Wednesday, September 24, 2014
Shares in Taiwan closed lower Tuesday, extending losses from dampened market sentiment on large foreign institutional selling a session earlier and a falling Wall Street overnight, dealers said.
Taiwan and China should work together to seize a larger share of the global e-commerce market, trade promoters from the two countries urged Tuesday.
The U.S. dollar rose against the Taiwan dollar Tuesday, gaining NT$0.011 to close at NT$30.240 as further institutional selling in the local market dampened demand for the local currency, dealers said.
Tuesday, September 23, 2014
Taiwan's average real earnings registered at NT$47,953 between January and July, which was lower than the level 15 years ago, according to a report released by the Directorate General of Budget, Accounting and Statistics (DGBAS, 主計處) yesterday.1 Comment
Sources familiar with the semiconductor foundry sector yesterday downplayed rumors in the market suggesting that prospects may significantly dip for 12-inch wafer manufacturers in the fourth quarter.
Taiwan's export orders for all of 2014 will hit a record high of more than US$450 billion because of strong demand in China during its National Day holiday in October and the Christmas shopping season, an economic official predicted Monday.
A recent decision by Japan's Toshiba Corp. to exit certain consumer laptop markets is likely to benefit Taiwan's Asustek Computer Inc. (華碩) because of their similar product positions, according to brokerage Morgan Stanley.
Monday, September 22, 2014
It took longer to close property deals in Taiwan's major municipalities over the past three months because of a planned reform on how gains on the sale of some types of property are taxed, according to a real-estate brokerage.
Delta Electronics Inc., one of Taiwan's leading power management system providers, has been named a constituent of the prestigious Dow Jones Sustainability Index (DJSI) series in 2014.
The MediaTek-based Android One smartphone rose to the top of the “Bestsellers in Electronics” list on Amazon India's online shopping website just days after it was launched, according to Chinese-language paper Commercial Times.