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Monday, April 21, 2014
The Spring/Summer 2014 edition of Taipei IN Style (TIS) culminated in large-scale runway shows and seminars and is expected to bring in more than US$8 million in business.
Shares of Taiwan Life Insurance Co. (台灣人壽) took a beating Thursday morning amid fears that a buyout deal in which CTBC Financial Holding Co. (中信金控) will acquire the life insurer is going to fall apart, dealers said.
Saturday, April 19, 2014
Securities companies operating in Taiwan posted a total of NT$8.25 billion in net income for the first quarter, a 75-percent increase year-on-year, in line with Taiwan's strengthening stock market.
The government is expected to hike the housing tax to cool down surging realty prices, and local realtors and builders have cast doubts on the new policy.
Local property stocks underperformed against the broader market Friday to close down amid fears that Taipei was developing new measures to curb the constant climb of housing prices in the city, dealers said.
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.009 to close at the day's high of NT$30.230 as the local central bank picked up the greenback to help the currency recoup earlier losses, dealers said.
Friday, April 18, 2014
Chip maker TSMC first-quarter net profit up 6.8%
Taiwan Semiconductor Manufacturing Co. (TSMC,台積電), the world's largest contract chip maker, has posted a sequential 6.8-percent increase in net profit for the first quarter of this year on the back of solid demand for chips made using its high-end technology process.
DHL recently announced a pick-up and cut-off time extension for outbound shipments to the U.S., enabling it to offer customers in central and southern Taiwan an additional time of up to 2.5 hours for shipment preparation.
The U.S. dollar rose against the New Taiwan dollar yesterday, gaining NT$0.02 to close at the day's high of NT$30.221 after the U.S. currency recouped earlier losses on the back of the local central bank's intervention, dealers said.
Undersupply forecast for global LCD market
The global market for liquid crystal display (LCD) panels will see a supply shortage because of higher demand for large television panels, the Central News Agency (CNA) yesterday cited a local analyst as saying.
  
  
  
  
  
  
  
  
  
  
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