Tuesday, September 30, 2014
China will begin direct trading between its yuan currency and the euro starting on Tuesday, the national foreign exchange market's operator said, as Beijing seeks to broaden the unit's global usage.
Asian stock markets were mixed Monday as pro-democracy protests in Hong Kong and concern about China's economy offset good U.S. economic news.
Oil prices eased in Asia Monday as the U.S. dollar strengthened while dealers sat on the sidelines due to a dearth of trading cues, analysts said.
The dollar rose Monday after data showed the U.S. economy grew more than first thought in April-June, while it hit a six-month high against the Hong Kong dollar after weekend unrest in the southern Chinese city.
Saturday, September 27, 2014
Japanese stocks led most Asian benchmarks lower Friday while European stocks drifted in lackluster early trading after Wall Street's worst day since July, as investors awaited the latest economic data on the world's largest economy.
The dollar took a breather in Asia on Friday after hitting a near two-year high against the euro in New York as the U.S. economy shows further signs of strength.
Oil prices were mixed in Asia Friday as dealers focused on conflict-wracked Ukraine and U.S.-led airstrikes against jihadists in the Middle East, analysts said.
Friday, September 26, 2014
Foreign institutional investors (FINIs) on Thursday remained net sellers for the 11th straight trading session, the longest time span over the last fifteen months, selling a total of NT$5.89 billion worth of local shares.
Reports indicate that Andrea Leadsom, Economic Secretary to the Treasury of the UK, is poised to visit Taiwan next month, marking a new milestone in financial collaboration between the far-flung nations.
The Taipei City Government won the Citizen's Choice Award for its “Clean Air — It's Your Move” initiative at the C40 and Siemens City Climate Leadership Awards ceremony in New York recently.