FINANCE

GigaMedia Announces First-Quarter 2012 Financial Results

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TAIPEI, Taiwan, May 17, 2012 /PRNewswire-Asia/ — GigaMedia Limited (NASDAQ: GIGM) today announced its unaudited financial results for the first quarter of 2012."We made good progress in the first … (continue…) Related items GigaMedia to Report First-Quarter 2012 Financial Results on May 17 GigaMedia to Report Fourth-Quarter and Full-Year 2011 Financial Results on March...

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ChipMOS REPORTS FIRST QUARTER 2012 RESULTS

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HSINCHU, Taiwan, May 18, 2012 /PRNewswire-Asia-FirstCall/ — ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (Nasdaq: IMOS) today reported unaudited consolidated financial … (continue…) Related items ChipMOS REPORTS MARCH 2012 AND 1Q12 REVENUE ChipMOS REPORTS FEBRUARY 2012 REVENUE ChipMOS SCHEDULES FOURTH QUARTER 2011 FINANCIAL RESULTS CONFERENCE CALL ChipMOS SCHEDULES FIRST QUARTER 2012 FINANCIAL RESULTS...

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Asia stocks rise after Greece sets election date

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Asian stocks were mostly higher Thursday as markets adjusted to Greece's possible exit from the euro common currency and traders hunted for bargains after sharp selling in recent days. (continue…) Related items Asia stocks gain slightly on Fed's low rate pledge Asia Stocks, Oil Rise as Fed Signals Low Rates; Won Strengthens Asian stocks...

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Taiwan president fined for Facebook post

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Ma, who won re-election to a second term earlier this year, was on Wednesday ordered to pay T$500,000 (US$16,666) by the island's Central Election Commission for posting a message to his Facebook campaign page on the day of the election. (continue…) Related items Defector welcome to return, face consequences, says Taiwan military Taiwan gov't...

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Defector welcome to return, face consequences, says Taiwan military

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Taipei (The China Post/ANN) – Taiwan welcomes World Bank senior vice president Justin Linto return to the country on humanitarian grounds, but the economist will have to face the legal consequences for his defection three decades ago, the Ministry of National Defense (MND) said yesterday. (continue…) Related items Taiwan gov't reluctant to accept high...

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Net visas deal to lift visitors from Taiwan

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Visitors from Taiwan are expected to increase after the government announced free online visa applications for island residents come September 1. (continue…) Related items Taishin Financial Eyeing New York Life Taiwan Unit – Report EM ASIA FX-Short-covering supports Asia FX, intervention talk lifts won Taiwan vows to improve ties with mainland Defector welcome to...

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Hong Kong opens liaison office in Taiwan

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Hong Kong opened a liaison office in Taiwan Tuesday and announced visitors from the island would no longer have to pay to visit, the latest signs of warming ties between Taiwan and China. "The inauguration … (continue…) Related items Research and Markets: Taiwan Real Estate Report Q1 2012 Research and Markets: Taiwan Commercial Banking...

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Foxconn Technology nets NT$2.16 per share in 1Q12

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Foxconn Technology on May 15 released its financial report for the first quarter of 2012, recording consolidated revenues of NT$20.82 billion (US$705 million), gross margin of 14.16%, net operating profit of NT$1.79 billion, net profit of NT$2.54 billion and net EPS of NT$2.16. (continue…) Related items Foxconn sees over 35% on-year growth in 1Q12...

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Taiwan govt sets up task force to monitor stock market

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Premier Sean Chen yesterday appointed Vice Premier Jiang Yi-huah to head a special task force to help monitor stock trading and shore up investors' confidence in the local stock market that has been pounded by the world economic slowdown and domestic uncertainties. (continue…) Related items Taishin Financial Eyeing New York Life Taiwan Unit –...

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Taiwan Stocks May See Resistance At 7,400 Points

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The Taiwan stock market on Tuesday wrote a finish to the two-day losing streak in which it had fallen more than 105 points or 1.5 percent. The Taiwan Stock Exchange finished just below the 7,400-point plateau, and now investors are expecting another turn to the downside again when the market opens on Wednesday. (continue…)...

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Switzerland, the land that time begot

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NEUCHATEL, Switzerland (Reuters) – Andrew I-Jen Chen swapped a career crunching numbers at French bank BNP Paribas to take up an apprenticeship at one of Switzerland's most prestigious watchmaking schools. He is one of a growing number of people attracted to a career in horology as Swiss watch firms vie for staff to meet...

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Pardon World Bank economist, says Buddhist leader

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A Taiwanese Buddhist leader on Tuesday urged Taipei to pardon World Bank chief economist Justin Lin, who as a young military officer in the late 1970s defected to China by swimming to the mainland. (continue…) Related items Taiwan won't lift order to arrest defector Right reform mix could sustain China growth: World Bank Taiwan...

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