Home / Business

Industrial output rises a robust 3.25%

By Lauly Li

Industrial production expanded 3.25 percent year-on-year last month, beating the government’s estimate of 1 percent growth, on robust growth in electronic components and machinery goods, the Ministry of Economic Affairs said yesterday. The industrial production index reached 115.81, the highest since the ministry started collecting theFULL STORY

iPhone 8 sales meager amid X anticipation

By Lisa Wang

Local telecom carriers yesterday saw muted launches of Apple Inc’s iPhone 8 and iPhone 8 Plus as consumers opted to wait for the arrival of the iPhone X, which offers a greater upgrade in specifications. No major telecoms in Taiwan said they expect a supply crunchFULL STORY

AIDC sees rising opportunities in carbon composites

By Ted Chen

Aerospace Industrial Development Corp (AIDC, 漢翔航空工業), the nation’s largest civilian and military aerospace manufacturer, is eyeing opportunities from rising demand for carbon fiber composite materials. As aircraft design advances, carbon fiber composite is becoming a bigger part of the bill of materials, the company saidFULL STORY

Unemployment rate hits new low

The unemployment rate for last month fell to a new low this year, as the economy continued to recover, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. The jobless rate for last month, after adjustment for seasonal factors, including graduations and business downsizing,FULL STORY

Asustek looks to ZenFone 4 series to aid its return to profit next quarter

By Lauly Li

Asustek Computer Inc (華碩) expects its smartphone business to swing back to profit next quarter, aided by its new ZenFone 4 series, chief executive officer Jerry Shen (沈振來) said at a product launch on Thursday in Rome. “The company’s smartphone business has improved significantly since weFULL STORY

Top executives to be banned from multiple posts: FSC

By Ted Chen

The Financial Supervisory Commission on Thursday unveiled a proposal that would ban top executives of financial holding companies from taking on similar roles in other companies, in a bid to improve corporate governance and ensure regulatory compliance in the financial sector. The proposal stipulates thatFULL STORY

Taipei, Manila aiming to renew investment treaty

The Manila Economic and Cultural Office (MECO) in Taipei said that it plans to renew a bilateral investment agreement (BIA) with Taiwan by the end of the year, in line with Taiwan’s New Southbound Policy. “There are only about one or two issues that have toFULL STORY

Les Enphants opens experience center in Taipei

By Kuo Chia-erh

Les Enphants Co Ltd (麗嬰房), one of the nation’s major retailers of children’s garments, on Wednesday opened its first “experience center” in Taipei’s Neihu District (內湖) as part of the firm’s effort to improve its image. Les Enphants hopes to transform itself from a retailer intoFULL STORY

DaChan Great Wall eyes eastern China expansion

By Kuo Chia-erh

DaChan Great Wall Group (大成集團), a local agriculture and food conglomerate, yesterday said its two new food processing plants in China’s Anhui Province are to begin operations by the end of next month. “We are going to speed up the pace of our expansion in easternFULL STORY

Taiwan Business Quick Take

ELECTRONICS HTC shares up 10 percent HTC Corp (宏達電) shares resumed trading yesterday and rose by the maximum daily limit on the back of a deal with Google announced on Thursday. The shares gained 10 percent to close at NT$76.2 as investors reacted positively to the dealFULL STORY

China furious over S&P downgrade

China yesterday lashed out at the decision by Standard & Poor’s (S&P) to downgrade the nation’s credit rating, calling the warning against ballooning debt “mistaken” and based on “cliches” about its economy. The agency on Thursday slashed China from “AA-minus” to “A-plus” on Thursday, a moveFULL STORY

SEC under fire for being hacked

The US Securities and Exchange Commission (SEC) waited until Wednesday to disclose a hack of its corporate filing system that occurred last year, raising questions about the agency’s ability to protect important financial information and comes as Americans are still weighing the consequences of theFULL STORY

Singapore a top place for launching cyberattacks

Singapore has overtaken countries including the US, Russia and China as the nation launching the most cyberattacks globally, Israeli data security firm Check Point Software Technologies Ltd said. The company, whose software tracks an average of 8 million to 10 million live cyberattacks daily, said SingaporeFULL STORY

World’s richest woman Bettencourt dies aged 94

French businesswoman and billionaire Liliane Bettencourt, whose family founded L’Oreal and still owns the largest stake in the cosmetics giant, has died, aged 94, her daughter said on Thursday. Bettencourt, listed by Forbes as the world’s richest woman, was the heiress to the beauty and comesticsFULL STORY

Fairfax Media to float lucrative property ad arm

Fairfax Media Ltd’s shareholders are set to vote on spinning off its lucrative property advertising division, the Australian publishing giant said yesterday. Like its international peers, Fairfax — the owner of major mastheads the Sydney Morning Herald, the Age and the Australian Financial Review — hasFULL STORY

World Business Quick Take

GERMANY PMI hits over six-year high The German economy showed continued strength at the end of the third quarter, with a gauge of private-sector activity hitting the highest in more than six years, beating economists’ expectations. The composite purchasing managers’ index rose to 57.8 this month fromFULL STORY

More :
Date Range : Past 7 Days Custom Date Range
TOP top