sept. 14.
Sunday, August 23, 2015
The heavy losses suffered by U.S. stock markets last week are expected to accelerate the fall on Taiwan's markets, local analysts said yesterday.
The local semiconductor sector served as a driver to sales growth for Taiwan's science-based parks, helping the major high-tech production bases here achieve a record high in revenue in the first half of this year, according to the Ministry of Science and Technology (MOST).
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