Friday, September 19, 2014
The Tax Administration, Ministry of Finance yesterday announced that it has imposed a fine of NT$50 million against an offending real estate speculator for manipulating a government program that rewards bonus volume-to-floor area ratio allotments for development projects.
The Industrial Economics & Knowledge Center (IEK, 產業經濟與趨勢研究中心) recently said sales for global wearable electronics devices are expected to reach US$20.6 billion in 2018.
China Mobile Ltd. Chairman Xi Guohua (奚國華) visited the headquarters of Taiwanese smartphone maker HTC Corp. (宏達電) Thursday as part of a business trip to seek further cooperation in fourth-generation (4G) and more advanced wireless technology.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.122 to close at the day's high of NT$30.256 after the U.S. Federal Reserve raised its median estimate for the federal funds rate overnight, dealers said.
Shares in Taiwan extended their momentum Thursday from the previous session as investors took cues from the gains posted on Wall Street overnight when the Dow Jones Industrial Average hit a record high, dealers said.
After announcing it would scrap rice import caps from next year, the South Korean government proposed Thursday an initial 513-percent tariff to soften the impact on a crucial domestic market.
Warner Brothers, the fabled Hollywood studios, plans to eliminate as many as 1,000 jobs, which would be more than 10 percent of its workforce, industry journal Variety reported Wednesday.
Thursday, September 18, 2014
Experts in the financial industry believe that the U.S. Federal Reserve will not raise interest rates during the remainder of 2014, and expressed optimism for the Taiwanese stock market's performance in the fourth quarter.
Taiwanese makers of smartphones and accessories should take advantage of business opportunities in the Vietnamese market, which a local research institute said Wednesday will grow significantly over the next three years.
GreTai Securities Market (GTSM, 櫃檯買賣中心) Chairman Wu Sou-shan (吳壽山) yesterday announced that he will today be welcoming a delegation led by Hong Kong Stock Exchange (HKEx, 香港交易所) Chief Executive Charles Li (李小加) to explore collaborative opportunities in expanding Taiwan's capital markets.