Friday, December 19, 2014
Third-party payment providers will have to fork out NT$10 billion in funds if they want to establish themselves as electronic banks, said Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung (曾銘宗) yesterday.
Friday, December 12, 2014
Australia's central bank governor Friday called on the nation's politicians to tackle the "real issue" of the country's growing budget deficit, saying action was needed to retain credibility in financial markets.
Wednesday, December 10, 2014
Shopping via mobile phones is fast becoming the main option for spending money in China, with transactions from the not-so-developed western region of the country being the driving force, a report said on Monday.
Thursday, December 4, 2014
Australia's economy slowed more than expected in the third quarter as an increase in exports was weighed down by falling private investment, data showed Wednesday, in another sign of the nation's rocky transition away from mining-led growth.
Wednesday, December 3, 2014
Australia's central bank on Tuesday held interest rates at a record low 2.5 percent, signaling its intention to keep an accommodative monetary policy while saying a weaker exchange rate was needed to support growth.
Saturday, November 29, 2014
Australian energy firms were hit hard Friday by the OPEC oil cartel's decision against cutting production, with stocks tumbling across the board as crude prices hit four-year lows.
Friday, November 28, 2014
An Australian parliamentary committee Thursday recommended strengthening rules on foreign investment in the country's booming housing market, calling enforcement of the current framework "severely lacking."
Tuesday, November 11, 2014
Regulators stated that the Shanghai-Hong Kong stock trading link will begin in a week's time on Monday, Nov. 17, spurring on gains in markets across Asia.
A global infrastructure hub proposed by G-20 nations to help strengthen economic growth will be based in Sydney and funded by Australia, a report said on Monday.
Wednesday, November 5, 2014
Australia's central bank Tuesday kept interest rates at a record low 2.5 percent, maintaining an unchanged outlook for the country's economy as it continued to call for a weaker currency.