Google Maps Taiwan offers free ad listings, traffic info

The China Post - Google Taiwan announced yesterday the addition of a free advertising platform on its well-known Google Maps that allows users to add personal and business listings based on location. Full Story

Nestle Taiwan — drive of health, nutrition, wellness life

The China Post - Almost a century and a half ago, Swiss pharmacist Henri Nestle invented a milk food for infants which saved the life of a neighbor's child and helped combat the high infant death rate in Europe at the time. Full Story

Cathay Financial falls after gaining on quarterly profit surge

The China Post - Cathay Financial Holding Co., Taiwan's biggest financial services company, fell in Taipei after earlier rising to an 11-week high on quarterly profit that tripled as fewer customers defaulted on credit-card repayments. Full Story

Fair Trade Commission to probe CPC's crude oil costs

The China Post - The Fair Trade Commission (FTC) said yesterday that it will conduct an investigation into the crude oil purchase costs of the state-owned CPC Corp. Taiwan. Full Story

Taiwan Semi, United Micro shares decline after report

The China Post - Taiwan Semiconductor Manufacturing Co. and United Microelectronics Corp. fell in Taipei trading after a newspaper reported the chipmakers plan to cut capital spending in 2008 as they prepare for slowing demand. Full Story

Think-tank revises growth up to 4.61%

The China Post - The Taipei-based Polaris Research Institute revised upward yesterday its forecast for Taiwan's economic growth for 2007 from 4.58 percent to 4.61 percent. Full Story

86% of Gateway shares tendered as bid ended

The China Post - Acer Inc., which agreed to buy Gateway Inc. for US$710 million to become the world's third-biggest personal computer maker, completed its offer and said 86.09 percent of Gateway's shares were tendered. Full Story

Asian stocks close higher; gains limited by Wall St.

The China Post - Asian stocks closed mostly higher Thursday with investors focussing on domestic issues, however, a mixed performance by Wall Street overnight limited gains. Full Story

Shares rise on strong cement

The China Post - Taiwan shares rose Thursday on strong cement issues performance due to demand from China. Full Story

TSU urges government to tackle low-end tea imports

The China Post - Lawmakers and officials of the opposition Taiwan Solidarity Union (TSU) urged the government yesterday to tackle substandard tea imports from China and Vietnam, which they said have seriously affected the livelihoods of Taiwan's growers. Full Story

CAL, EVA Airways may offer flights to Prague

The China Post - China Airlines (CAL) and EVA Airways -- the country's two largest carriers -- expressed interests Thursday in offering flights to Prague, capital of the Czech Republic, after Taiwan and the Central European country signed an aviation agreement earlier in the day. Full Story

Photovoltaic output to hit NT$50 billion by 2009

The China Post - The annual output Taiwan's solar energy-related industry will top NT$50 billion (US$1.53 billion) in 2009, rising from a mere NT$7 billion in 2005, Minister of Economic Affairs Steve R.L. Chen said yesterday. Full Story

Labor income share in Taiwan GDP drops

The China Post - The share of labor income in Taiwan's gross domestic product (GDP) has been declining over the past two decades, with the ratio having dropped from 51.4 percent in 1990 to 45.8 percent in 2005, according to a report released yesterday by the Directorate General of Budget, Accounting and Statistics (DGBAS). Full Story

Rotterdam to pip Kaohsiung as 6th-largest container port in '07

The China Post - Rotterdam Port will replace Taiwan's Kaohsiung Harbour as the world's 6th-busiest container port by the end of 2007, a newspaper said yesterday. Full Story

Forum to address investment in China

The China Post - The Department of Business Administration at National Taipei University announced yesterday it will hold a business forum addressing issues and policies related to Taiwan investment in mainland China. Full Story

Shopping becomes Japan's top draw: study

The China Post - Shopping has replaced culture as the top draw for tourists to Japan as Asian travelers flock to buy electronics products and clothing, an industry survey showed Tuesday. Full Story

Decline in gas sales as drivers complain of cost

The China Post - Gasoline sales have declined slowly amid a rise in gas prices and driver complaints about rising costs at the pumps. Full Story

Online purchases to top NT$185 billion in 2007: III

The China Post - Taiwan's online shopping business is forecast to top NT$185.5 billion for 2007, the quasi-governmental Institute for Information Industry (III) reported yesterday. Full Story

China, Hong Kong and India again at record closes

The China Post - Most Asian markets rose Wednesday, with markets in China, Hong Kong and India again finishing at record closes. Full Story

India's bull market run has further record highs to go: analysts

The China Post - India's stock market has rocketed nearly 3,000 points in three hectic weeks to hit record highs and analysts say the bull run has further to go. Full Story

Gov't to go ahead with bank merger plan

The China Post - The government will go ahead with its plan to merge three wholly state-owned banks into a holding company, despite a Legislative Yuan motion demanding a halt to the project, Executive Yuan spokesman Shieh Jhy-wei said yesterday. Full Story

Kaohsiung Harbor sees slow growth

The China Post - Kaohsiung Harbor is at risk of losing its No. 6 global ranking in terms of container handling volume after a period of slow growth, according to the latest tallies released Tuesday by the Department of Aviation and Navigation under the Ministry of Transportation and Communications. Full Story

Taiwan's first performing humanoid robot unveiled in Kaohsiung

The China Post - Taiwan's first humanoid robot performer "Janet," which is capable of speaking, singing and walking, debuted at a news conference on Monday to promote a robot design and manufacturing contest and made a splash. Full Story

Cathay Financial profit jumps as credit crisis eases

The China Post - Cathay Financial Holding Co., Taiwan's biggest financial services company, tripled third quarter profit from a year earlier as fewer customers defaulted on credit-card repayments. Full Story

Taiwan's Fubon Financial triples profit in fiscal Q3

The China Post - Fubon Financial Holding Co., Taiwan's second-largest financial services company by market value, more than tripled third-quarter profit from a year earlier. Full Story

Mega Financial Holding Co. nine-month profit falls 6.3%

The China Post - Mega Financial Holding Co., Taiwan's second-largest financial services company by assets, posted a 6.3 percent decline in nine-month profit. Full Story

Hua Nan Financial 9-month profit up 24% to NT$7.52 billion

The China Post - Hua Nan Financial Holdings Co., Taiwan's fourth-largest financial services company by assets, posted a 24 percent gain in nine-month profit. Full Story

Taiwan First Financial nine-month profit rises 38%

The China Post - First Financial Holding Co., Taiwan's fifth-largest financial services company by assets, posted a 38 percent rise in nine-month profit. Full Story

Uni-President in talks with Hong Kong regulators on listing shares

The China Post - Uni-President Enterprises Corp., Taiwan's biggest processed food maker, said it's still in talks with regulators to list shares in Hong Kong and has no schedule for an equity offering there. Full Story

TSMC Q3 sales at new quarterly record

The China Post - Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest made-to-order chipmaker, yesterday announced combined September sales of NT$29.453 billion, a decline of 1.9 percent from August but a rise of 8.2 percent from the same period last year. Full Story

UMC's September sales up to US$323 million

The China Post - United Microelectronics Corporation said Tuesday its parent sales in September rose to NT$10.54 billion (US$323.3 million), up from 10.43 billion of the previous month. Full Story

Chi Mei Opto shares up on sales, shipment gains

The China Post - Chi Mei Optoelectronics Corp., Taiwan's second-largest maker of liquid-crystal displays, gained to the highest in three months in Taipei after the company posted a 68 percent rise in September sales. Full Story

CPC to shut Linyuan plants for scheduled check up

The China Post - CPC Corp., Taiwan's state refiner, plans to shut both of its ethylene plants in Linyuan for maintenance in October and November, a company official said. Full Story

China Shenhua stock soars in spectacular debut

The China Post - Shares in China Shenhua Energy surged nearly 90 percent in their trading debut Tuesday as the coal firm completed mainland China's largest ever stock listing, which raised almost nine billion dollars. Full Story

Euro dives to two-week low against greenback

The China Post - The euro hit its lowest point against the dollar in more than two weeks on Tuesday, as dealers awaited publication of minutes from the U.S. Federal Reserve's latest rate-setting meet. Full Story

Most Asian markets rise on stocks

The China Post - Most Asian markets advanced Tuesday, with indexes in India, China and South Korea rising to new records. Gainers included India's Reliance Energy Ltd. and China Shenhua Energy Co., which debuted on the Shanghai exchange. Full Story

Shares fall on overall weakness

The China Post - Taiwan shares fell Tuesday on profit-taking in tech and traditional industry issues. Full Story

Governement requested to suspend financial holding company plan

The China Post - The government plan to set up a giant state-run financial holding company (FHC) hit a snag yesterday, as the finance committee of the Legislative Yuan approved a motion requesting the Ministry of Finance suspend the plan to integrate Bank of Taiwan, Land Bank of Taiwan and Export-Import Bank of ROC into the Taiwan Financial Holding Co. Full Story

Economic growth to top 4.58 percent this year, premier says

The China Post - Premier Chang Chun-hsiung estimated yesterday that the country's domestic economy will grow by at least 4.58 percent this year, given steady growth in the industrial sector and thriving performances on the local bourse. Full Story

Taiwan's export growth up on Asia demand

The China Post - Taiwan's export growth unexpectedly accelerated in September as demand from China and Southeast Asia offset weaker U.S. orders. Full Story

AU leads LCD stocks higher after posting record sales

The China Post - AU Optronics Corp. led shares of liquid-crystal display makers higher after reporting record monthly sales, fueling optimism that rising panel prices will boost industry earnings. Full Story

4 local banks to propose capital increase plans

The China Post - Four local banks have been asked to propose capital increase plans due to the losses they made, disclosed the Financial Supervisory Commission (FSC) yesterday. Full Story

Quanta ships record 3.1 million notebook PCs in September

The China Post - Quanta Computer Inc., the world's largest maker of laptops for clients such as Dell Inc. and Hewlett-Packard Co., posted record sales and shipments last month. Full Story

LG plans to outsource LCD TVs to Taiwan firm

The China Post - LG Electronics Inc., the world's fifth-largest liquid-crystal display television maker, plans to sign an outsourcing agreement to have a Taiwan-based company make LCD TVs to cut production costs. Full Story

China Development's 9-month profit falls 7.7%

The China Post - China Development Financial Holding Corp., owner of Taiwan's largest venture capital company, posted a 7.7 percent drop in nine-month profit. Full Story

Motorola wins equipment orders from Far Eastone

The China Post - Motorola Inc., the biggest U.S. mobile phone maker, said it won orders to provide wireless Internet network equipment to Taiwan's Far Eastone Telecommunications Co. Full Story

Capital, Jih Sun rise on pension fund mandate

The China Post - Capital Securities Co. and Jih Sun Financial Holdings Co. rose in Taipei trading after being chosen to manage NT$16 billion for the government's pension fund. Full Story

Euro slips against dollar amid eurozone finance meeting

The China Post - The euro slipped under 1.41 dollars on Monday, as eurozone ministers sat down to discuss the European single currency's recent record strength, dealers said. Full Story

Asia advances; Shanghai, Manila hit record highs

The China Post - Most Asian markets rose Monday, with shares in China shooting to a record after a weeklong holiday on the mainland. Benchmark indexes in the Philippines and Indonesia also rose to record closes. Full Story

Shares boosted on strong performance by tech issues

The China Post - Taiwan shares rose Monday on strong performance by tech issues. Full Story

Over 1,200 exhibitors set to participate in 'must-attend' TAITRONICS AUTUMN 2007

The China Post - TAITRONICS AUTUMN, in its 33rd year, has become one of the most famous electronics industry shows in the world. Renowned international companies such as KSS, Elead, Weihai Systems, King State, Hamg Shing Technology, UMEC and SGS have regularly used this venue to launch their products. Full Story

Taiwan government teaming up with private sector to energize prospects of photovoltaic industry

The China Post - Even though the development of the photovoltaic industry in Taiwan is still in its budding stage, the global market share of Taiwan-made solar cells has increased impressively. Full Story

Public welfare lottery profits near NT$10 billion in 8 months

The China Post - The aggregate profits earned from the issuance of public welfare lottery tickets ran close to NT$10 billion in the first eight months of the year, according to statistics compiled by Taiwan Lottery Co., Ltd., operator of the lottery. Full Story

Central Taiwan Science Park in need of workers

The China Post - The Central Taiwan Science Park in Taichung County will have to recruit at least 1,700 workers in 2008 due to its rapid business expansion, according to an investigation by the Cabinet-level Council of Labor Affairs (CLA). Full Story

NT$350 billion private-sector funds go into public works

The China Post - More than NT$350 billion private-sector funds had been funneled into 552 public work projects by the government between 2002 and the end of September this year, according to the Cabinet-level Public Construction Commission (PCC). Full Story

TSE chief calls for clearer laws on insider trading

The China Post - Wu Rong-i, chairman of the Taiwan Stock Exchange Corp. (TSE), Saturday urged the government, in collaboration with law experts, to review existing rules regulating insider trading cases and come up with clearer and more feasible regulations. Full Story

Symantec launches photo emoticon look-alike contest

The China Post - The Symantec Corp., a global leader in Internet security software, is holding a global photo competition running through until Oct. 15 to find the best photos of facial expressions imitating emoticons, with a variety of prizes including US$10,000 in cash on offer, an event organizer said yesterday. Full Story

Solar panel textiles highly praised

The China Post - The seventh Textile International Forum and Exhibition (TIFE 2007) ended yesterday with local and international experts in agreement on the growing importance of green technologies on value creation in the textile industry. Full Story

Auditor-general warns on deteriorating gov't debts

The China Post - The government's debts have surged to a record high while the rampant waste, corruption and incompetency in executing the budget plans are making the problems worse, warned the Ministry of Audit (MOA). Full Story

Innovative solar textile technology featured at TIFE

The China Post - The Textile International Forum and Exhibition (TIFE) is a testament to Taiwan's ingenuity and innovation. Full Story

Taiwan, fearing squeeze, seeks long-term coal deals

The China Post - Two Taiwanese utilities sought this week to secure coal supplies for the next five to 10 years, longer-term deals than the norm, amid growing concerns that China's demand may sap Asian supplies for years to come. Full Story

Inflation accelerates to fastest in two years

The China Post - Taiwan's inflation accelerated to a two-year high in September on food costs, adding pressure for another interest-rate increase. Consumer prices advanced 3.08 percent from a year earlier, the state statistics bureau said yesterday in Taipei. Full Story

PeopleSearch opens office in Hsinchu Science Park

The China Post - With a focus on meeting the human capital needs of the technology sector, PeopleSearch has expanded its presence in Taiwan by opening a branch office in Hsinchu Science Park. Full Story

Compal to build US$500 mil. plant in northern Vietnam

The China Post - Taiwan's Compal Electronics Inc., the world's second-largest maker of notebook computers, will invest US$500 million in building a factory to produce computers and electronic components in Vietnam, a government official said. Full Story

Ta Chong meeting delayed over Carlyle deal

The China Post - Taiwan's Ta Chong Bank Ltd. said it may have to delay electing new board members because the securities regulator hasn't yet approved its sale of a stake to Carlyle Group and a partner. Ta Chong shares fell. Full Story

Far Eastern Air shares rise after U-Ming buys stake

The China Post - Far Eastern Air Transport Co., a domestic airline in Taiwan, snapped a two-day decline and rose after U-Ming Marine Transport Corp. said it bought a 5.77 percent stake to expand. Full Story

High Tech Computer Q3 net rises to NT$7.38 bil.

The China Post - High Tech Computer Corp., the world's largest maker of mobile phone handsets using Microsoft Corp.'s Windows operating system, posted a 10 percent increase in third-quarter profit. Full Story

Taiwan end-September forex reserves rise

The China Post - Taiwan's foreign exchange reserves totaled US$262.94 billion at the end of September, up from the US$261.37 billion recorded in the preceding month, the central bank said yesterday. Full Story

Asian bank stocks offer value amid crisis

The China Post- Banking shares from Japan, Singapore, Australia and South Korea have been left behind in a recent rally of many regional stock markets, providing a good opportunity for buyers. Full Story

Shares close 0.75% lower

The China Post- Taiwan share prices closed 0.75 percent lower Thursday on profit-taking following recent gains and after Wall Street's fall overnight, dealers said. Full Story

The Cabinet-level Fair Trade Commission slaps direct sales firm with NT$1 million fine for false story

The China Post- The Cabinet-level Fair Trade Commission (FTC) yesterday fined SunChin Marketing Network, a multi-level direct sales company, NT$1 million (US$30,000) for posting a falsified success story of a sales representative on its company website. Full Story

1.3 firms closed per one set up in first 8 months

The China Post- There were a total of 30,296 firms dissolved, suspended and scrapped in Taiwan in the first eight months of the year, showing a sharp increase of 51.82 percent from a year earlier as a result of an increasingly difficult business climate, according to statistics compiled by the China Credit Information Service Ltd. (CCIS) Full Story

Foreign investment US$651 mil. in Sept.

The China Post- Overseas investors brought to Taiwan a net value of US$651 million in September as Taiwan stocks took a turn for the better in the bottom half of the month. Full Story

Fair Trade Commission OKs creation of Taiwan Financial holding Corp.

The China Post- The Fair Trade Commission yesterday approved the merging of three state-run banks to form the Taiwan Financial Holding Corp., saying such a practice did not run contrary to the spirit of fair trade.Full Story

Taiwan to lift bank ownership cap to push mergers

The China Post- Taiwan plans to make it easier for investors to acquire local banks, seeking to encourage consolidation in an economy where hundreds of lenders serve 23 million people. Full Story

LG.Philips LCD and Taiwan rivals to post strong Q3 profit

The China Post- Flat screen maker LG.Philips LCD Co. Ltd. and two Taiwan rivals are set to post strong quarterly profits, and growing demand for flat screens and tight supply are likely to ensure a healthy market through 2008. Full Story

High Tech shares climb after Credit Suisse upgrade

The China Post- High Tech Computer Corp., the world's largest maker of handsets that use Microsoft Corp.'s Windows operating system, rose to an 11-month high in Taipei after Credit Suisse Group raised its rating to "outperform." Full Story

China's Home Inn chain mulls building in Taiwan

The China Post- China's Home Inn hotel chain is considering expanding into Taiwan, a newspaper said yesterday. Full Story

U-Ming Marine buys 5.77% stake in Far Eastern Air

The China Post- U-Ming Marine Transport Corp. said it bought a 5.77 percent stake in Taiwan's Far Eastern Air Transport Co. through a wholly owned investment unit to expand its transportation business.Full Story

CPC to shut Linyuan plant for maintenance

The China Post- CPC Corp., Taiwan's state refiner, plans to shut one of two ethylene plants in Linyuan for maintenance on Oct. 11, a company official said. Full Story

Taiwan sells NT$30 billion of 5-year bonds at 2.603%

The China Post- Taiwan sold NT$30 billion of five-year bonds at a yield of 2.603 percent, above the rate at the previous sale in July, the central bank said. Full Story

National Development Fund to sponsor biotech firms

The China Post- The National Development Fund under the Executive Yuan will appropriate some NT$70 million to two local companies by mid-October as part of its NT$10 billion funding project dubbed "investing in local small- and medium-sized enterprises," officials disclosed yesterday. Full Story

Increased individual tax breaks proposed

The China Post - To help taxpayers cope with shrinking real incomes and rising commodity prices, the Chen Shui-bian Administration yesterday approved increased deductions for individual taxpayers that, if ratified by lawmakers, will take effect for the 2008 tax year and reduce the government's tax revenues by NT$3.7 billion (US$112 million) annually. Full Story

Government to intergrate stock, futures exchanges

The China Post - The Cabinet yesterday approved a plan to set up a holding company to integrate Taiwan's stock and futures exchanges and related agencies. Full Story

Textile exhibition focuses on value creation, green technology

The China Post - Minister Steve Chen of the Ministry of Economic Affairs (MOEA) and other officials from Taiwan's textile industry yesterday officially opened the seventh edition of the Textile International Forum and Exhibition (TIFE 2007). Full Story

Japan fiber expert stresses innovation is key

The China Post - A Japanese fiber technology expert said yesterday the country's fiber manufacturers rely on innovation to stay competitive, amid fierce international competition. Full Story

Hsinchu Science Park hopes IC design can become No. 1

The China Post - Hsinchu Science Park Administration Director-General Huang De-ruei expressed his hope yesterday that the production value of integrated circuit design, or IC design, will grow to take a 40 percent share of the global market in two or three years, thereby establishing it as No. 1 in the world. Full Story

Jan.-Aug. turnover of science parks grows 11.6 percent

The China Post - The combined turnover of three science industrial parks affiliated to the National Science Council (NSC) reached NT$1.2 trillion (US$36.85 billion) during the January-August period, posting an 11.6 percent growth compared with the level of the same period of 2006, according to an NSC report released Wednesday. Full Story

AMT to negatively impact foreign investment in Taiwan

The China Post - Within 18 months, the Alternative Minimum Tax for overseas income will go into effect. "This will have a major impact on financial, wealth management and mutual fund industries in Taiwan," said Eunice Kuo, tax managing partner at Deloitte and Touche Taiwan and AmCham Tax Committee co-chair. Full Story

Acer denies plan to halt expansion in China for focus on United States market

The China Post - Acer Inc., the Taiwanese computer maker that's buying Gateway Inc., denied a Digitimes report that the company will halt expansion in China to focus on its biggest markets, the U.S. and Europe. Full Story

Cathay to tap property insurance in China

The China Post - Cathay Financial, Taiwan's biggest financial holding firm, said it plans to set up a property insurance company in China to tap the fast growing mainland market. Full Story

Chi Mei invests in screen-module maker stake

The China Post - Chi Mei Optoelectronics Corp., Taiwan's second-largest maker of liquid-crystal displays, invested NT$1.5 billion ($46 million) for a controlling stake in a group supplier of screen-parts used in phones and cameras. Full Story

LDK solar wins five-year supply order from Solartech

The China Post - LDK Solar Co., a Chinese manufacturer of silicon material for solar cells, said it won a five-year supply contract from Taiwan panel-maker Solartech Energy Corp. Full Story

Mediatek shares rise to record on Sony order report

The China Post - Mediatek Inc., Taiwan's largest semiconductor designer, rose to a record in Taipei trading after a newspaper reported the company received orders from Sony Corp. Full Story

Cathay Financial shares up after China United deal

The China Post - Cathay Financial Holding Co., Taiwan's largest financial group, climbed to a two-month high in Taipei after agreeing to take over China United Trust & Investment Corp. The stock rose NT$1.60, or 2 percent, to NT$83.40 at the 1:30 p.m. local time close, the highest since July 31. Full Story

ROC to revise laws on letting exchanges merge

The China Post - Taiwan's Cabinet plans to revise the island's laws to allow the merger of the futures and stock exchanges to create a bigger and more competitive bourse. Full Story

Most Asian markets close lower

The China Post - Most Asian markets were lower Wednesday, although Japanese shares rose for their third straight session and Indian shares surged to a record close. Full Story

Shares close up 0.80 percent

The China Post - Taiwan share prices closed 0.80 percent up Wednesday as investors ignored Wall Street's mixed performance overnight, dealers said. Full Story

Taiwan to become mobile technology island: official

The China Post - The "Mobile-Taiwan" project will help the country realize its goal of transforming itself into a mobile technology hot spot, an economic official said Wednesday. Full Story

Cathay Financial to take over firm

The China Post - Cathay Financial Holding Co., Taiwan's largest financial group, agreed to take over China United Trust & Investment Corp., after the company was put under government oversight in March because its liabilities exceeded assets. Full Story

AmCham urges focus on economic issues

The China Post - "A shot across the bow" -- that's how AmCham Executive Director Richard Vuylsteke described the conclusions of the World Bank's Doing Business 2008 report. Full Story

Taiwan stocks rise to two-month high

The China Post - Taiwan's stocks rose to a two-month high yesterday after the Dow Jones Industrial Average climbed to a record, signaling strengthening confidence that credit-markets turmoil is over. Taiwan Semiconductor Manufacturing Co. paced gains. Full Story

MOU inked to make driver safety system

The China Post - A memorandum of understanding to develop a new driver safety sensor system has been signed by the Hsinchu-based Industrial Technology Research Institute (ITRI) and Hwa-chuang Automobile Technical Center Co., sources from both sides disclosed yesterday. Full Story

Taiwan to sell off NT$5.5 bil. shares to fund annual budget

The China Post - Taiwan's government plans to raise about NT$5.52 billion selling shares of China Steel Corp. and Central Reinsurance Co. The sale is to help fund the government's budget for this year, a newspaper said yesterday. Full Story

China Airlines names Ringo Chao chairman

The China Post - China Airlines, Taiwan's largest air carrier, appointed Ringo Chao as chairman, replacing Philip Wei, a company spokesman said. Full Story

Asian markets rally after Wall St. surge

The China Post - sian markets rallied Tuesday as investors were heartened by news of a record close overnight on Wall Street amid fading worries over the U.S. credit crisis. Benchmark indexes in Hong Kong, Singapore, South Korea and Australia all hit records. Full Story

Shares 1.42% higher after Wall Street record

The China Post - Taiwan share prices closed 1.42 percent higher Tuesday as ample liquidity spurred on a rally triggered earlier by Wall Street's solid advance overnight to a record finish, dealers said. Full Story

Uni Airways opens route for Taichung-Ho Chi Minh City

The China Post - Taiwan-based Uni Airways launched its first charter flight from Taichung Airport in central Taiwan to Ho Chi Minh City in Vietnam yesterday. Full Story

German Cultural Center Presents a Different Image of Germany

The China Post - The German Cultural Center (Deutsches Kulturzentrum) Taipei is anything but ordinary. A testament to German creativity and design, sleek lines in mahogany and glass blend together in a contemporary chic motif. No sharp corners typical of a workplace are in sight-every space flows in harmony with the rest. Full Story

AHK Serves as The Bridge Between Taiwanese and German Business

The China Post - Efficiency, high quality standards, and environmental consideration. These are some of the principles that the German Trade Office in Taipei (AHK) actively works to transplant from Germany into Taiwan, according to Andreas Gursch, acting director of AHK. "Germany is known for sustainable, high quality products with no impact on the environment." Full Story

DAAD Head Indicates Taiwanese Students in Germany Increase Each Year

The China Post - As a major world power, Germany is a leader in many fields, among which high-quality engineering and technology are perhaps the most salient. Full Story

CBC may raise key rates further: Perng

The China Post - Taiwan's economy remains in good shape following three years of interest-rate increases to contain inflation, central bank Governor Perng Fai-nan said yesterday. Full Story

Gasoline, diesel see record price hike

The China Post - State-run CPC Corp., Taiwan announced yesterday evening that its domestic sales prices for gasoline and diesel oil will be hiked by NT$1.3 and NT$1.4 per liter, respectively, effective from 12:00 a.m. this morning, to reflect increased oil import costs. Full Story

Probe launched into noodle-maker prices

The China Post - The Fair Trade Commission under the Executive Yuan will launch an investigation into possible price-rigging by several instant noodle makers, Cabinet spokesman Shieh Jhy-wei said yesterday. Full Story

Passenger volume on domestic flights down 22.14% in Jan.-June

The China Post - The inauguration of the high speed railway has greatly affected domestic air carriers, with the number of passengers on domestic flights in the first half of this year declining 22.14 percent over the figure for the same period last year, the Ministry of Transportation and Communications (MOTC) reported yesterday. Full Story

III to hold open bidding for licenses, patent sales

The China Post - The Institute for Information Industry (III) will hold open bidding on patent sales and license agreements on 127 cases involving 199 projects on crucial software technology, III Executive Vice President Huang Yen-nun said yesterday. Full Story

Taiwan's EVA Air set to go non-stop to New York

The China Post - EVA Air, Taiwan's leading international carrier, said Monday it will launch non-stop service three times a week from Taipei to New York beginning on December 4. Full Story

Asian markets modestly higher

The China Post - Asian markets rose modestly Monday, with stocks in Japan mixed after the release of a survey of corporate sentiment. Trade was light in many markets due to public holidays in China and Hong Kong. Full Story

Shares inch up on non-tech buys

The China Post - Taiwan shares rose slightly Monday, supported by investors buying non-tech issues. Full Story

ICDF, IDB to offer home loans to Ecuadorian expats

The China Post - The International Cooperation and Development Fund (ICDF) under the Ministry of Foreign Affairs (MOFA) will cooperate with the Inter-American Development Bank (IDB) in offering loans to encourage Ecuadorian expatriates to return home to purchase houses in Ecuador, an ICDF official said yesterday. Full Story

Jiangsu wage hike forces ROC makers inland

The China Post - In an effort to cushion the impact of an immediate 13.3 percent hike on basic monthly wage for workers in Jiangsu Province, China-Taiwan enterprises operating in some tier-one cities in the province are mulling moving their production lines to inland Chinese provinces or Vietnam. Full Story

Managers still bullish for U.S. market

The China Post - Manager bullishness for the U.S. equity market remained strong despite recent volatility in the financial markets and the wave of credit concerns that struck this summer, according to the latest Investment Manager Outlook, Russell Investment Group's quarterly survey of investment managers. Full Story

84% of office workers want to enter high-tech industry

The China Post - Nearly 84 percent of office workers who responded to a recent survey expressed their desire to enter the high-tech industry, according to the survey results released Saturday. Full Story

Taiwan to invest more pension funds

The China Post - Taiwan plans to invest 30 percent of the larger of its two pension funds into the local stock market next year, up from 22.26 percent now, a senior government official said Saturday. Full Story

Taiwan fortifies relationship with Swaziland

The China Post - King Mswati III of Swaziland told guests attending a luncheon in a New York hotel Friday that Taiwanese businessmen in Swaziland have not only made investments but also friends in Swaziland, and said Swaziland and Taiwan "will always understand each other and share feelings." Full Story

Pingtung to set up world's first animal vaccine lab zone: official

The China Post - The Pingtung Agricultural Biotechnology Park, eyeing the significant growth potential of the animal vaccine industry, plans to set up the world's first factory zone dedicated to the development and production of such vaccines, a park administration official said Sunday. Full Story

Gov't vehicles in Taipei begin to run on biofuel

The China Post - Minister of Economic Affairs Steve R.L. Chen activated a "green government vehicle" program Saturday, kicking off an order that all vehicles owned by the central government and the Taipei municipal government have to use E3 biofuel from that day on. Full Story

Food fair of Taiwanese farm products held in Hong Kong

The China Post - A food fair of Taiwanese agricultural products organized by the Taipei World Trade Center (TWTC) was launched Friday at the Wing On Department Store in Hong Kong, with 56 products shown for the first time in the special administrative region of China. Full Story

Central bank may raise rates: Perng

The China Post - Taiwan's central bank may raise its key interest rate further to contain increasing inflation risk, Governor Perng Fai-nan indicated. Full Story

Kaohsiung Harbor to build 16m deep-water terminal

The China Post - Taiwan's Kaohsiung Harbor on Friday commissioned the Yangming Marine Corps to build a 16-meter deep-water container terminal to boost the harbor's declining competitiveness. Full Story

Shares close 0.69% higher

The China Post - Taiwan share prices closed 0.69 percent higher Saturday as liquidity-driven buying outweighed Wall Street's overnight fall due to caution ahead of October's U.S. corporate earnings reports, dealers said. Full Story

Taiwan dollar rises on exporters, foreign funds

The China Post - The Taiwan dollar hit a nine-month closing high Saturday as exporters and foreign institutions sold U.S. dollars, and after the central bank's comments that hinted at more interest rate rises. Full Story

Asustek to put nine OEM units into two new firms

The China Post - Taiwan's Asustek Computer, the world's top motherboard maker, Saturday unveiled a reorganization plan that will move nine of its contract manufacturing units into two new companies. The move was part of the firm's broader plan announced in July to split its contract manufacturing from its branded businesses. Full Story

Uni-President shares rise on report of China venture

The China Post - Uni-President Enterprises Corp. shares rose to a record Saturday on a report Taiwan's biggest processed-food maker will take a stake in a Chinese company to make non-woven fabrics and hygiene paper. Full Story

Hong Kong, China hit records as Japan slips

The China Post - Asian markets were mixed Friday, with Hong Kong and China stocks rising to records, while shares in Japan slipped as investors sold real estate and insurance companies following a three-day gain. Full Story

Shares close little changed as gains eroded

The China Post - Taiwan share prices closed little changed Friday as late profit-taking eroded gains spurred by Wall Street's overnight advance and purchases by institutional investors, dealers said. Full Story

34% of manufacturers hope for stable political situation: poll

The China Post - Approximately 34 percent of local manufacturers who responded to a recent survey said that maintaining political stability is what they most like to see the government do to improve the domestic investment climate, according to the results of the poll released Friday by the Ministry of Economic Affairs (MOEA). Full Story

Shanghai, Singapore, Tokyo property seen as top buys in Asia-Pacific region

The China Post - Shanghai, Singapore and Tokyo are regarded as the top three most promising Asia-Pacific cities for real estate investment, a report said Friday. Full Story

EVA Airways to cancel Taipei-Paris passenger flight service

The China Post - The Taipei-based EVA Airways Corp. said yesterday it will suspend Taipei-Paris passenger services from Nov. 23 due to increased fees for over-fly routes and rising operating costs. Full Story

Chicken price rises to lead more beef hikes

The China Post - Taiwan's consumers, who have been besieged with seemingly endless price increases in various commodities, are now also encountering a steep hike in the prices of imported food products like chicken and beef. Full Story

Far Eastone sees WiMax by early 2009

The China Post - Taiwan's second-largest telecoms carrier, Far Eastone Communications Co. Ltd., said Friday it plans to roll out commercial WiMax services by the end of 2008 or early 2009. Full Story

NT$ nears 9-month high on central bank, funds

The China Post - The Taiwan dollar strengthened to its highest level in nearly 9 months Friday, boosted by the central bank, foreign institutions and exporters selling U.S. dollars. Full Story

Taiwan central bank to ensure inflation stays steady

The China Post - Taiwan's central bank said Friday it will take appropriate measures to ensure that the island's inflation remains steady, a week after it raised interest rates to a six-year high. Full Story

Formosa Petro shuts No. 2 ethylene plant

The China Post - Formosa Petrochemical Corp., Taiwan's only publicly traded oil refiner, shut its No. 2 ethylene plant in Mailiao for maintenance on Sept. 26. Full Story

TPV shares surge most in four years on stake sale

The China Post - TPV Technologies Ltd., the world's largest contract maker of computer monitors, jumped the most in four years on the Hong Kong stock exchange after Chi Mei Optoelectronics Corp. agreed to buy a stake in the company. Full Story

Winbond gets NT$5 billion loan to buy plant equipment

The China Post - Winbond Electronics Corp. said it agreed to borrow NT$5 billion (US$153 million) from eight domestic banks to help the Taiwanese chipmaker buy equipment for a new chip factory. Full Story

Sony buying HDTV chips from TSMC

The China Post - Consumer electronics giant Sony Corp. has started buying TV chips from Taiwan's TSMC and also aims to buy cellphone chips from the world's largest contract chip maker, industry sources said. Full Story

Taiwan's Innolux aims for 4th quarter GDR offering up to US$1.3 billion

The China Post - Taiwan's Innolux, the world's No. 2 maker of LCD monitors, aims to float as much as US$1.3 billion in global depositary receipts (GDRs) in the fourth quarter, a source familiar with the situation said yesterday. Full Story

Taiwan-China January-July trade up 14.3 percent

The China Post - Bilateral trade between Taiwan and China in the seven months to July rose 14.3 percent from the same period a year earlier to US$55.54 billion on increasing economic exchanges, Taiwan's Board of Foreign Trade said Friday. Full Story

Nokia Siemens wins Taiwan network deal

The China Post - Nokia Siemens Networks said Friday it had won an order from Taiwan's Chunghwa Telecom for a 3G mobile network expansion, worth 61.5 million euros. Full Story

Poll: Stable jobs are top dreams of office singles

The China Post - Just over 71 percent of single office workers responding to a recent survey believe a good financial situation is crucial to leading a happy life and dream of holding a stable job and of saving over NT$10 million (US$303,950), according to survey results released yesterday. Full Story

Taiwan wind-power to be lifted 10-fold

The China Post - 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. Full Story

Trans Asia offers cheap Taipei-Kaohsiung flight

The China Post - Domestic airlines are rushing to announce sharp price cuts for Taipei-Kaohsiung flight services to compete with the high speed railway system, with prices falling to around 50 percent of their original prices. Full Story

Investor sees 'new beginning' for Sino Swearingen

The China Post - Jet maker Sino Swearingen Aircraft Co. hopes to emerge from months of uncertainty by bringing on a new investor. Full Story

ITRI releases 233 patents for green energy

The China Post - The Industrial Technology Research Institute (ITRI) has decided to release 233 patents in the fields of solar energy conversion, energy storage and energy saving solutions to local manufacturers, officials at the Hsinchu-based institute disclosed yesterday. Full Story

Chi Mei to pay HK$811.2 mil. for TPV holding

The China Post - Chi Mei Optoelectronics Corp., Taiwan's second-largest liquid-crystal display maker, said it will pay about HK$811.2 million (US$104.6 million) for a stake in monitor maker TPV Technologies Ltd. as part of a supply alliance. Full Story

Foxconn shares gain on Motorola order rumor

The China Post - Foxconn International Holdings Ltd., the world's largest contract manufacturer of mobile phones, rose the most in 16 months in Hong Kong trading on speculation its customer Motorola Inc. is increasing parts orders.Full Story

Slowdown signs emerge for housing market

The China Post - Following four years of bullish development, Taiwan's housing market appears to be on the brink of slowing down, as reflected by some indicators issued by the government.Full Story

Seed-testing lab obtains ISTA re-accreditation

The China Post - The Seed Testing Laboratory (STL) under the Council of Agriculture (COA) has obtained a certificate of re-accreditation from the International Seed Testing Association (ISTA) in recognition of its competence, a COA official said yesterday. Full Story

Benchmark index advances 1.7% following Wall St. gains

The China Post - Taiwan shares rose across the board on Thursday following overnight Wall Street gains. The Weighted Price Index of the Taiwan Stock Exchange rose 156.18 points, or 1.7 percent, to close at day's high of 9,413.65 in heavy volume.Full Story

Tax revenue pie for local govts sharply expanded

The China Post - The Cabinet yesterday approved a set of draft revisions to the bill governing tax budget allocation, greatly expanding the tax revenue pie for local county and city governments by NT$100 billion to the level of NT$270-280 billion from the existing NT$180 billion. Full Story

World Bank: Singapore is most c-friendly

The China Post - For the second year in a row, Singapore was ranked the world's easiest place to do business, followed by New Zealand and the United States, the World Bank's annual "Doing Business" report said Wednesday. Full Story

United States Supreme Court to rule on LG technology patent case

The China Post - The Supreme Court said Tuesday it will consider a technology patent case that could have far-reaching ramifications for computer makers and other industries with global supply chains. Full Story

Locals may suffer 10% hike in commodities

The China Post - Locals will be affected by higher living costs next month, as prices for such daily commodities as flour, soy sauce and salad oil are poised to rise by over 10 percent to reflect international price hikes on raw agricultural materials such as wheat, soybean, and corn, according to market sources. Full Story

Motech Industries signs supply deal with Wacker Chemie

The China Post - Taiwan's Motech Industries said it had signed a 10-year silicon supply deal with Germany's Wacker Chemie AG, the world's second-largest maker of silicon for chips and solar cells, Motech said on Wednesday. Full Story

Asian firms do poorly on the environment

The China Post - Asian companies scored poorly on "clean and green" awareness, a group that promotes corporate governance in Asia said Wednesday. Full Story

Taiwan display makers gain on rising small panel prices

The China Post - AU Optronics Corp. and other liquid crystal display makers gained in Taipei share trading after prices of smaller panels rose for the first time in two years. Full Story

TSMC to pay US$30.5 million in damages to United States firm

The China Post - Taiwan Semiconductor Manufacturing Co. (TSMC), said yesterday a California court had ordered it to pay U.S.-based UniRAM Technology Inc. US$30.5 million over misuse of trade secrets. Full Story

HSBC to open Taiwan insurance operation

The China Post - HSBC Holdings, Europe's biggest bank, said Wednesday it will open an insurance business in Taiwan as it aims to tap into the fourth-biggest insurance market in Asia. Full Story

Chia Hsin Cement shares up on Credit Suisse report

The China Post - Chia Hsin Cement Corp. shares gained after Credit Suisse Group initiated coverage on Taiwan's fourth largest cement maker with an "outperform" rating. Full Story

Shares close up at 1.67 percent

The China Post - Taiwan share prices closed 1.67 percent higher Wednesday ahead of the expiry of futures contracts later in the week, dealers said. Full Story

India's Sensex rises above 17,000 for 1st time

The China Post - Most Asian markets rose Wednesday as Japanese stocks advanced modestly on higher finance shares. India's benchmark stock index crossed 17,000 for the first time Wednesday after zooming up 1,000 points in just six sessions since the U.S. Federal Reserve cut its key interest rate last week. Full Story

NSC to feature new technology at International Invention Show

The China Post - More than 360 examples of new technology will be displayed at the annual Taipei International Invention Show and Technomart, which will run from Sept. 27-30, the National Science Council (NSC) announced yesterday. Full Story

Sleeping woman left on Northwest Airlines plane

The China Post - A Taiwanese woman was too sleepy to realize that she was left behind in an empty cabin of a Northwest Airlines plane until her absent-minded boyfriend alerted authorities 30 minutes later, local news media reported yesterday. Full Story

TAIEX likely to rise after China holiday

The China Post - Foreign investors are expected to turn to Taiwan after the Mid-Autumn Festival, giving the sluggish stock market a stimulus needed to recover the shock of the American subprime crash. Full Story

Dollar pauses close to record low against steady euro

The China Post - The dollar hovered just above its record low against the euro in Asian trade on Tuesday as the market looked for clues on whether U.S. interest rates could fall further, dealers said. Full Story

CEPD: 35.9 percent of budget to go toward

The China Post - The government will allocate 35.9 percent of its next year's total public construction budget, or NT$143.9 billion, for petroleum and electricity facilities, economic officials said yesterday. Full Story

Hsinchu Science Park exports set record

The China Post - The Hsinchu Science Park set a single-month record for exports in August at NT$62.07 billion, thanks to a boom in the integrated circuit (IC) and optoelectronics sectors. Full Story

Double-digit export growth forecasted

The China Post - The Board of Foreign Trade (BOFT) said yesterday Taiwan's exports will register a double-digit growth in 2007, dismissing forecast by a local think tank saying the island's exports will only grow by 7.41 percent. Full Story

Taipei housing confidence at four-year low

The China Post - Taipei housing market confidence dropped to its lowest in almost four years because of rising prices, a Taiwan government-sponsored survey showed. Full Story

Local bourse seen to trend up in fourth quarter

The China Post - Institutional investors are expecting the Taiwan Stock Exchange to trend upward in the fourth quarter of the year, and are likely to zero in on high-tech shares, electronics stocks and China-concept issues after the Moon Festival falling on Sept. 25, according to market sources. Full Story

Taiwan software firms to tap Southeast Asian markets

The China Post - A software sector delegation, organized by the quasi-official Taiwan External Trade Development Council (TAITRA), will undertake fact-finding visits to Vietnam and Thailand early next month to explore trade opportunities, a TAITRA official said yesterday. Full Story

Taiwan promoting agricultural products through online system

The China Post - Taiwan has been introducing a variety of agricultural products to foreign buyers via an online system at various international trade fairs, an official said yesterday. Full Story

OCAC seeks investment from overseas Taiwanese

The China Post - The Cabinet-level Overseas Compatriot Affairs Commission (OCAC) is organizing a delegation of overseas Taiwanese businessmen to visit Taiwan to seek investment opportunities, an OCAC official said yesterday. Full Story

Telecom regulatory forum slated for October 3-4 in Taipei

The China Post - A telecommunications and broadcasting regulatory forum is scheduled to be held Oct. 3 to 4 at the National Central Library under the auspices of National Communications Commission (NCC) and the Taiwan Telecommunication Industry Development Association (TTIDA), an NCC official announced yesterday. Full Story

Taipei station to become solar power model

The China Post - The state-run Taiwan Railway Administration (TRA) is planning to turn the Taipei Railway Station into a model of energy conservation by harnessing solar power. Full Story

Taipei investigation reveals detergent refill bag mark-up

The China Post - A Taipei City consumer protection officer yesterday demanded that liquid detergent refill bags that exceed the price of their bottled counterparts be taken off the market within a week. Full Story

No water, electricity price hikes, Cabinet official says

The China Post - The government will not raise water and electricity rates, despite skyrocketing oil prices, a Cabinet official said yesterday. Full Story

Banks start raising mortgage interest rates

The China Post - Bank SinoPac and Taishin International Bank took the lead to raise their interest rates for mortgage loans to reflect the higher capital cost after the Central Bank of the Republic of China (Taiwan) -- CBC -- increased its benchmark interest rate for financial institutions starting yesterday. Full Story

NT$ at 1-month high on rate hike, exporter deals

The China Post - The Taiwan dollar strengthened to a one-month high yesterday after the Central Bank of China (CBC) raised interest rates and sold U.S. dollars, and on exporters' deals ahead of a long holiday weekend. Full Story

ROC jobless rate matches 9-month low of 3.87 percent

The China Post - Taiwan's jobless rate remained at 3.87 percent in August, matching a nine-month low, as manufacturers including AU Optronics Corp. hired workers to meet rising export demand. Full Story

Acer to go ahead with purchase of Packard Bell through Gateway

The China Post - Taiwanese computer vendor Acer will go ahead with the purchase of Paris-based PC maker Packard Bell through U.S. group Gateway which it recently bid for, Acer's president said Friday in Madrid. Full Story

Taiwan August export orders at record high

The China Post - Taiwan's export orders in August rose to a record high US$30.49 billion, compared with US$29.72 billion in July, the economics ministry said Friday. Full Story

Taiwan to sell NT$130 bil. of general, parks debt

The China Post - Taiwan's government plans to sell NT$100 billion (US$3 billion) of bonds to help fund spending in the fourth quarter, the Finance Ministry in Taipei said Friday in a statement on its Web site. Full Story

Formosa Plastics gains on speculation sales will rise

The China Post - Formosa Plastics Corp., the world's second-largest maker of polyvinyl chloride, or PVC, rose to the highest in at least 15 years in Taipei trading on expectations sales will climb. Full Story

Powerchip invests further in Rexchip chip venture

The China Post - Powerchip Semiconductor Corp., Taiwan's largest memory-chip maker, will invest an extra NT$5 billion (US$152 million) in its venture with Elpida Memory Inc. Full Story

Central bank raises key rates by 0.125%, despite Fed cut

The China Post -- It seems the central bank has taken a conservative approach in setting its monetary policy as it raised key interest rates for a 13th consecutive quarter, citing inflationary concerns. Full Story

South Korea, Taiwan miss FTSE upgrade again

The China Post -- Global index compiler FTSE again dashed hopes that South Korea and Taiwan would be upgraded to developed market status, saying more work was needed to improve foreign investor access. Full Story

Medco technician admits to 'logic bomb'

The China Post -- A former employee of Medco Health Solutions Inc., the biggest U.S. manager of drug benefits, pleaded guilty to charges that he engaged in a failed plot to sabotage company computers by hiding a destructive code. Full Story

Supply of E3 ethanol-blended gasoline to start on Sept. 29

The China Post -- Starting Sept. 29, eight gas stations in Taipei of the state-run CPC Corp. Taiwan will supply E3 ethanol-blended gasoline, in line with the government's efforts to reduce emissions of carbon dioxide, officials with the Energy Commission under the Ministry of Economic Affairs said yesterday. Full Story

The Council of Agriculture carries out trial planting of corn for biomass energy

The China Post -- The Council of Agriculture (COA) has carried out a trial planting of corn on 300 hectares of fallow farmland in Chiayi County, southern Taiwan to be used as raw material for the production of biomass energy, COA Chairman Su Jia-chyuan said yesterday. Full Story

AmCham holds discussion on employee assistance programs

The China Post -- Corporations are increasingly implementing employee assistance programs to enhance the skills as well as the well-being of employees, said speakers at a discussion held by AmCham yesterday. Full Story

Taiwan's real salary increase to reach 3.1 percent for '08

The China Post -- The real salary increase in Taiwan is expected to register 3.1 percent for 2008, the fourth lowest increase among 13 Asia-Pacific economies surveyed, according to a report published recently by a global consulting firm. Full Story

Arima to sell notebook, server ops to Flextronics

The China Post -- Taiwan's Arima Computer said yesterday it has signed a letter of intent with Flextronics to sell its notebook PC and server operations to Flextronics for US$191.5 million. Full Story

Formosa to restart one cracker, shut down another

The China Post -- Taiwan's Formosa Petrochemical Corp. has restarted its 700,000 tons per year (tpy) No.1 naphtha cracker but will skip spot buying for November as it plans to shut down another naphtha unit, a company source said yesterday. Full Story

Forbes: Taiwan leads China on list of best Asian SMEs

The China Post -- Technology firms dominated as Taiwan led China in a list of the best 200 Asian companies with annual revenues of under US$1 billion, Forbes Asia business magazine said yesterday. Full Story

Asian markets rise, buoyed by Wall Street

The China Post -- Most Asian markets rose Thursday, lifted by overnight gains in commodity prices and a further rise on Wall Street on this week's larger-than-expected cut in the key U.S. interest rate. Full Story

Shares up 0.63 percent; off highs

The China Post -- Taiwan share prices closed up 0.63 percent Thursday but off highs as pre-holiday caution put a lid on an early rally driven by extended gains on Wall Street, dealers said.Full Story

AmCham celebrates its 56th anniversary with style

The China Post - The American Chamber of Commerce in Taipei -- Taiwan's oldest, biggest and most influential grouping of foreign business on the island -- celebrated its 56th anniversary at the elegant National Taiwan Museum last night. Full Story

All eyes on Taiwan's central bank after Fed rates cut

The China Post - Now that the U.S. Federal Reserve has cut key interest rates by half of a percentage point, all eyes are on Taiwan's central bank to see whether it will follow suit. Full Story

Shares close up 0.3 percent after rates cut

The China Post - Taiwan share prices closed 0.3 percent higher Wednesday as late profit-taking limited gains propelled by Wall Street and the U.S. Federal Reserve's larger-than-expected interest rate cut, dealers said. Full Story

E.Sun's debt downgraded by Moody's in first Taiwan cut

The China Post - E.Sun Commercial Bank's structured bonds had their credit ratings reduced by Moody's Investors Service, with one tranche of the debt cut to junk status from the top investment grade. Full Story

HP to double Taiwan headcount, boost R&D

The China Post - Hewlett-Packard Co., the world's top PC maker, said yesterday it will double the number of employees in Taiwan by 2009, part of a strategy to move more product development to the world's top PC-manufacturing hub. Full Story

Report: China's trade with Taiwan up 13%

The China Post - China's trade with Taiwan rose 13 percent to US$77.5 billion (euro55.5 billion) the first eight months of this year compared with the same period a year ago, a state news agency said Wednesday. Full Story

Cathay best-performing financial firm: survey

The China Post - Cathay Financial Holding Co. has been ranked as the best-performing financial holding company in Taiwan for the third consecutive year, according to the results of a survey released yesterday. Full Story

Great Taipei Gas gains as company may raise prices

The China Post - The Great Taipei Gas Corp. yesterday rose by the maximum daily movement allowed by the Taiwan Stock Exchange because the city gas company may raise prices next year. Full Story

High Tech shares rise on Sony Ericsson order report

The China Post - High Tech Computer Corp., the largest maker of handsets using Microsoft Corp.'s Windows operating system, gained the most in two weeks after a report the company won orders from Sony Ericsson Mobile Communications Ltd. Full Story

Taiwan sells NT$40 billion in ten-year bonds

The China Post - Taiwan's government sold NT$40 billion in 10-year bonds at a yield of 2.42 percent, lower than the rate of return from the last sale of comparable debt. Full Story

Taiwan economy better than Korea's: Chen

The China Post - President Chen Shui-bian yesterday rebutted criticism by the opposition that Taiwan's economy has worsened over the past seven years under his leadership. Full Story

Taiwan's digital opportunities now rank 7th worldwide: CEPD

The China Post - Taiwan's digital opportunities are now rated seventh best in the world,thanks to the country's ever-narrowing digital divide, officials at the Council for Economic Planning and Development (CEPD) said yesterday. Full Story

Taiwan-UK confab on telecare held to share experience

The China Post - Experts from the public and private sectors of the U.K. and Taiwan shared experience and expertise on the telecare industry Tuesday during an international conference. Full Story

Goldman, Lehman get bargain fees for merger

The China Post - Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. are getting less than half the minimum fees typically charged for arranging a US$3 billion Taiwan banking merger, three people familiar with the terms of the deal said. Full Story

Taiwan Mobile seeks United States, European investors

The China Post - Taiwan Mobile Co., the island's second-largest mobile phone operator by subscribers, is looking for a strategic investor from the U.S. or Europe to buy a 27 percent stake in the company. Full Story

Taiwan-Thailand confab opens in Bangkok

The China Post - The 18th Taiwan-Thailand economic cooperation conference was held in Bangkok yesterday on the theme of goods distribution and technological cooperation. Full Story

Typhoon break makes banks tender foreign currency

The China Post - Taiwan's central bank offered 20 banks foreign currency yesterday because financial markets were closed due to Typhoon Wipha. Banks were offered US$3.06 billion in U.S. dollars and 2 billion yen (US$17.4 million), the central bank said in a faxed statement. Full Story

New biotech firm TaiMed soliciting investors

The China Post - TaiMed Biologics, a newly established biotechnology firm with the backing of government funding, has clarified that the company has no intention of competing with private companies for profits. Full Story

Korea Importers Association delegation to hold Taipei procurement meets

The China Post - A delegation of the Korea Importers Association (KOIMA) is scheduled to arrive in Taipei Tuesday to hold procurement meetings with local manufacturers and suppliers, the quasi official Taiwan External Trade Development Council (TAITRA) announced Monday. Full Story

Taiwan trade delegation arrives to explore Panama

The China Post - A Taiwan trade delegation organized by the Ministry of Economic Affairs (MOEA) and the Taiwan External Trade Development Council (TAITRA) arrived in Panama Sunday to conduct procurement and examine the investment climate of the Central American country. Full Story

Power generation in first seven months up 3.6%

The China Post - Taiwan's total electric power generation for the first seven months of this year reached 139.5 billion kilowatts-hour, up 3.6 percent from the same period of 2006, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. Full Story

Warburg Pincus says it 'won't intervene'

The China Post - Private equity firm Warburg Pincus, which will buy local TFT-LCD maker Chunghwa Picture Tubes for US$250 million in convertible bonds, will not intervene in Chunghwa's operations as a result of the deal, said Lin Wei-shan, chairman of the flat-panel maker. Full Story

Carlyle, Gable to invest in Ta Chong

The China Post - The Carlyle Group has teamed up with Cayman Islands-registered Gable Holdings Inc. to invest NT$21.5 billion in Taiwan's Ta Chong Bank Ltd., the island's financial regulator said. Full Story

Uni-President hits record on possible profit gain

The China Post - Uni-President Enterprises Corp., Taiwan's biggest processed-food maker, yesterday climbed to a record in Taipei on expectations that earnings from China will rise. Full Story

Shares fall ahead of Fed meeting

The China Post - Taiwan shares fell Monday as investors stayed on the sidelines ahead of the U.S. Federal Reserve meeting on interest rates this week. Full Story

Warburg Pincus to buy CBs in Taiwan LCD maker

The China Post - Warburg Pincus will buy US$250 million in convertible bonds from Taiwan's Chunghwa Picture Tubes, in the first private equity investment by a major firm in the fast-growing LCD industry, Chunghwa's advisor said yesterday. Full Story

Int'l Barcode of Life confab to open

The China Post - The Second International Barcode of Life Conference and Regional Collaborative Meetings for East Asia will be held from today to Sept. 21 in Taipei under the auspices of Academia Sinica's Research Center for Biodiversity (RCB) and the Consortium for the Barcode of Life (CBOL). Full Story

Consortium to take over ROC's Primax

The China Post - A consortium led by a Taiwanese private equity firm said Sunday that it had acquired a 70-percent stake in leading computer accessories maker Primax Electronics Ltd. for US$185.5 million. Full Story

Investment firms chosen to manage pension fund

The China Post - Taiwan has selected 10 investment trusts to manage NT$30 billion under the government's labor pension fund, possibly clearing the way for investment in the stock market before the end of the year. Full Story

India investment expects rapid growth

The China Post - Investment by private Taiwan companies in India is expected to grow by leaps and bounds in the years to come, given that bilateral business and trade exchanges have grown rapidly in recent years, an Indian trade source said Wednesday. Full Story

The Straits Exchange Foundation seeks talks with China on investment protection

The China Post - The Straits Exchange Foundation (SEF) Taiwan will try to negotiate with China on protection of the investment interests of Taiwanese businessmen operating in China, You Ying-long Vice Chairman and Secretary-General of the Straits Exchange Foundation (SEF) said Sunday. Full Story

TSMC's Chang talks high-tech development

The China Post - There is still much to be done in the fields of improving investment environment, cultivating talents, encouraging innovation, and providing a mature and sound legal framework if Taiwan aims to stay ahead of global competition, according to Chairman Morris Chang of Taiwan Semiconductor Manufacturing Co. (TSMC). Full Story

'New media shaking up public relations industry'

The China Post - Len Apcar, chief editor of the New York Times, once intoned that, "Newspapers, in the traditional sense are dead. PR people have an opportunity to create content that will be delivered to consumers and embraced by the media." The South China Morning Post, in an editorial, chimed in that, "Blogs and sites like Wikipedia have become the thinking man's graffiti." Full Story

Taipower to sell NT$10 bil. of bonds to fund expansion

The China Post - Taiwan Power Co., the island's biggest electricity producer, plans to sell NT$10 billion (US$302 million) of five-year secured bonds in a public tender next week to help fund construction of power plants and upgrades of grid. Full Story

Gov't to stop banks using derivatives for mergers

The China Post - Taiwan plans to amend its rules to prevent banks from using derivatives trading for mergers or acquisitions, the island's Financial Supervisory Commission said. Full Story

Hewlett-Packard reduces computer orders: Goldman

The China Post - Hewlett-Packard Co., the world's largest maker of personal computers, cut desktop PC orders for the fourth quarter, Goldman, Sachs & Co. said in a report, citing unidentified industry officials. Full Story

Grand Hall presents new X-Series outdoor kitchen

The China Post - Multinational gas barbecue manufacturer Grand Hall introduced a new product at Cologne's Spoga Exhibition Sept. 2-4 -- an outdoor kitchen designed and developed with the support of Porsche experts. Full Story

The Mainland Affairs Council warns of 'high risk' of investing in China

The China Post - The Mainland Affairs Council (MAC) yesterday warned of the "high risks" of investing in China following a high profile dispute involving the island's largest retailer and its Chinese partner. Full Story

Shares rise on Wall Street gain

The China Post - Taiwan shares rose Friday on Wall Street's overnight gain. The Weighted Price Index of the Taiwan Stock Exchange climbed 104.21 points, or 1.17 percent, to 9031.63. Full Story

Nikkei jumps 2%; HK hits record

The China Post - Asian markets advanced Friday, buoyed by overnight gains on Wall Street amid hopes that the U.S. Federal Reserve will cut interest rates next week. Hong Kong soared to its third straight record close. Full Story

Crackdown on toxic toys to continue

The China Post- The Ministry of Economic Affairs (MOEA) yesterday criticized mainland China for making and importing hazardous, substandard toys to Taiwan and reiterated its resolve to crack down on these toys. Full Story

Marks and Spencer to open Taipei store

The China Post- As part of a bold entry into the local fashion retail market, the iconic UK clothing chain Marks and Spencer (M&S) will open its second store in Taiwan at Tonlin Plaza. Full Story

LG.Philips wins added damages in patent suit

The China Post- LG.Philips LCD Co., the world's second-largest maker of liquid-crystal screens, was awarded additional damages in a patent lawsuit it won last year against Chunghwa Picture Tubes Ltd. Full Story

Foxconn expands Vietnam investments

The China Post- Taiwanese electronics giant Foxconn said Wednesday it will build a US$1.1 billon industrial center in northern Vietnam as part of a plan to invest a massive US$5 billion into the country, local media reported. Full Story

President Chain plans 200 supermarkets in Shandong

The China Post- Taiwan food giant President Chain Store Corp said yesterday it is planning to open 200 supermarkets in the northern Chinese province of Shandong by 2010. Full Story

Shares down 1 percent on oil concerns

The China Post- Taiwan share prices closed 1.01 percent lower Thursday on worries over high crude oil prices and Wall Street's lackluster performance overnight, dealers said. Full Story

Tokyo inches up; HK sets new record

The China Post- Asian markets were mixed Thursday, with Japanese shares inching higher amid political uncertainty after the prime minister announced his resignation a day earlier. Hong Kong shares rose to a new record, lifted by property stocks on hopes for a U.S. interest rate cut next week. Full Story

Annual 2007 Taipei Beer Festival kicks off Saturday

The China Post- The annual 2007 Taipei-Taiwan Beer Festival will be held Saturday at the historic Jianguo Brewery by the intersection of Jianguo N. Road and Bade Road in Taipei's Zhongshan District from 2 p.m. to 9:30 p.m. Full Story

Taichung International Leisure and Fine Food Show opens

The China Post- The 2007 Taichung International Leisure and Fine Food Show opened yesterday at the Taichung World Trade Center and is expected to attract more than 30,000 visitors during four days of exhibition. Full Story

CPA touts BOT sewerage projects to foreign firms

The China Post - The government is committed to making build-operate-transfer (BOT) sewerage projects attractive to foreign companies as it seeks to borrow from their experience in sewerage construction and maintenance, said the head of the Construction and Planning Agency yesterday. Full Story

Cabinet to invest in agricultural technology

The China Post - Premier Chang Chun-hsiung yesterday announced a NT$10 billion project aimed at stimulating investment in the development of innovative agricultural technologies. Full Story

Shin Kong ends row with Chinese partner

The China Post - A management row over a joint venture department store in Beijing between Taiwan's Shin Kong Mitsukoshi Department Store and Beijing Hualian Group was officially settled early yesterday morning after lengthy negotiations between both sides under the coordination of the Taiwan Affairs Office under China's State Council. Full Story

Cabinet bill calls for transparency of non-profits

The China Post - The Executive Yuan yesterday proposed a bill calling on non-profit organizations to make their financial information more accessible and transparent. Full Story

Taipower hires engineering firm after Shaw Group quits

The China Post - Taiwan Power Co. said it hired E&C Engineering Corp. to supply engineers and provide other staff after a Shaw Group Inc. subsidiary ended its contract to advise on construction of the island's fourth nuclear power plant. Full Story

Prudential to market insurance via Standard Chartered in ROC

The China Post - Prudential Plc, the U.K.'s second- biggest insurer, will sell policies through Standard Chartered Plc's 86 branches in Taiwan, the eighth market in Asia where the two companies have that arrangement. Full Story

Taiwan dollar to gain 3%: Standard Chartered

The China Post - The Taiwan dollar will strengthen more than 3 percent by the end of June 2008 because the central bank will increase interest rates as economic growth accelerates, according to Standard Chartered Plc. Full Story

Vietnam an opportunity, challenge: CNAIC

The China Post - The Chinese National Association of Industry and Commerce (CNAIC) said yesterday than Vietnam has become an opportunity and a challenge since it has joined the World Trade Organization (WTO) in January. Full Story

Stem cells restore blood vessels: research

The China Post - Mesenchymal stem cells in bone marrow have proven helpful in restoring damaged blood vessels, paving the way for a new therapy for stroke, myocardial infarction and avascular necrosis, orthopedists at Taipei Veterans General Hospital (TVGH) reported Wednesday. Full Story

Foxconn falls to year-low on first-half results

The China Post - Foxconn International Holdings Ltd., the world's biggest contract manufacturer of mobile phones, fell to the lowest in more than a year in Hong Kong trading after posting first-half profit that missed analysts' estimates. Full Story

Epistar shares jump on report of backlight shortage

The China Post - Epistar Corp., Taiwan's largest maker of light-emitting diodes used in mobile phones, climbed to a six-week high on Taipei's stock exchange after the Economic Daily News reported LED demand is outstripping supply. Full Story

Macronix may consider semiconductor factory

The China Post - Macronix International Co., which makes chips for customers including Nintendo Co., said it's considering building a new semiconductor factory. Full Story

Stock market rises with Wall Street recovery

The China Post - Taiwan shares rose slightly Wednesday, led by finance and electronics stocks as investors largely ignored a robust gain overnight on Wall Street. Full Story

Japanese prime minister resigns; Tokyo stocks fall

The China Post - Asian markets were mixed Wednesday, with Japanese shares falling on news of the prime minister's resignation, while Hong Kong shares rose to a record on hopes for an interest rate cut by the U.S. Federal Reserve. Full Story

Jobseekers face bleak hiring season

The China Post - Job seekers in Taiwan ready for another bleak hiring season in the final quarter of 2007 as the employment prospects on the island continue to dim with the fewest job opportunities available among major economies in the Asia-Pacific region. Full Story

Focus on clean mobility at Frankfurt show

The China Post - Car makers are presenting a flurry of new drive concepts at the 62nd International Motor Show (IAA) in Frankfurt from September 13 to 23 aimed at making cars of the future cleaner and safer. Full Story

Stocks close higher on electronics

The China Post - Taiwan's stocks rose, led by electronics makers, after Hon Hai Precision Industry Co. said August sales jumped more than a third to a record. Full Story

Markets mostly higher; traders cautious

The China Post - Asian markets limped through a sluggish day Tuesday to finish mostly higher, with traders wary ahead of an upcoming decision by the U.S. Federal Reserve on interest rates and following a volatile session on Wall Street overnight. Full Story

SEMICON Taiwan kicks off three-day trade show

The China Post - SEMICON Taiwan, a trade event for semiconductor equipment and materials makers, kicks off its three-day run today at the Taipei World Trade Center (TWTC), with a record number of exhibitors and booths this year. Full Story

Woodside confirms LNG talks with CPC

The China Post - Woodside Petroleum Ltd., Australia's second largest oil and gas producer, said it has held talks with Taiwan's CPC Corp. and other Asian buyers for liquefied natural gas sales and initial accords may be signed "soon." Full Story

Taipower to boost spending 9.1% in 2008 on plants, grid

The China Post - Taiwan Power Co., the island's biggest electricity producer, plans to increase spending on plants, power lines and other equipment by 9.1 percent next year to help prevent blackouts. Full Story

AIG expects to break even by 2008

The China Post - American International Group Inc. expects its wealth-management business in Taiwan, opened yesterday, to become profitable by the end of 2008, said Peter Wild, chief executive at AIG's private banking arm. Full Story

Funds flowing into Asia outpace redemptions: report

The China Post - Funds flowing into the Asian region in the past two weeks surpassed redemptions in late July and August when equity markets suffered sharp losses on concerns of a global credit crunch, a Citigroup report said on Tuesday Inflows totalled US$2.9 billion during the two-week period. Full Story

Tax revenue for first 8 months up 8.2 percent

The China Post - Net tax revenue for the first eight months reached NT$1.17 trillion (US$35.22 billion), an increase of NT$89 billion or 8.2 percent from the same period of last year, a financial official said yesterday. Full Story

Governement to ask Thailand for coriander safety checks

The China Post - The government will ask Thailand to provide safety certification for its coriander exports to Taiwan after six recent batches of the imported herb from Thailand were found to contain traces of a banned pesticide, a Department of Health (DOH) official said yesterday. Full Story

Taiwanese, Canadian firms discuss 'functional' food

The China Post - Taiwanese and Canadian biotechnology companies exchanged information of "functional food and nutraceuticals" and looked for potential partners in the rapidly growing sector in a video conference yesterday. Full Story

Gift voucher issuers in Taiwan profit NT$100 million in unreturned change: lawmaker

The China Post - Issuers of gift vouchers may be "swindling" over NT$100 million (US$3 million) every year by not giving customers back change when the transaction value is lower than the face value of the voucher, Lawmaker Tseng Tsan-teng of the opposition Taiwan Solidarity Union (TSU) said yesterday. Full Story

CPC to buy LNG from Woodside Browse

The China Post - CPC Corp., Taiwan's only natural gas importer, plans to buy liquefied natural gas from Woodside Petroleum Ltd.'s Browse project in Western Australia, becoming the venture's second customer, a CPC official said. Full Story

Taiwan's recycling business tops list: Environmental Protection Administration

The China Post - Taiwan's recycling business tops other countries in the world, after a painful learning curve of about 20 years in terms of environmental protection, an Environmental Protection Administration (EPA) official said yesterday. Full Story

United States investor aims to put Cosmos Bank in black in 2008

The China Post - U.S. hedge fund SAC Capital expects Taiwan's struggling Cosmos Bank to turn profitable next year after it and GE jointly invest US$900 million for a controlling stake, an SAC executive said yesterday. Full Story

Mediatek buys ADI chip unit for US$350 million

The China Post - Mediatek Inc., Taiwan's leading chip designer, is buying the wireless chip business of Analog Devices Inc. (ADI) for US$350 million in cash to expand its share in mainland China. Full Story

TSMC August sales rise, ups Q3 outlook

The China Post - TSMC, the world's biggest contract chipmaker, posted an 8 percent annual rise in August sales and raised its third-quarter sales forecast yesterday, showing further improvement in the chip sector's recovery. Full Story

Taiwan energy use rises by most in 6 months on manufacturers

The China Post - Taiwan's energy demand rose by the fastest pace in six months in July because of increased demand from manufacturers such as Formosa Petrochemical Corp., the island's second-biggest fuel supplier. Full Story

Four Taiwan firms accuse Philips of charging 'unfair' royalties

The China Post - Four Taiwan disc-makers accusing Philips Electronics of charging unfair royalties are seeking the return of paid royalties and damages, a newspaper reported yesterday. Full Story

Taiwan ranks 21st worldwide in per capita GDP: CEPD

The China Post - Taiwan ranked 21st in the world in terms of its 2006 per capita gross domestic product (GDP) measured by purchasing power parity (PPP) at US$30,084, a Council for Economic Planning and Development (CEPD) official said yesterday. Full Story

Markets tumble on United States data, Wall Street drop

The China Post - Most Asian markets fell sharply Monday after disappointing U.S. jobs data renewed concerns about growth in the world's largest economy. Full Story

Shares down 0.89% on United States woes, sell-offs

The China Post - Taiwan share prices closed 0.89 percent lower Monday, with sentiment dampened by Wall Street's weakness and a following sell-off in regional markets including Japan and China, dealers said. Full Story

Taiwan seeking to expand India ties: CEPD

The China Post - Taiwan is planning to boost cooperation with India in the fields of construction, finance and air transportation, in the hope that the South Asian nation will become one of Taiwan's top 10 trade partners by 2015, a government report released yesterday said. Full Story

Taiwan ranks 47th in world for 'ease of doing business'

The China Post - Taiwan ranked 47th in the world in terms of ease of doing business for 2006, down four notches from the previous year, according to an annual report released recently by The World Bank Group. Full Story

The Ministry of Economic Affairs reports NT$7.8 billion from overseas investors

The China Post - The Ministry of Economic Affairs (MOEA) reported Saturday that a total of 86 investment projects amounting to an estimated NT$7.8 billion have been initiated under a project launched in September 2006 to attract overseas Taiwanese businesspeople to invest in Taiwan. Full Story

United States court denies TSMC injunction against SMIC

The China Post - Semiconductor Manufacturing International Corp. (SMIC), China's biggest chipmaker, said a U.S. court denied a preliminary injunction against it by Taiwan Semiconductor Manufacturing Co. on Sept. 7. Full Story

Compal plans to sell 3.42 million Himax shares

The China Post - Compal Electronics Inc., the world's second-largest maker of notebook computers, plans to sell 3.42 million shares in Himax Technologies Inc. Full Story

Taiwan expresses interest in Sao Tome oil exploration

The China Post - Taiwan wants to get involved in oil exploration in the waters around Sao Tome & Principe but must compete with other nations when formal bids open, the tiny West African nation's foreign minister said yesterday. Full Story

Taiwan's China exports up in August

The China Post - Taiwan's exports to China and Hong Kong in August amounted to US$8.89 billion, up 14.8 percent year-on-year, and accounting for 41.6 percent of the nation's total exports by volume, an official with the Ministry of Finance said yesterday. Full Story

Average 2006 household expenditures up 1.7 percent

The China Post - Average household expenditures in 2006 increased 1.7 percent over the previous year, with food and beverages taking the largest slice of the pie, according to statistics released by the Directorate-General of Budget, Accounting and Statistics (DGBAS) yesterday. Full Story

Taiwan's economic competitiveness discussed at AmCham luncheon

The China Post - Taiwan's competitiveness and future economic outlook were the key topics discussed at a luncheon held by the American Chamber of Commerce Taipei (AmCham) yesterday. Full Story

The Financial Supervisory Commission head promotes Taiwan's business climate in U.S. visit

The China Post - The head of Taiwan's top financial supervisory agency is seeking more U.S. investments in Taiwan, a place he said is worth investing in. Full Story

Taiwan's export growth up on Asian demand

The China Post - Taiwan's export growth accelerated on increased electronics sales and demand from China and Southeast Asia. Full Story

CPC may buy 2 mil. tons of LNG spot cargoes

The China Post - CPC Corp., Taiwan's state-owned oil refiner, may buy a record number of liquefied natural gas cargoes in the next few years from the spot market because contracted supplies have failed to match demand. Full Story

AU Optronics, LCD stocks gain on higher sales, prices

The China Post - AU Optronics Corp. led shares of liquid-crystal display makers higher after the company posted record monthly sales and prices increased for panels used in computer monitors and notebooks. Full Story

United Microelectronics Corp's August sales up 3.78% to NT$10.43 bil.

The China Post - Taiwan's United Microelectronics Corp (UMC) said Friday its sales rose 3.78 percent in August to NT$10.43 billion (US$316 million) from NT$10.05 billion in July. Full Story

Shares end flat on weak volume; tech firms rise

The China Post - Taiwan shares ended flat Friday on weak volume. The Weighted Price Index of the Taiwan Stock Exchange rose 1 point to 9,018.08. Foreign investors were the main players. Full Story

Rising gov't debts a concern: Fitch Ratings

The China Post - Taiwan's overall credit-worthiness remains solid, yet increasing government debts have become a concern, said James McCormack, head of Asia sovereigns of Fitch Ratings, yesterday. Full Story

Bureau suggests trucks use energy-saving flaps

The China Post - The Bureau of Energy has proposed the installation of a wind-guiding flap board on top of the hood of heavy-duty trucks in order to help save energy consumption and cost. Full Story

India tops Forbes list of Asian companies

The China Post - India has the largest number of profitable companies with revenues or market capitalization above US$5.0 billion in the Asia-Pacific region, Forbes business magazine said Thursday. Full Story

Shares close 1.16% higher on bargain hunting

The China Post - Taiwan share prices closed 1.16 percent higher Thursday as investors shrugged off the impact of falls on Wall Street overnight and were drawn back into the market by attractive valuations, dealers said. Full Story

TAIEX retakes 9,000 in rally

The China Post - Taiwan stocks rose yesterday, with the TAIEX retaking the 9,000 level on a rally in electronic shares such as Acer Inc. and High Tech Computer Corp. Full Story

Games Convention Asia in Singapore a hotbed for gamers, developers

The China Post - Ten Asia-Pacific countries signed an agreement Thursday to turn the region into a hotbed for the electronic gaming sector while developers showed off their next-generation products. Full Story

Member of Taiwan central bank board opposes rate rise

The China Post - A board member from Taiwan's central bank is opposed to raising interest rates and propping up the Taiwan dollar as it undermines the island's competitiveness, the United Daily News said Thursday. Full Story