Taiwan Business News

New York Life Insurance Taiwan to add headcount

Nov. 20, 2009 (China Knowledge) - New York Life Insurance Taiwan Corp recently announced that it plans to increase headcount in Taiwan in order to facilitate its expansion on the island, sources reported. The number of sales...

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Taiwan's ASE to buy USI

Taiwan-based Advanced Semiconductor Engineering Inc, one of the world's largest independent providers of integrated circuit packaging services, has obtained the board's approval to make a tender offer for Universal Scientific...

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Lower panel prices affect Corning Inc.'s bottom line

32-inch set could drop more than 50% in price Reduced demand and increased production have collided to cut prices for liquid crystal display panels. For Corning Inc., lower panel prices mean only one thing -- less revenue from...

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Bailian to revamp business divisions

After six years' marathon preparation, Shanghai-based Bailian Group, the largest retailer in China, has taken the first steps towards a major restructuring of its supermarket business. The Hong Kong-listed Lianhua Supermarket...

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Taiwan: Science park expansion dispute

Recently, the Executive Yuan in Taiwan has passed a bill in favor of Central Taiwan Science Park (CTSP) fourth stage expansion. Th...

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Blu-ray Demand Set to Grow over the Next Three Years

In tune with making the top 10 CEA Christmas wish list, where they got eighth place, Blu-ray players, along with Blu-ray disks, are expected to see a surge in popularity over the next three years, after the volume sales of BD...

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The Top 10 Things to Worry about in This Economy

Start with the basics: what do you think you might have to survive? No point in making plans if you aren’t worried about something. Here are the top ten contenders: 1. At the current rate of taxation, even if nothing...

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Taiwan dollar, stocks fall on intervention risk

Bonds were little changed. Taiwan has seen a decline in the amount of speculative capital from overseas sitting in the island's banks, Central Bank of the Republic of China (Taiwan) Governor Perng Fai-nan said yesterday, more...

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Merrill Lynch raises Taiwan's 2009, 2010 GDP growth rates

The Merrill Lynch Group yesterday raised its forecast for Taiwan's gross domestic product for this year to a minus 3.4 growth rate from an earlier forecast of a negative 5 percent. The U.S. securities firm also adjusted the...

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WEEKLY REVIEW: Markets end in green despite volatility

Late-noon short covering boosted markets to stage a spectacular recovery on the last trading day of this week. The Sensex gained 173 points from last week's close to end with a gain of 1% at 17,022. The Nifty surged 1% to...

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