For the day, the index plummeted 145.03 points or 1.29 percent to finish at the daily low of 11,076.78 after peaking at 11,189.57 on turnover of 137.38 billion Taiwan dollars. Among the actives, Cathay Financial plummeted 1.45 percent, while Fubon ... ( read original story ...)
Taiwan suspends Tasmanian fruit imports
Taiwan has suspended fruit imports from Tasmania after adult fruit flies and their larvae were found in the Apple Isle's north. Adult flies, considered a list-A pest, have been found on Flinders Island this month while larvae was discovered at Spreyton ... ( read original story ...)
Taiwan Demands Compensation for US Solar Safeguard Tariffs
Taiwan has joined South Korea in demanding compensation for steep US tariffs on solar panels, opening a 30-day window for negotiations, a World Trade Organization filing showed on Tuesday. Last week US President Donald Trump signed into law a 30% tariff on ... ( read original story ...)
Taiwan holds live-fire drills amid tensions
HUALIEN — Taiwan troops staged live-fire exercises Tuesday to simulate fending off an invasion, as the island’s main threat China steps up pressure on President Tsai Ing-wen and a row over airline routes escalated. The military dispatched ... ( read original story ...)
Taiwan demands compensation for U.S. solar safeguard tariffs
GENEVA (Reuters) - Taiwan has launched a demand for compensation for U.S. safeguard tariffs on solar panels, opening a 30-day window for negotiations, a World Trade Organization filing showed on Tuesday. Taiwan said that as an exporter with a substantial ... ( read original story ...)
Google has completed its acquisition of HTC’s smartphone business, which cost more than $1 billion (GOOG, HTCXF)
In addition to a team that has already worked on the two Pixel smartphones (which were outsourced to HTC), Google is also gaining a big facility in Taipei, Taiwan, which marks its biggest new headquarters in South-East Asia and establishes a noteworthy ... ( read original story ...)
Business News & Financial News | Reuters
TAIPEI Qualcomm Inc will pay T$390 million ($13.35 million), its first installment of a fine for anti-trust violations in Taiwan, the Taiwan Fair Trade Commission said on Tuesday, as the U.S. chipmaker grapples with issues around its business model. ( read original story ...)
Taiwan Bourse Expected To Remain Rangebound On Tuesday
Taiwan Cement lost 0.65 percent, Formosa Plastics added 0.97 percent, Cathay Financial collected 0.91 percent, Mega Financial added 0.39 percent and Fubon Financial spiked 1.50 percent. The lead from Wall Street is negative as stocks gave ground on Monday ... ( read original story ...)
Inside Taiwan’s Cryptocurrency Push
Jan.29 -- The half a billion dollar theft in Japan on the Coincheck Exchange could be a cautionary tale for Taiwan, which has been looking to possibly fill the cryptocurrency void in Asia following the crackdowns in China and South Korea. Bloomberg's ... ( read original story ...)
Taiwan Bourse Expected To Extend Wednesday’s Losses
CTBC Financial lost 1.17 percent, Taiwan Steel Union eased 0.03 percent and China Steel was unchanged. The lead from Wall Street suggests mild consolidation as stocks failed to sustain an early upward move Wednesday before finishing mixed - although the ... ( read original story ...)
Taiwan Bourse May Spin Its Wheels On Friday
For the day, the index gathered 13.79 points or 0.12 percent to finish at 11,165.95 after trading between 11,131.85 and 11,268.61 on turnover of 160.29 billion Taiwan dollars. Among the actives, Cathay Financial shed 0.18 percent, while Fubon Financial ... ( read original story ...)
Taiwan Prospects Rosy
Sales generated by Taiwan’s retail sector and by the food and beverage sector both set new record highs in 2017, and 2018 could be another good year for them, according to the ministry of economic affairs, CNA reported. The MOEA said it was bullish on ... ( read original story ...)
Government to provide support for social housing: Tsai
Taipei, Jan. 26 (CNA) President Tsai Ing-wen (蔡英文 ... As for new housing locations, Tsai said the Finance Ministry, the (MOI) and the Defense Ministry will make 350 hectares of government land available for city and county governments for social ... ( read original story ...)
Taiwan Semi (TSM) Q4 Earnings Beat on Strong Product Ramp Up
Taiwan Semiconductor Manufacturing Co. TSM reported fourth-quarter 2017 earnings of 64 cents per ADR, which exceeded the Zacks Consensus Estimate. Further, it increased 13% sequentially and 5% year over year. Moreover, revenues increased 5.9% year over ... ( read original story ...)
Clifford Beaumont: UK Inflation Eases
TAIPEI, TAIWAN, January 18, 2018 /24-7PressRelease/ — Analysts ... Clifford Beaumont analysts believe that this decline could indicate that the financial pressure on UK households could decrease over the next few months. In the first fall since June ... ( read original story ...)
QNB Group: Financial Results for the Year Ended 31 December 2017
The financial results for 2017 along with the profit distribution ... programme and was listed on the Taipei Stock Exchange. Under this programme, a US$ 630 million tranche was issued with a maturity of 30 years callable every 5 years. ( read original story ...)