Wednesday, April 9, 2014
Advanced Semiconductor Engineering Group (ASE, 日月光) and AU Optronics (AUO, 友達) yesterday announced their performance results for March and the first quarter of this year, with both companies recording month-on-month improvements of 22.3 percent and 20.7 percent respectively.
Official data showed that the securities net overbought position by foreign investors was NT$36.45 billion during the week of March 31-April 3, increasing 15.45 percent or NT$4.88 billion from a week earlier.
Taiwan's trade outlook remains positive as the economy of China, the country's top trade partner, will likely bottom out and global recovery is on track, foreign banks said Tuesday.
China Development Financial Holding Corporation's (中華開發金控) NT$23 billion (US$763 million) acquisition of Cosmos Bank (萬泰銀行) was approved by the two institutions' shareholders Tuesday.
Taiwan Stock Exchange closed up 11.81 points, or 0.13 percent, at 8,888.25 after moving between 8,860.70 and 8,899.12 on turnover of NT$91.18 billion (US$3.01 billion).
Despite the central bank's effort to curb the appreciation of the New Taiwan dollar (TWD), the local unit on Tuesday gained NT$0.05 to close at an over three-month high of NT$30.27 against the greenback.
Tuesday, April 8, 2014
Taipei City Deputy Mayor Chang Chin-e (張金鶚) hosted a press conference yesterday on behalf of the Taipei City Government to report to the public the current status of the Pre-Sale Houses Inspection program, disclosing a high rate of violations.
Propelled by strong March sales results, HTC (宏達電) yesterday mounted a spirited rally, gaining NT$5.5, or 3.57 percent, to close at NT$159.5.
Yahoo Taiwan Holdings launched a mobile news application Monday that combines its popular Web-based features such as a viewer rating system for each news story.
Everlight Electronics (億光), Epistar Corp. (晶元) and other light emitting diode (LED) suppliers recently have seen strong orders growth, triggered by order pull-in from both Taiwan and mainland China's TV customers.