Taiwan's economy expands at a faster-than-expected 5.07%

The China Post -Taiwan's economy grew at a faster-than-expected pace in the second quarter as consumers and companies spent more while exports to China increased. Gross domestic product expanded 5.07 percent from a year earlier, the strongest rate in 1 1/2 years, outpacing the median estimate of 4.35 percent in a Bloomberg News survey. Full Story

Taiwan's export orders at record highs on demand from Japan, China, and Europe

The China Post - Taiwan's export orders climbed more than expected to record highs in July on a surge in demand from China, Japan and Europe, signaling economic growth may quicken. Orders, indicative of actual shipments in the next three months, rose 23.5 percent from a year earlier, accelerating from June's 15.2 percent increase, beating the 16 percent median estimate in a Bloomberg News survey. Full Story

BenQ posts first profit in seven quarters on share selloff

The China Post - BenQ Corp., the Taiwanese electronics maker whose chairman stands trial on insider-trading charges, posted its first profit in seven quarters on gains from selling shares in flat-screen affiliate AU Optronics Corp. Full Story

Regulators force Cosmos bank to increase capital before September

The China Post - Cosmos Bank Taiwan, 10 percent owned by General Electric Co.'s consumer lending unit, must find an investor to boost its capital before the end of the month, Taiwan's financial regulator said. Taipei-based Cosmos is seeking a capital injection of NT$27.3 billion. Full Story

Family Mart and Niko Mart merger approved

The China Post - The Cabinet-level Fair Trade Commission (FTC) yesterday approved a merger between Family Mart and Niko Mart, Taiwan's two convenience store chains, paving the way for a reshuffle in the island's convenience store market. Full Story

Formosa Petrochemical profits up 64 percent

The China Post - Formosa Petrochemical Corp., Taiwan's second-biggest fuel supplier, posted a 64 percent gain in first-half profit after the government eased controls over gasoline and diesel prices. Full Story

Taiwan stocks attract overseas buyers

The China Post - Overseas investors yesterday bought a net NT$11.7 billion of Taiwan's stocks, helping to lift the benchmark TAIEX index. Foreign investors had been net sellers for the previous nine sessions. Full Story

High Tech shares gain on Sprint phone order

The China Post - High Tech Computer Corp., the world's largest maker of handsets that use Microsoft Corp.'s Windows operating system, rose on Taiwan's stock exchange after a report said the company won mobile-phone orders from Sprint Nextel Corp. Full Story

Teco shares post gain on Syntax-Brillian stake

The China Post - Teco Electric & Machinery Co. shares posted their biggest four-day gain in more than three years, after the producer of appliances agreed to buy a stake in U.S. television maker Syntax-Brillian Corp. Full Story