AMBITIONS: To complete a full takeover of the Hong Kong bank, the financial holding company needs to buy from Arab Banking, China Everbright and individual investors
By Joyce Huang
Fubon Financial Holding Co (富邦金控), the nation's second-biggest banking group, yesterday said that it has inked an agreement with Arab Banking Corp to buy the latter's shares in the Hong Kong-based International Bank of Asia (港基銀行).

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By Bill Heaney
The UK attracts 70 percent of Taiwan's Europe-bound investment, an official from the British Trade and Cultural Office (BTCO) said yesterday.

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By Jessie Ho
Taiwanese companies yesterday expressed their faith in the digital industry as a viable business for the future, if not the immediate future, in view of growing demand for digital televisions in the West.

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Hoya Corp, the world's largest supplier of glass plates to the semiconductor industry, will build a new plant in Taiwan to make a component known as a photomask, which is used to produce liquid-crystal displays.

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Taiwan Semiconductor Manufac-turing Co (TSMC, 台積電), the world's largest contract chipmaker, said yesterday that its monthly revenues hit a record high in August as its shipments surged.

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Stocks fell, led by China Airlines Co (華航) and EVA Airways Corp (長榮), on concern travel in the region will decrease after a patient in Singapore tested positive for SARS in preliminary tests.

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NEW VIEW: Primarily known for making computers, the two US-based companies as planning to give regional makers of flat-panel televisions a new set of challenges
Dell Inc and Hewlett-Packard Co are preparing to sell flat-panel televisions, in a move that will intensify price competition for Sharp Corp, Samsung Electronics Co and other Asian makers, suppliers and analysts said.

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Evergreen to expand fleet
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