Wednesday, May 20, 2015
Shares of Hon Hai Precision Industry Co. (鴻海) moved higher Tuesday morning, extending gains from a session earlier, as investors remained excited by the company's first quarter results announced over the weekend, dealers said.
Taiwan's ASUSTeK Computer Inc. (華碩) has released a successor to its low-cost ZenFone range in the United States to tap into the world's second-largest smartphone market after China.
Shares in Taiwan moved higher to close above the 9,700-point mark Tuesday as buying was triggered by a record high on Wall Street to lift large-cap stocks in both the electronics and financial sectors, dealers said.
Labels on packaged steaks and other cuts of red meat in the United States that say where the animals were born, raised and slaughtered will have to be dropped or revised after a World Trade Organization ruling Monday.
For Americans, there are cheaper vacations in Europe and lower-priced imports. A Chinese factory is selling fewer goods in Europe. A U.S. toymaker's exports are being squeezed. A German winery says overseas demand is up.
A federal appeals court has upheld a jury's finding that Samsung illegally copied some patented features in Apple's iPhone, but it sided with Samsung on one point that could reduce the US$930 million in damages the South Korean company had been ordered to pay.
Only a fourth of the world's workforce have stable contracts, leading to growing job insecurity, a U.N. report said Tuesday.
Anglo-Australian mining giant Rio Tinto and Mongolia agreed a multi-billion-U.S.-dollar expansion of a vast copper and gold mine, officials said Tuesday, ending a two-year dispute as Ulan Bator seeks to restore its foreign investor appeal.
Global stock markets were boosted Tuesday by Greece's declaration of progress in bailout talks and a new high on Wall Street as investors looked ahead to U.S. and European inflation data.
The euro was under pressure Tuesday after tumbling in U.S. trade on worries about the long-running talks between cash-strapped Greece and its creditors on reforming its bailout terms.