Month: July 2017

TOMI Environmental Solutions and Astro Pak Settle Lawsuit Concerning TOMI’s Patents and IP Rights

| July 31, 2017 | Asianet Pakistan | 0

BEVERLY HILLS, Calif. and COSTA MESA, Calif., July 31, 2017 (GLOBE NEWSWIRE) — TOMI Environmental Solutions, Inc. (“TOMI”) (OTCQX:TOMZ) and Astro Pak Corporation (“Astro Pak”) announced today they have settled their litigation relating to TOMI’s patents and intellectual property rights. The parties have agreed that TOMI is the sole owner of ionized hydrogen peroxide decontamination […]

RedHill Biopharma Announces Unanimous Positive DSMB Recommendation for Continuation of the Phase III Study with RHB-104 for Crohn’s Disease

| July 31, 2017 | Asianet Pakistan | 0

The independent Data and Safety Monitoring Board (DSMB) reviewed safety and efficacy data, of which RedHill remains blinded, from the first 222 subjects who have completed week 26 assessments in the Phase III MAP US study To date, over 300 of the planned 410 subjects, have been randomized in the Phase III MAP US study […]

Taiwan denies accusation of ‘dollar diplomacy’

| July 31, 2017 | | 0

Taipei–Taiwan’s government on Monday denied accusations that it is engaging in “dollar diplomacy” by offering financial assistance not tied to any specific projects to its diplomatic allies.Presidential Office spokesman Sidney Lin (???) said the gover…

Foreign minister had no plans to visit 3 other Caribbean allies: MOFA

| July 31, 2017 | | 0

Taipei–Taiwan’s foreign ministry said Monday that a recent trip to the Caribbean region by Foreign Minister David Lee (???) was planned for only two of the country’s diplomatic allies, not five, as reported in the local media.The main purpose of Lee’s…

Nesat, Haitang leave estimated agricultural losses of NT$176 million

| July 31, 2017 | | 0

Taipei–The losses in Taiwan’s agricultural sector as a result of two recent storms that hit the country in as many days has been estimated at NT$176 million, the Council of Agriculture (COA) said Monday.During the passage of Typhoon Nesat and Tropical…

Taiwan shares edge higher

| July 31, 2017 | | 0

Taipei–Shares in Taiwan closed slightly higher Monday and remained above the monthly moving average of 10,425 points for the eighth consecutive trading session.

The weighted index on the Taiwan Stock Exchange closed up 4.28 points, or 0.04 percent, at the day’s high of 10,427.33 on turnover of NT$95.56 billion (US$3.23 billion).

The market opened at 10,396.76 points after stocks were mixed on Wall Street with the Dow Jones Industrial Average closing 0.15 percent higher at 21,830.31 points, while the S&P 500 Index fell 0.13 percent to end at 2,472.10 points and the tech-heavy Nasdaq index posted a 0.12 percent slide to end at 6,374.677 points.

The main index in the local market hit a low of 10,366.17 before buying emerged, focusing on electronics and financial shares, which helped pull the index into positive territory and stay above the monthly moving average.

The electronics sub-index ended 0.08 percent higher, while the financial sub-index dropped 0.06 percent.

Among gaining electronics shares, contract chip maker Taiwan Semiconductor Manufacturing Co. (TSMC, ???), the most heavily weighted stock in the local market, rose 0.7 percent to end at NT$214.50.

Shares in smartphone camera lens producer Largan Precision Co. (???) added 1.19 percent to end at NT$5,510.00.

Integrated circuit packaging and testing services provider Advanced Semiconductor Engineering Inc. (???) ended unchanged at NT$40.60 and Hon Hai Precision Industry Co. (??), an assembler of iPhones and iPads, also closed unchanged at NT$117.50.

Taishin Taiwan Small and Medium Cap Fund manager Wang Zhong-liang (???) said the Taiex has hovered around the 10,000-point mark and investors should be alert to a possible rise in profit-taking selling pressure in the short term.

Looking to the future, Wang said market performance will depend on whether the financial and old-economy sectors improve, small and medium-cap stocks rebound and turnover remains above NT$80 billion.

Foreign institutional investors sold a net NT$1.212 billion in shares on Taiwan’s main exchange Monday, according to the Taiwan Stock Exchange.

Source: Focus Taiwan News Channel

Gongliao Rock Festival postponed until Aug. 4

| July 31, 2017 | | 0

Taipei–The three-day 2017 Ho-Hai-Yan Gongliao Rock Festival in New Taipei which was postponed from its original date of July 28 as a result of Typhoon Nesat will now start on Aug. 4, announced New Taipei City Government in a press release on Monday.Th…

Government cuts air conditioning use due to storm damage

| July 31, 2017 | | 0

Taipei–The government has taken a decision to shut down all the air conditioners in its offices for two hours a day in a bid to conserve electricity in the wake of two storms that damaged the country’s power supply over the weekend, the Cabinet said M…

Nesat, Haitang show once again limitations of forecasts

| July 31, 2017 | | 0

Taipei–In pounding Taiwan over the past few days, Typhoon Nesat and Tropical Storm Haitang both pulled surprises, following quirky tracks that defied forecasts and left some parts of the country unprepared for their arrival.Nesat was supposed to make …

22 rather than 69 Taiwanese fraud suspects arrested in Indonesia

| July 30, 2017 | | 0

Jakarta–The number of Taiwanese suspects arrested during an extensive crackdown by Indonesian police on telecommunication fraud Saturday was confirmed Sunday at 22 rather than 69, as had been previously reported by Indonesian media.Indonesian police s…

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