Sunday, April 29, 2007

Taiwan's Equities Fall, Paced by Taiwan Semiconductor; Hon Hai Advances

(Bloomberg) -- Taiwan stocks fell for a second day. Taiwan Semiconductor Manufacturing Co. dropped after U.S. economic growth cooled to the slowest in four years, raising concern exporters' overseas earnings will decrease.

Hon Hai Precision Industry Co., the world's largest contract electronics manufacturer, gained after it said first-quarter profit rose 49 percent from a year earlier.


Read more at Bloomberg Stocks News

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