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Monday, April 27, 2015
Analysts said the Taiwan stock exchange's benchmark weighted index, the TAIEX, is closing in on 10,000 points and that foreign institutional investors will be one of the key factors determining when the psychological barrier is breached.
The annual Taiwan-U.S. Commercial Forum will take place next week in the southern city of Kaohsiung, during which officials from the two countries will discuss bilateral commercial relations, said the American Institute in Taiwan (AIT) Friday, which is co-organizing the event.
Pakistan aiming to boost halal export business
Fruity sweets and packets of chicken soup that fall foul of halal laws are disappearing from Pakistan's shop counters as the country looks to clean up its Islamic food credentials to boost exports to rich Gulf states.
Toshiba Corp. was Japan's first company to produce color TVs 55 years ago. However, the fierce price competition with overseas manufacturers in today's home electronics market makes it difficult to turn a profit.
Sunday, April 26, 2015
One of the region's largest banks has complained about the slow progress in Southeast Asia's planned economic integration and singled out mixed messages from Indonesia as a key obstacle to the ASEAN Economic Community (AEC) to be launched at the end of the year.
Saturday, April 25, 2015
Taiwan shares end above 9,900 points
Shares in Taiwan closed above the 9,900-point mark Friday on expanded turnover as investors rushed to pick up large-cap electronics stocks following a rebound staged by the tech-heavy Nasdaq overnight, dealers said.
The Taiwan Institute of Economic Research (TIER, 台經院) yesterday tuned up its forecast on the nation's GDP growth to 3.7 percent this year on the back of greater economic prospects and falling oil prices.
The Taiwan stock futures index touched the 10,000-point mark for the first time in 15 years at one point Friday before pulling back, but it still ended above its previous close.
Friday, April 24, 2015
The industrial production index compiled by the Ministry of Economic Affairs (MOEA) registered at 112.84 in March, growing nearly 7 percent year-on-year and hitting a record high for the same month.
Local market soars on back of heavy financial stocks buying
Shanghai will launch a platform to trade stocks on both exchanges, dealers said.
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