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Wednesday, August 26, 2015
Japan's finance minister on Tuesday warned over the yen's rapid rise after the U.S. dollar plunged to a seven-month low against the unit on fears over China's economy and global growth.
Tuesday, August 25, 2015
Shanghai stocks slump, but Asian bourses bounce
SHANGHAI - Shanghai stocks tumbled on Tuesday, extending their steepest four-day rout in almost 20 years after worries about China's faltering economy sent world markets reeling, but other Asian stocks bounced back from heavy early losses.
A plunge on the local equity market in recent sessions posted massive losses for investors, market statistics showed . According to the data, equity investors in Taiwan have lost more than NT$200,000 on average so far this month.
The unemployment rate in July dropped 0.2 percentage points from last year to 3.82 percent, the lowest for the month in 15 years, the Directorate General of Budget, Accounting and Statistics (DGBAS, 主計處) reported yesterday.
Solar energy shareholders expressed concern about the possible impact of the downturn in oil prices and the tumble that Taiwan stocks took yesterday on their industry, despite a broadly positive outlook among investors.
For those recent graduates who have successfully landed a job, an average of 66 resumes had to be sent out before receiving an offer, according to a survey released on Monday by an online human resource agency.
Taiwan External Trade Development Council (TAITRA, 外協), Taiwan's main trade promotion body, signed an agreement with the Rhode Island Commerce Corporation yesterday to deepen cooperation in trade and investment development.
American depositary receipts (ADRs) of Taiwan-based integrated circuit packaging and testing services provider Precision Industries Co. jumped on Wall Street overnight in the wake of an acquisition plan proposed by Taiwanese rival Advanced Semiconductor Engineering Inc. (ASE, 日月光).
Fresh college graduates' salaries are lower than their expectations, with many even having trouble just making ends meet, according to a survey issued on Monday.
Taiwan could not escape the panic that gripped global stock markets on Monday, as the Taiwan stock exchange's benchmark index plunged nearly 5 percent on heavy turnover.
  
  
  
  
  
  
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