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Thursday, October 23, 2014
Japanese economy hit by growing trade deficit
Japan's shaky economy was dealt another blow Wednesday, as official data showed a widening September trade deficit that puts the world's number-three economy on track to log a record annual shortfall.
Wednesday, October 22, 2014
Australia's foreign investment watchdog has approved an Asian consortium's AU$1.34 billion (US$1.18 billion) bid for Goodman Fielder, the food manufacturer said Tuesday.
Taiwan High Speed Rail Corp. (THSRC,台灣高鐵) plans to restructure its finances and reduce its debt burden built up from years of losses, the company said Tuesday.
Chang Hwa Bank (彰化銀行) yesterday staged a board of directors meeting that resulted in an adjustment in the company's boardroom composition.
Chunghwa Telecom Co., Taiwan's largest telecom operator, signed an agreement Tuesday with leading carriers in Asia to build a multi-terabit submarine cable system that will provide direct fiber connectivity to five countries in the Trans-Pacific region.
As the government prepares to introduce a new regulation to levy more tax from big investors, the Taiwan Securities Association (TSA) recommended against the idea, saying that it will hamper the capital market's development.
Hon Hai Precision Industry Co. and Taiwan Semiconductor Manufacturing Co. (TSMC) submitted 229 and 56 patent applications in the second quarter, a sequential drop of 74 and 60 percent, respectively.
China Airlines (CAL) and EVA Airways Corp. posted consolidated revenues of NT$39.59 billion and NT$35.82 billion for the third quarter, up 6.03 percent and 7.76 percent from a year earlier, respectively.
Shares in Taiwan closed slightly lower Tuesday as the market fell into consolidation mode following the surge a session earlier, dealers said.
The U.S. dollar fell against the Taiwan dollar Tuesday, shedding NT$0.014 to close at NT$30.401 as China's stronger-than-expected economic growth in the third quarter bolstered confidence in the regional economy, dealers said.
  
  
  
  
  
  
  
  
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