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Thursday, December 18, 2014
A federal jury decided Tuesday that Apple didn't compete unfairly when it sold music players and songs with copy-protection software that was incompatible with rival devices and music from competing online stores.
Asustek Computer Inc. (華碩) was once again named the top Taiwanese global brand for the year on an annual list released Wednesday by the Ministry of Economic Affairs.
 > Taiwan
Chinese search engine Baidu, the country's equivalent of Google, announced Wednesday it has bought a stake in Uber for an undisclosed sum, as the controversial U.S. web-based taxi app seeks to expand into an already crowded market.
Official figures show Britain's unemployment rate was 6 percent in the three months to October, its lowest level since the 2008 financial crisis.
Committee postpones stock gains tax for 3 years
A legislative committee yesterday approved a three-year delay on a capital gains tax targeting major market players, dashing investor hopes that the tax would be removed.
Even before Mao Chi-kuo (毛治國) took over as the fifth premier of the Ma Ying-jeou presidency in six years, he had been expected to lead a “caretaker Cabinet.” The lame duck president humbled in the Nov. 29 local elections is no longer able to push his policies, the argument goes, so all the Ma administration can do is to sit on its hands and wait for the end of the president's term.
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Taiwan's economy will grow 3.43 percent in 2014 and 3.5 percent in 2015, the Chung-Hua Institution for Economic Research (CIER) said yesterday.
Shares in Taiwan took a beating Wednesday as selling focused on large-cap stocks across the board amid fears that foreign institutional investors will continue to unload their holdings, dealers said.
The U.S. dollar rose against the Taiwan dollar Wednesday, gaining NT$0.03 to close at NT$31.357 after moving in a quiet session ahead of the conclusion of the U.S. Federal Reserve's policymaking meeting due later in the day, dealers said.
DBS Bank is scheduled to launch a U.S. dollar fixed deposit program for Taiwanese investors intrigued by the recent drop in the United States' financial deficits, said Seraph Sun (孫可基), head of Consumer Banking at DBS Bank (Taiwan).
  
  
  
  
  
  
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