Monday, February 16, 2015
Net inflows of foreign funds into Taiwan consistently broke records as overseas institutional investors kept buying in the local market, according to the Financial Supervisory Commission (FSC,), the top financial regulator on the island.
As hundreds of millions in China flock home to celebrate the Year of the Goat, the world's biggest human migration places extraordinary pressure on roads and railways — but technology is offering new ways to find a route home., 1 Comment
Saturday, February 14, 2015
Local market shares rallied 12.6 percent to end above the 9,500-point mark yesterday, in the highest final-session showing since 2000.
Japan and the U.S. are moving closer to reaching agreement on market opening measures needed to conclude a Pacific Rim trade pact, a top U.S. envoy said Friday, urging Japanese business leaders to help bridge the last, difficult disagreements.
China's bank lending more than doubled to 1.47 trillion yuan (US$235 billion) in January from December, the central bank said Friday, with analysts citing seasonal factors and monetary easing.
Approximately 31.7-percent of consumers claim they spend the extra money saved from recent drops in oil prices rather than rolling it over into savings, according to Cathay Holdings' (國泰金控) “National Economic Confidence” February report. Cathay Holdings released the report yesterday morning giving important implications for domestic consumption, as well as Taiwan's export and real estate market.
Shares in Taiwan closed higher Friday after Wall Street posted gains overnight, but turnover remained low as many investors appeared reluctant to chase prices ahead of the Lunar New Year holiday, dealers said.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.155 to close at NT$31.475 as Washington released disappointing job and retail sales reports dampened interest in the U.S. currency, dealers said.
The construction sector got a boost Friday morning after the Ministry of Finance (MOF, 財政部) proposed a day earlier to tax property sellers on the actual sales amount rather than the government-assessed value, dealers said.
Friday, February 13, 2015
A plan released by the Finance Ministry aims to grant tax-exemption to homeowners who sell a home below NT$40 million if they have lived on the property for at least six years., 1 Comment