Friday, July 3, 2015
Swiss brokerage firm UBS Securities cut its annual target again within a month Thursday for the Taiwan stock exchange's benchmark index, the TAIEX, from 10,000 to 9,750 points due to potential risk to earnings.
Shares in Taiwan closed little changed Thursday as the market failed to overcome the nearest technical resistance ahead of 9,400 points, giving up most of its earlier gains by the close, dealers said.
Wednesday, July 1, 2015
The Finance Ministry (財政部) said yesterday that Taiwan is not subject to Article 3.3 of the Asian Infrastructure Investment Bank's (AIIB, 亞投行) founding document, which places restrictions on membership applicants without sovereignty.
A Taiwanese businessman who opened a shoe factory in mainland China is allegedly being detained in his own home by his Chinese business partners after a business dispute got out of hand.
Taiwan's dependence on China as a production base has grown in recent years, with the percentage of Taiwan's export orders made in China or Hong Kong rising nearly 4 percentage points over the past five years, according to the latest statistics.
Amid growing concern over the Greece debt crisis, Taiwan shares on Tuesday gained 86.92 points to close at 9,323.02 points.
The Taiwan Stock Exchange Corporation (TWSE, 台灣證券交易所) officially launched its Taiwan Corporate Governance 100 Index on June 29.
The E-Commerce Expo Asia 2015, which will be held on Oct. 6 to 9 at Taipei Nangang Exhibition Center, will mark Taiwan's debut venture into the international B2B2C e-commerce fairs, and has earned wide acclaim from both nationwide and foreign e-commerce enterprises.
Acer Inc. (宏碁) plans to expand the workforce of its cloud business five-fold in the future as the Taiwanese computer maker transforms itself into a provider of software and services, the company's founder said Tuesday.
The 2015 Taipei International Food Show (Food Taipei, 台北國際食品展) came to a successful end on Saturday, June 27. The five-in-one food expo incorporates Food Taipei, Taipei International Food Processing and Pharma.