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May 24, 2021
Taiwan shares end up after recouping earlier losses on COVID 05/24/2021 06:10 PM CNA file photo Taipei, May 24 (CNA) Shares in Taiwan closed slightly higher Monday after recovering losses caused by fears over an escalation of domestically transmitted COVID-19 cases reported over the weekend, dealers said. Buying in select old economy stocks, in particular in the shipping and textile sectors, continued on the back of growing global demand, while the bellwether electronics sector climbed out of i...
May 22, 2021
Taiwans chipmakers take measures against COVID-19 05/22/2021 04:05 PM A TSMC factory in Tainan. CNA file photo Taipei, May 22 (CNA) Semiconductor suppliers in Taiwan have heightened their alert over an escalation in domestically transmitted COVID-19 cases in the country, to ensure that there will be no interruption to their production, especially amid a global shortage in microchips. Despite more than 1,500 cases reported in the past week, the companies production is expected to stay unscathed ...
May 20, 2021
Shareholders meetings to be suspended due to COVID-19: FSC 05/20/2021 11:29 PM A shareholders meeting of Far Eastern Department Store in 2020. CNA file photo Taipei, May 20 (CNA) Taiwans Financial Supervisory Commission (FSC) announced Thursday that shareholders meetings of public companies will be suspended nationwide from May 24 to June 30 due to the increase in domestically-transmitted COVID-19 cases in the country. The first ever full-scale suspension will affect 1,931 listed and over-the-c...
May 17, 2021
Why United Microelectronics Stock Is Trading Lower Today United Microelectronics (NYSE:UMC) shares are trading lower amid a COVID-19 outbreak in Taiwan where the company is headquartered. Microelectronics is currently down 5.08% to a price of $8.11. Monday the stock has been traded at a volume of 8.39 million, about 133.13% of its recent 30-day volume average of 6.30 million. The stocks 50-day moving average was $9.15 at the time this article was published. Over the past fifty-two weeks, the p...
May 14, 2021
Author Bio Anders Bylund is a Foolish Technology and Entertainment Specialist. Where the two markets intersect, youll find his wheelhouse. He has been an official Fool since 2006 but a jester all his life. Hypoallergenic. Contains six flavors not found in nature. Believes in coyotes and time as an abstract. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Communications technology spec...
May 12, 2021
Taiwan stocks plummet on virus restrictions and tech selloff AFP 2 hrs ago AFP © Sam Yeh Taiwans stock exchange has plummeted with investors fretting over new coronavirus concerns and a global tech selloff Taiwans stock exchange plunged more than eight percent on Wednesday as investors fretted over fresh coronavirus restrictions and a wider selloff in global tech stocks. The Taiex -- one of Asias best performers this year -- dropped as much as 8.6 percent in morning trade,...
May 12, 2021
Next Generation Processors Market to Witness Huge Growth by 2026 : Acer, IBM, United Microelectronics iCrowd Newswire 12 May 2021, 17:07 GMT+10 The Global Next Generation Processors Market study has been conducted by HTF MI to monitor and evaluate the evolving views of leaders across the Global Next Generation Processors industry. The Industry research on the Global Next Generation Processors market will include the entire ecosystem, covering five major regions namely North America, Europe, Asi...
May 11, 2021
Author Bio Will Healy is a freelance financial writer who has had a lifelong interest in the stock market, along with numerous, less-useful pursuits. Will pursued his passion for writing after working in the corporate world as both an analyst and an insurance sales professional. He holds a bachelors degree from Texas A&M Univesity, and M.S. from the University of North Texas, and an MBA in finance and strategy from the University of Texas at Dallas Jindal School of Manag...
May 11, 2021
Soldiers are deployed to disinfect China Airlines headquarters at Taoyuan International Airport. CNA photo May 2, 2021 Taipei, May 11 (CNA) China Airlines (CAL) said Tuesday that only about 10 percent of its cargo services will be affected by a government order to bring home all its pilots for a 14-day quarantine period, amid a COVID-19 outbreak among its flight crews. In compliance with the Central Epidemic Command Centers (CECC) order on Monday, CAL said, its flight crews will be recalled and...
May 11, 2021
Taiwan shares plunge over 600 points; turnover hits high 05/11/2021 05:29 PM CNA photo on May 11 Taipei, May 11 (CNA) Shares in Taiwan took a beating Tuesday, led by the bellwether electronics sector, as selling was sparked by a plunge suffered by tech stocks on United States markets overnight, dealers said. The heavy losses across the board also reflected cautious market sentiment amid escalating worries over an increase in domestically transmitted COVID-19 cases, which prompted the government...