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Taiwan shares open higher (Mar 9)
The Taiwan Stock Exchange's main index opened higher Tuesday than its previous close, moving up 0.13 points at 7,762.40 on a turnover of NT$2.206 billion (US$69.18 million).

The weighted price index gained 96.01 points, or 1.25 percent, to close at 7,762.27 Monday.


Foreign exchange rates (Mar 9)
The exchange rates for major foreign currencies quoted in New Taiwan dollars by Chang Hwa Bank Tuesday.

BUYING RATES SELLING RATES US dollar 31.658 32.058 Euro 42.87 43.87 Hong Kong dollar 4.056 4.156 Japanese yen 0.3508 0.3568 Australian dollar 28.84 29.04 Canadian dollar 30.86 31.06 Pound sterling 47.61 48.01 Singapore dollar 22.62 22.82 South African rand 4.249 4.349 Sweden krone 4.423 4.523 Swiss Franc 29.55 29.75 Thai baht 0.9583 0.9783 N. Zealand dollar 22.12 22.32 Chinese yuan 4.516 4.736

* Exchange rates for the US dollar...


US dollar down in early Taipei trading (Mar 9)
The U.S. dollar was traded at NT$31.869 at 9: 45 a.m. Tuesday on the Taipei Foreign Exchange, down NT$0.021 from Monday's close.


Chinese Gamer Int'l rises to one-month high (Mar 9)
(ChinaPost.com.tw) - Chinese Gamer International Corp. rose to a one-month high in Taipei trading on expectations of “good” February sales, said Capital Securities Corp. Vice President Diana Wu.


CPC restarts gasoline unit in Kaohsiung refinery (Mar 9)
(ChinaPost.com.tw) - CPC Corp., Taiwan’s state-owned oil company, said it restarted a gasoline-making unit at its Kaohsiung oil refinery Monday after a five-month stoppage.


Taiwan February oil imports fall on Chinese New Year holiday (Mar 9)
(ChinaPost.com.tw) - Taiwan, which imports more than 99 percent of its crude oil needs, reduced purchases of the fuel last month as the Chinese New Year holiday cut the number of working days.


Taiex surges 1.25% on strong electronics shares (Mar 9)
(ChinaPost.com.tw) - The weighted share price index of the local bourse yesterday surged sharply in line with strong showings of the U.S. and Asian stock markets and amid bullish performance of electronics shares, to close at 7,762.27, up 96.01 points or 1.25 percent from the previous session.


Fubon acquires two Vietnamese branches of troubled Chinfon Bank (Mar 9)
(ChinaPost.com.tw) - Fubon Taipei Commercial Bank, the major banking arm of the Fubon Financial Holding Co., has officially completed its acquisition of the Ho Chi Minh and Hanoi branches of the financially-troubled Chinfon Bank already taken over by the government here.


Taiwan Int’l, Fulltech fall after Pang probe (Mar 9)
(ChinaPost.com.tw) - Taiwan International Securities Corp. and Fulltech Fiber Glass Corp. fell in Taipei trading after their offices were raided as part of an investigation into Private Equity Management Group Inc., whose founder Danny Pang committed suicide after being accused of lying to his investors.


Central bank asks lenders for mortgage data (Mar 9)
(ChinaPost.com.tw) - Taiwan’s central bank has told lenders to submit data on their home mortgage operations after outstanding loans for residential purchases reached a record, spurring concerns speculation could push property prices higher.