Wednesday, August 20, 2014
As the electronics and financial sectors regained losses from the previous session, shares in Taiwan yesterday made a strong rebound and closed up 102.47 points, or 1.12 percent, at 9,243.78.
The U.S. dollar rose against the New Taiwan dollar Tuesday, gaining NT$0.002 to close at NT$30.042.
Allianz Taiwan has collaborated with JPMorgan to launch variable life and annuity investment insurance products later this month, which boast monthly contributions and the locking-in of profit on a bi-monthly basis.
Tuesday, August 19, 2014
Governing bodies yesterday congregated to devise measures to combat a shift in investment activities from residential to industrial properties observed among real estate speculators.
Despite the government's measures to control the housing market, apartments in Daan District in downtown Taipei have been traded at more than NT$1 million per ping, based on the government's database that tracks local real estate transactions.
The business outlook for Taiwan's Hon Hai Precision Industry Co. (鴻海精密), a major supplier to Apple Inc., is favorable for the second half of 2014 as Apple prepares to launch its iPhone 6, according to U.S. brokerage Morgan Stanley.
Shares in Taiwan on Monday extended their losses and closed down 0.71 percent at 9,141.31, while the U.S. dollar gained NT$0.005 to close at NT$30.04 on the turnover of US$676 million.
Taiwan Business Bank (台灣企銀) recently reported NT$4.59 billion net profit before tax (NPBT) during the period year to July 31, a 65.55-percent growth from the same time in 2013.
Worldwide shipments of smartphones will continue to grow in the third quarter of 2014, spurred by the release of the new iPhone model and China-made handsets later this year, a local market information advisory firm said Monday.
Thailand's economy grew 0.9 percent in the second quarter, dodging recession after the military ended months of political deadlock with a coup and promised to unshackle spending.