Tuesday, April 21, 2015
Taiwan's government-sponsored Industrial Technology Research Institute (ITRI, 工業研究院) is planning to set up 10 new innovation companies by the end of this year.
A record high in mainland yuan deposits taken by banks registered in Taiwan as of the end of March show optimism that the Chinese currency will appreciate against the U.S. dollar in the long run, analysts said.
Monday, April 20, 2015
Several foreign brokerages have raised their target prices on shares of Largan Precision Co. (大立光) after the smartphone camera lens supplier reported a higher-than-expected gross margin for the first quarter of this year.
Investors' sentiment toward the local economy has been affected by a slower pace of growth in the global economic recovery pushing down the April economic optimism index, according to Cathay Financial Holding Co. (國泰金控).
Sunday, April 19, 2015
Singaporean budget carrier Scoot announced Friday that it will launch non-stop flights to Kaohsiung three times a week beginning on July 9.
Taiwan Futures Exchange (Taifex, 臺灣期貨交易所) was awarded Financial Derivatives Exchange of the Year by the Asian Banker (亞洲銀行家) on April 15, and also invited to the Asian Banker Summit 2015's awards ceremony.
Saturday, April 18, 2015
Shares of Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip-maker, came under pressure Friday morning after the company on Thursday gave a worse-than-expected sales guidance for the second quarter, dealers said.
EVA Airways, one of Taiwan's leading international carriers, said Friday it is expanding its market base in North America by opening up new routes and increasing the number of flights on existing ones.1 Comment
The controversial Kuomintang- (KMT) proposed amendments to promote wage increases (加薪四法) for local workers, originally scheduled for a third reading at the Legislative Yuan yesterday, were met with opposition by business groups and recalled by the Legislative Yuan New Alliance (LYNA, 立院新聯盟).
Kuomintang (KMT) Legislator Wang Yu- min (王育敏) and the Taiwan SPCA, advocating the #BeCrueltyFree Taiwan campaign, launched a bill yesterday at the Legislative Yuan to ban animal testing of cosmetics in the country.1 Comment
Shares in Taiwan closed below the 9,600-point mark Friday as Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) took a beating after the world's largest contract chip-maker gave a cautious second-quarter sales forecast, dealerssaid.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.091 to close at NT$31.162 as the strength of other regional currencies helped boost the local unit throughout the session, dealers said.
Yang Ming Marine Transport Corp. (陽明海運), one of Taiwan's leading container shippers, said Friday that it will take delivery of 14 large-sized ships over the next two years, as it moves to expand its fleet of shipping vessels.
Friday, April 17, 2015
Taiwan's gross domestic product (GDP) is expected to grow 3.56 percent from a year earlier, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院), one of Taiwan's leading think tanks, said Thursday.