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