Won hits 3-week low vs dollar, later trims losses * Taiwan dollar and Thai baht edge lower * But Indian rupee hits 20-month high * Rupee stays firm after RBI's move to mop up liquidity (Adds text, updates prices) SINGAPORE, April 7 (Reuters) - The South ... ( read original story ...)
Silicon Motion Announces Preliminary First Quarter 2017 Revenue and Earnings Conference Call Details
TAIPEI, Taiwan and MILPITAS, Calif ... announces that based on its preliminary first quarter financial results, revenue is expected to be in the upper half of the original guidance range of $121 million to $128 million that the company issued on January ... ( read original story ...)
Tel Aviv property: expensive and poor rental yields
In data released by the Global Property Guide on apartment prices in major cities all over the world, rental yield on a 120 square meter apartment in Tel Aviv stands at 2.57%, which ranks fifth worst in the world for an investment prospect. Taipei ... ( read original story ...)
Powertech Technology : closer to total control of Japan chip tester
Taiwan-based Powertech Technology the world's leading provider of semiconductor chip backend services, announced Friday it had inked an agreement with U.S. memory chipmaker Micron Technology to acquire a 39.6 percent stake in the Japan-based wafer testing ... ( read original story ...)
No joint bid for infrastructure funds, says Ko
Saturday dismissed claims of an agreement with New Taipei City to jointly lobby for the inclusion of the "three loops and three lines" project into the Cabinet's NT$880 billion infrastructure plan. The "three loops and three lines" is a series of new MRT ... ( read original story ...)
UPDATE 1-Powertech seeks Japan chip technology with purchases from Micron
Likes Japan's leading edge in IOT, vehicle electronics (Recasts and adds chairman comments) TAIPEI, April 14 Taiwan's Powertech Technology said on Friday it had bought two of Micron Technology's interests in Japan in deals worth up to $132 million ... ( read original story ...)
Uber resumes in Taiwan
TAIPEI - Uber Technologies said it would resume its ride-hailing ... In Taiwan, at issue for Uber was that it said it operated as an internet-based technology platform rather than as a transport company, which local taxi companies and Taiwanese authorities ... ( read original story ...)
Taiwan, Korea Lose as China Wins From Trump Jawboning on Dollar
Donald Trump’s preference for a weaker dollar rippled through currency markets on Thursday, with Taiwan’s dollar and South Korea’s won climbing at least 0.9 percent. That’s not great news for the export-oriented economies, especially when ... ( read original story ...)
Taiwan bans sale, consumption of dog and cat meat
Taiwan's legislature has explicitly banned the sale and consumption of dog and cat meat and increased the penalty for animal cruelty, underscoring growing awareness of animal welfare in one of Asia's most prosperous societies. The legislature amended ... ( read original story ...)
Uber back in action, resumes ride-hailing service in Taiwan after talks with authorities
In the long-running dispute, Taiwan had maintained Uber’s business was illegal, and at one point last year even considered ordering it to leave the domestic market. However, Uber proponents, many of them individual drivers with cars in Taiwan ... ( read original story ...)
Taiwan stocks fall as TSMC earnings below f'cast; Apple supplier Largan soars
TAIPEI, April 14 Taiwan stocks fell on Friday ... The electronics subindex sank 0.5 percent, while the financials subindex lost 0.6 percent. A bright spot, however, was Largan Precision, maker of camera phone lenses for Apple and other clients, with ... ( read original story ...)
Mayor Of Taipei Ko Wen-je In India To Promote Taipei City As The Venue Of Taipei Summer Universiade 2017
Taipei City is promoting itself as a must-visit for international tourists. With a focus on Asia and “Go South” learning, Mayor Ko Wen-je recently headed a “New Go South” expedition, which on its last stop, came to India. The goal was to open up ... ( read original story ...)
TSMC's Q1 profits hurt by strong Taiwan dollar; cautions trend to stay
TAIPEI: Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker and a major supplier to Apple Inc, said its quarterly profits were hit by a strong local currency and cautioned it expected this trend to continue. Taiwan's exporters ... ( read original story ...)
Singapore’s property prices to double by 2030: Morgan Stanley
"Property market bears expect slower population growth ... the title of the world's tallest structures between 1998 and 2004, when they were overtaken by Taipei 101. The Malaysian landmarks are now in joint ninth place, and a popular photo spot ... ( read original story ...)
Smartwatch becomes major growth driver for wrist wearables
Smartwatch is expected to sustain an annual growth rate of 50 percent and achieve a sales volume of 62.7 million units in 2017 whereas the forecasted sales volume for smart wristband is 57.4 million units, according to Taipei-based IT research institute ... ( read original story ...)
Taiwan shares recoup part of early losses after U.S. attack on Syria
Taipei, April 7 (CNA) Shares in Taiwan ended lower Friday but ... closed unchanged at NT$299.00 after hitting a low of NT$297.00, while Chunghwa Telecom Co. (中華電), the largest telecom operator in Taiwan, rose 0.48 percent to end at NT$104.50 after ... ( read original story ...)