Tuesday, November 25, 2014
Asian stocks rose Monday after China's surprise interest rate cut as investors looked ahead to European inflation data due out this week and an OPEC meeting to discuss oil production levels.
The euro struggled in Asian trade Monday after being hammered late last week in response to comments from the European Central Bank (ECB) chief hinting at further stimulus measures to fend off deflation.
Oil prices rose in Asia Monday before a crucial meeting of the OPEC cartel later in the week that will discuss whether to trim output, analysts said.
Shares in Intesa Sanpaolo leapt Monday following a report the Italian bank is mulling a bid for Coutts, the British private bank that counts Queen Elizabeth II among its clients.
Monday, November 24, 2014
The OPEC oil producers cartel will hold one of its toughest and most significant meetings in recent years as, faced with sliding prices, its members must contemplate whether to cut output.
Saturday, November 22, 2014
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) will turn a plant recently purchased from Qualcomm into a facility devoted to the development of the advanced integrated fan-out wafer-level packaging (InFO-WLP) technology, said a Hong Kong-based institutional investor.
In recognition of Siemens Taiwan's efforts to help local manufacturers transition and upgrade, the Ministry of Economic Affairs (MOEA, 經濟部) recently singled out Siemens Limited Taiwan as a “Diversified Innovation Partner.”
Prices of TV panels quoted for November continued to rise, driven by strong demand from international TV brands ahead of the Thanksgiving and Christmas shopping season, a market researcher said Friday.
Offering a new experience for VIP flyers including first and business class passengers, China Airlines (CAL,中華航空) has recently opened three VIP lounges at Taiwan Taoyuan International Airport (桃園國際機場).
The U.S. dollar fell against the New Taiwan dollar Friday, losing NT$0.010 to close at NT$31.005 as traders locked in gains they had built up in recent sessions after witnessing a rebound staged by other regional currencies, dealers said.