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Taiwan shares rebound as fears over U.S. rate hike eased

Taiwan shares rebound as fears over U.S. rate hike eased
focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.

T Ai Pei , United States , Tung Ho , Tainan Municipality , Yang Ming , Tsai Ming Han , Frances Huang , Jerome Powell , Mediatek Inc , Compeq Manufacturing Co , Formosa Plastics Corp , Technology Holding Co , Tung Ho Steel Enterprise Corp , Yang Ming Marine Transport Corp , China Steel Corp , Taiwan Semiconductor Manufacturing Co , Fubon Financial Holding Co , Taiwan High Speed Rail Corp , Nan Ya Plastics Corp , Taiwan Stock Exchange , E Sun Financial Holding Co , Wan Hai Lines Ltd , Cathay Financial Holding Co , United Microelectronics Corp , Evergreen Marine Corp , Yageo Corp ,

Taiwan shares end flat, tech sector under pressure

Taipei, June 2 (CAN) Shares in Taiwan closed little changed Wednesday after investors shifted to the sell side to pocket earlier gains amid fears of a major technical pullback from a recent rebound, dealers said. ....

T Ai Pei , Tung Ho , Frances Huang , Lu Chin Wei , Formosa Petrochemical Corp , Mediatek Inc , Novatek Microelectronics Corp , Taiwan Stock Exchange , Formosa Plastics Corp , United Microelectronics Corp , Tung Ho Steel Enterprise Corp , China Steel Corp , Taiwan Semiconductor Manufacturing Co , Hon Hai Precision Industry Co , Cheng Loong Corp , Formosa Chemicals Fibre Corp , Innolux Corp , Au Optronics Corp , Nan Ya Plastics Corp , Nan Securities , Taiwan Semiconductor Manufacturing , Novatek Microelectronics , Hon Hai Precision Industry , Formosa Plastics , Formosa Chemicals , Nan Ya Plastics ,

McDermott Awarded Contract for CB&I Storage Tanks

McDermott Awarded Contract for CB&I Storage Tanks
Laxman Pai
December 12, 2018
McDermott International, the fully integrated provider of technology, engineering and construction solutions to the energy industry, announced a contract award for CB&I storage tanks from Nan Ya Plastics Corporation.
McDermott s scope of work includes the engineering, procurement, fabrication and construction of four internally framed stainless-steel umbrella roof tanks in Point Comfort, Texas.
We have the industry s leading storage business as well as the most extensive global experience of any tank construction company, said Richard Heo, McDermott s Senior Vice President for North, Central and South America.
Richard added: We have achieved this by delivering innovative and complex storage solutions, and maintaining strong and long-term relationships with our customers such as Nan Ya Plastics. ....

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Taiwan shares rally on strong tech gains

Taiwan shares rally on strong tech gains
05/25/2021 05:42 PM
CNA file photo
Taipei, May 25 (CNA) Shares in Taiwan moved sharply higher Tuesday as the bellwether electronics sector steamed ahead, led by large cap semiconductor stocks, in the wake of a rally by their counterparts on the American markets overnight, dealers said.
Buying also rotated to the petrochemical sector, giving additional support to the broader market, while shipping stocks pulled back from their recent strong upturn throughout the session, dealers said.
The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 257.38 points, or 1.58 percent, at 16,595.67, after moving between 16,444.75 and 16,657.60. Turnover totaled NT$527.34 billion (US$18.91 billion). ....

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Taiwan shares end up but come off high

Taiwan shares end up but come off high
05/14/2021 05:21 PM
CNA file photo
Taipei, May 14 (CNA) Shares in Taiwan staged a technical rebound to close 1 percent higher Friday after heavy losses over the past three trading sessions, with investors picking up bargains, in particular in the bellwether electronics sector in the wake of a rally on U.S. markets overnight, dealers said.
However, gains were capped ahead of stiff technical resistance at around 16,000 points, with the market concerned by rising domestically transmitted COVID-19 cases as well as possible volatility among U.S. tech stocks on their high valuations, they said.
The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 156.99 points, or 1 percent, at 15,827.09, after moving between 15,702.10 and 16,075.48. Turnover totaled NT$510.51 billion (US$18.25 billion). ....

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