Saturday, December 7, 2013
A fourth straight month of solid hiring cut the U.S. unemployment rate in November to a five-year low of 7 percent. The gains in the job market could spur greater economic growth.
Taking into consideration their competitiveness, CPC Corporation (CPC,中油) confirmed that its unit has shelved an investment project for a multi-billion U.S. dollar integrated refining and petrochemical complex in Pengerang, Johor in Malaysia.
Mediatek (聯發科) yesterday announced consolidated revenues of NT$12.82 billion for November, up 48.18 percent year-on-year, inline with previous expectations that the company will maintain high sales volume amid the sector-wide year-end low season.
The weighted average interest rate of the central bank's auction of 364-day negotiable certificates of deposit (NCDs) hit a more-than-three-year low on Friday, showing the local market is full of idle funds.
Local consumer prices are expected to be stable throughout December due largely to a recovery in vegetable and fruit supplies, a think tank said Friday.
Shares in Taiwan closed little changed Friday as many investors stayed on the sidelines ahead of the release later in the day of a jobs report in the United States that could signal the U.S. Federal Reserve's next move, dealers said.
Taiwan's beverage industry looks set to brew to a record high of NT$43 billion (US$1.45 billion) in revenues this year, thanks in part to the local population's growing love of coffee.
The U.S. dollar fell against the Taiwan dollar Friday, shedding NT$0.025 to close at NT$29.665 in thin trading as many traders stayed on the sidelines ahead of the release of a jobs report in the United States later in the day.
Taiwan Taoyuan International Airport looks set to hit a record 30 million passengers by the end of the year, the country's largest international airport said Friday.