Thursday, September 25, 2014
Coke, Pepsi and Dr Pepper said Tuesday that they'll work to reduce the calories Americans get from beverages by 20 percent over the next decade by more aggressively marketing smaller sizes, bottled water and diet drinks.
Central bank chief Perng Fai-nan (彭淮南) said yesterday that importers should lower prices in the wake of the latest wave of currency depreciation, and prices for Japanese merchandise should decline between 3 and 4 percent.
The Taiwan Textile Federation (TTF) recently won a gold award in a competition held by the Bureau of Foreign Trade for organizing Taipei IN Style (TIS), according to the federation.
Formosa Plastics Group (FPG,台塑集團) is expected to invest an additional US$500 million into its steel mill in the southeastern Chinese province of Fujian, according to a report of Economic Daily News.
A leading Taiwanese think tank raised its forecast again Wednesday for Taiwan's gross domestic product (GDP) growth for 2014, citing the improving global economy.
Shares in Taiwan staged a mild technical rebound Wednesday from losses seen in the previous two sessions, with old economy stocks in focus, dealers said.
Germany's Deutsche Bank AG has downgraded shares of Taiwan's MediaTek Inc. (聯發科技), the leading supplier of chips for Chinese smartphones, citing an increasingly crowded market in China.
The U.S. dollar rose against the New Taiwan dollar Wednesday, gaining NT$0.008 to close at NT$30.248 as foreign institutional investors remained on the sell side in the local bourse, dealers said.
Samsung Electronics Co. said Wednesday its latest Galaxy Note 4 smartphone will go on sale in China and South Korea later this month as its flagging mobile business tries to defend sales from Apple's new iPhones.
Germany's Ifo business confidence indicator fell to its lowest level in 17 months in September, data showed on Wednesday, as Europe's biggest economy increasingly feels the chill from geopolitical crises.