(Adds local press reports)
TAIPEI, Aug 6 (Reuters) - Here are news stories and press
reports that may affect the Taiwan stock market on Wednesday.
Shares could open higher after Wall Street rallied more than
2 percent on the Fed's signal that it is in no rush to raise
interest rates, with Hon Hai getting an extra potential boost
from reports it plans to invest T$100 billion in Taiwan.
REUTERS HEADLINES
> Taiwan's July CPI up 5.92 pct y/y [nTP285275]
> ASE's Q2 profit falls 6 pct, sees flat Q3 [nTP170230]
> FUND VIEW-Fidelity buys China shares, hopeful on Asi[TP286581]
> Taiwan's forex reserves at $290.90 bln at end-July[nTPU001245]
> Taiwan-China's air passenger traffic up [nTP267188]
> Taiwan July exports growth seen easing to 16.8 pct [nTP217372]
> Taiwan stocks end at 3-wk low after Wall St dip, TS[nTP281033]
> Taiwan dollar falls on fund outflows, stocks declin[nTP300084]
> Foreign trading in Taiwan stocks [nTP170358]
> US stocks rally on Fed rate signals, oil retreat [nN05358463]
LOCAL PRESS REPORTS
-- Hon Hai <2317.TW> Group will announce a plan to invest
T$100 billion ($3.26 billion) in three major projects in Taiwan,
the Commercial Times reported.
-- Fubon Financial <2881.TW> has found a mainland Chinese
securities firm to invest in and signed an MOU, and will apply
for the financial regulator's permission to go ahead with the
deal, the Commercial Times reported, citing Fubon's chairman.
-- Vice President Vincent Siew said Blackstone Group <BX.N>
chief executive Stephen Schwarzman told him the U.S. private
equity firm has high hopes for investment in Taiwan, the Economic
Daily reported.
-- The TechCrunch industry Website said that Hon Hai's
Foxconn <2038.HK> unit would raise its annual 3G iPhone
production capacity to 40 million units, well above industry
expectations for 25 million, the Economic Daily reported.
----------------------MARKET SNAPSHOT @ 2356 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 <.SPX> 1284.88 2.87% 35.870
USD/JPY <JPY=> 108.3 0.03% 0.030
10-YR US TSY YLD <US10YT=RR> 4.0225 -- 0.000
SPOT GOLD <XAU=> 875 0.20% 1.750
US CRUDE <CLc1> 118.32 -0.71% -0.850
DOW JONES <.DJI> 11615.77 2.94% 331.62
ASIA ADRS <.BKAS> 141.39 2.55% 3.52
-------------------------------------------------------------
OTHER INDEXES/TAIWAN ADRS
LAST % CHANGE
Phil. semicon index <.SOXX> 3.13
Adv Semicon Eng (ASE) <ASX.N> -0.24
AU Optronics <AUO.N> 1.14
Chunghwa Telecom <CHT.N> 2.05
Siliconware <SPIL.O> -3.84
TSMC <TSM.N> 4.26
UMC <UMC.N> 2.45
For a table of foreign trading in Taiwan stocks, double-click
on [ID:nTP16023]
For a diary of forthcoming events see [TW/DIARY]
For a diary of economic indicators see [TW/ECI\]
((Reporting by Doug Young; editing by Jonathan Hopfner; Reuters
Messaging: [email protected]; +886 2 2508 0815))
ASIA-PACIFIC STOCK MARKETS:
Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS]
S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW]
Australia/NZ.........[.AX] India.......[.BO] China......[.SS]
OTHER MARKETS:
Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/]
Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/]
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LIVE PRICES & DATA:
World Stocks <0#.INDEX> Currency rates <EFX=> <NFX=>
Dow Jones/NASDAQ <.DJI> <.IXIC> Nikkei <.N225>
FTSE 100 <.FTSE> Debt <0#USBMK=> <EURIBOR>
Taiwan dollar <TWD=TP> LME price overview <RING=>
TAIWAN MARKET:
Taiwan equity mkt <TW/MENU> TAIEX <.TWII><.TV.TW>
Other indices <0#.INX.TW> TAISDAQ <.TWOII><.TV.TWO>
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Keywords: MARKETS TAIWAN STOCKS FACTORS