RALLY: Shares reacted to reports that the US firm had placed an order with the handset panel maker for its iPhone, but Wintek would not confirm the deal
By Lisa Wang
Shares of Wintek Corp (勝華科技) rallied more than 5 percent in the early trading session yesterday amid speculation that the handset panel maker had been chosen to supply Apple Inc for its future touch-panel iPhone.

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POWER OF ATTRACTION: Improving infrastructure and a technology cluster effect have made Neihu and Nangang attractive to a number of investors
By Jessie Ho
The commercial property market in Taipei City grew steadily in the second quarter, supported by increasing investment in Neihu and Nangang districts, a report by CB Richard Ellis Ltd (CBRE) Taiwan said yesterday.

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By Jason Tan
Shares of Firich Enterprises Co (伍豐科技), an industrial computer manufacturer known for its point-of-sale (POS) devices, surged recently and a run of good news from the sector has left people wondering when it will surpass the NT$1,000 (US$30) mark.

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By Jackie Lin
Standard Chartered Bank (Taiwan) Ltd launched its "personal loan instant pre-approval service" yesterday -- the first of its kind in Taiwan -- to secure quality customers in the wake of the consumer credit crisis.

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Far Eastern International Bank (遠東國際商銀) said it would cede management control to a foreign strategic partner that could help it branch out to China.

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CONCENTRATED WEALTH: Taiwanese with assets of at least US$5 million own 15 percent of the nation's wealth, almost twice the figure in Australia, market analysts said
UBS AG and Citigroup Inc said they are hiring more private bankers to serve Taiwan, where the richest citizens hold more wealth than in any Asian country except for China and Japan.

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By Jason Tan
Quanta Computer Inc (廣達電腦), the world's largest notebook computer contract maker, yesterday denied a report saying it would launch a joint venture with Hon Hai Precision Industry Co (鴻海精密).

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Share prices closed 0.57 percent lower yesterday, reversing early advances on follow-through buying amid ample liquidity and extended gains on Wall Street on Friday, dealers said.

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Bank plans branch license sale

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