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Saturday, October 18, 2014
The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.011 to close at NT$30.421, as foreign investors moved their funds out of the country, pushing up demand for the U.S. currency, dealers said.
Shares in Taiwan, and especially high-tech heavyweights, took a beating Friday amid investor fears of volatility in global equity markets and lingering food safety concerns at home, dealers said.
A department store yesterday announced brisk sales on its annual promotional discount, as consumers load up kitchen and cooking products during its annual promotional sales drive season that kicked off on Thursday.
Friday, October 17, 2014
Taiwan's HTC Corp. (宏達電) unveiled the Nexus 9 tablet computer in the United States Wednesday, the first tablet running on Google Inc.'s latest Android 5.0 operating system, codenamed Lollipop.
Following in the steps of local peers, Shinkong Life Insurance (新光人壽) is poised to increase its investments in commercial real estate markets in major cities across Vietnam, Myanmar, mainland China and elsewhere.
As more Asian insurers increase capital deployment to the global real estate market in the next five years, Taiwanese and mainland Chinese insurance giants are expected to be more active given the dull market at home.
Taiwan -- TSMC's third-quarter net profit hits record high of NT$76.34 bil.
Taiwan Semiconductor Manufacturing Co. (TSMC,台灣積體電路), the world's largest contract chip-maker, on Thursday reported a record high net profit for the third quarter of the year, citing strong demand for communications devices and products for industrial use.
Shares in Taiwan recovered most of their earlier losses Thursday as bargain hunters turned active by buying into select high-tech stocks after a recent sell-off, dealers said.
The U.S. dollar fell against the New Taiwan dollar Thursday, shedding NT$0.010 to close at NT$30.410 as Washington's disappointing economic data prompted traders here to cut their greenback holdings, dealers said.
Advanced Semiconductor Engineering Inc. (ASE, 日月光半導體) has decided to issue overseas convertible bonds worth up to US$400 million, a move market analysts say is aimed at developing high-end technology to maintain its global lead.
  
  
  
  
  
  
  
  
  
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