■ Shares down sharply
Shares closed sharply lower yesterday, falling 2.02 percent on heavy profit-taking by foreign investors after recent gains, dealers said.
The TAIEX lost 153.56 points to finish at 7,458.56, on turnover of NT$126.41 billion (US$4.0 billion).
Stock decliners outnumbered gainers 1,035 to 236, with 127 stocks unchanged.
■ High Tech to launches buyback
High Tech Computer Corp (HTC, 宏達電), the world's largest maker of handsets running Microsoft Corp's operating system, yesterday said it planned to launch a maximum NT$4 billion share buyback over the next 45 days.
That marked the first share buyback the company has embarked upon in the last three years.
HTC said it planned to repurchase 5 million shares, or 1.15 percent of its total shares outstanding, at a price between NT$601 and NT$800 each, it said in a filing to the Taiwan Stock Exchange.
■ EVA introduces text service
EVA Airways Corp (長榮航空), Taiwan's second largest airline, announced yesterday that passengers flying on the company's Airbus 330-200 and Boeing 777-300ER jets will be able to send and receive text messages.
The text message service is integrated into the inflight entertainment system that allows passengers to send messages to e-mail accounts or cellphone numbers at US$1.50 per message, the carrier said in a statement yesterday.
Return messages will also cost US$1.50 to read, EVA Airways said.