Taiwan’s main bourse will install Lee Sush-der as chairman in a ceremony on Feb. 25 after Schive Chi’s appointment to the island’s Cabinet amid the naming of a new premier and other officials this month.
Hon Hai Precision Industry Co., the largest company in Foxconn Technology Group, posted its fastest profit growth for the industry’s traditional low season in four years as it boosted efficiency and gained from a fall in the Chinese yuan.
Taiwan’s exchange is looking at the unusual trading volume and price movements in HTC Corp. stock before the announcement of a patent settlement with Apple Inc. The shares fell for the first time in six days.
Taiwan’s stock exchange is seeking to create a cross-border stock trading platform with Singapore by this year to boost overseas access to the island’s listed shares, Chairman Lee Sush-der said in an interview.