Sunday, August 17, 2014
British banking group Barclays PLC expects Taiwan's central bank to start a cycle of raising rates in the fourth quarter of this year, as the local economy is heading for a recovery.
Nomura Bank International announced on Thursday it has issued US$325 million in 30-year accrual bonds in Taiwan, marking the first bond issued by a Japanese institution on the island in years.
Taiwan's light-emitting diode (LED) packaging services providers saw their sales in China edge lower in 2013 amid rising competition from their Chinese counterparts, according to a research report.
Nanya Technology Corp., one of Taiwan's leading dynamic random access memory (DRAM) chip makers, retained its spot in the second quarter as the fourth largest DRAM supplier in the world, according to a recently released research report.
Saturday, August 16, 2014
U.S.-based market research institute International Data Co. (IDC) yesterday announced that global smartphone shipments over the course of the second quarter exceeded 300 million units for the first time this year, gaining 25.3 percent year-on-year.
Philippine-based Skyjet Airlines on Friday called off what would have been its inaugural flight from Taiwan Taoyuan International Airport to Boracay after detecting signal abnormalities on its BAE 146 jet.
The Directorate-General of Budget, Accounting and Statistics (DGBAS, 主計處) yesterday upwardly adjusted its gross domestic product (GDP) growth forecast, stating that the nation's economy is poised to expand at a pace exceeding 3 percent, with chances to hit 3.2 percent.
New Economics Minister Duh Tyzz-jiun (杜紫軍) said Friday on his first official day in office that he will do his utmost to speed up Taiwan's economic transformation and adjust its industrial structure.
Shares in Taiwan trended lower on thin turnover Friday as the local market remained in consolidation mode after recent heavy losses, dealers said.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.010 to close at NT$30.035 as other regional currencies extended their gains, which encouraged traders here to pick up the local currency, dealers said.