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Thursday, May 28, 2015
The European Union and Switzerland signed a major accord Wednesday that will end banking secrecy for EU residents and prevent them from hiding undeclared income in Swiss banks, the European Commission said.
With the Japanese yen losing its value, hypermarket chains said in addition to rolling out specials on Japanese goods, they will request price cuts from Japanese suppliers.
 > Taiwan
The 1111 Job Bank (1111人力銀行) has established a dating website called 1111 Love (1111光棍網) to help singles find their better half.
The mobile division of Japan's Sony Corp. launched its newest Xperia Z flagship smartphone in Taiwan on Wednesday, aiming to unseat Samsung Electronics Co. as the top vendor in the country's high-end Android phone market.
UK bank Barclays Plc forecast Tuesday that Taiwan's industrial production will normalize next month after tepid growth in April, citing an easing of drought conditions in Taiwan and rising demand from Europe and the United States.
 > Taiwan
The consumer confidence index (CCI) dipped 1.29 points to 91.64 in May, while the stock investment confidence sub-index saw the largest fall, by 9.6 points, based on a report released by the National Central University (中央大學, NCU) yesterday.
 > Taiwan
COMPUTEX: 9 products clinch sought-after Best Choice Awards
Nine electronics products received golden Best Choice Awards on Wednesday from organizers of COMPUTEX Taipei, the world's second biggest computer trade show, that honored their innovation, functionality and market potential.
 > Taiwan
Foxconn Chairman Gou announces firm to join 'Made in China 2025' plan
Hon Hai Precision Industry Co. (鴻海精密) Chairman Terry Gou (郭台銘) said that the Taiwanese manufacturing company will fully participate in the "Made in China 2025" plan, a 10-year action plan created to advance China into a world manufacturing power.
Shares of CTBC Financial Holding Co. (中信金), one of Taiwan's leading financial holding companies, jumped Wednesday morning after the company announced that subsidiary CTBC Bank (中信銀) will acquire a 100 percent stake in China CITIC Bank International Ltd., dealers said.
 > Taiwan
Shares in Taiwan closed higher Wednesday as buying rotated to the financial sector, enabling the broader market to extend its gains from a session earlier, dealers said.
 > Taiwan
  
  
  
  
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