Friday, March 6, 2015
The European Central Bank (ECB) will start buying government debt in its new quantitative easing programme on March 9, ECB chief Mario Draghi said on Thursday.
China set a lower economic growth target for this year and promised to open more industries to foreign investors as it tries to make its slowing, state-dominated economy more productive.
The economic monitoring indicator flashed a “green” signal in January, which represents a stable economy, said the National Development Council (NDC) yesterday.
Shares in Taiwan trended lower Thursday to close below the 9,600-point level as investors took cues from losses suffered on Wall Street overnight to cut their holdings in the local market, dealers said.
The Consumers' Foundation (CF, 消基會) yesterday blasted new, tighter regulation on Taiwanese travelers who bring back overseas vitamins, arguing that it leaves consumers no recourse against inflated prices at home.
Shares of Hermes Microvision Inc. (漢民微測), a leading Taiwan-based semiconductor inspection tool and equipment supplier, moved higher Thursday after the company gave an optimistic assessment of sales growth for 2015, dealers said.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.027 to close at NT$31.507 after moving in a narrow range ahead of a policymaking meeting of the European Central Bank (ECB), dealers said.
The U.S. economy continued to grow at a fairly moderate rate in recent weeks despite bad winter weather in some regions, according to a Federal Reserve report released Wednesday.
It could be the battle of the titans. Auto giants at the Geneva Motor Show say they welcome the potential move of Silicon Valley players into their sector but experts warn of major disruptions.