The number of workers on furlough in Taiwan has dropped by 25 percent to 1,177 in the past two weeks, according to statistics released by the Council of Labor Affairs yesterday.

Taiwan's central bank is unlikely to adjust interest rates in the short term even in the face of a weakening Japanese yen, according to Australia and New Zealand Banking Group Ltd. (ANZ).

HTC Corp. said Thursday that its production capacity for its new HTC One flagship phone is rising sharply month by month as its component supply issues continue to improve.

The first stock gains tax review meeting was held yesterday evening, and the review team produced a new tax version which removes the 8,500-point market barrier and charges 0.1 percent on transactions over NT$1 billion.

Shares in Taiwan closed above the 8,300-point mark Wednesday on futures-led buying as foreign institutional investors pushed the spot market higher to add value to their futures holdings, dealers said.

Taiwan's HTC Corp. fell out of the world'stop 10 smartphone makers in the first quarter as the company's sales continued to slide, tech tracking firm Gartner Inc. said in a report.

EVA Airways Corp. announced yesterday that it will increase its flights to Paris and Vienna to four from the current three per week from May 16 and Sept. 2, respectively.

Taiwan Power Company (Taipower, 台灣電力公司) said yesterday that if the scheduled price hike does not occur in October, the company will lose an additional NT$13.7 billion, totaling a NT$70 billion loss for the year, said Taipower spokesman Roger Lee (李鴻洲),.

Shares in Taiwan closed flat Tuesday, with investors locking in the gains posted early in the session amid fears of an imminent major pullback as the index moves closer to 8,300 points, dealers said.

Quanta Computer (廣達), one of Taiwan's leading computer manufacturers, yesterday announced its first-quarter results, reporting net income of NT$4.454 billion, the lowest in 9 quarters.