Tuesday, December 10, 2013
While the rules will be relaxed for hiring foreign white-collar employees in Taiwan's free economic pilot zones, the minimum wage for foreign employees there will not be done away with, the Council of Labor Affairs (CLA) said yesterday.
Exports in November decreased by 4.7 percent month-on-month but stayed level year-on-year, according to a report released by the Ministry of Finance (MOF) yesterday.
The Formosa bonds of four major Chinese state-owned banks are set to begin trading on the GreTai Securities Market (GTSM) on Tuesday, massively expanding the Formosa bond market scale in 2013 by 1.72 times to 10.6 billion.
TransAsia Airways (復興航空) is poised to receive NT$600 million in state compensation, after the R.O.C. Air Force elected to cease appeal efforts in courts following a decade-long legal battle.
Taiwan shares were boosted by a rebound in United States markets on Friday, hitting a more than two-year intra-session high before closing nearly 1 percent higher Monday, dealers said.
It took just 9 minutes and 50 seconds for China's Xiaomi Corp. to sell out of all of its 10,000 Red Rice smartphones made available online for the Taiwan market, the company said Monday.
A special law will have to be enacted if the government is to claim the money in dormant bank accounts, the head of the Financial Supervisory Commission (FSC) said Monday.
Japan's economic growth slowed markedly in July-September, revised data showed Monday, highlighting the challenges facing Tokyo's bid to fire up the world's third-largest economy.
Bankers in Australia have much to cheer this Christmas as fees from underwriting IPOs surge 10-fold this year, and many are now betting on an equally active year in 2014 as a slew of private equity exits keep the market busy.
Monday, December 9, 2013
Xiaomi's ranking officials expressed optimism Saturday about this year's projected sales, and indicated that the company would release a new model today.