Taiwan shares end lower as earlier gains eroded
Taipei, July 10 (CNA) Shares in Taiwan closed slightly lower Monday as earlier gains were eroded amid lingering concerns the U.S. Federal Reserve will resume its rate hike cycle in July.
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Taipei, July 10 (CNA) Shares in Taiwan closed slightly lower Monday as earlier gains were eroded amid lingering concerns the U.S. Federal Reserve will resume its rate hike cycle in July.
Taiwan Exports: June exports plunged 23.4% in value from a year earlier to $32.32 billion, the finance ministry said on Friday, the 10th consecutive month of decline.
Taiwan's exports fell more than expected in June, slumping the most in almost 14 years, as the island struggled with persistent weakness in demand from the U.S. and China for its hi-tech products.
* June exports -23.4% y/y vs -13.35% forecast in Reuters poll * Exports to China -22.2% y/y * Govt forecasts...
ELAN Monthly Sales Report -June 2023 ELAN Microelectronics Corp. , a leading touch controller solution provider in global NB market, announced its consolidated...