Friday, November 29, 2013
The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.008 to close at NT$29.680 as the local central bank's intervention helped the greenback recover its earlier losses, dealers said.
Shares in Taiwan closed above the 8,300 point mark Thursday on futures-led buying as foreign institutional investors propped up share prices in the spot market, dealers said.
The Philippine economy expanded 7 percent in the third quarter, but growth is expected to slow because of devastation from the super typhoon that hit eastern and central regions earlier this month.
South Korea's current account surplus surged to another all-time high of US$9.51 billion in October on brisk exports of cars and mobile devices, the central bank said Thursday.
Thursday, November 28, 2013
Indicators compiled by the Cabinet's Council for Economic Planning and Development (CEPD, 經建會) flashed “yellow-blue” for October, marking the fourth consecutive month of tepid recovery, the government agency said yesterday.
According to a recent media survey, 65.8 percent of young adults in Taipei said they would prefer not to have any or have fewer children if they haven't paid off their mortgage loan.
The Financial Supervisory Commission (FSC), Taiwan's top financial watchdog, said Wednesday that it has set an initial ceiling of 10 billion Chinese yuan (US$1.64 billion) for yuan-denominated bonds issued by Chinese entities.
An inauguration ceremony for an upcoming exhibition which will feature the introduction of point-of-sale (POS) system into the business operations of 100 small- to medium-sized businesses was held in Taipei yesterday.
Shares in Taiwan ended higher Wednesday for the fourth consecutive session, boosted by follow-though buying that targeted large-cap stocks in both the electronics and old economy sectors, dealers said.
The U.S. dollar rose against the Taiwan dollar Wednesday, gaining NT$0.02 to close at the day's high of NT$29.672 after seesawing within a narrow range on buying by foreign banks and selling by local exporters, dealers said.