Sat, May 14, 2005 - Page 11 News List

Business Briefs

STAFF WRITER, WITH AGENCIES

EVA to resume Hawaii flights

EVA Airways Corp (長榮) is slated to resume flight services to Hawaii in late June following a hiatus of more than four years, a company spokesman said yesterday.

The service will be provided on a thrice weekly basis on Tuesdays, Thursdays and Saturdays, from CKS International Airport near Taipei to Honolulu Airport. A one-way trip takes about 10 hours.

EVA will use its new A330-200 planes to ply the route from June 25, providing a new option for domestic travelers wishing to go to the resort islands.

The carrier suspended flights on the Taipei-Hawaii route in September 2000 due to fleet adjustments with openings of many new routes.

Yuanta to complete merger

Yuanta Core Pacific Securities Co (元大京華證券) is planning to complete a merger with Fuhwa Financial Holdings Co (復華金控) by the end of this year and has recommended Yen Ching-chang (顏慶章) to serve as chairman after the merger deal is closed.

Yen, Taiwan's former representative to the WTO, was invited by Yuanta Group chief executive officer Rudy Ma (馬志玲) to head the nation's 12th largest financial service provider, a Chinese-language newspaper reported yesterday.

NT dollar trades lower

The New Taiwan dollar yesterday traded lower against its US counterpart, after traders bought back US dollar as the Chinese central bank dismissed reports of an change to its yuan peg system.

The NT dollar dropped NT$0.052 to close at NT$31.315 on the Taipei foreign exchange market, on turnover of US$557 million.

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