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Friday, July 11, 2014
China's monthly trade surplus jumped 16.4 percent in June to US$31.6 billion, official data showed Thursday, as exports and imports both rose in the latest sign of recovering strength in the world's second-largest economy.
The Tourism Bureau yesterday announced the launch of a travel passport that will save tourists up to 40 percent when traveling around Taiwan through Taiwan Tour Bus.
Taiwan's Asia Pacific Telecom Co. (亞太電訊) on Thursday launched the country's first two 4G Long Term Evolution (LTE)-ready smartphones enabling the widely used EasyCard payment system in the hope of attracting more consumers to its upcoming 4G service.
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip maker, on Thursday reported higher second-quarter sales than it had forecast, a performance that analysts attributed to solid demand for mobile devices.
Prime developer touts commercial property despite uncertainty
Amid increasing market uncertainty, Hung Sheng Construction Co. (宏盛建設) on Thursday launched a commercial property near Songjiang Nanjing Station and Nanjing Fuxing Station at unit rental price of NT$4,000 per ping.
Asustek Computer Inc. (華碩電腦), a Taiwan-based PC vendor, registered a roughly 3 percent year-on-year increase in shipments for the second quarter, but rival Acer Inc. suffered a more than 2-percent drop in the same period, according to International Data Corp (IDC).
Shares in Taiwan regained their footing Thursday, vaulting the index back to the 9,500-point level, closed up 0.79 percent at 18-month high of 9,565.12.
The U.S. dollar fell against the Taiwan dollar Thursday, shedding NT$0.017 to close at NT$29.945 amid an easing of fears that the U.S. Federal Reserve would hike its key interest rates sooner than expected, dealers said.
India reveals first budget featuring 'Modi-nomics'
India's new right-wing government under Prime Minister Narendra Modi unveiled its maiden budget Thursday, promising a new era of fiscal prudence and greater opportunities for foreign investors in key sectors of the economy.
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Australia's unemployment rate returned to a decade high of 6.0 percent in June, data showed Thursday, as the economy shed full-time posts owing to “challenging” conditions and as more people joined the jobs market.
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