Most of Taiwan's outdoor-furniture makers reported weaker sales in the first four months of this year compared with the same period in 2002, but they remain optimistic of a second- half recovery, expecting long-term relationships with key overseas buyers to bring some stability. Outdoor-furnitur

Taipei, Aug. 27, 2003 (CENS)--In response to an application by Formosa Plastics Corp. (FPC) to build a large-sized steel mill in the Tacheng offshore zone, Changhua County, the central government is said to have promised to help the petrochemical conglomerate carried out the investment project.

Steel makers in Taiwan are gearing up for an expected boom in demand, due mainly to trillions of dollars worth of government construction projects and the ambitious expansion of private-sector flat-panel display production facilities. The Executive Yuan, or Cabinet, has drawn up a plan to spend

Taipei, Aug. 22, 2003 (CENS)--Taiwan shares ended at their highest level since May last year on heavy buying by foreign investors, especially on technology stocks, analysts said. Foreign investors bought a net of NT$9.01 billion worth of shares on the main market, after buying a net of NT$19.17

Taipei, Aug. 20, 2003 (CENS)--Taiwan shares ended marginally lower yesterday as profit taking emerged late in the session and erased early gains buoyed by a rally on Wall Street overnight, analysts said. The weighted price index of the Taiwan Stock Exchange fell 4.64 points, or 0.1%, to 5512.16

Taipei, Aug. 15, 2003 (CENS)--Yeun Chyang Industrial Co., Ltd., a main local producer of stainless steel tubes listed on the Taiwan Stock Exchange, brought in revenue of NT$374 million in July, the highest monthly figure ever for the company. Yeun Chyang's revenue for last month jumped by 32.35%

Taipei, Aug. 8, 2003 (CENS)--Taiwan shares rose moderately to end a three-day losing streak, as market sentiment was improved after flat panel display maker AU Optronics raised its 2003 pretax profit forecast, analysts said. AU Optronics Wednesday raised its earnings projection for 2003 to NT10

Taipei, July 23, 2003 (CENS)--Taiwan shares closed higher, led by issues of dynamic random access memory (DRAM) chips on a report that South Korean chip giant Samsung Electronics has raised contract prices for its more advanced chip products, analysts said. The benchmark price index of the Taiw

Taipei, July 22, 2003 (CENS)--Taiwan shares ended lower for the second straight session yesterday amid concerns over the second-half outlook for local technology stocks, analysts said. Investors adjusted their holdings in technology stocks as a number of ex-rights issues of local electronics fi

Taipei, July 15, 2003 (CENS)--The Taiwan-based China Steel Corp. recently announced it has set up East Asia Union Steel Corp. (EAU Steel) in Tokyo in cooperation with Japan's Sumitomo Metal Industries Ltd. And its affiliate Sumitomo Trading. EAU holds a 100% stake in Upspream Company (UPCO), a s

Taipei, June 20, 2003 (CENS)--Taiwan shares rose for the sixth straight session yesterday to close above 5000 points for the first time in nearly five months, led by gains in the technology sector, analysts said. Foreign investors bought a net of NT$9.6 billion worth of shares, mostly electronic

Facing a highly competitive market, office- furniture producers in Taiwan are learning to distinguish their products from the rest of the pack through redoubled emphasis on style, ergonomic design, and reasonable pricing. The days of turning out copycat models are now long past, and local manuf

Taipei, June 4, 2003 (CENS)--Taiwan shares ended slightly lower yesterday as investors took profits on recent gains ahead of a mid-week holiday, analysts said. The local bourse will be closed today for the Dragon Boat Festival. The market underwent a consolidation after the local bourse gained

Taipei, May 26, 2003 (CENS)--Fifteen companies traded on the Taiwan Stock Exchange each amassed assets valued over NT$100 billion. The state-owned Chunghwa Telecom tops the list with NT$459 billion assets, according to their latest financial reports. Taiwan Semiconductor Mfg. Co. takes the secon

Taipei, May 15, 2003 (CENS)--The state-run China Steel Corp. (CSC), Taiwan's largest steel producer of steel, yesterday signed a contract with Sumitomo Metal Industries Ltd. Of Japan to form a joint-venture firm, East Asia Steel Corp., in Tokyo. The contract-signing ceremony was attended by CSC

Taipei, May 6, 2003 (CENS)--The state-run China Steel Corp. (CSC) will soon strike a deal with Sumitomo Metal Industries Ltd. Of Japan to launch a joint-venture company in Tokyo. CSC chairman Lin Wen-yuan is expected to leave for Japan on May 13 to sign the venture agreement with the Japanese st

Facing a highly competitive market, office- furniture producers in Taiwan are learning to distinguish their products from the rest of the pack through redoubled emphasis on style, ergonomic design, and reasonable pricing. The days of turning out copycat models are now long past, and local manuf

Taipei, April 8, 2003 (CENS)--Hsin Kuang Steel Co., Ltd. And Yeun Chyang Industrial Co., Ltd., two local steel companies listed on the Taiwan Stock Exchange, witnessed their revenues for last month grow by 19.8% and 33.7%, respectively, from March last year. Hsin Kuang provides cutting services

Taipei, Feb. 21, 2003 (CENS)--Taiwan shares ended virtually unchanged yesterday amid investors' prolonged concerns about a possible war in Iraq and overnight losses on Wall Street, analysts said. The weighted price index of the Taiwan Stock Exchange finished 0.13 points lower to 4550.70 in deal