Banking/Financial Service

UMC Reports 2008 First Quarter Results: Revenue from 90nm and below jumps to 37%

First Quarter 2008 Overview(1): -- Revenue decreased 13.1% sequentially to NT$24 billion (US$790 million) -- Net income decreased to NT$206 million (US$7 million) -- Revenue from 90nm technology and below was 37% -- EPS was NT$0.02; EPADS was US$0.003 ...

2008-04-30 20:02 578

Advanced Semiconductor Engineering, Inc. Reports Unaudited Consolidated Financial Results For First Quarter Of 2008

TAIPEI, Taiwan, April 30 /Xinhua-PRNewswire-FirstCall/ -- Advanced Semiconductor Engineering, Inc. (TAIEX: 2311; NYSE: ASX) ("We", "ASE", or the "Company"), the world's largest independent provider of IC packaging and testing services, today reported unaudited net revenues (1) of NT$24,695 m...

2008-04-30 19:36 410

April Consumer Confidence Hits New Low Due to Stock Market Falls, Long Term Business Outlook Keeps Rising

SHANGHAI, April 30 /Xinhua-PRNewswire/ -- Xinhua Finance eziData China Consumer Confidence Index (CCCI) was updated today, with the survey results showing that, under the pressure of unrelieved rising general prices and a fast falling stock market, Chinese consumer confidence failed to maintai...

2008-04-30 11:40 1210

TSMC Reports First Quarter EPS of NT$1.10

HSIN-CHU, Taiwan, April 29 /Xinhua-PRNewswire-FirstCall/ -- TSMC (NYSE: TSM)(TAIEX: 2330) today announced consolidated revenue of NT$87.5 billion, net income of NT$28.14 billion, and diluted earnings per share of NT$1.10 (US$0.17 per ADS unit) for the first quarter ended March 31, 2008. ...

2008-04-29 15:00 547

Chi Mei Optoelectronics Announces Unaudited First Quarter 2008

TFT-LCD Net Sales of NT$ 92 Billion and Operating Margin of 19.3% TAINAN, Taiwan, April 29 /Xinhua-PRNewswire-FirstCall/ -- Chi Mei Optoelectronics (CMO) (TAIEX: 3009) today announced its first quarter 2008 results (1). Combined TFT-LCD net sales for the first quarter 2008 amounted to NT$ 92,...

2008-04-29 15:48 474

Digi International Reports Second Fiscal Quarter 2008 Results

Strong International Revenue Growth Offsets Weakness in the Americas MINNETONKA, Minn., April 29 /Xinhua-PRNewswire/ -- Digi International(R) Inc. (Nasdaq: DGII, http://www.digi.com ) reported revenue of $43.1 million for the second fiscal quarter of 2008, compared with $42.9 million for the ...

2008-05-05 11:35 628

Investor Journal Newspaper for the Retail Investor Market in China is Launched Today

BEIJING, April 28 /Xinhua-PRNewswire-FirstCall/ -- XFMedia (Nasdaq: XFML), a leading media group in China, announced that The Investor Journal was launched today. Investor Journal is a new Chinese weekly newspaper aimed at the large and growing retail investor market in China. The C...

2008-04-28 21:25 959

Ascend Acquisition Corp. and e.PAK Resources (S) Pte. Ltd. Terminate Business Combination

NEW YORK, April 28 /Xinhua-PRNewswire-FirstCall/ -- Ascend Acquisition Corp. (OTC Bulletin Board: ASAQ, ASAQU, ASAQW) (“Ascend”), a public company organized for the purpose of acquiring an operating business, announced today that Ascend and e.PAK Resources (S) Pte. Ltd. (“ePAK”) have termina...

2008-04-28 21:11 915

Steady Production Growth and Surging Revenues Highlights CNOOC Ltd's Remarkable Q1 Results

HONG KONG, April 28 /Xinhua-PRNewswire-FirstCall/ -- CNOOC Limited (NYSE: CEO; SEHK: 883) (the "Company" or "CNOOC Ltd.") is pleased to announce its remarkable results for the first quarter in 2008 today. Within the period, it recorded a net production of 496,753 BOE per day with a year-on-...

2008-04-28 17:14 436

Xinhua Finance and Milken Institute Launch New Indicators to Track China's Transition to Market-Oriented Economy and M&A Activities

SHANGHAI, April 28 /Xinhua-PRNewswire/ -- Xinhua Finance Ltd. (TSE Mothers: 9399 and OTC: XHFNY) and the Milken Institute today jointly released the Chinese Privatization Indicator (PVI) and the Chinese Mergers and Acquisitions Indicator (MAI). These indicators provide investors and financial ...

2008-04-28 13:08 645

Hong Li International Co. Ltd. Awards Trussnet USA Development Co. Inc. a USD 2.5 Billion TFT-LCD Plant as a 'Finance, Design and Build' Turnkey Development Project

IRVINE, Calif., April 28 /Xinhua-PRNewswire/ -- Trussnet USA Development Co. Inc. a global leader in architectural / engineering services, telecommunication services / networks, high tech facilities (TFT-LCD) and turnkey development projects, announced today that it has received a "Finance, De...

2008-04-28 13:48 570

Pacnet Limited Extends Offer Period for PIL

SINGAPORE, April 25 /Xinhua-PRNewswire/ -- Pacnet Limited formerly known as Connect Holdings Limited (the Offeror) is pleased to announce an extension of the expiration date of its voluntary cash general offer (the Offer) to acquire all the issued shares of Pacnet Internet (S) Limited, formerl...

2008-04-25 17:00 501

Xinhua Finance/MNI China Business Survey: Down Again

SHANGHAI, April 25 /Xinhua-PRNewswire/ -- Xinhua Finance (TSE Mothers: 9399) and Market News International (MNI), a part of the news service line of Xinhua Finance, today announced the April Xinhua Finance/MNI China Business Sentiment Survey. After rebounding in March from the one-off effects ...

2008-04-25 12:27 723

SEG Opens China Office

TULSA, Okla., April 24 /Xinhua-PRNewswire/ -- The Society of Exploration Geophysicists (SEG) officially opened its first international office in Beijing China on 3 April 2008. Attending the gala ceremony were SEG President Fred Aminzadeh, three former SEG presidents, SEG Executive Direct...

2008-04-25 03:00 548

Zero2IPO: M&A Value in TMT Increases by 39.9% Year-over-Year

Private-owned Enterprises Dominate in Cross-border M&As BEIJING, April 24 /Xinhua-PRNewswire/ -- Zero2IPO Research Center, the research arm of Zero2IPO Group, recently published its “China Merger & Acquisition Report Q1 2008”. According to the report, 29 transactions were closed in TMT, Bio/...

2008-04-24 20:00 568

Overseas IPO Events Decrease by 35.7% Year-over-Year

Traditional Listings Represent 80.7% of the Total IPOs BEIJING, April 24 /Xinhua-PRNewswire/ -- Zero2IPO Research Center -- the research arm of Zero2IPO Group -- recently released the "China Enterprises IPO Report Q1 2008". According to the report, during the first quarter of 2008, thirty-one...

2008-04-24 20:00 484

Chunghwa Telecom 2007 Form 20-F filed with the U.S. SEC

TAIPEI, Taiwan, April 23 /Xinhua-PRNewswire-FirstCall/ -- Chunghwa Telecom Co., Ltd (TAIEX: 2412; NYSE: CHT) ("Chunghwa" or "the Company") today announced that the Company filed its 2007 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. The Form 20-F filing is availa...

2008-04-24 08:45 436

Guangshen Railway Announces 2007 Annual Results

Net Profit Surges 85.5% to RMB1,431 Million -- Total revenues amounted to RMB10,509 million, an increase of 192.4% as compared to 2006 -- Profit from operation amounted to RMB1,765 million, an increase of 82.9% -- Profit attributable to equity holders amounte...

2008-04-23 21:00 406

First Ship Lease Trust to Distribute US$12.95 Million to Unitholders for 1Q FY08

-- Distribution per unit of US2.59 cents -- 7.0% higher than preceding quarter's US2.42 cents -- Revenue of US$16.6 million -- 10.1% higher than preceding quarter's US$15.1 million -- Total asset acquisitions of US$298 million in just over 12 months sin...

2008-04-23 00:00 520

Global Sources Scheduled to Report First Quarter 2008 Results on May 22, 2008

NEW YORK, April 23 /Xinhua-PRNewswire-FirstCall/ -- Global Sources Ltd. (Nasdaq: GSOL) expects to release results for the first quarter 2008 before the market opens on May 22, 2008. (Logo: http://www.prnasia.com/sa/200708071747.jpg ) Chairman and CEO, Merle A. Hinrichs, is schedule...

2008-04-23 14:00 599