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Tuesday, April 8, 2014
Taiwan shares closed lower Monday as investors remained cautious after the benchmark index reached a 33-month high last week, dealers said.
Taiwan's CPI up 1.61 percent in March to 13-month high
Taiwan's consumer price index (CPI) for March rose 1.61 percent from the year-earlier level due to rising food costs, government statistics showed Monday. It was the largest gain in the CPI in 13 months, according to the Directorate General of Budget, Accounting and Statistics (DGBAS).
Encouraged by the Philippine economy's robust growth, Singaporean companies are now keen on tapping investment opportunities in the country's agriculture, retail and infrastructure industries.
Monday, April 7, 2014
The Japanese government is seeking to promote the export of ultra-supercritical (USC) pressure technology power plants to meet expected growing demand in emerging economies, the Nikkei business daily said.
The Chung-Hua Institution for Economic Research (CIER, 中經院) is expected to make an adjustment to its 2014 GDP growth forecast of 3.03 percent, on April 15, according to local news sources.
Local airlines and travel industry groups are holding out hope that China's effective ban on its citizens changing planes in Taiwan will be lifted soon, they said Saturday, ahead of a high-profile international forum in China next week.
Taiwan maintained its rank as the largest electronics product supplier to China in 2013, accounting for more than 27 percent of Beijing's total electronics imports, statistics showed.
Sunday, April 6, 2014
Taiwanese integrated circuit (IC) packaging and testing services providers are expected to see their sales pick up in the second quarter on the back of solid demand for mobile devices, helping them emerge from slow-season effects seen in the previous quarter, market analysts said.
Saturday, April 5, 2014
The Central Bank of the Republic of China (Taiwan) said the nation's foreign exchange reserves amounted to US$419.2 billion as of the end of March 2014, an increase of US$1.22 billion from the figure recorded at the end of the previous month.
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Foreign investors recorded net fund inflows in March, the seventh consecutive month in which foreign investors brought more than funds into Taiwan than the funds expatriated overseas, according to government statistics released Friday.
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