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China Development Financial to acquire remaining China Life shares

Taipei, Aug. 13 (CNA) Taiwan-based China Development Financial Holding Co. is planning to acquire the remaining shares of China Life Insurance Co. it does not already own, in an attempt to bring the life insurer completely under its corporate umbrella. ....

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Taiwan shares smash records on strong tech gains

Taiwan shares smash records on strong tech gains
04/26/2021 06:23 PM
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Taipei, April 26 (CNA) Shares in Taiwan closed at a new high Monday as the bellwether electronics sector continued its momentum from a session earlier, while investors were encouraged by a rally among tech stocks on the U.S. markets at the end of last week, dealers said.
Buying focused on large semiconductor stocks amid optimism toward their business outlooks, while old economy and financials stocks moved largely higher to push up the broader market to the day s high at the end of the session, the dealers said. ....

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Taiwan shares end slightly higher after giving up earlier gains

Taiwan shares end slightly higher after giving up earlier gains
02/03/2021 04:54 PM
CNA file photo
Taipei, Feb. 3 (CNA) Shares in Taiwan closed slightly higher Wednesday as investors locked in their earlier gains ahead of the upcoming long Lunar New Year holiday, dealers said.
As the bellwether electronics sector took a pause after a strong showing in the past two trading sessions, buying rotated to select old economy and financial stocks, preventing the broader market from falling into negative territory by the end of the session, they said.
The weighted index on the Taiwan Stock Exchange (TWSE), or the Taiex ended up 11.27 points, or 0.07 percent, at 15,771.32, after moving between 15,741.16 and 15,896.40, on turnover of NT$275.78 billion (US$9.86 billion). ....

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Taiwan shares close at new high after early losses; TSMC rallies

Taipei, Jan. 11 (CNA) Shares in Taiwan closed at a record high Monday after early losses behind a late rally by contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) on hopes it will have positive news at its investor conference Thursday, dealers said. ....

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Taiwan shares edge higher after previous session's slump

Taiwan shares edge higher after previous session s slump
12/23/2020 08:41 PM
CNA file photo
Taipei, Dec. 23 (CNA) Shares in Taiwan staged a moderate technical rebound Wednesday after slumping a day earlier on renewed buying in electronics component stocks, dealers said.
Investors were calmer after a sell-off Tuesday, when Taiwan reported its first domestic transmission of COVID-19 since April 12, but turnover fell as more foreign institutional investors went on Christmas and New Year breaks, they said.
The weighted index on the Taiwan Stock Exchange (TWSE), the Taiex, ended up 45.63 points, or 0.32 percent, at 14,223.09, after moving between 14,134.87 and 14,247.79, on turnover of NT$219.57 billion (US$7.81 billion). ....

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