Friday, July 3, 2015
U.S. employers added a solid 223,000 jobs in June, and the unemployment rate fell to 5.3 percent, a seven-year low. The numbers reflect a job market moving close to full health and raise expectations that the Federal Reserve will start raising interest rates as early as September.
Taiwan's purchasing managers index (PMI) fell again last month, dropping 0.3 points to 50.8, the Chung-Hua Institution for Economic Research (CIER,中華經濟研究院) reported yesterday.
The Taiwan Business Bank's (TBB, 台灣企銀) annual shareholders meeting announced its newest chairman, Robert Chu (朱潤逢), taking up his post and the board of director's decision to distribute stock dividends at NT$0.73.
Solar energy stocks got a boost Thursday morning on hopes that global demand will increase this year, while product prices have shown signs of rebounding, prompting investors to buy into these stocks, dealers said.
Power use reached an all-time high yesterday in Taiwan amid broiling heat, according to the Taiwan Power Co. (Taipower, 台電).
Taiwan is not Greece, and is in no danger of becoming the next one., 1 Comment
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.050 to close at NT$31.150 after moving in a quiet session ahead of the release of the U.S. non-farm payroll data the following day, dealers said.
The Taiwan unit of Yahoo Inc. said Thursday that its weekly mobile page views have increased by 50 percent since the search engine revamped its mobile version in early June.
Taiwan-based Foxconn Technology Group (富士康), the world's largest contract electronics maker, will assemble smartphones at its production base in Brazil for Chinese smartphone brand Xiaomi Inc. (小米), market sources said Wednesday.
Swiss brokerage firm UBS Securities cut its annual target again within a month Thursday for the Taiwan stock exchange's benchmark index, the TAIEX, from 10,000 to 9,750 points due to potential risk to earnings.