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Friday, October 31, 2014
The U.S. economy grew at a solid annual rate of 3.5 percent in the July-September quarter, propelled by solid gains in business investment, export sales and the biggest jump in military spending in five years.
The U.S. Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in the job market -- a key condition for an eventual interest rate hike.
China says it will ease restrictions on credit cards in a move that might give Visa, Mastercard and other foreign competitors greater access to the Chinese market.
 > China
The Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) forecast that the local manufacturing sector will have a “sluggish” performance over the whole year, and pointed out that the food industry has been in this state for four continuous months.
 > Taiwan
AU Optronics Corp.'s (AUO, 友達) better-than-expected results for the third quarter of this year reflected the flat panel maker's efforts to adjust its product portfolio by producing high-end products, an analyst said Thursday.
The number of people seeking unemployment benefits rose slightly last week, but remained at historically low levels that signal a strengthening job market.
More than half of Taiwanese consumers made their most recent online purchase using mobile phones, the highest rate in the world, according to the results of a survey released Wednesday by search engine Google Inc.
 > Taiwan
Taiwan placed 19th in the World Bank's “Doing Business 2015” rankings, down one notch from a year earlier, the global financial institution said Tuesday.
 > Taiwan
When the Federal Reserve announced the end of its landmark bond buying program Wednesday, it also signaled the start of something else:
The US$4 trillion experiment is almost over.
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