Thursday, December 12, 2013
Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) closed higher Wednesday as investors shrugged off a more-than 14-percent month-on-month decline in consolidated sales for November, dealers said.
Helen Qiao, Greater China chief economist at Morgan Stanley, yesterday stated that interest rates in Taiwan are expected to trend upwards toward the end of next year.
Wayi International Digital Entertainment (華義國際), a listed company that specializes in online gaming, announced yesterday that its online store would start taking bitcoins as a form of payment next year.
Propelled by Google's announcement of its intent to double its investments in Taiwan to US$600 million, shares of computing server module makers mounted spirited rallies during yesterday's trading.
Shares in Taiwan closed lower Wednesday amid renewed concerns over the global economy as investors feared that a budget cut in the U.S. will have an impact on the already fragile economic recovery, dealers said.
Google Inc. said Wednesday it will double its original planned investment of US$300 million in a data center in central Taiwan to US$600 million.
Eyeing the demand for cash by individuals and small- to medium-sized businesses (SMBs) during the Lunar New Year, DBS Taiwan has recently commenced its annual “Red Envelope Loan” (紅包貸) service.
The U.S. dollar rose against the Taiwan dollar Wednesday, gaining NT$0.005 to close at the day's high of NT$29.640 as the local central bank's continued intervention helped the greenback recoup its earlier losses, dealers said.
Wednesday, December 11, 2013
Shares of Taiwan-based Advanced Semiconductor Engineering Inc. (ASE) took a beating early yesterday after one of its plants was shut down on environmental concerns, but strong sales numbers helped the stock rebound later in the session, dealers said.