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