Jan
24
Morning Tea for Wed, Jan 24
January 24, 2007 | Leave a Comment
The Taiwan weighted index closed virtually flat at 7842 on Tuesday. The index traded in a ~40 point range finally closing up 0.13%. In other asian market Shanghai Index closed at 3081 for a gain of 3.6%.
The French bank BNP Paribas SA pulled out of a three year joint venture with a Chinese securities firm. […]
Jan
22
Morning Tea for Mon, Jan 22
January 22, 2007 | Comments Off
The Taiwan weighted index finished up 78 points last week. last week was an up week as the index was up four out of five trading days.
The Swiss banking giant UBS AG is opening the first full service foreign brokerage firm in China. UBS AG has a with a full set of licenses to […]
Jan
18
Morning Tea for Thur, Jan 18
January 18, 2007 | Leave a Comment
Asian markets finished higher after a rough start. Most Asian markets were down at the open after Intel’s slide after the close of the US markets. Intel reported earnings that beat the street by a penny, but still fell on warnings that margins would be under pressure going forward.
The Taiwan weighted index opened 34 points […]
Jan
17
Morning Tea for Wed, Jan 17
January 17, 2007 | Comments Off
The Taiwan weighted index varied between 7,780.65 and 7,831.20 on Tuesday. After opening slightly higher at 7,792.77, the market moved to 7831.20 by the mid morning. The rally did not last, and the market gave up most of the gain by noon. The market finally closed up 8.58 at 7,792.08.
Most Asian markets were higher […]
Jan
16
Morning Tea for Tue, Jan 16
January 16, 2007 | Comments Off
The broader market opened higher yesterday, rising to 7,814. The market fell during the mid day below Friday’s close. The market did recover by 11am and traded flat the rest of the day to close at 7,783, up 22.79.
The US markets were closed on Monday for the Martin Luther King holiday. Asian markets followed […]
