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October, 27, 2016

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Taiwan High Speed Rail Corp. (THSR) has settled on an issue price for its Oct. 27 main board listing of NT$15.13 (US$0.48), underwriter Fubon Security said on Thursday.
The U.S. dollar rose against the New Taiwan dollar on Thursday, gaining NT$0.131 to close at NT$31.760 as the weakness of regional currencies placed downward pressure on the local currency throughout the session, dealers said.
Giant, the world's largest bicycle manufacturer, has announced a recall of almost 680,000 bicycles from the mainland China market.
Taiwan Hardware Show
Taichung Mayor Lin Chia-lung (fifth from right) arrives at the opening ceremony of the 2016 Taiwan Hardware Show at the Greater Taichung International Expo Center on Wednesday, Oct. 12.
Hot merchandise
Four water bottles that failed to pass safety standards are displayed at a Food and Drug Administration (FDA) press conference on Wednesday, Oct. 12.
Inotera Memories Inc. (華亞科), a Taiwan-based DRAM chip-maker, said Tuesday that it has scheduled a stock market delisting from the local main board for Dec. 6 after completing a deal in which its U.S. counterpart, Micron Technology Inc., will acquire the Taiwanese firm.
Troubled airline
TransAsia Airways Vice President Lin Lei (林磊) talks about flight safety improvements the troubled airline had made since a string of plane crashes at its Taipei headquarters on Wednesday, Oct. 12. The Aviation Safety Council (ASC) previously concluded the airline's two crashes -- the Penghu flight crash in 2014 and the Nangang incident in 2015 -- were caused by human error.
Samsung halts exchanges of  explosive Note 7 in Taiwan
South Korean smartphone brand Samsung Electronics Co. said Tuesday that it has stopped exchanges of its latest phablet -- the Galaxy Note 7 -- for new devices in Taiwan after several of the replacement devices exploded around the world.
eCommerce Expo Asia reaps fruitful results
The second eCommerce Expo Asia saw the attendance of 66 enterprises over 145 booths and drew a total of 9,000 domestic and international buyers and industry members, according to organizers.
Shares on the Taiwan Stock Exchange (TWSE) closed lower on Tuesday as investors took advantage of earlier gains to cut their holdings for profits, with the weighted index breaching the 9,300 point mark at one point, dealers said.
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