International Edition

Thursday

May, 5, 2016

Breaking News, World News and Taiwan News.
About Us
Subscribe
Advertise
Contact Us
 
 
Taiwan Topics
  Analysis    Arts & Leisure    
  China-Taiwan Relations    Foreign Affairs    
  Local    National    Foreign Community    
 
 
Taiwan > Business
A European brokerage has lowered its target for the Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX) on the main board for 2016 to 8,800 points from the previous 9,000 points, citing concerns over listed companies' profitability.
 
The Taiwan Institute of Economic Research (TIER), one of the country's leading think tanks, said Thursday that as economic fundamentals remain weak, an index that gauges manufacturing activity flashed a blue light for the 12th consecutive month in March.
 
Sharp Corp. is planning to lay off about 1,000 employees as part of its efforts to strengthen its financial structure after the loss-incurring Japanese firm inked an agreement to sell a majority stake to Taiwan's Hon Hai Precision Industry Co. earlier this month, according to a news report.
 
When investors borrow securities for a short sale purpose, they can spend more than they had previously anticipated, according to the Taiwan Stock Exchange (TWSE).
 
New gov't energy targets 'very, very, very' challenging
Premier Simon Chang (張善政) said yesterday it would prove "very, very, very challenging" for President-elect Tsai Ing-wen to meet the renewable energy targets she set during the presidential campaign.
 
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.002 to close at the day's high of NT$32.281 as intervention by Taiwan's central bank helped the U.S. currency recoup its earlier losses, dealers said.
 
Shares in Taiwan took another beating, falling more than 1 percent to end below 8,400 points Friday after a plunge seen a session earlier as investors were motivated by steep declines on Wall Street overnight to unload large-cap stocks, dealers said.
 
Domestic gasoline and diesel prices are expected to move higher next week as international crude oil prices have been rebounding amid a weaker U.S. dollar, market sources said Friday.
 
Taiwan's gross domestic product (GDP) fell short of the government's forecast in the first quarter, registering minus 0.84 percent year-on-year growth, according to government figures released Friday.
 
Three companies listed on Taiwan's stock exchange will hold investor conferences in May as part of a Taiwan Stock Exchange Corp. (TWSE) initiative to boost transparency by having listed enterprises face investors and disclose information.
 
Calendar  
  
1   2   3   4   5   6   7   8   9   10    <   Prev    Next   >
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search