Tuesday, January 27, 2015
Japan's trade deficit swelled to a record US$109 billion in 2014, data showed Monday, mostly because of huge post-Fukushima energy bills, but analysts said a recent drop in oil prices would shrink the yawning gap.
The Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) on Monday raised its projection for Taiwan's economic growth in 2015, due in part to falling oil prices, an improving global economy and a better outlook on domestic consumption.
The construction sector slowed down in December as newly elected local governors renewed investigations into infrastructure projects, said the Taiwan Institute of Economic Research (TIER).
Shares in Taiwan closed slightly higher Monday after hovering within a narrow range during the entire session because of the Greek election as well as a slide on Wall Street, dealers said.
Following the European Central Bank's (ECB) announcement on Jan. 22 of a new quantitative easing (QE) program, Asian stocks have been soaring higher as foreign investment in Taiwan marks a 6-year high with almost NT$2.2 billion worth of investment.
Despite declining smartphone shipments by Samsung Electronics Co, which still accounted for the most smartphones running on the Android operating system last year, those using systems developed by Google Inc. are expected to see their market share grow at a double-digit pace in 2015, thanks to the rise of Chinese device makers.
Indonesian law firms are facing rising competition from global rivals lured by Indonesia's growing economy and the increasing number of corporate clients needing advice on major deals, such as infrastructure projects.
Sales of CCTV cameras have increased sharply after the government unveiled its plan to require all day care centers to install the surveillance devices, officials said Sunday.
With the proliferation of smartphones in China, the competition in mobile phone security applications has become equally fierce, revealing a growing disparity among many rival products.
Monday, January 26, 2015
Gasoline and diesel prices in Taiwan will increase slightly on Monday, following a small rise in international oil prices last week, CPC Corp., Taiwan said Sunday.