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Sunday, November 16, 2014
South Korea and New Zealand agreed to a free trade deal Saturday on the sidelines of the G-20 summit in Brisbane, ending five years of negotiations, New Zealand Prime Minister John Key said.
U.S. Secretary of State John Kerry recently reiterated that Washington welcomes Taipei's interests in joining the proposed Trans-Pacific Partnership (TPP), but noted that Taiwan needs to step up efforts on reforming its economy, according to the American Institute in Taiwan (AIT).
China has signed agreements worth US$7.8 billion with neighboring Myanmar, state media reported Saturday, as Beijing continues to assert its growing economic clout in Southeast Asia.
Saturday, November 15, 2014
Energy efficiency experts from the United States yesterday called on Taiwan's public and private sectors to invest in energy efficient policies, as the country is moving toward a variety of renewable energy options amid a wave of anti-nuclear power activism.
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Shares in Taiwan closed little changed Friday as bargain hunters turned active late in the session, picking up heavyweights in the electronics and financial sectors to help the broader market recoup earlier losses at the close, dealers said.
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.014 to end at NT$30.766 as the central bank took advantage of the weakness of the Japanese yen to push down the local currency and push up the greenback, dealers said.
Employees in Taiwan would like to be paid an average NT$40,536 (US$1,324) per month, about 10 percent higher than the average real wage, according to a survey released Friday by an online human resource agency.
Owing to the warming business climate, credit card spending for 2014 spending will likely hit a record high of NT$2 trillion, according to the Financial Supervisory Commission (FSC, 金融監督管理委員會).
Japanese auto parts maker Takata said Friday that U.S. justice authorities have opened a criminal investigation into its exploding airbags, which have been linked to at least five driver deaths.
Japan's top three banks have posted lackluster half-year profit figures as the impact of last year's stock market surge faded and they struggle to boost lending at home.
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