Wednesday, August 5, 2015
The EU and Vietnam on Tuesday announced a free trade deal removing nearly all tariffs, with Brussels calling it a "milestone" on the way to a region-wide agreement with Southeast Asia.
The U.S. territory of Puerto Rico, deep in economic crisis, has defaulted on part of its US$73 billion debt by missing a bond payment due on Monday, rating firm Moody's said.
These days it seems whatever can be burned to power a car, heat a home, make electricity or ship people and goods around the globe is being sold at bargain basement prices.
Major Taiwan realtors yesterday predicted that housing prices will slide in the second half of the year due to the new consolidated housing and land tax and general elections slated for January.
As food businesses in Taiwan try to meet the demands of foreign tourists, the Bureau of Foreign Trade under the Ministry of Economic Affairs (經濟部國際貿易局) is planning the 2015 Kaohsiung Food Show (高雄國際食品展) to let food companies present their products.
Market capitalization of Hermes Microvision Inc. (漢民微測), a semiconductor inspection tool and equipment supplier, was cut by more than NT$20 billion (US$631 million) after its share price was hammered in the past two trading sessions amid lingering concerns over the global integrated circuit industry.
With Father's Day in Taiwan approaching, it may be a good idea for working fathers to look to de-stress. 1111 Job Bank, one of Taiwan's leading human resource agencies, said Tuesday that according to a recent survey, up to 88 percent of working fathers are enormously stressed by job-related worries.
Chinese business leaders yesterday urged Taiwan to participate in the so-called One Belt, One Road (一帶一路) initiative, stressing that Taiwan stands to gain from the project.
Riding off the growing popularity of outlet stores in Taiwan, developers are planning to open three more shopping centers in the next year, which analysts say will enhance local living and convenience.
Shares in Taiwan failed to close higher Tuesday after a 1.62 percent plunge seen a session earlier, although some bargain hunting emerged in the late session with select large-cap stocks in focus, dealers said.