Thursday, December 11, 2014
The Taiwan Futures Exchange (TAIFEX) has been performing better than expected with a 2014 trade volume of 150 million items up to late October, surpassing the total trade volume of the whole of 2013.
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.030 to close at NT$31.260 in the wake of the continued strength of other regional currencies, in particular the Japanese yen and the South Korean won, dealers said.
Wednesday, December 10, 2014
Taiwanese computer maker Acer Inc. (宏碁) launched its second octa-core smartphone in Taiwan Tuesday as part of an effort to be ranked among the top five smartphone vendors in its home market next year.
The central bank is likely to raise the interest rate in September 2015, later than the market's expectation, according to British banking company Barclays' economist Leong Wai Ho (梁偉豪).
Foreign investors last week switched to net oversell NT$9.17 billion-worth of local shares, compared with the net overbought position of NT$24.93 billion during the week of Nov. 24 to 28.
Shares in Taiwan pulled back Tuesday, extending losses from a session earlier, as investors took cues from a retreat on Wall Street overnight to cut their holdings in local shares, dealers said.
The U.S. dollar rose against the New Taiwan dollar Tuesday, gaining NT$0.005 to close at the day's high of NT$31.290 as local central bank intervention offset the impact from the strength of the Japanese yen, helping the greenback recoup its earlier losses, dealers said.
Tuesday, December 9, 2014
Taiwan Mobile Co. (台灣大哥大), the country's second-largest mobile provider, unveiled Monday its second generation of a near-field communication (NFC)-capable wristband aimed at keeping tabs on elderly citizens.
Taishin Financial Holding (台新金) encountered a major setback in yesterday's Chang Hwa Commercial Bank (彰化銀行) board election, losing management rights that will like result in a NT$14.8 billion loss.
The Industrial Technology Research Institute (ITRI) recently inked a patent and trademark licensing agreement with its spin-off FlexUP Technologies Corp. (宇威材料科技), aiming to develop flexible universal panel displays.