TAIPEI, Oct 2 (Reuters) - Following are news items and media reports that may affect the Taiwan stock market.
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MEDIA REPORTS
Reuters has not verified these reports and does not vouch for their accuracy.
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-- Hong Kong's Next Media
said it has signed an MOU with Era Communications to sell its Taiwanese TV unit, at a price rumored to be T$1.5 billion. (Economic Daily, Commercial Times)
-- Hon Hai
will co-launch a 60-inch TV with Sharp
by the end of this month. (Commercial Times)
-- Formosa Petrochemical's
net profit in Q3 is expected to return above T$10 billion, benefitted by rising oil prices, and its revenue in the first three quarters will turn positive. (Commercial Times)
----------------------MARKET SNAPSHOT @ 0028 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG S&P 500 1444.49 0.27% 3.820 USD/JPY 78.03 0.08% 0.060 10-YR US TSY YLD 1.6284 -- 0.010 SPOT GOLD 1780.09 0.36% 6.300 US CRUDE 92.61 0.14% 0.130 DOW JONES 13515.11 0.58% 77.98 ASIA ADRS 120.39 0.04% 0.05
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TAIWAN ADRS COMPANY RIC PCT CHANGE TSMC +0.51 UMC +0.98 Advanced Semi Engineering +2.68 AU Optronics +1.44 Chunghwa Telecom +0.22 Siliconware +1.81 Philadelpia semicon index -0.30
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