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Applied Materials Inc. (AMAT) said Tuesday that it plans to cut about 1,000 positions, or about 7% of its work force, following a reorganization of its semiconductor business this summer.
Taiwan Semiconductor Manufacturing TSM would follow
EWT due for a bounce
Despite Victory, Taiwanese Party Urges Caution
Different Sentiments in Play For March Presidential Vote
TAIPEI, Taiwan, Jan. 13 -- As word spread of their landslide victory in Taiwan's legislative elections, flag-waving Nationalist party stalwarts filled the lobby of their headquarters Saturday evening with shouts of joy, partisan chants and patriotic songs.
But in a meeting room inside the building was another scene. The Nationalist presidential candidate, Ma Ying-jeou, presided somber-faced over a subdued victory ceremony, repeatedly invoking the need to be "humble" and "cautious" in the two months remaining until Taiwanese voters go back to the polls to replace President Chen Shui-bian.
"We have to work hard to fulfill people's hopes," he warned. "We still have a long road ahead of us."
Ma's caution came despite what had been a resounding Nationalist victory. Chen's Democratic Progressive Party won only 27 seats in the 113-member Legislative Yuan, while the Nationalists and their allies gained an unstoppable majority of 86 seats with more than 70 percent of the vote. For many analysts, the large margin foreshadowed a near-certain win for Ma in the presidential vote March 22 and, as a result, a decisive turn away from Chen's single-minded drive to push this self-ruled island toward formal independence.
That was a happy prospect for officials in Beijing and Washington, who have warned in concert that Chen's repeated gestures seeking to legalize Taiwan's autonomy carry the risk of crisis in the Taiwan Strait. With the United States pledged to help Taiwan defend itself, the Bush administration has made clear it has no appetite for such risk-taking while trade with China expands steadily and the U.S. military remains absorbed by Iraq and Afghanistan.
Ma has said he shares the U.S. and Chinese concerns and, in contrast to Chen's attitude over the last eight years, he has advocated getting along with the mainland in practical ways while putting off the question of Taiwan's ultimate status. But he based his prudence Saturday evening on what analysts said were several reasons to suspect that the March voting might be different from Saturday's landslide, making the repudiation of Chen's independence drive look less clear-cut.
The likelihood is still strong for a victory by Ma and an end to Chen's era of prickly confrontation, they said. But they cautioned that, on the basis of Saturday's vote alone, it is too early to write off the bedrock Taiwanese nationalism that Chen has championed throughout his career and that still touches many of the island's 23 million inhabitants.
Most of the legislative districts where Nationalists won so handily Saturday were decided on local pork-barrel issues such as roads and irrigation projects, analysts noted. In addition, less than 60 percent of eligible voters turned out, with many more likely to vote in the presidential election -- including those who share Chen's feelings. Finally, the Nationalist triumph was attributed to irritation with Chen's leadership style and questions about his honesty rather than a broad embrace of the Nationalist party, Ma and the promise of better relations with China.
"It is a change in the political landscape, but how do we interpret that?" asked Emile C.J. Sheng, a political scientist at Soochow University in Taipei. "It is not an approval of the Nationalists but disapproval of President Chen Shui-bian, his style and his integrity."
In recognition of the sentiment against him, Chen immediately resigned as chairman of the Democratic Progressive Party. Party officials predicted that its presidential candidate, Frank Hsieh, will now get a free hand to run his campaign as he sees fit, probably with a more moderate course on China designed to appeal to middle-of-the-road voters turned off by Chen's zeal.
Saturday's voters, for instance, overwhelmingly snubbed two referendums on alleged official corruption, suggesting they had no enthusiasm for another referendum that Chen has scheduled to accompany the presidential election in March. That one, asking whether the government should apply for U.N. membership under the name Taiwan, has been denounced as provocative by the Bush administration and as dangerous to peace in the Taiwan Strait by the Chinese Communist Party in Beijing.
The Nationalist party had called for a boycott of both referendums Saturday and was expected to do the same for the March vote on U.N. membership, according to Taiwanese analysts. "If that's the case, I don't see any chance of passing it," said Chih-cheng Lo, head of the political science department at Soochow. Referendums are invalid if they draw less than 50 percent participation from registered voters.
The likelihood of rejection for the March referendum will probably be greeted in Beijing and Washington with sighs of relief, Lo and other Taiwanese analysts said. Even if it passed, the referendum would have no practical effect; Taiwan has been told clearly it will not be readmitted to the United Nations under any name. But the vote was seen as an attempt by Chen to bestow an aura of democratic legitimacy on his lifelong goal of formal independence for the island.
"I believe Beijing is relieved, or even relaxed, over the results of yesterday's vote," said Chen-Yi Lin, a research fellow at Taiwan's Academia Sinica who, along with Sheng, participated in a forum Sunday analyzing the vote.
Taiwan has ruled itself since Chiang Kai-shek fled here with his defeated Nationalist forces in 1949. But the Communist Party in Beijing has always insisted the island is part of China and must one day return to the fold. Chinese rulers have threatened to use force if necessary to prevent formal independence and, in recent months, have warned the Bush administration repeatedly that the March referendum could be construed as a step in that direction.
According to Chinese sources, President Hu Jintao and the party's other senior leaders have resolved not to order any military action against Taiwan unless they are backed against a wall and national honor is at stake. How they define that, however, has never been made clear. "It's something we don't want to have to find out," a U.S. official said.
http://www.washingtonpost.com/wp-dyn/content/article/2008/01/13/AR2008011302825.html?hpid=sec-world
buy some EWT if it crosses 14.5
maybe less LOL
great! no spam coming from there today!
The earthquake in Taiwan has wrecked havoc online among thousands of internet users in Asia.
Singapore has also been affected - with major online disruptions.
Others in Southeast Asia and Hong Kong were also hit, after the quake damaged several undersea cables around Taiwan.
Service providers say the recovery process will take days, if not weeks.
If you faced difficulty accessing sites especially US-based ones, you were not alone.
Many across Asia faced the same problem too, with a long wait in downloading information from the internet.
I let you talk me out of a TSM short, wb.
You need a new rabbit's foot? ;)
DW, hard to say, Japan/HK/Taiwan went up a lot already since summer
and China is doubled
ok, just wondering. you see the bull running in asia 4 a while?
I wouldn't do that
TSM 11.24 right now -- puts? or short?
I'd give it a shot, sure
TSM after touching 11.25?
will today? EWT should pull back from 15
dang, it doesn't pull any back
I saw that snow on the news... be careful!
yes, sold it last week, look for re-entry again
hell in here, going to have 6 to 12 inch snow today. This morning had to wait for 45 minutes for train instead of usual 5 minute max. just arrive in office, GG
TSM looks like a bouncer again, wb
TSM is sitting on 200MA
Chen denies corruption accusations, dismisses calls for resignation
Sunday November 5, 10:51 PM
(Kyodo) _ Taiwan President Chen Shui-bian on Sunday denied prosecutors' allegations that he mishandled state funds and suggested that he will not resign for now despite intensifying calls for him to quit.
Chen made the 90-minute televised speech two days after Taipei District prosecutors indicted first lady Wu Shu-chen on corruption and forgery charges in connection with the embezzlement of the money worth more than NT$14.8 million (US$448,000) meant for national affairs instead of home expenses.
Chen was also suspected of graft and forgery, but can not be charged due to presidential immunity.
At a press conference, lawyer-turned Chen began by apologizing for igniting political turmoil in recent days, saying he respects democracy and the judicial system.
"I am hereby expressing my deepest apologies to the people and the Democratic Progressive Party for hurting the nation's image and triggering political turmoil," Chen said. "The prosecution's investigation is a victory for the judiciary as well as pride of democracy."
To fight back, embattled Chen spent most of the time insisting on his innocence by arguing that the money did not go to his personal pocket but was simply used for confidential diplomatic purposes.
He said he will not escape responsibility and will not stay in office were his wife to be convicted.
"History and the judicial system will definitely prove that I am innocent," Chen noted, adding, "However, I am willing to step down before my term ends should the court at the first instance rule that my wife is guilty of corruption."
Chen and his family have been under fire since his son-in-law was indicted for insider trading in early summer and his wife has been accused of receiving vouchers from a department store in exchange for lobbying.
Pressure mounted on the president to quit after he was questioned in August over an alleged misuse of state funds.
Beginning in September, hundreds of thousands of protesters launched monthlong, around-the-clock mass sit-ins on the boulevard outside the Presidential Office, seeking to unseat Chen, whose popularity has plunged to an all-time low.
Chen, who has survived two recall attempts by the opposition-led parliament in June and late October, denied any wrongdoing and vowed to stay until his mandate expires in 2008.
In the wake of the prosecution's explosive investigation released late Friday, the Nationalist Party chairman Ma Ying-jeou has vowed that the third recall bid to unseat Chen will be broached next week.
http://asia.news.yahoo.com/061105/kyodo/d8l6vkt80.html
Taiwan Leader Pledges Response to Allegations
Pressure Builds for Quick Resignation
By Edward Cody
Washington Post Foreign Service
Sunday, November 5, 2006; Page A27
TAIPEI, Taiwan, Nov. 4 -- With pressure building for his immediate resignation, President Chen Shui-bian pledged Saturday to respond within two days to prosecutors' allegations that he and his wife cooperated to embezzle hundreds of thousands of dollars from a diplomatic slush fund.
The fate of Chen's presidency, which began six years ago as a crusade for Taiwanese independence, seemed to lie with his own Democratic Progressive Party. But party leaders said they would listen to the promised explanation before deciding whether to join the chorus of opposition political figures calling on Chen to step down.
Whether or not Chen holds on for the remaining two years of his second term, however, his drive to move this self-governing island closer to outright independence seemed severely compromised. Engulfed by scandal and resignation demands, Chen appears unlikely to recover the political authority to take any more bold steps against mainland China's claim on Taiwan.
"We feel Chen makes us lose face," said Chang Wan-lin, 30, who was among several hundred anti-Chen protesters rallying in front of the Taipei Railway Station. "It makes other countries look down on Taiwan."
A dozen or more members of parliament from the Democratic Progressive Party would have to abandon Chen and join the opposition in seeking his downfall to create the two-thirds majority necessary to pass a recall motion in the Legislative Yuan. The opposition Nationalist Party, which controls the legislature, has sponsored two such motions as the scandal brewed over the past several months. But it was unable then to win enough support from Chen's party members to get the required special majority.
The political landscape changed suddenly Friday afternoon. The chief prosecutor's office announced that Chen's wife, Wu Shu-chen, was being indicted for embezzlement and forgery over allegations that she used false receipts to siphon almost $450,000 from government accounts used in confidential diplomatic missions. Chen himself was found to have cooperated in the corruption, a spokesman for the prosecutor said, but cannot be indicted while in office because of presidential immunity.
Ma Ying-jeou, the Nationalist Party leader and its likely presidential candidate in 2008, attended a party rally Saturday and renewed his call for Chen's resignation by Monday, saying that otherwise a recall motion would be put to parliament. But Joanna Lei, a Nationalist lawmaker, expressed doubt that Chen would step down before seeing how a recall motion played in the legislature.
"We think the likelihood of his stepping down within our timetable is zero," she said.
Lei also said Chen would have trouble coming up with an explanation that will satisfy his party faithful and the public at large. "He's had more than five months to come up with a story," she said, referring to the near-daily reports of corruption that have occupied Taiwanese politics over the past half-year.
Chen's office sent a short message late Friday to the cellphones of some journalists and political figures promising an explanation within two days. His spokesmen made the pledge formal Saturday, saying the president would study the indictment against his wife for two days and then decide what to say. Although Chen's office was not specific, Taiwanese politicians and journalists interpreted that to mean Chen would speak out on Monday.
William Lai, one of the Democratic Progressive Party's 85 members of the Legislative Yuan, said party leaders agreed at a late-night meeting Friday to await Chen's response before taking a position. Their prudence reflected disagreement on what to do, according to accounts of the meeting. But it also reflected awareness that the Chen presidency, and by implication the cause of Taiwanese independence, was riding on their decision.
In the meantime, the party leadership issued a public apology "for the involvement of the first lady and other DPP members in the misuse of President Chen's special fund for the conduct of affairs of state," party chairman Yu Shyi-kun told reporters here.
"The DPP right now is the most important player," said Emile Sheng, an independence advocate and former Chen supporter who has launched an anti-Chen campaign because of the corruption allegations.
Sheng charged that Chen had used the Taiwan independence crusade as a shield to protect himself against the accusations of corruption. As judicial investigators closed in during recent days, Sheng noted, Chen refloated the controversial idea of "freezing" Taiwan's constitution and writing a new one designed to emphasize the island's independence from China.
http://www.washingtonpost.com/wp-dyn/content/article/2006/11/04/AR2006110400457.html
Taiwan stocks fall 0.33 pct on political concerns
Wed Sep 13, 2006 10:44 PM ET
(Updates indexes, adds details and analyst quotes)
TAIPEI, Sept 14 (Reuters) - Taiwan stocks fell 0.33 percent
early on Thursday as domestic political concerns weighed, but
investors chased select technology shares such as Foxconn
Technology <2354.TW> with solid fundamentals.
The main TAIEX share index <.TWII> was down 21.68 points at
6,643.19 around one-and-a-half hours into trade. The heavily
weighted electronics sub-index <.TELI> reversed earlier gains
and fell 0.37 percent, while financials <.TFNI> rose 0.09 percent.
"Some tech shares are still supporting the index, but the
market is swaying at around 6,600 to 6,800 points as political
factors are still getting in the way of a real rebound," said
Grand Cathay Securities Vice President Kevin Yeh.
Taiwan protesters began a sixth day of a sit-in protest aimed
at bringing down scandal-plagued President Chen Shui-bian. For
story, double click on [ID:nTP85038].
Foxconn Technology, a components subsidiary of export giant
Hon Hai Precision Industry <2317.TW>, jumped 4.13 percent to
T$290.00 as analysts forecast the firm's shipments to rise in
the third and fourth quarters. Hon Hai rose 1.02 percent.
For a table of foreign trading in Taiwan stocks,
double-click on [ID:nTP16023].
HOT STOCKS
-- Hurt by a 0.78 percent fall on the U.S. Philadelphia
semiconductor index <.SOXX>, Taiwan Semiconductor Manufacturing
Co. Ltd. (TSMC) <2330.TW> <TSM.N>, the world's top contract chip
maker, and smaller rival United Microelectronics Corp. (UMC)
<2303.TW> <UMC.N> were both flat.
-- Plastic lens maker Largan Precision Co. Ltd. <3008.TW>
jumped 5.97 percent to T$710.00 on hopes of rising demand for
camera cellphones and 3G handsets.
Smaller rival Aisa Optical Co. Inc. <3019.TW> rose 2.36
percent to T$151.50.
-- Hannstar Board Corp. <5469.TW> rose 1.09 percent after the
Commercial Times reported that it would spin off its HBI unit in
a Hong Kong listing next month.
-- Taishin Financial Holding <2887.TW> advanced 3.36 percent.
The Economic Daily reported earlier in the day that officials in
China's Fujian province had submitted a report to Beijing,
including a list of proposed preferential policies, seeking more
cooperation with financial institutions in Taiwan.
(US$1=T$32.9)
DIARY-Taiwan to December 9, 2006
Wed Sep 6, 2006 10:05 PM ET
***This diary is updated every weekday and new listings or amendments are marked "*".
***All times are provisional in GMT and have not been confirmed by Reuters. Taipei time is GMT plus 8 hours
***To include items in this diary, please telephone the Taipei newsroom at +886 2 2508-0815, fax items to +886 2 2508-0204, or email to taipei.newsroom@news.reuters.com.
***Inclusion of diary items does not necessarily mean Reuters will file a story based on the listing.
***Reuters Terminal users can double-click on [IND/DIARY] for an index of diaries.
***For Taiwan initial public offerings, click on <TW/IPOMENU>
===========================================================
THURSDAY, SEPTEMBER 7
- TAIPEI - 0130 - Carl-Henric Svanberg, Chief Executive Officer of Ericsson <ERICb.ST> holds news conference
- TAIPEI - 0230 - Regular foreign ministry news conference
- TAIPEI - 0740 - Shih Ming-teh, leader of the "Depose Chen" campaign, to hold a briefing with foreign media
- TAIPEI - 0600 - UMC <2303.TW> to release monthly sales figures.
- TAIPEI - 0700 - Credit Suisse Asian Technology Conference news briefing on Taiwan's tech sector
- TAIPEI - 0800 - Finance Ministry announces import and export figures
- TAIPEI - 0820 - Regular central bank news conference
- TAIPEI - 0830 - Regular Finance Ministry news conference
- TAIPEI - 0900 - Regular Financial Supervisory Commission newsconference
- TAIPEI - 1030 - President Chen Shui-bian, Premier Su Tseng-chang attend research award ceremony hosted by the Economics Ministry
===========================================================
FRIDAY, SEPTEMBER 8
- TAIPEI - 0050 - Liu Te-shun, vice chairman of the Mainland Affairs Council, to speak on Taiwan-China economic development and strategy
- TAIPEI - 0800 - The Mainland Affairs Council holds regular news conference
- TAIPEI - 0820 - Regular central bank news conference
SATURDAY, SEPTEMBER 9
- TAIPEI - An anti-corruption campaign led by former ruling Democratic Progressive Party Chairman Shih Ming-teh to hold an anti-corruption sit-in aimed at scandal-plagued President Chen Shui-bian and his family members.
MONDAY, SEPTEMBER 11
- TAIPEI - 0820 - Regular central bank news conference
THURSDAY, SEPTEMBER 14
- TAIPEI - 1000 - The All-Chamber Autumn Poolside Bash jointly organised by several business associations, including American Chamber of Commerce and European Chamber of Commerce
MONDAY, SEPTEMBER 18
- TAIPEI - 1200 - Wealth Magazine to hold a summit on investment opportunities in China's equity, forex and property markets
TUESDAY, SEPTEMBER 19
- TAIPEI - 0400 - David Ta-wei Chang, president of China Credit Information service Ltd, speaks on Taiwan businesses in China at European Chamber of Commerce luncheon
THURSDAY, SEPTEMBER 21
- TAIPEI - 0330 - Energy Bureau Director-General Yeh Huey-ching to attend panel discussion on meeting Taiwan's energy needs at European Chamber of Commerce in Taipei
- TAIPEI - 0800 - August export orders and industrial output data
FRIDAY, SEPTEMBER 22
- TAIPEI - 0800 - August jobless data
TUESDAY, SEPTEMBER 26
- TAIPEI - Charles Wang, general manager of Watson Wyatt Taiwan, speaks on compensation trend in Taiwan in event organised by the European Chamber of Commerce Taipei
THURSDAY, SEPTEMBER 27 * - TAIPEI - 0030 - The European Chamber of Commerce Taipei organises panel discussion on "How the government works: examining the mechanics of Taiwan's policy making procedures" * - TAIPEI - 0800 - August leading indicators
THURSDAY, SEPTEMBER 28
- TAIPEI - Ruling Democratic Progressive Party marks 20th founding anniversary
THURSDAY, OCTOBER 5
- TAIPEI - 0800 - September inflation data
- TAIPEI - 0820 - September forex reserves
TUESDAY, OCTOBER 10
- TAIPEI - National Day
MONDAY, NOVEMBER 20
- TAIPEI - 0820 - Third-quarter current account data
MONDAY, NOVEMBER 27
- TAIPEI - Hedge funds conference organised by the International Quality and Productivity Centre (THROUGH NOVEMBER 29)
SATURDAY, DECEMBER 9
- TAIPEI/KAOHSIUNG - Mayoral elections
Taiwan President's Son-in-law Freed On Bail
07/10/2006
Dow Jones News Services
(Copyright © 2006 Dow Jones & Company, Inc.)
TAIPEI (AP)--The son-in-law of Taiwanese President Chen Sui-bian has been released on NT$10 million ($312,000) bail after being indicted Monday on insider trading charges.
Chao Chien-min was also barred from leaving Taiwan.
Taiwanese prosecutors on Monday indicted Chao, who they allege was the centerpiece in an elaborate insider trading scheme involving a Taipei property company. They say they will demand an eight-year jail sentence.
The case against Chao is among a series of high-profile corruption charges involving Chen's family and inner circle. Chen himself has not been implicated, but Taiwan's opposition has demanded that he step down, saying that the corruption allegations have tarnished his credibility.
Chao, a 34-year-old physician married to Chen's daughter, was arrested in May on suspicion he used insider information to profit on the purchases of shares in partly state-owned property company Taiwan Development Corp.
Chief Taipei prosecutor Lin Bang-liang told reporters Chao is suspected of making NT$29.5 million in the insider trading scheme.
He added that Chao has maintained his innocence.
(END) Dow Jones Newswires
07-10-06 2006ET
Copyright (c) 2006 Dow Jones & Company, Inc.
Taiwan stock listing day on pink sheets?? Look at this list:
SECURITY ADDITIONS
Updated Symbol Company Name Effective Date/Comments
13:35 AFEAF Ampoc Far East Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 AGBGF Agabank Co Ltd Ordinary Shares (South Korea) 06/27/2006
13:35 AHNWF Alpha Networks Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 AIPKF Aiptek Internationa Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 AITOF Aimtron Technology Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 ALKYF Alltek Technology Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 AMEIF Ame Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 AOCPF Astro Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 ARJIF Anant Raj Industries Ltd Shares Dematerialised (India) 06/27/2006
13:35 AUOKF Aurotek Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 AXTKF Axiom Technology Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 BHVHF Behavior Tech Computer Ordinary Shares (Taiwan) 06/27/2006
13:35 BKOVF Bank of Overseas Chinese Ordinary Shares (Taiwan) 06/27/2006
13:35 BLTNF Billionton Systems Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 BRELF Boardter Electronics Corp Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 BSIO BSI2000, Inc. Common Stock 06/27/2006 From BB (BSIOE) **
13:35 CEEIF Cheer Time Enterprise Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 CIEIF Chilisin Electronics Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 CIFBF China Lifestyle Food and Beverages Group Ltd Ordinary Shares (Bermuda) 06/27/2006
13:35 CLWEF Channel Well Technology Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 COACF Coca Cola Icecek Sanayi As Ordinary Shares (Turkey) 06/27/2006
13:35 CSIRF Chant Sincere Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 CTIZF Central Insurance Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 CUCAF Compucase Enterprise Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 CVOIF Creative Sensor Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 CWAHF Chang Wah Electromaterials Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 CYCOF Cyntec Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 DJJI Dijji Corp. Common Stock 06/27/2006 From BB (DJJIE) **
13:35 EMXTF Edimax Technology Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 ENFMF Enfield Medical Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 EUPGF European Gas Ltd Ordinary Shares (Australia) 06/27/2006
13:35 EVAI Elva International, Inc. Common Stock 06/27/2006 From BB (EVAIE) **
13:35 FLSMF Felissimo Corp Kobe Ordinary Shares (Japan) 06/27/2006
13:35 FRISF First Insurance Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 FYTKF Flytech Technology Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 GENV Globetech Environmental, Inc. Common Stock 06/27/2006 From BB (GENVE) **
13:35 GVSNF Geo Vision Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 GXFEF Galaxy Far East Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 HGHKF High Tek Enterprise Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 HHIAF Huang Hsiang Construction Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 HHPN Health Partnership, Inc. Common Stock 06/27/2006 From BB (HHPNE) **
13:35 HOJIF Hold Jinn Electronics Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 HUELF Hunt Electronic Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 ICIUF I Chiun Precision Industry Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 IFTKF Info Tek Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 IMKI Immediatek, Inc. New Common Stock 06/27/2006 From BB (IMKIE) **
13:35 IPQTF Inpaq Technology Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 IRTIF Infortrend Technology Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 ISYDF Insyde Software Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 ITQCF Iteq Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 KBGEF K Bridge Electronics Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 KLMK Klever Marketing, Inc. Common Stock 06/27/2006 From BB (KLMKE) **
13:35 LKGNF L & K Engineering Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 LMXIF Lumax International Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 LOOCF Loop Telecommunication Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 LTKWF Laser Tek Taiwan Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 LYFDF Loyalty Founder Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 LYSIF Lloyds Steel Industries Ltd Shares Dematerialised (India) 06/27/2006
13:35 MBTT MB Tech, Inc. Common Stock 06/27/2006 From BB (MBTTE) **
16:10 MCGL Miscor Group, Ltd. Common Stock 06/27/2006
13:35 MIOMF Microcom Technology Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 MSTZF MCS Steel Public Co Ltd Ordinary Shares (Thailand) 06/27/2006
13:35 NRAEF New Era Electronics Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 OPDIF Optodisc Technology Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 OTACF O-Ta Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 PALHF Para Light Electronics Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 PFPUF Professional Computer Technology Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 PGNF Paragon Financial Corporation Common Stock 06/27/2006 From BB (PGNFE) **
13:35 PMCTF Prime Electronics Satellitics Inc Ordiinary Shares (Taiwan) 06/27/2006
13:35 PMTEF Promate Electronic Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 PNJIF Pan Jit International Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 POFKF Prolific Technology Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 PONPF Plastron Presicion Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 PSIFF Posiflex Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 PTKYF Planet Technology Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 PTWEF Portwell Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 PVRLF PVR Ltd Shares Dematerialised (India) 06/27/2006
13:35 RDMIF RDC Semiconductor Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 RIUMF Radium Life Tech Ordinary Shares (Taiwan) 06/27/2006
13:35 RPLUF Reliance Petroleum Ltd Shares Dematerialised (India) 06/27/2006
13:35 RYTKF Royaltek Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 SIHRF Sinphar Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 SIOXF Spirox Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 SLHKF Silicon Touch Technology Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 SOAEF Sino American Silicon Products Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 SOEKF Solomon Technology Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 SOUXF South Epitaxy Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 SOYXF Solelytex Industrial Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 SROMF Ser Comm Corporation Ordinary Shares (Taiwan) 06/27/2006
13:35 SUICF Shuttle Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 SVCX SVC Financial Services, Inc. Common Stock 06/27/2006 From BB (SVCXE) **
13:35 SWTEF Sweeten Co Ltd Ordinary Shares (South Korea) 06/27/2006
13:35 SXINF Spentex Industries Ltd Shares Dematerialised (India) 06/27/2006
13:35 SXTKF Sitronix Technology Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 SYGEF System General Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 SYWRF Sysware Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 TAYSF Ta Yi Systems Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 TERHF Test Research Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 TESVF Test Serv Inc Ordinary Shares (Taiwan) 06/27/2006
13:35 THDTF Thunder Tiger Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 TILBF Tien Liang Biotech Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 TKIGF Taiwan Kong King Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 TSURF Taiwan Surface Mounting Technology Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 TUHSF Trust Search Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 TWHOF Taiwan Paiho Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 TWSMF Taiwan Semiconductor Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 TWUNF Taiwan Union Technology Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 UFBV Universal Food and Beverage Company Common Stock 06/27/2006 From BB (UFBVE) **
13:35 UIFMF Uniform Industrial Corporation Ordinary Shares (Taiwan) 06/27/2006
13:35 ULSRF Ultra Source Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 UPLUF Uniplus Electronics Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 UVMCF Universal Microelectronics Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 WKSMF Winstek Semiconductor Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 WNDSV Windstream Corporation Class A Merger Consideration Shares When Issued 06/27/2006 Please refer to UPC 029-2006
13:35 YAHGF Ya Horng Electronics Co Ltd Ordinary Shares (Taiwan) 06/27/2006
13:35 YGTKF Youngtek Electronics Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 YKOTF Yoko Technology Corp Ordinary Shares (Taiwan) 06/27/2006
13:35 ZNITF Zenitron Co Ltd Ordinary Shares (Taiwan) 06/27/2006
http://www.otcbb.com/asp/dailylist_detail.asp?d=06/26/2006&mkt_ctg=NON-OTCBB
Taiwan's assembly fails to oust Pres. Chen
(Kyodo)
Taiwan's parliament failed Tuesday to approve a proposal to oust President Chen Shui-bian from office, but the opposition said recall actions are unlikely to end.
The proposal was vetoed by the legislature as expected with only 119 opposition and independent lawmakers supporting it, well short of the 148 needed for such a motion to pass.
A two-thirds majority of the 221 members in the assembly is required for the passage of a recall.
The ruling Democratic Progressive Party, which portrayed the opposition recall motion as a "vicious power struggle," boycotted the proposal by casting no ballots.
Twelve members of the radical Taiwan Solidarity Union, which advocates independence for Taiwan, disagreed with the opposition but cast invalid ballots to distance themselves from the DPP stance.
Analysts said that although Chen, whose popularity has fallen to a record low, survived the political crisis in his life, he has inevitably become a lame duck leader with less than two years to go before his term ends.
Ahead of the parliamentary vote, opposition Nationalist Party Chairman Ma Ying-jeou made last-ditch lobbying efforts by calling for ruling DPP lawmakers to "stand for justice."
He also repeated his call for Chen to step down to take responsibility for incompetence and corruption scandals involving his inner circle.
"This is a historic moment," Ma had said. "Chen should tell the truth and the DPP should stand up to corruption instead of standing for it."
The KMT said it had collected more than 1.6 million signatures around the island seeking to unseat Chen.
Outside the Legislative Yuan, where nearly 5,000 policemen have been deployed since late Monday, a tense standoff continued with supporters of the two rival parties shouting slogans at each other, but no clashes were reported so far.
Last month, Chen's son-in-law was detained on suspicion of insider trading in shares of a land development company and of influence-peddling in several other cases.
Chen's wife has been accused of receiving gift vouchers issued by a Taipei department store, and his right-hand man has been accused of reaping returns through insider trading and intervening in bank mergers.
The recall motion has sparked political turmoil with thousands of opposition supporters taking to the streets to protest against Chen for three consecutive weekends and pro-Chen rallies taking place outside the presidential palace for two weekends.
Chen ousted the KMT from the Taiwan presidency in 2000 on a reform, anticorruption platform. He was reelected in 2004.
http://asia.news.yahoo.com/060627/kyodo/d8igap4g0.html
Taiwan dollar rises on exporters, fund inflows
Tue Jun 27, 2006 5:11am ET
(Adds closing prices, quotes)
TAIPEI, June 27 (Reuters) - The Taiwan dollar <TWD=TP> rose on Tuesday on exporters' deals and foreign fund inflows, with a failed parliamentary vote to oust President Chen Shui-bian having little impact on the local currency.
The Taiwan currency ended firmer at T$32.664 to the U.S. dollar, after opening unchanged at Monday's close of T$32.729. Volume on the main Taipei Forex Inc. exchange rose to US$725 million from US$588 million a day earlier.
"We saw more exporters than importers in the market today since it's near the end of the month," said a dealer in Taipei. "There were also foreign fund inflows, which helped boost the Taiwan dollar."
On Tuesday, foreign institutions bought a net T$1.286 billion (US$39.3 million) in Taiwan's stocks <.TWII>, which rose 0.75 percent.
An unprecedented parliamentary vote aimed at unseating Chen failed, but Taiwan's markets largely ignored the result as the outcome was within expectations.
Dealers said they were waiting for interest rate moves by the U.S. Federal Reserve and Taiwan central bank later in the week. The market expects the Fed to raise rates by a quarter percentage point and Taiwan to lift rates by 12.5 basis points.
"Some investors who were long on the U.S. dollar squared their positions ahead of the Fed meeting," said another dealer in Taipei.
"What the market is interested in is what the Fed says after the meeting because it gives an indication on whether rates will continue to rise," the dealer said.
The Japanese yen <JPY=> firmed to 116.14/19 to the U.S. dollar from 116.23/28.
On the smaller Cosmos exchange <TWD=COSM>, the Taiwan dollar rose to T$32.662 to the U.S. dollar from Monday's close of T$32.724.
Taiwan's embattled president snubs resignation demand, says wife innocent
Related News »
• Taiwan's leader to address nation over scandals
• Thousands rally to push Taiwan's embattled president out of office
• Taiwan president attacks opposition recall bid
TAIPEI : Taiwan's President Chen Shui-bian, under pressure over scandals implicating his family, rejected opposition demands that he resign and insisted his wife is innocent of any wrongdoing.
"Some people claimed my wife has taken vouchers from a local department store for lobbying favours. This is definitely not true," Chen said in a nationally televised speech.
"The allegations are immoral and must not be used to play up against me," he said.
"I had previously said if my wife had done so (accepted vouchers), then I would resign. The promise remains effective."
First Lady Wu Shu-chen is under investigation for allegedly accepting and selling five million Taiwan dollars (US$156,000) of department store gift certificates in exchange for lobbying favours.
While defending his wife, Chen said he fully respects the law. "It is hard to promise there would not be any corrupt officials in government, but they should be punished according to the law."
Apart from his wife's case, the president's son-in-law Chao Chien-ming was arrested in late May for alleged insider trading involving bank executives, corporate bosses and financial officials.
One of Chen's top aides has also been indicted for corruption.
Opposition legislators from the Kuomintang (KMT) party and People First Party are leading a campaign to force the president out of office.
Parliament last week scheduled a vote for June 27 on whether to hold a national referendum to make him quit two years before his second term expires in 2008.
Chen has decided not to rebut the complaints in the opposition-controlled parliament but to appeal directly to the people.
"I realise 90-95 percent of you have no idea about the 10 major reasons the opposition are using against me. Tonight, I am going to make it clear so you can decide if the reasons make any sense," he said in his speech.
"The opposition claim I have violated the constitution over the past six years. My dear fellow countrymen, have I violated the constitution? I implore you to uphold justice for me," he said.
The independence-leaning Chen was first elected in 2000, ending a half-century of dominance by the KMT which favors friendly ties with Beijing. He was narrowly re-elected to a second and final term in 2004.
Taiwan split from mainland China in 1949 after a long civil war between the communists and nationalist KMT forces. China still considers the island part of its territory and threatens to invade if it formally declares independence.
Political observers said Tuesday's address, spoken largely in the Taiwanese dialect, is apparently aimed at soliciting support from independence-minded islanders to offset the opposition campaign.
They expect Chen to survive the parliamentary vote, but say the issue could provoke months of damaging political turmoil for the island of 23 million people.
Ahead of Tuesday's address, dozens of opposition lawmakers protested against Chen for refusing to address parliament.
Lawmakers outside the presidential office in Taipei shouted: "Contempt for parliament!" Some scuffled with police who tried to stop them from demonstrating. - AFP/de
Taiwan's president addresses the public as opposition tries to recall him
TAIPEI, Taiwan (AP) - Taiwan's president struck back Tuesday at the opposition's campaign to recall him, saying in a live TV address that his rivals were falsely accusing his wife of corruption and their bid to oust him had no merit.
President Chen Shui-bian worked his way through a long list of arguments the opposition has used to justify the campaign to sack him with two years left in his second term. The allegations include claims that Chen has mismanaged the economy and that his family is corrupt.
"Clean government is my highest principle,'' Chen said as he denied allegations that his wife, Wu Shu-chen, accepted gift vouchers from the Sogo department store.
"If my wife took Sogo vouchers, I promised I would step down. This promise will never expire,'' he added.
The president's wide-ranging evening TV address came a day before the legislature is to begin a debate over a possible referendum on whether he should be recalled. Lawmakers plan to vote on the issue on June 27.
Chen's troubles began last month with allegations that his son-in-law, Chao Chien-min, was involved in insider trading. Chao, a physician, was arrested on May 24 and the probe continues.
The president didn't say that Chao was innocent, but pledged that his son-in-law wouldn't receive preferential treatment as the investigation continues.
"Everyone is equal before the law,'' he said. Chen acknowledged that the economy hasn't been great, but said it's strong in many ways. He noted that exports and foreign exchange reserves were up, and that the jobless rate would likely fall below 4 percent in 2006.
"If the economy is not good, how come foreign investors want to be here?'' he asked.
Chen added that lawmakers should spend less time on political feuding and team up to improve the island's economic competitiveness.
"If we all can unite and forget about the political struggle, I believe the ratings will improve,'' he said.
The Constitution allows Chen to give a written statement to the Legislature defending his presidency. But he decided to speak directly to the public via television because he doesn't think the recall campaign is legitimate.
"I have decided not to issue a defense, but to speak to the people,'' Chen said. Opposition lawmakers _ who have only a slim majority _ aren't expected to muster the two-thirds majority needed to pass the motion for a referendum.
James Soong, one of the recall bid's main drivers, said Tuesday the campaign wasn't an attempt by him to grab more power. He said he would retire if Chen is recalled. "I'll pull out of politics,'' said Soong, leader of the minor opposition People First Party.
Uncertainty over the campaign against Chen hurt investor confidence on the island's stock market Tuesday, traders said. The Weighted Price Index of the Taiwan Stock Exchange fell 219.49 points, or 3.3 percent, to 6,363.55.
"People don't know how long this political back-and-forth will last,'' said Daniel Tseng, an analyst at Fubon Securities Investment Services in Taipei. - AP
http://thestar.com.my/news/story.asp?file=/2006/6/20/apworld/20060620214514&sec=apworld
Taiwan Pres: Will Resign If Wife Found Guilty In Scandal
06/20/2006
Dow Jones News Services
(Copyright © 2006 Dow Jones & Company, Inc.)
DJ Taiwan Pres: No Concrete Reasons For Opposition Recall
06-20-06 0811ET
DJ Taiwan Pres Defends Economic Policy, Says Exports Up
06-20-06 0831ET
TAIWAN Brokers? Can anyone recommend a good discount broker.
Have been seeing some interesting basing patterns in TW and the sell off looks like it would give a good opportunity to enter again. When the Taiwan syndicates get hold of a stock they make the waiting worthwhile. My experience of them in Thailand is that you have to get in before or early on the first day of a breakout.
Looking for good low comm and low maintenence fee broker who could accomodate small orders and with small account minimums. Maybe KGI? Boom in HK covers it but min comm makes a minimum transaction size below USD10,000 non viable - not trading momo, looking at sleepers so small positions.
TIA
Taiwan's Chen to address public over recall motion
(Kyodo) _ Taiwan President Chen Shui-bian decided Monday to fight back against a boisterous recall motion launched by the opposition over a string of scandals involving his inner circle, saying he will address the public on Tuesday.
Chen's move comes one week after the opposition-dominated parliament formally put the historic recall motion at the top of the agenda for a special session, which initiated an all-out, island-wide drive seeking to oust the president from office.
"President Chen has decided to face the reality and to take responsibility in an unevasive attitude," Presidential Office Secretary General Mark Chen said. "He will report to the people and seek everyone's understanding of how much he has done for the people for the past six years."
The Presidential Office noted that Chen's one-hour speech will be broadcast live Tuesday evening, during which he as a national leader will not only talk about many of his achievements but also clarify various doubts over his family members.
Last month, Chen's son-in-law was detained on suspicion of insider trading of shares of a land development company as well as influence-peddling in its acquisition of syndicated loans and several other cases.
In addition, Chen's wife, Wu Shu-chen, was also accused of receiving free vouchers issued by a Taipei department store after its new management successfully seized control of the company.
Investigative hearings held by the legislature have been under way for a week. Regardless of whether Chen submits a reply to the motion, lawmakers will go ahead with debates over the recall motion on Wednesday and put the proposal to a vote on June 27.
Despite his low popularity, the president is likely to survive the motion given that it needs a two-thirds majority in the currently 221-seat Legislative Yuan and further approval by more than half of Taiwan's eligible voters in a referendum.
The recall motion has sparked extended political strife for the past weeks, with thousands of people launching anti-Chen campaigns for three consecutive weekends and a large-scale pro-Chen rally taking place Saturday outside the presidential palace.
Chen ousted the Nationalist Party (KMT) from the presidency after five decades in power in 2000 on an anti-corruption, reform platform and was reelected in 2004.
http://asia.news.yahoo.com/060619/kyodo/d8ib8nb80.html
Taiwan stocks rise 2 pct, transport shares surge
TAIPEI, June 14 (Reuters) - Taiwan stocks jumped 2 percent at noon on Wednesday as investors cheered a government move to relax air links with mainland China, with top air carriers and tourism shares leading the way.
At 0404 GMT, the main TAIEX share index <.TWII> was up 2.04 percent at 6,466.38, recouping all the ground it lost on Tuesday.
For hot stocks, double click [nTP297449].
This chart is not correct. UMC was 3.00 last week and closed basically at 3.00 today... sumpthin fishy here on the chart
UMC & 2303.tw
AUO vs. 2409.TW
TSM ADR vs. 2330.TW
TABLE-Taiwan corporate results in May
Fri Jun 9, 2006 6:37 AM ET
TAIPEI, June 9 (Reuters) - May results of major Taiwan
companies (in millions of Taiwan dollars unless otherwise
stated):
.
*TECH SECTOR*
COMPANY SALES MONTH/MONTH(%) YEAR/YEAR(%)
Nanya Tech <2408.TW> 5,736 -0.3 75.0
Powerchip <5346.TWO> 6,312 4.3 74.4
UMC <2303.TW> 8,504 0.5 31.5
AU Optronics <2409.TW> 20,134 -10.3 30.9
Mediatek <2454.TW> 3,730 11.7 15.4
Compal <2324.TW> 16,606 -22.5 4.9
Quanta <2382.TW> 26,222 -27.2 -6.5
TSMC <2330.TW> 26,777 -1.4 37.2
HTC <2498.TW> 8,336 9.7 63.4
Taiwan Mobile <3045.TW> 1,525* -68.3 0.7
Chunghwa Tel <2412.TW> 15,010 -3.0 1.1
Asustek <2357.TW> 31,731@ 3.0 42.1
Acer <2353.TW> 24,320@ 14.2 6.4
BenQ <2352.TW> 18,700@ 2.2 110.8
Lite-On <2301.TW> 14,400 0.1 8.0
Chi Mei <3009.TW> 12,112@ -7.0 5.7
ASE <2311.TW> 8,697@ 0.8 51.9
.
*FINANCIAL SECTOR*
COMPANY SALES MONTH/MONTH(%) YEAR/YEAR(%)
SinoPac Fin <2890.TW> 355* N/A -25.6
.
*OTHERS*
COMPANY SALES MONTH/MONTH YEAR/YEAR
China Steel <2002.TW> 3,071# 23.8 -59.4
Formosa Pet <6505.TW> 50,689 15.8 41.3
EVA Air <2618.TW> 7,170 4.2 8.7
President <2912.TW> 8,532 4.3 1.3
Formosa Plas <1301.TW> 13,114 5.5 32.0
.
NOTE: @ denotes consolidated figures
* denotes net profit
# denotes pretax profit
& indicates subsidiaries net profit
.
SOURCE: Company statements
(US$=T$32.5)
Taiwan Shares Rebound 1.8 Percent
Friday June 9, 4:48 am ET
Taiwan Shares Rebound 1.8 Percent Despite Political Uncertainties, Outlook for U.S. Economy
TAIPEI, Taiwan (AP) -- Taiwan shares rebounded Friday after they plunged earlier this week on uncertainties about the domestic political situation and the outlook for the U.S. economy.
The Weighted Price Index of the Taiwan Stock Exchange gained 112.82 points, or 1.8 percent, to 6,444.63, but it ended 7.4 percent lower for the week as a whole.
Taiwan's main index plunged 627.83 points, or 9 percent, in the previous four sessions, as markets fell globally on concerns U.S. growth may stall on higher interest rates and lower U.S. demand.
Domestically, an opposition campaign to oust President Chen Shui-bian over insider-trading allegations against relatives aggravated investors' nervousness.
"The market hasn't fallen so much in such a short period before," said Alex Huang, an assistant vice president of Barits International Securities. "Today's rebound was quite natural. It is the first signal the market may have reached a bottom."
Index heavyweight Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker by revenue, gained 4.7 percent at 58.5 New Taiwan dollars, after falling 10.6 percent over the previous four sessions.
TSMC's smaller rival, United Microelectronics Corp., rose 2.1 percent to NT$19.2, after Thursday's fall of 1.2 percent.
Mobile phone maker Compal Communications surged by the 7 percent daily limit to NT$162.
AU Optronics, the world's third-largest liquid-crystal-display panel maker by revenue, rose 6.4 percent to NT$42.55, after a 14.6 percent decline in the previous four sessions.
The technology sector rose 2.4 percent as a whole and the financial sector gained 1.3 percent.
Cathay Financial Holding, Taiwan's largest financial firm by assets, rose 2.3 percent to NT$70.4 after falling 8.5 percent between Monday and Thursday.
Shin Kong Financial Holding rose 2.4 percent to NT$31.75.
There were 567 gainers, 190 decliners, and 86 stocks closed unchanged.
That's great news for UMC
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Taiwan Stock Exchange:
http://en.wikipedia.org/wiki/Taiwan_Stock_Exchange
Taiwan Stock Exchange
From Wikipedia, the free encyclopedia
The Taiwan Stock Exchange Corporation (TSEC) is a financial institution, located in Taiwan, Republic of China, located at 17 Po-Ai Road, Taipei, Taiwan. The TSEC was established in 1961 and began operating as a stock exchange on 9 February 1962.
The current chairman of the TSEC is Mr. Sean Chen.
Taiwan Stock Exchange Official Site:
http://www.tse.com.tw/ch/index.php
Yahoo charts (TWII is real time - SSE is not):
,
,
Taiwan specific News Link:
http://asia.news.yahoo.com/taiwan.html
http://www.worldjournal.com/wj-twnews.php (Chinese Version)
HK: Hang Seng Index
http://www.hsi.com.hk/
http://asia.news.yahoo.com/hong-kong.html
http://asia.news.yahoo.com/china.html
Chinese Stocks(in Chinese):
http://www.worldjournal.com/pages/fn_asianmkts
Key Issues: US Eastern Daylight Time = 12 hours opposite of Taipei
UTC/GMT Offset Standard time zone: UTC/GMT +8 hours
http://www.timeanddate.com/worldclock/city.html?n=241
http://hk.myblog.yahoo.com/beautiful-mandy
Reason for Live http://www.youtube.com/watch?v=ut3AhmclYNc&NR=1
Bo_Event_薄熙来 http://ap.ntdtv.com/b5/20120311/video/90843.html
NK_Rocket http://v.ifeng.com/v/cxwx/index.shtml#28c82bd3-5f51-4a9c-ab63-7dbbd0040199
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