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Saturday, August 23, 2014
As graduates flooded into the job market, the unemployment rate in July climbed 0.1 percentage points from last month to reach 4.02 percent, according to a report released by the Directorate General of Budget, Accounting and Statistics (DGBAS, 主計處) yesterday.
A real estate industry magazine yesterday announced that the total value of newly constructed homes throughout Northern Taiwan may reach NT$400 billion toward the end of September, vastly exceeding previous estimates of NT$300 billion.
Taiwan's machine tool exports during the first seven months of the year were up slightly from a year earlier, an industry group said Friday, primarily because of the low baseline set in 2013.
Taiwan will study the possibility of launching cross-border stock trading with Japan in a bid to boost internationalization of the local market, Taiwan's top financial regulator said Friday.
Shares in Taiwan closed above the 9,300 point mark Friday for the first time since Aug. 4 after recent consolidation, as investors took cues from gains posted on Wall Street overnight to hunt bargains, dealers said.
The U.S. dollar fell against the Taiwan dollar Friday, shedding NT$0.032 to close at NT$30.020 after the local market staged a strong rebound, lifting demand for the local currency, dealers said.
Friday, August 22, 2014
With rising consumer goods prices and a better economic outlook, some local banks predict that the Central Bank of Taiwan will raise the interest rate by 0.125 percentage points by the end of the year.
The Financial Supervisory Commission (FSC, 金管會) yesterday pledged to assist in the efforts of Taiwanese financial institutions in expanding toward other Asian markets abroad by easing a number of regulatory hurdles limiting the banking, insurance and securities brokerage industries.
The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.005 to close at NT$30.052 on thin trade amid caution about the possibility that the U.S. Federal Reserve will raise its key interest rates sooner than the market has anticipated, dealers said.
As renowned chef Kentaro Torii (鳥居建太郎) redefined “Food for the Soul,” DBS Bank (星展銀行) again indulged DBS Treasures clients with a gastronomic surprise in Taipei.
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