Taiwan stocks, currency jump on Wall St; financials up

TAIPEI Feb 6 Taiwan stocks and currency rose on Monday following gains on Wall Street and regional bourses, with financial firms such as Cathay Financial Holding leading the gainers. As of 0226 GMT, the main TAIEX index rose 0.6 percent to 9,514.77 ... ( read original story ...)

Wistron plant in Indian tech hub solely for iPhone: source

MUMBAI/TAIPEI (Reuters) - An assembly plant that Apple's Taiwanese manufacturing partner Wistron Corp is setting up in Bengaluru will focus solely on assembling iPhones, a source familiar with the matter said on Friday. The source, who asked not to be ... ( read original story ...)

Taiwan stocks flat after regional peers wilt on China tightening

TAIPEI, Feb 3 Taiwan stocks were mostly flat on Friday after early gains were eroded when regional and China markets fell after Beijing unexpectedly hiked short-term rates. China's central bank surprised financial markets by raising short-term interest ... ( read original story ...)

BRIEF-Taiwan's Hua Nan Financial sees growth in 2017 net profit

Hua Nan Financial Holdings, a major state-run firm with units in banking, brokerage and insurance, says: * Sees net profit this year rising to at least T$16 billion ($512.8 million) versus T$14 billion in 2016 amid Taiwan's mild economic growth * New ... ( read original story ...)

Taiwan stocks rise; local dollar at 18-month high

TAIPEI, Feb 2 (Reuters) - Taiwan stocks rose on Thursday after the Lunar New Year ... The electronics subindex rose 0.4 percent, while the financials subindex lost 0.4 percent. Hon Hai Precision was up 0.6 percent, after rallying as much as 2.4 percent ... ( read original story ...)