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Saturday, December 13, 2014
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.064 to close at the day's high of NT$31.326, as positive retail data for November in the United States helped boost the greenback, dealers said.
Friday, December 12, 2014
Moody's raised the Philippines' credit rating by one notch on Thursday, in a further sign of the country's economic transformation.
The Housing Movement (巢運) vowed to take to the streets if the Executive Yuan fails to send its bill for property tax reform to the Legislature next month.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.002 to close at the day's high of NT$31.262 as the greenback recouped its earlier losses thanks to support from local central bank intervention, dealers said.
BASF has entered into a definitive agreement to fully acquire the business and assets in Taiwan and mainland China of Taiwan Sheen Soon (TWSS, 台灣欣順), the global leader for thermoplastic polyurethanes (TPU) adhesives base material.
Shares in Taiwan closed lower Thursday, marking the fifth consecutive losing session, with selling sparked by a dive on Wall Street overnight, dealers said.
FSC head supports scrapping of capital gains tax plan
The chairman of the Financial Supervisory Commission (FSC,證券監督管理委員會) said Thursday that he supports a possible U-turn on the proposed capital gains tax in the stock market targeting major market players.
Australia's central bank governor Friday called on the nation's politicians to tackle the “real issue” of the country's growing budget deficit, saying action was needed to retain credibility in financial markets.
Thursday, December 11, 2014
First direct China-Spain freight train signals faster, cheaper, greener trade
The first freight train to link China directly to Spain arrived in Madrid on Tuesday after covering over 13,000 kilometers (8,000 miles) in a test run of a planned regular service between the two nations.
Taiwan ranked as the 10th largest trading partner of the United States for the first 10 months of this year, according to statistics released Tuesday by the U.S. Department of Commerce (DOC).
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