A NEW DIRECTION: The group plans to develop into a brokerage-centric financial holding firm, with securities businesses contributing to over 70 percent of income
By Amber Chung
Fuhwa Financial Holding Co (復華金控), the nation's 11th-largest financial group by assets, said yesterday that it expects to return to profit with earnings of NT$8 billion (US$242 million) this year following its merger with Yuanta Core Pacific Securities Co (元大京華證券), Taiwan's biggest brokerage.

[ FULL STORY ]

COMPLETE FACE-LIFT: Renovation at the former Holiday Inn Asiaworld should take two years, after which its owner plans to display his Chinese art collections
By Jackie Lin
After taking over Holiday Inn Asiaworld Taipei in September and renaming it Sunworld Dynasty Hotel Taipei (王朝大酒店), chairman Chen Tei-fu (陳得福) plans to buy more hotels in Taiwan and other countries in the Asia-Pacific region to complement his giant herbal product business.

[ FULL STORY ]

By Jason Tan
With more consumers getting comfortable with online shopping, computer makers are now betting on the cyberspace mall to boost their product sales.

[ FULL STORY ]

China's central bank said yesterday it would keep the nation's currency, the yuan, stable "at a reasonable level" and allow market forces to play a fundamental role in setting the exchange rate.

[ FULL STORY ]

By Jason Tan
Mobile phone maker BenQ Corp (明基) yesterday announced it had completed a share sale of AU Optronics Corp (友達光電) worth NT$4.54 billion (US$137 million).

[ FULL STORY ]

By Lisa Wang
Taiwan Semiconductor Manufac-turing Co (TSMC, 台積電), the world's biggest contract chipmaker, yesterday said it planned to sell up to US$2.58 billion in TSMC shares in the US on behalf of Royal Philips Electronics NV.

[ FULL STORY ]

EXPANDING: Increased sales to Apple Inc and Huawei Technologies mean the electronics giant is looking to increase its number of plants in China's Hebei Province
Hon Hai group, controlled by Taiwan-based billionaire Terry Gou (郭台銘), signed an agreement to invest US$1 billion to build "several" electronics factories in northern China, a government official said.

[ FULL STORY ]

■ Shares little changed
[ FULL STORY ]