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Wednesday, August 26, 2015
CTBC founds Anti-Drug Educational Foundation
CTBC Bank (中國信託) yesterday announced the creation of the CTBC Anti-Drug Educational Foundation (中國信託反毒教育基金會), Taiwan's first corporate-backed anti-drug organization, in an effort to instill a drug-free environment in Taiwan.
Tuesday, August 25, 2015
Taiwan shares rebound, up over 200 points
Taipei - Taiwan shares staged a rebound Tuesday morning after recent heavy losses amid hopes the government will use the National Stabilization Fund to prop up the market and restore investor confidence, dealers said.
Cabinet rushes to lift TAIEX after biggest single-day drop on record
The Cabinet scrambled yesterday to lift shares after TAIEX reeled at the open and shed nearly 7.5 percent, or 583.5 points, within 90 minutes of trading to mark its biggest single-day drop on record.
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Taiwan's industrial automation suppliers are notable beneficiaries of an aggressive global push to upgrade manufacturing, according to research by a U.S.-based brokerage.
The Supreme Court ruled yesterday that a former senior director at Taiwan Semiconductor Manufacturing Company (TSMC, 台積電) cannot work for rival company Samsung in any way before the end of this year, over concerns about revealing trade secrets to the competitor.
With the help of GPS navigation, technology based on the Internet of Things (IOT), a self-driving car will no longer be a pipe dream, and there are many more possibilities, according to technology and management scholars.
A plunge on the local equity market in recent sessions posted massive losses for investors, market statistics showed . According to the data, equity investors in Taiwan have lost more than NT$200,000 on average so far this month.
Asustek Computer Inc. (華碩), a Taiwan-based PC vendor, said Saturday that it sold 12,000 units of its second generation ZenFone smartphone series in Brazil in just 20 hours after it was released there.
The unemployment rate in July dropped 0.2 percentage points from last year to 3.82 percent, the lowest for the month in 15 years, the Directorate General of Budget, Accounting and Statistics (DGBAS, 主計處) reported yesterday.
Solar energy shareholders expressed concern about the possible impact of the downturn in oil prices and the tumble that Taiwan stocks took yesterday on their industry, despite a broadly positive outlook among investors.
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