Tuesday, August 25, 2015
Taiwan External Trade Development Council (TAITRA, 外協), Taiwan's main trade promotion body, signed an agreement with the Rhode Island Commerce Corporation yesterday to deepen cooperation in trade and investment development.
American depositary receipts (ADRs) of Taiwan-based integrated circuit packaging and testing services provider Precision Industries Co. jumped on Wall Street overnight in the wake of an acquisition plan proposed by Taiwanese rival Advanced Semiconductor Engineering Inc. (ASE, 日月光).
Fresh college graduates' salaries are lower than their expectations, with many even having trouble just making ends meet, according to a survey issued on Monday.
Taiwan could not escape the panic that gripped global stock markets on Monday, as the Taiwan stock exchange's benchmark index plunged nearly 5 percent on heavy turnover.
Asian stocks nosedived on Monday, led by sharp falls in Shanghai as concerns mount over the health of mainland China's economy -- the world's second largest.
Hong Kong Financial Secretary John Tsang Chun-wah has warned of a "crisis" in the volatile financial market following the steepest loss recorded on Wall Street in four years.
Investors who piled into mainland China's stock market at the government's behest may have lost heavily in recent months, but many clung Monday to hopes of official rescue even as markets erased the year's gains.
Monday, August 24, 2015
Despite serious plunges in the stock market, coupled with a faltering Indonesian economy and a declining rupiah, the Indonesia Stock Exchange (IDX) says that seven companies still plan to hold initial public offerings (IPOs) before the end of the year.
Saturday, August 22, 2015
The Taiwan-Turkey Business Association was established on Friday to promote closer trade and industrial cooperation between Taiwan and Turkey, according to the association.
Heads of finance said yesterday that the conditions in Taiwan's stock market have still not met the terms for government intervention via the National Stabilization Fund (國安基金).