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Wednesday, February 25, 2015
Taiwan -- TAIEX finishes trade above 9,600 points on back of Wall Street gains
Shares in Taiwan closed above the 9,600-point mark as the local market played catch-up with Wall Street, which rose higher while Taiwan's market was closed from Feb. 16 to 23 for the Lunar New Year holiday, dealers said.
Taiwanese computer maker Acer Inc. (宏碁) is set to unveil a new smartphone running on the mobile version of Microsoft Corp.'s Windows operating system, at the Mobile World Congress trade show in Spain next week.
Net income of overall securities firms in January 2015 was NT$2.428 billion, according to a press release from Taiwan Stock Exchange (TWSE, 台灣證券交易所).
The 2015 Taipei International Machine Tool Show (TIMTOS,台北國際工具機展) is scheduled to take place at Taipei World Trade Center Exhibition Halls 1 and 3, as well as the Nangang Exhibition Hall and the Taipei Expo Park from March 3 until March 8.
As Turkey will soon launch direct flights to Taiwan, the Taiwan External Trade Development Council (TAITRA, 外貿協會) plans to invite more procurement teams from the country, and has scheduled a business delegation to visit the emerging economy between April 12 and 25.
The U.S. dollar rose against the New Taiwan dollar Tuesday, gaining NT$0.050 to close at NT$31.688 as traders heeded the weakness of the South Korean won to cut their holdings in the local currency to reverse an earlier downturn in the greenback, dealers said.
Taiwan -- Acer unveils 2 cloud solutions in diversification effort
Taiwan's Acer Inc. (宏碁) unveiled two new cloud application solutions Tuesday for enterprises and individual consumers in an effort to transform itself into a company that integrates hardware manufacturing with software and services.
Tuesday, February 24, 2015
With the government set to launch phase-two water rationing on Thursday, electronics, chemical, base metal, textile, petrochemical, and pulp and paper industries will be the hardest hit, according to the Ministry of Economic Affairs (MOEA).
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As the stock market re-opens today after Lunar New Year, foreign institutions expressed optimism over the market's performance in the new year, predicting the index will hit close to the 10,000-point mark.
Saturday, February 21, 2015
A strong showing in the local bourse over the Year of the Horse — which started on Jan. 31, 2014 — allowed equity investors to earn more than NT$400,000 (US$12,698) on average, according to statistics compiled by the Taiwan Stock Exchange (TWSE).
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