Saturday, September 27, 2014
Japanese stocks led most Asian benchmarks lower Friday while European stocks drifted in lackluster early trading after Wall Street's worst day since July, as investors awaited the latest economic data on the world's largest economy.
The dollar took a breather in Asia on Friday after hitting a near two-year high against the euro in New York as the U.S. economy shows further signs of strength.
Oil prices were mixed in Asia Friday as dealers focused on conflict-wracked Ukraine and U.S.-led airstrikes against jihadists in the Middle East, analysts said.
Friday, September 26, 2014
Foreign institutional investors (FINIs) on Thursday remained net sellers for the 11th straight trading session, the longest time span over the last fifteen months, selling a total of NT$5.89 billion worth of local shares.
Reports indicate that Andrea Leadsom, Economic Secretary to the Treasury of the UK, is poised to visit Taiwan next month, marking a new milestone in financial collaboration between the far-flung nations.
The Taipei City Government won the Citizen's Choice Award for its “Clean Air — It's Your Move” initiative at the C40 and Siemens City Climate Leadership Awards ceremony in New York recently.
Sentiment toward the local manufacturing sector turned cautious at a time when optimism about a global economic recovery has dropped, the Taiwan Institute of Economic Research (TIER, 台灣經濟研究院), a local think tank, said Thursday, citing the results of a survey.
Shares in Taiwan closed lower Thursday on futures-led selling as foreign institutional investors sold in the spot market to make profits in the futures market, dealers said.
Taiwanese smartphone maker HTC Corp. (宏達電) is losing another senior employee as one of its product managers in the United States has decided to join Cyanogen Inc., the developer of the custom Android software CyanogenMod.
The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.062 to close at the day's high of NT$30.310 as traders took hints from the weakness of the local market to further cut their holdings in the local currency, dealers said.