Saturday, December 14, 2013
U.S. producer prices fell for a third straight month in November, pointing to a lack of inflation pressure that could give the Federal Reserve pause as it weighs the future of its monthly bond purchases.
Three years after going cap in hand to international lenders to avert bankruptcy, Ireland has officially ended its bailout in a landmark for the eurozone's efforts to resolve its debt crisis.
Taiwan-based Pegatron Corp., which has been accused of fostering a harsh working environment at its Shanghai complex, said yesterday that working conditions at the facility were as good as in Taiwan's Hsinchu Science Park.
Mexico's Congress approved historic energy reform Thursday aimed at luring foreign oil firms back into the country and ending the state's 75-year-old monopoly following a heated debate.
U.S. regulators Thursday opened the door to allowing mobile phone use on airplanes — an issue that has stirred howls of protest over the potential for disruption in the skies.
The global airline industry expects its profits to jump to a record high next year, helped by falling jet fuel prices, rising travel demand and cost-cutting.
Land developers and real estate agents yesterday warned that real estate prices throughout the country may go up further next year after a steep increase in land value on the first day of 2014, when sellers are expected to unload their tax burdens on buyers by raising prices.
Shares in Taiwan staged a technical rebound Friday but turnover remained thin, making it hard for the index to overcome stiff technical resistance ahead of 8,400 points, dealers said.
Shares of MediaTek Inc. (聯發科), one of Taiwan's leading integrated circuit designers, extended its losses Friday morning from the previous session amid worry that the company's shipments will be affected by a closure of an Advanced Semiconductor Engineering Inc. (ASE,日月光) plant in Kaohsiung, dealers said.
The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.029 to close at NT$29.689 on thin turnover as many traders stayed on the sidelines, dealers said.