ANTI-DUMPING:The Ministry of Economic Affairs alleges that some local solar producers have mislabeled goods in order to avoid tariffs and sell to the EU market

Taipei Times
Date: Oct 12, 2015
By: Lauly Li  /  Staff reporter

The Ministry of Economic Affairs said it is to hand over seven local solar product makers for investigation by prosecutors, after the manufacturers allegedly threatened ministry officials when it was discovered they were mislabeling their products.

It is alleged that the solar makers had labeled goods manufactured in China as Taiwan-made prior to selling them on the European market.

“The seven manufacturers have violated the law,” Bureau of Foreign Trade Deputy Director-General David Hsu (徐大衛) told reporters during a telephone interview on Thursday night.     [FULL  STORY]

Taiwan News
Date: 2015-10-10
By: Tien Yu-pin and Frances Huang, Central News Agency

Taipei, Oct. 10 (CNA) Taiwan Ratings Corp. has raised its credit ratings for First Financial Holding Co., saying the financial holding firm’s capitalization has improved after a recent rights issue.

Taiwan Ratings, a local partner of U.S.-based Standard & Poor’s, said that after taking First Financial’s stronger capital position into account, it upgraded the financial institution’s outlook to “stable” and lifted its long-term credit rating higher to “twAA-” from “twA+.” The ratings agency also raised the long-term credit rating for First Commercial Bank, the main banking unit of First Financial, to “twAA+” from “twAA” and the bank’s outlook to “stable.”

First Financial “completed a fundraising drive through a rights issue in September and injected NT$20 billion (US$608 million) into First Commercial Bank to strengthen the bank’s capitalization and support its overseas growth,” Taiwan Ratings said. Last month, First Financial issued 1.6 billion new shares at NT$14.2 each to raise a total of NT$23.52 billion. First Financial said it injected NT$20 billion into First Commercial Bank to raise the bank’s capital adequacy ratio (CAR).     [FULL  STORY]

News Watch International
Date: Oct 8, 2015

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) has received a sell rating for the short term, according to the latest rank of 4 from research firm, Zacks. The company received an average rating of 3.67 from 3 analysts. 2 analyst have rated it as strong sell. 1 have rated it as a strong buy.

Taiwan Semiconductor Manufacturing Company Limited has dropped 1.31% during the last 3-month period . Year-to-Date the stock performance stands at 1.1%. Shares of Taiwan Semiconductor Manufacturing Company Limited rose by 5.69% in the last five trading days and 9.38% for the last 4 weeks.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) : On Wednesday heightened volatility was witnessed in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) which led to swings in the share price. The shares opened for trading at $21.68 and hit $22.1 on the upside , eventually ending the session at $21.93, with a gain of 3.3% or 0.7 points. The heightened volatility saw the trading volume jump to 13,737,875 shares. The 52-week high of the share price is $25.77 and the company has a market cap of $113,731 million. The 52-week low of the share price is at $17.32 .     [FULL  STORY]

SinoPac selects Ullink’s low-latency direct market access, centralised monitoring and pre-trade risk management solutions.

Automated Trader
Date: 8th October 2015

Hong Kong – Ullink, a provider of electronic trading and connectivity solutions, has announced that SinoPac Securities has chosen Ullink’s low-latency direct market access solution to access the Hong Kong Stock Exchange and Singapore Derivatives Exchange, together with Ullink’s pre-trade risk management solution UL Iris.

Commenting on Ullink’s Direct Market Access and risk management solutions, Mr. Maurice Lu, deputy chairman of Sinopac Futures said: “Ullink has a strong reputation in the Asian markets for supplying some of the most innovative and advanced trading solutions. We are delighted to offer our clients sophisticated and low-latency access to the Hong Kong and Singapore exchanges, with the added service of real-time risk management and position monitoring.”

Marcus Consolini, Ullink’s Managing Director for APAC, added: “We are committed to servicing our clients in the Asia Pacific region with the best available trading solutions, and are excited to count such a reputable firm as SinoPac amongst our clients. We are looking forward to help strengthen SinoPac’s offering in the region with our innovative and cutting edge solutions.”