Taiwan News

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Tue, 9 Feb 2010 06:02:00 GMT

Top-5 Taiwan LCD panel makers combine to lose NT$113.3 billion in 2009

The five largest Taiwan-based TFT-LCD panel makers suffered an aggregate net loss of NT$113.3 billion (US$3.45 billion) in 2009, with Chunghwa Picture Tubes (CPT) recording the highest net loss of NT$37.766 billion, and Innolux Display the lowest of
Tue, 9 Feb 2010 06:02:00 GMT

Taiwan export, import values hit 16-month high in January

Taiwan's export and import values in January both hit the highest levels in 16 months, according to statistics released by the Ministry of Finance (MOF) on February 8. Export value for the month reached US$21.754 billion, rising 75.8% on year, while
Tue, 9 Feb 2010 06:01:00 GMT

Taiwan stocks post biggest daily pct gain in 5 mths

TAIPEI, Feb 9 (Reuters) - Taiwan stocks closed up 2.01 percent, their biggest percentage gain since early September, on Tuesday, with TSMC leading tech exporters higher after the island posted better-than-expected January exports. The main TAIEX share
Tue, 9 Feb 2010 06:01:00 GMT

South Europe debt crises has limited impact on Taiwan

1:23 pm TWN, new staff The debt crisis in southern Europe has a limited impact on Taiwan, said Goldman Sachs, yesterday. The investment bank made the statement after Taiwan's financial regulator pointed out last week that Taiwan banks have a total of
Tue, 9 Feb 2010 05:52:00 GMT

Taiwan January crude oil imports rise on fuel demand

1:24 pm TWN, Bloomberg Taiwan, which imports more than 99 percent of its crude oil needs, purchased more of the fuel for a second month as an economic recovery increased fuel demand. Shipments climbed 32 percent from a year earlier to 31.1 million
Tue, 9 Feb 2010 05:52:00 GMT

Taiwanese vessel catches fire

HONOLULU - THE US Coast Guard says the 28 crew members of a Taiwanese fishing vessel that caught fire 900 miles (1,450 kilometres) southwest of Honolulu have abandoned ship and are in two life rafts. A Coast Guard search aircraft located the rafts Monday
Tue, 9 Feb 2010 05:43:00 GMT

Taiwanese exports climb by most in more than 30 years

1:11 pm TWN, By Chinmei Sung, Bloomberg Taiwan's exports climbed in January by the most in more than 30 years as holiday spending in China before the Lunar New Year fueled demand for the island's computers and mobile phones. Shipments abroad increased
Tue, 9 Feb 2010 05:22:00 GMT

Taiwan stocks close almost flat, TAIEX rises 3.01 points

1:12 pm TWN, news staff Taiwan stocks closed almost flat yesterday, rising only by a small margin and managing to stay above 7,200. By closing, the local benchmark index TAIEX rose 3.01 points to 7,215.88 on a reduced trade volume of NT$83.947 billion. A
Tue, 9 Feb 2010 05:22:00 GMT

Taiwan stock Exchange sees three to five foreign listings

1:14 pm TWN, By Weiyi Lim, Bloomberg Taiwan Stock Exchange expects three to five foreign companies to hold initial share sales on the island this year, as it seeks to become an international fund-raising center. The bourse is targeting small and medium
Tue, 9 Feb 2010 05:22:00 GMT

As stocks tumble, Taiwan depository receipts provide an alternative

1:18 pm TWN, news staff With tumbling stock prices, investors may consider Taiwan depository receipts issued by certain overseas firms, now that they have become less expensive, said SinoPac Securities, yesterday. As of yesterday's close, five overseas
Tue, 9 Feb 2010 05:22:00 GMT

Taiwan court extends ex-leader Chen's detention by two months

Taiwan's high court ordered Monday that former Taiwan leader Chen Shui-bian be held in custody for a further two months from Feb. 24, rejecting his appeal to unite with his wife and mother. Chen's detention was extended because his corruption case had
Tue, 9 Feb 2010 05:15:00 GMT

Most Asian Stocks Decline on Europe Concern; Taiwan Shares Rise

Feb. 9 (Bloomberg) -- Most Asian stocks fell, led by banks and material companies, amid concern budget deficits in Europe will derail the global economic recovery. Taiwan stocks rallied after electronics companies reported higher sales. Macquarie Group
Tue, 9 Feb 2010 05:06:00 GMT

Taiwan stocks extend gains, TSMC leads techs higher

TAIPEI, Feb 9 (Reuters) - Taiwan stocks rose 2 percent on Tuesday, with Taiwan Semiconductor Manufacuring Co (TSMC) leading technology exporters higher after the island posted better-than-expected January exports. At 0432 GMT, the main TAIEX share index
Tue, 9 Feb 2010 04:56:00 GMT

STMicroelectronics Opens New Taiwan Office in Taipei

STMicroelectronics (ST) has opened its new Taiwan office at the Neihu Science Park in Taipei. This important milestone marks the 25th anniversary of ST's successful local presence and its continuing commitment ....
Tue, 9 Feb 2010 04:44:00 GMT

CIB arrests thirteen Taichung loan sharks

TAICHUNG, Taiwan -- Thirteen Taichung men alleged to have controlled violent debt-collecting practices, have been arrested by the Criminal Investigation Bureau (CIB), police said yesterday. The group, led by a man surnamed Tseng, which reportedly used
Tue, 9 Feb 2010 04:43:00 GMT

Taiwan stocks extend gains, TSMC leads techs higher

TAIPEI, Feb 9 (Reuters) - Taiwan stocks rose 2 percent on Tuesday, with Taiwan Semiconductor Manufacuring Co (TSMC) <2330. TW> leading technology exporters higher after the island posted better-than-expected January exports. At 0432 GMT, the main TAIEX
Tue, 9 Feb 2010 04:42:00 GMT

Taiwan Stocks Higher After Data Shows Export Surge

HONG KONG -- Taiwan stocks rose Tuesday, with chip makers leading a broad advance among the island's technology companies against a backdrop of weakness among most regional markets, helped by Monday's data that showed exports surged 75% in January from a
Tue, 9 Feb 2010 04:39:00 GMT

Traffic control measures imposed near Taipei marts for Lunar New Year

TAIPEI, Taiwan -- Taipei police started traffic control measures yesterday at areas around major markets to help speed up the massive flow of people who flock to the merchandise centers to shop for the long Chinese Lunar New Year holidays that begin on
Tue, 9 Feb 2010 04:35:00 GMT

Nat'l park events to mark R.O.C. 100th anniversary

TAIPEI, Taiwan -- Construction and Planning Agency (CPA) announced it will hold a series of events in the nation's eight National Parks to celebrate the 100th anniversary of the Republic of China and to promote the beauty of Taiwan's natural scenery. CPA
Tue, 9 Feb 2010 04:35:00 GMT

Taiwan stocks higher after data shows export surge

HONG KONG (MarketWatch) -- Taiwan stocks rose Tuesday, with chip makers leading a broad advance among the island's technology companies against a backdrop of weakness among most regional markets, helped by Monday's data that showed exports surged 75% in
Tue, 9 Feb 2010 04:19:00 GMT

Taiwan Stocks Higher After Data Shows Export Surge

HONG KONG -- Taiwan stocks rose Tuesday, with chip makers leading a broad advance among the island's technology companies against a backdrop of weakness among most regional markets, helped by Monday's data that showed exports surged 75% in January from a
Tue, 9 Feb 2010 04:16:00 GMT

Taiwan Jan exports to mainland at $9.54b

TAIPEI: Taiwan's January exports to the Chinese mainland reached $9.54 billion, the highest figure in 17 months, according to local authorities. The volume accounted for 43.9 percent of Taiwan's total exports for the month, the highest percentage since
Tue, 9 Feb 2010 04:05:00 GMT

Taiwan stocks higher after data shows export surge

HONG KONG (MarketWatch) -- Taiwan stocks rose Tuesday, with chip makers leading a broad advance among the island's technology companies against a backdrop of weakness among most regional markets, helped by Monday's data that showed exports surged 75% in
Tue, 9 Feb 2010 04:00:00 GMT

PM Sikua in Favor of Taiwan-Funded Complex

Prime Minister Dr Derek Sikua today articulates his deepest appreciation for the Government of the Republic of China (Taiwan) for funding a new multi-million dollar Office Complex for members of parliament in Solomon Islands.
Tue, 9 Feb 2010 03:49:00 GMT

Taiwan Shares May Head Lower Again

(RTTNews) - The Taiwan stock market added just a handful of points on Monday - but that was enough to snap the three-day losing streak in which it had plunged more than 325 points or 4.2 percent. The Stock Exchange of Taiwan moved back above support at
Tue, 9 Feb 2010 03:18:00 GMT

Taiwan sees no China backlash over US arms deal

TAIPEI Taiwan believes its recent detente with China will not be derailed by a deal to buy US weapons, despite Beijing’s expressions of outrage towards Washington at the sale, a senior official said on Monday. The island’s top negotiator, PK Chiang,
Tue, 9 Feb 2010 03:09:00 GMT

Taiwan stocks rise on trade data; TSMC up

TAIPEI, Feb 9 (Reuters) - Taiwan stocks were up 1.44 percent on Tuesday, with technology exporters such as Taiwan Semiconductor Manufacturing Co (TSMC) leading gains after the island posted better-than-expected January trade data on Monday. Taiwan's
Tue, 9 Feb 2010 03:07:00 GMT

Taiwan Says China Trade Deal 'Vital' Step

China Trade Deal ‘Vital’ First Step for Taiwan, Official Says More From Businessweek Story Tools Feb. 8 (Bloomberg) -- Taiwan needs to seal a free trade agreement with China to ensure the island can compete with regional rivals in global markets,
Tue, 9 Feb 2010 03:03:00 GMT

Taiwan's CEPD OKs bridge linking Kinmen, Lieyu islands

Taiwan's top economic planner, the Council for Economic Planning and Development, approved Monday a plan for a bridge linking the islands of Kinmen and Lieyu, also known as Xiao Kinmen, in that outlying county. Construction for the 5.43 km bridge between
Tue, 9 Feb 2010 02:58:00 GMT

Taiwan stocks rise on trade data; TSMC up

* TSMC and other exporters climb on strong January trade data * Taiwan stocks down 11 pct so far this year * Technical indicators suggest market close to oversold * Market closed Feb. 11-21 for Lunar New Year (Updates indexes, adds quotes and details)
Tue, 9 Feb 2010 02:54:00 GMT