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Saturday, December 27, 2014
Local economy remains stable in November: NDC
The economic monitoring indicator flashed green in November, indicating a stable economy, according to a report released by the National Development Council (NDC) yesterday.
The GreTai Securities Market (GTSM, 櫃臺) is scheduled to launch spot gold trading on Jan. 5 in a bid to provide local investors with more financial investment instruments.
Exchange traded funds (ETFs, 指數股票型證券投茲信託基金) issued in Taiwan linked to A shares in China moved higher Friday morning as investors were encouraged by a strong rebound staged by Chinese stocks a session earlier, dealers said.
The U.S. dollar fell against the Taiwan dollar Friday, shedding NT$0.003 to close at NT$31.750 as traders here took cues from the strength of the South Korean won to buy into the local currency, dealers said.
Friday, December 26, 2014
Japanese low-cost carrier Vanilla Air said Thursday that it will increase the number of flights on its Taipei-Tokyo route during the Lunar New Year season to meet expected higher demand.
The construction sector slowed in November, the third consecutive month of decline according to a report released yesterday by the Taiwan Institute of Economic Research (TIER, 台經院).
Shares in Taiwan closed lower Thursday in thin trade as many foreign institutional investors stayed out of trading on Christmas Day, dragging down daily turnover, dealers said.
The Financial Supervisory Commission (FSC, 金管會), the top financial regulator in Taiwan, is considering relaxing sales rules for Chinese yuan-denominated bonds, or “ Formosa bonds,” in the Taiwan market.
THSR ticket prices may go down: MOTC
If the Taiwan High Speed Rail Corp. (THSRC) financial restructuring plan is approved Monday at the Legislative Yuan, train tickets are likely to go back to 2013 prices by the end of January, according to Minister of Transportation and Communications (MOTC) Yeh Kuang-shih (葉匡時).
The U.S. dollar fell against the Taiwan dollar Thursday, shedding NT$0.062 to close at NT$31.753 as the local currency staged a technical rebound from its latest slump.
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