Thursday, November 27, 2014
World stock markets mostly rose Wednesday as stronger U.S. growth offset a less rosy outlook for China.
The yen rose against the dollar Wednesday as a recent sell-off in the unit ran out of steam following mixed U.S. economic data, while Japan's top central banker raised concerns about its weakness.
Oil prices were mixed in Asia Wednesday as speculation swirls that the OPEC oil cartel will maintain output at this week's closely watched meeting despite a global supply glut.
The Tokyo Stock Exchange (TSE) has indefinitely shelved plan to hold a two-hour evening session, which was being considered as a way for the bourse to better compete with rivals in Europe and the United States.
Wednesday, November 26, 2014
The weak eurozone economy poses a key threat to global growth, the OECD warned Tuesday, urging more flexibility in fiscal rules for struggling EU members like France and Italy to prevent another recession.
The U.S. economy grew at a solid 3.9 percent annual rate in the July-September period, even faster than first reported, giving the country its strongest six months of growth in more than a decade.
Financial Supervisory Commission (FSC, 金管會) Chairman Tseng Ming-chung (曾銘宗) yesterday emphasized that the election is not expected to have tangible impacts on the market and that performance of the TAIEX remains to be determined by .................
South Korea may not be as happy as Taiwan thinks with its recently concluded free trade agreement (FTA) with China, an economist at a local think tank said Tuesday.
Former finance minister Christina Liu (劉憶如) warned recently that China may face several economic risks next year as a result of sagging exports to Europe and domestic challenges in the housing and bond markets.
Private sector sentiment toward activity in the manufacturing and services sector declined for the third consecutive month in October amid increasing uncertainty over the global economy, according to one of Taiwan's leading think tanks.