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Saturday, November 1, 2014
U.S. consumers cut spending in September for the first time in eight months, as incomes grew at the slowest pace this year. The figures underscore nagging economic soft spots that are expected to ease in the coming months.
Acer to offer Chrome OS on local computers
Taiwanese computer maker Acer Inc. (宏碁) on Friday said it plans to begin selling its laptops and desktop computers running Google's Web-based Chrome OS in Taiwan next week to strengthen product offering for education and business markets.
Vice Finance Minister Wu Tang-chieh (吳當傑) yesterday organized a meeting with leaders of the nation's nine foremost state-run banks, establishing an accord to diminish the sources of credit available to edible oil scandal-embroiled Ting Hsin International Group (頂新).
If the current economic growth pattern continues, emerging countries are set to comprise about 60 percent of the world economy in 2026, while the rest will be represented by the developed economies, a noted Canadian economist said in a speech in Taipei.
 > Taiwan
Inflation crept higher in the 18 countries that use the euro in October — but the rise to an annual 0.4 percent offered little relief to the European Central Bank (ECB) as it tries to boost a weak economy.
Declines in China's new home prices slowed in October, a survey showed Friday, though figures still fell for a sixth straight month as property woes weigh on growth in the world's second-largest economy.
 > China
The Ministry of Labor (MOL,勞動部) yesterday announced that it has given refunds to 96 percent of dispossessed workers left behind without retirement benefits, severance pay and back wages owed to them following a wave of factory closures by unscrupulous proprietors between 1996 and 1998. Their struggle lasted 17 years.
 > Taiwan
Taiwan Mobile (台灣大哥大) remained the top earner among local telecom carriers with earnings per share (EPS) of NT$4.45, followed by Chunghwa Telecom (CHT) with NT$3.94 and Far EasTone (FET) with NT$2.90.
 > Taiwan
Boosted by strong growth in subscriptions, Chunghwa Telecom Co. (CHT,中華電信) recently said it will readily achieve its goal of acquiring 40 percent of the fourth generation (4G) market for 2014.
CAL wins top green award for 2nd year running
China Airlines (CAL, 中華航空) on Thursday announced it has again won the annual Enterprises Environmental Protection Award (中華民國企業環保獎), taking home a gold medal.
 > Taiwan
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