Saturday, April 19, 2014
Securities companies operating in Taiwan posted a total of NT$8.25 billion in net income for the first quarter, a 75-percent increase year-on-year, in line with Taiwan's strengthening stock market.
The government is expected to hike the housing tax to cool down surging realty prices, and local realtors and builders have cast doubts on the new policy.
Local property stocks underperformed against the broader market Friday to close down amid fears that Taipei was developing new measures to curb the constant climb of housing prices in the city, dealers said.
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.009 to close at the day's high of NT$30.230 as the local central bank picked up the greenback to help the currency recoup earlier losses, dealers said.
Friday, April 18, 2014
DHL recently announced a pick-up and cut-off time extension for outbound shipments to the U.S., enabling it to offer customers in central and southern Taiwan an additional time of up to 2.5 hours for shipment preparation.
The U.S. dollar rose against the New Taiwan dollar yesterday, gaining NT$0.02 to close at the day's high of NT$30.221 after the U.S. currency recouped earlier losses on the back of the local central bank's intervention, dealers said.
The global market for liquid crystal display (LCD) panels will see a supply shortage because of higher demand for large television panels, the Central News Agency (CNA) yesterday cited a local analyst as saying.
es in Taiwan closed higher yesterday in the wake of gains posted on Wall Street overnight, amid eased fears that the U.S. Federal Reserve will hike interest rates sooner than the market has expected, dealers said.
Thursday, April 17, 2014
Taiwan's beer exports to Singapore are expected to grow by 50-100 percent year-on-year in 2014 once a trade pact between the two sides takes effect April 19, Taiwan's main trade promotion body said.