Tuesday, May 26, 2015
SEOUL - Samsung Group announced Tuesday the merger of two major affiliates, as the South Korean business giant accelerates restructuring efforts ahead of a generational power transfer within the founding Lee family.
Japan swung back to a trade deficit in April after the first surplus in almost three years in March, but the shortfall shrank drastically year-on-year thanks to stronger exports and lower energy bills, official data showed Monday.
The Ministry of Economic Affairs announced Monday that Taiwan's industrial production index in April reached 106.37, down 4.8 percent from the previous month, but representing a rise of 1.06 percent from the previous year.
As monsoon rainfall poured water into the island's reservoirs over the weekend, the government yesterday called off the phase-three water rationing imposed in Kaohsiung.
The significant decrease of individual funds is the main reason TAIEX's total transaction volume shrank last year, even with foreign institutional investments soaring to hit a new high, according to Tseng Ming-chung (曾銘宗), chairman of the Financial Supervisory Commission (FSC, 金管會) yesterday.
Shares in Taiwan consolidated within a narrow range and closed almost flat Monday, dealers said.
Saturday, May 23, 2015
The Taiwan External Trade Development Council (TAITRA, 中華民國對外貿易發展協會) will soon organize a series of forums at COMPUTEX Taipei (台北國際電腦展).
The Taipei government on Friday launched an integrated platform for tourist taxi services, providing foreign travelers an alternative to discover the capital city at their own pace.
A savings strategy called the Millionaire Plan (小富翁帳戶), created by Taipei Fubon bank, provides parents with the option of investing money for their children's tuition fees.
The government's comptroller body forecast the nation will see 3.28 percent GDP growth in 2015, a 0.5-percentage point downward adjustment from the February forecast.