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Friday, December 26, 2014
Taiwanese smartphone maker HTC Corp. (宏達電) said it will release a series of accessories for its RE “lifestyle camera” in the first quarter of next year to attract more people, particularly young women, to its product line.
The construction sector slowed in November, the third consecutive month of decline according to a report released yesterday by the Taiwan Institute of Economic Research (TIER, 台經院).
Shares in Taiwan closed lower Thursday in thin trade as many foreign institutional investors stayed out of trading on Christmas Day, dragging down daily turnover, dealers said.
The Financial Supervisory Commission (FSC, 金管會), the top financial regulator in Taiwan, is considering relaxing sales rules for Chinese yuan-denominated bonds, or “ Formosa bonds,” in the Taiwan market.
Shares of Everlight Electronics Co. (億光), one of Taiwan's leading LED lighting and product suppliers, moved higher Thursday morning after the company announced a day earlier that it will invest NT$30 billion (US$943 million) over the next few years to expand production.
Taiwan -- THSR ticket prices may go down: MOTC
If the Taiwan High Speed Rail Corp. (THSRC) financial restructuring plan is approved Monday at the Legislative Yuan, train tickets are likely to go back to 2013 prices by the end of January, according to Minister of Transportation and Communications (MOTC) Yeh Kuang-shih (葉匡時).
The U.S. dollar fell against the Taiwan dollar Thursday, shedding NT$0.062 to close at NT$31.753 as the local currency staged a technical rebound from its latest slump.
Thursday, December 25, 2014
Taiwan -- Zhongxiao bus lane to be demolished: Ko
Taipei Mayor Ko Wen-je (柯文哲) announced yesterday, that the widely criticized Zhongxiao West Road Bus Priority Lane will be demolished.
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The Ministry of Labor's pension fund, which uses a diverse assortment of investment strategies, has earned a cumulative profit of NT$146.1 billion, with a profit growth of 6.05 percent as of the end of November; the month of November alone marked a new high in profits, as the fund raked in NT$35.8 billion in a single month.
The Democratic Progressive Party (DPP) will decide next Wednesday whether to run its own candidate in the Miaoli by-elections against independent candidate Chen Wei-ting (陳為廷).
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