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Thursday, July 16, 2015
China's GDP expanded 7.0 percent year-on-year in the second quarter, official data showed Wednesday, beating expectations as months of central bank policy stimulus helped support the world's second-largest economy.
The urban land price index rose 2.14 percent from six months ago -- its smallest increase since 2010 and a sign that the expanding property bubble is slowing -- according to data released by the Ministry of the Interior (MOI, 內政部) yesterday.
The Taiwan Power Company (Taipower, 台電) projected a 2- to 3-percent rate cut starting Oct. 1 to reflect falling global oil prices.
Shares in Taiwan closed slightly higher Wednesday on reduced turnover as investors remained cautious ahead of a vote by Greece's parliament on whether to accept a bailout agreement, dealers said.
Bank of Japan cuts economic growth, inflation view
Japan's central bank on Wednesday cut its economic growth and inflation forecasts, as analysts warned over a disappointing second quarter that underscores the wobbly success of Tokyo's Abenomics growth project.
Wednesday, July 15, 2015
The Direct Hiring Service Center (直接聘雇聯合服務中心) has benefited more than 100,000 local employers and 110,000 foreign workers, and has saved up to NT$4.6 billion in administration fees since it was set up in 2008, according to officials of the Ministry of Labor (MOL, 勞動部) yesterday.
China's Oppo Mobile Telecommunications Corp. launched three new smartphones in Taiwan recently as part of its strategy to increase its sales volume at a relatively moderate pacethat can contribute to its long-term growth.
Formosan Black bear becomes a celebrity
Following Japanese pop idol Takuya Kimura's (木村拓哉) departure from Taiwan yesterday following his work on a film backed by the Tourism Bureau (觀光局), another star, "OhBear," arrived to promote Taiwan's gorgeous scenery.
Shares in Taiwan ended little changed Tuesday as investors rushed to lock in their earlier gains with the weighted index briefly breaching the 9,100 point level, the nearest technical resistance, dealers said.
The U.S. dollar rose against the New Taiwan dollar Tuesday, gaining NT$0.102 to close at the day's high of NT$31.302 amid renewed fears that the U.S. Federal Reserve will kick off an interest rate hike cycle, dealers said.
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