Taipei, Sept. 22 (CNA) Shares in Taiwan fell Thursday amid volatility on the United States markets, after the U.S. Federal Reserve again raised interest rates to combat inflation and hinted at more rate hikes, dealers said.
Taipei, Sept. 20 (CNA) Shares in Taiwan staged a technical rebound Tuesday as contract chipmaker Taiwan Semiconductor Manufacturing Co. bounced back from earlier weakness on the back of gains posted on the United States markets overnight, dealers said.
Taipei, Aug. 26 (CNA) Shares in Taiwan closed higher on Friday but gains were capped as investors locked in their earlier profits ahead of a speech set to be made by U.S. Federal Reserve Chair Jerome Powell later in the day, dealers said.
Formosa International Hotels Corp (FIH, 晶華國際酒店集團) is positive about earnings growth this quarter and beyond as the hospitality industry gradually emerges from the COVID-19 pandemic and the government is inclined to ease disease prevention measures.
The Taipei-based company made the remarks on Monday after posting NT$109 million (US$3.63 million) in net income for last quarter, the lowest in eight quarters, or earnings per share of NT$0.69.
The results represented a 3.28 percent decline from a year earlier, as the public generally stayed home to avoid infections and the sale of pizza chain Domino’s Taiwan in June last year raised the comparison bar.
The
Taipei, June 29 (CNA) Shares in Taiwan took a beating, plunging by almost 200 points Wednesday, as investors took cues from heavy losses suffered by the U.S. markets in the wake of weaker than expected economic data, dealers said.