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Taipei, June 12 (CNA) Shares in Taiwan closed higher Monday as interest in artificial intelligence pushed chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) and iPhone assembler Hon Hai Precision Industry Co. higher, dealers said. ....
Taiwan’s major developers remain positive about their business prospects this year, even though an ongoing COVID-19 outbreak and unfavorable policy measures are dampening buying interest. Continental Development Corp (CDC, 大陸建設), the property development arm of Continental Holdings Corp (欣陸投控), on Wednesday said that it is planning to go ahead with development projects and land hunting, as it is seeking to support earnings in the next few years. “The ongoing virus outbreak will be another temporary damper on the housing market,” CDC chief executive officer Liao Tsung-sen (廖淳森) told a news conference in Taipei. However, the situation would improve once the COVID-19 situation stabilizes, ....
Taipei, March 22 (CNA) Shares in Taiwan closed almost flat Tuesday, after moving in consolidation mode, as investors' sentiment was dictated by a lackluster performance of the United States markets, in the wake of a hawkish statement by U.S. Federal Reserve Chair Jerome Powell, dealers said. ....
Huang Hsiang Construction Corp (皇翔建設) has proposed a record-high cash dividend after net profit last year hit the highest in nine years at NT$2.45 billion (US$85.59 million). With earnings per share of NT$7.46, the company plans to pay a cash dividend of NT$6.3 per share, or a payout ratio of 84.45 percent. It suggests a yield rate of 13.86 percent, based on yesterday’s closing price of NT$45.45 for Huang Hsiang shares. Consolidated revenue last year amounted to NT$7.85 billion, boosted by residential projects in Taipei and New Taipei City, the company said. URBAN RENEWAL The company is seeking to undertake urban renewal projects, as ....