Friday, July 31, 2015
Total construction volume of presale and new homes contracted 30.04 percent to NT$272.2 billion in the second quarter from the same period last year on uncertainty over demand due to property tax revision, a developer said yesterday.
The Special Investigation Division (SID, 特偵組) yesterday concluded its investigation of Singfor Life Insurance Co. (幸福人壽) and indicted the company's former chairmen Eric Teng (鄧文聰) and Huang Cheng-i (黃正一) for hallowing out over US$400 million in company assets.
Shares in Taiwan staged a technical rebound Thursday from recent losses, as bargain hunters turned active to pick up heavyweight stocks in both the financial and electronics sectors, dealers said.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.078 to close at NT$31.601 as Taiwan's central bank continued its intervention to help the greenback recoup its early losses, dealers said.
Intel Corp., the world's largest chip-maker, will issue bonds in Taiwan in a bid to finance an acquisition of U.S.-based programmable logic semiconductor supplier Altera, the Taipei Exchange (TPEx) said Thursday.
Shares of United Microelectronics Corp. (UMC, 聯電) moved higher Thursday morning after the second-largest contract chip-maker in Taiwan announced a share buyback program a session earlier to support its share price, dealers said.
Thursday, July 30, 2015
The Ministry of Economic Affairs (MOEA, 經濟部) said yesterday it plans to boost export volume in the second half of 2015 to make up a shortfall from the first.
Taiwan's financial institutions should expand their presence in other Asian markets, including India, Indonesia, the Philippines, Vietnam and Myanmar, all big markets that that have tremendous potential for development, Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung said Wednesday.
A Taiwanese real estate firm said it has seen buyer interest climb after the passage of the consolidated housing and land tax on June 5.
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.052 to close at NT$31.523 as the local currency followed its regional counterparts, staging a technical rebound, dealers said.