Saturday, January 24, 2015
Shares in Taiwan closed higher on expanded turnover Friday as foreign funds flowed into the market following the European Central Bank's (ECB) announcement overnight of a massive stimulus program, dealers said.
Friday, January 23, 2015
Taiwan's overall trade competitiveness ranking fell from 12th to 14th place out of the 54 countries surveyed, based on a report released by the Importers and Exporters Association of Taipei (IEAT).
Taiwanese computer makers Acer Inc. (宏碁) and Asustek Computer Inc. (華碩) continued to lose ground to bigger rivals in the Europe, Middle East, and Africa (EMEA) region during the fourth quarter, despite strong consumer demand over the holiday season.
Taiwanese smartphone maker HTC Corp. (宏達電) is making a fitness band resulting from its new partnership with Under Armour Inc. (UA), an American sports clothing and accessories supplier, according to Forbes magazine.
Chinese handset maker Xiaomi (小米) Corp.'s newly launched 5.7-inch smartphone is expected to boost sales and profits for FIH Mobile Ltd. (富智康), a unit of Taiwanese contract electronics maker Foxconn Technology Group (富士康), according U.S. brokerage Morgan Stanley.
Unemployment in Taiwan registered a 0.10-point monthly fall in December to 3.79 percent, the lowest level for December in 14 years, the Directorate General of Budget, Accounting and Statistics (DGBAS, 主計處) said Thursday.
Turkish authorities conducted an investigation near the end of last year on global cellphone companies, placing Taiwanese electronics manufacturers HTC (宏達電), Asus (華碩) and Acer on a list of firms that will be subject to import tariffs on their goods entering Turkey.
The average regular monthly wage in Taiwan for the first 11 months of last year rose 1.76 percent from a year earlier on the back of an economic recovery, the Directorate General of Budget, Accounting and Statistics (DGBAS, 主計處) said Thursday.
Hopes that anti-dumping tariffs Taiwanese solar product exporters face would be removed have been dashed by a final decision made by the U.S. International Trade Commission (USITC), which has ruled that exports from Taiwan have caused injury to the industry in the United States.
Shares in Taiwan extended gains Thursday from a session earlier as investors embraced hopes that the European Central Bank (ECB) will further ease its monetary policy to stimulate the eurozone, dealers said.