Saturday, August 16, 2014
Shares of Medigen Biotechnology Corp. (基亞生技) extended their losses Friday, falling by the maximum daily decline of 7 percent for the 15th consecutive trading session after its new liver cancer drug failed clinical trials, dealers said.
From Aug. 15-18, one can enjoy specialty coffees from Guatemala at the 2014 Culinary Fair, taking place in the Taipei Exhibition Center Hall 1.
Shares in Taiwan trended lower on thin turnover Friday as the local market remained in consolidation mode after recent heavy losses, dealers said.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.010 to close at NT$30.035 as other regional currencies extended their gains, which encouraged traders here to pick up the local currency, dealers said.
The use of smartphones for Internet connections is more extensive in Taiwan than in any other country in the world, according to the findings of a consumer survey released by Yahoo Inc. on Wednesday.
Friday, August 15, 2014
Leong Wai Ho (梁偉豪), a senior regional economist with Barclays yesterday stated that Taiwan's central bank is expected to raise interest rates in the fourth quarter of this year by 0.125 percent.
The Supreme Court yesterday abrogated the original judgment of Jeffrey Koo Jr.'s (辜仲亮) involvement in the “Red Fire case,” returning the case to the Taiwan High Court.
China Airlines (CAL, 中華航空), Taiwan's largest carrier, said yesterday that it will offer flights to Christchurch in New Zealand between Dec. 1, 2014 and Feb. 28, 2015 to meet higher travel demand at that time.
The latest adjustments of Taiwan's weighting in the MSCI indexes are not likely to adversely affect the local stock market, an analyst said Thursday.
Hua Nan Financial Holdings Co. (HNFC, 華南金控) yesterday held its earnings conference, reporting consolidated revenues of NT$6.305 billion, with their net income improving by 21 percent year-on-year to reach NT$6.305 billion over the first half of this year, yielding an earnings-per-share performance of NT$0.7 for the period.