Wednesday, November 19, 2014
The U.S. dollar rose against the New Taiwan dollar Tuesday, gaining NT$0.036 to close at the day's high of NT$30.775 after consolidating in moderate trading, dealers said.
Tuesday, November 18, 2014
While some attributed the local stock market's subpar performance yesterday to the newly launched Shanghai-Hong Kong Stock Connect, institutional investors and government officials played down the new platform's impact on Taiwan.
U.S. brokerage Morgan Stanley slightly reduced its estimates for fourth-quarter global notebook computer shipments Monday, reflecting a cautious view from top contract makers in a traditional low season for consumer electronics.
Monday, November 17, 2014
Online music streaming service Spotify is planning to expand the free tier of its service to mobile device owners in Taiwan in an attempt to broaden its potential base of listeners.
Taiwan plans to open links with several major equity markets to offset a potential threat from a stock link mechanism between Shanghai and Hong Kong that is set to open on Monday.
Taiwan is expected to report a new record high in export orders for October because of rising demand for mobile devices, in particular smartphones, the Ministry of Economic Affairs (MOEA) said Saturday.
Sunday, November 16, 2014
Hon Hai Group Chairman Terry Gou yesterday expressed worries over the damage to Taiwan's economy resulting from delays in signing trade agreements with mainland China, saying the nation is losing its appeal to foreign investors.
The output value of Taiwan's semiconductor sector is expected to rise more than 16 percent in 2014, according to the industry research group Industrial Economics and Knowledge Center (IEK, 工研院).
The Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院), one of Taiwan's leading think tanks, said Saturday that Taiwan is faced with pressing threats and could lose its share in the global market due to the upcoming signing of the China-South Korea free trade agreement(FTA).
Largan Precision Co. (大立光), one of Taiwan's leading smartphone camera lens supplier, ranked as the top earner in the local bourse in terms of earnings per share (EPS) in the third quarter of this year as the company got a boost from an increase in orders from Apple Inc., the China Time reported Saturday.