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Tuesday, March 31, 2015
The recent reports that Apple Inc. is facing major issues with the production of its smartwatch may affect the share price of Taiwanese contract electronics maker Quanta Computer Inc. (廣達), according to a European brokerage.
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip-maker, last week suffered the largest foreign institutional net sell among the stocks listed on the main board, the Taiwan Stock Exchange (TWSE, 證交所) said Monday.
Taiwan's Civil Aeronautics Administration (CAA) on Monday launched stricter cockpit safety regulations to prevent tragedies like Germanwings Flight 9525, whose co-pilot appeared to have crashed the jet into mountains on purpose, killing all 150 onboard.
The Criminal Investigation Bureau (CIB, 刑事警察局) and local prosecutors are investigating a Greater Kaohsiung health clinic for selling a controlled substance without a prescription.
Deputy Finance Minister Wu Tang-chieh (吳當傑) said on Monday that he thinks “Chinese Taipei” would be an appropriate appellation for Taiwan in the Asian Infrastructure Investment Bank (AIIB), a China-initiated lender that will offer financing for regional infrastructure projects.
Taiwan's manufacturing turnover rose by an annual 3.5 percent in 2014 to the highest annual level ever, but investment in fixed assets dropped 0.8 percent, according to statistics published on Monday by the Ministry of Economic Affairs (MOEA).
Opposition lawmakers yesterday said President Ma Ying-jeou made a unilateral decision to promote Taiwan's entry to the Beijing-led Asian Infrastructure Investment Bank (AIIB).
Shares in Taiwan staged a mild technical rebound Monday after Wall Street stopped a four-session losing streak at the end of last week, dealers said.
The U.S. dollar rose against the New Taiwan dollar Monday, gaining NT$0.005 to close at NT$31.380 as the local central bank's buying helped the greenback recover from its losses earlier in the session, dealers said.
The Taiwan branch of Microsoft Corp. opened a cloud solution laboratory Monday designed to help enterprises set up and run Internet of Things (IoT)-style systems with its integrated Azure cloud services.
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