Sunday, May 17, 2015
Taiwan is likely to post negative growth in export orders for April, mainly due to a slowdown in the global handheld device market, the Ministry of Economic Affairs (MOEA) said Saturday.
Integrated circuit design companies in Taiwan have increased wages in a bid to to prevent brain drain, as competitors in China have been recruiting Taiwanese talent, market analysts said Saturday.
Taiwan Ratings (中華信評), a local partner of Standard & Poor's Ratings, has affirmed the credit ratings of CTBC Financial Holding Co. (中信金), which recently decided to acquire a life insurance company.
Saturday, May 16, 2015
Shares in Taiwan closed lower Friday, failing to sustain early gains amid worries over further volatility down the road, dealers said.
The Financial Supervisory Commission (FSC, 金管會) said Friday that it will further relax day trading rules on June 1 to include more stocks in Taiwan's day trading framework.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.069 to close at NT$30.612 after a fall in the U.S. producer price index for April prompted traders in Taiwan to dump the greenback throughout the session, dealers said.
Friday, May 15, 2015
Shares in Taiwan took a beating Thursday as the financial sector came under heavy pressure amid fears that a drop in property prices would hurt the bottom lines of banks that have made big loans to home buyers, dealers said.
The U.S. dollar fell against the New Taiwan dollar Thursday, shedding NT$0.099 to close at NT$30.681 after Washington released lower-than-expected retail sales for April, dealers said.
Microsoft Corp. on Thursday launched its least expensive Lumia smartphone to date in Taiwan, as part of the software giant's efforts to offer more low-cost handsets.
Thursday, May 14, 2015
When the consolidated land and housing tax is launched next year, the "luxury tax" will be annulled at the same time, Finance Minister Chang Sheng-ford (張盛和) said yesterday.