Thursday, March 6, 2014
Shares in Taiwan staged a technical rebound Wednesday as investors were encouraged by rallies on Wall Street and European markets overnight on the back of eased tension in Ukraine, dealers said.
The U.S. dollar fell against the Taiwan dollar Wednesday, shedding NT$0.028 to close at NT$30.352 as foreign fund inflows into Asia resumed amid eased tensions in Ukraine, dealers said.
Thanks to a steady economic recovery in Europe and the United States, the tense situation in Ukraine has had no immediate impact on Taiwan's exports and imports, the Bureau of Foreign Trade (BOFT) said Tuesday.
Japan may slap regulations on Bitcoin including taxing transactions, a report said Wednesday, as the global digital currency suffered another alleged theft that cast doubt on its reliability.
Wealthy Chinese will pour AU$44 billion (US$39.4 billion) into Australian real estate over the next seven years, potentially pushing prices in one of the world's most expensive housing markets even higher, a study said Wednesday.
Wednesday, March 5, 2014
President Ma Ying-jeou said yesterday that the administration would like to move toward an economic cooperation agreement (ECA) with Australia.
April manpower needs across Taiwan are expected to increase by 36,676 jobs over the slow season in January, the second lowest first-quarter increase in five years, according to the Ministry of Labor (MOL).
In anticipation of shortages following the devastation wrought by the outbreak of a porcine diarrhea epidemic (PED) since last October, pork prices reached a 10-year high of NT$82.31 per kilogram at the end of Monday's auctions.
The Financial Supervisory Commission (FSC) and Taiwan Stock Exchange (TWSE) are scheduled to hold a ceremony today to celebrate the launch of financial services in the Free Economic Pilot Zones, marking a new page for Taiwan's financial industry.
Fueled by shopping sprees over the Chinese New Year holiday, Taiwan's retail turnover rose 6.4 percent year-on-year and scored a record monthly high of NT$355.1 billion in January.