OPPORTUNITY: The British bank said that there is huge potential for growth in Taiwan's insurance market, with average sums assured much lower here than in Japan and the US
By Lisa Wang
HSBC Holdings PLC, the biggest bank in Europe, yesterday launched its Taiwanese insurance unit, the latest in a series of moves to strengthen its presence in the Asia-Pacific region.

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By Kevin Chen
Consumer confidence rose slightly this month from last month, with public sentiment toward stock investment and consumer prices showing some improvement, according to a report released by National Central University yesterday.

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Jet maker Sino Swearingen Aircraft Co hopes to emerge from months of uncertainty by bringing on a new investor.

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By Lisa Wang
Chi Mei Optoelectronics Corp (奇美電子), the nation's second-biggest maker of liquid-crystal-display (LCD) panels, yesterday said it had signed a memorandum of understanding with TPV Technology Ltd (冠捷科技) to buy a cash stake in the world's biggest computer monitor maker.

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Taiwan may spend more than NT$100 billion (US$3 billion) during the next three years to increase wind-power capacity 10-fold and cut coal and gas imports.

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POSITIVE: A manager at Mega International Investment Services said momentum came from capital inflow, which boosted the currency to its highest since July 3
Shares closed 1.69 percent higher yesterday as fund managers boosted their holdings ahead of the end of the current quarter, dealers said.

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By Kevin Chen
Banks' average non-performing loan (NPL) ratio dropped 0.11 percentage points month-on-month to 2.24 percent at the end of last month, the Financial Supervisory Commission's latest data showed yesterday.

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Hynix Semiconductor Inc, the world's second-largest maker of memory chips, said it stopped selling computer memory chips through the spot market this month because demand from customers such as Dell Inc is increasing.

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ITRI releases energy patents

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